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Our client, a well-known, international manufacturing company is looking for a highly skilled Senior Cost Accountant to join their team in the Malvern, Pennsylvania area. In this role, you will serve as a key finance partner to plant and operations leadership, driving standard costing accuracy and providing insights that influence critical business decisions. You will lead core cost and inventory accounting processes and collaborate across departments to enhance reporting quality, strengthen controls, and support strategic initiatives.
Job Responsibility:
Manage essential manufacturing cost accounting tasks, including supporting monthly closes, reviewing transactions, and reconciling inventory and cost accounts
Conduct and review balance sheet reconciliations, promptly resolving discrepancies while ensuring proper documentation and compliance with controls
Analyze plant-level financial results for accuracy and consistency, ensuring adherence to reporting standards across all locations
Oversee standard costing processes, including setting and updating standards, and ensuring the accuracy of costing inputs such as raw materials and production conditions
Maintain cost-related master data, including bills of materials (BOMs), raw material standards, and transfer pricing updates
Evaluate and interpret operational performance metrics, such as cost variances, absorption rates, and yield analyses, providing actionable recommendations to leadership
Support budgeting and forecasting processes, including developing analytical models to compare actual costs to budgets and assist in long-term planning
Coordinate physical inventory counts, ensuring accurate execution, reconciliation, and implementation of improvement measures
Lead cross-functional initiatives to enhance production reporting and optimize costing processes, collaborating with IT and other stakeholders to implement system enhancements
Act as a liaison between operations, engineering, supply chain, and finance, ensuring alignment in costing practices and timely decision support
Requirements:
Minimum of 5 years of experience in cost accounting, preferably within a manufacturing environment
Strong expertise in standard costing, cost analysis, and manufacturing cost accounting practices
Proficiency in SAP or similar ERP systems for managing cost and inventory processes
Advanced skills in Microsoft Excel, including building analytical models and performing complex data analysis
Excellent problem-solving abilities with a proactive approach to identifying and resolving discrepancies
Demonstrated ability to collaborate across departments and lead cross-functional initiatives
Strong communication skills to present insights and recommendations effectively to leadership
Knowledge of inventory management and audit processes, with a focus on maintaining control compliance
Nice to have:
SAP GUI experience
What we offer:
Bonus plan
401k with match
health/vision/dental insurance
competitive PTO and holidays
medical, vision, dental, and life and disability insurance for contract/temporary professionals
eligible to enroll in company 401(k) plan for hired contract/temporary professionals