Panasonic

Cost Accounting Lead

Panasonic$85K — $110K *
Manufacturing & Automotive
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance, or related field
  • 5-10+ years of experience in cost accounting, inventory accounting, or operations finance
  • Strong understanding of standard costing, variance analysis, and inventory controls
  • Experience managing multiple business units or P&Ls
  • Ability to communicate financial information effectively to operations
  • Prior experience in a supervisory role over staff

Responsibilities

  • Maintain and update standard costs for labor, materials, and overhead in the ERP system
  • Analyze key variances, including labor, overhead, purchase price, and usage
  • Own inventory accuracy and reporting in manufacturing and distribution operations
  • Lead physical and cycle inventory counts across all locations
  • Analyze labor productivity and identify cost improvement opportunities
  • Manage revenue accruals and financial entries for reporting
  • Supervise billing clerks and ensure accurate billing processes

Benefits

  • Health Benefits - medical, dental, vision, and prescription plans
  • Voluntary Benefits - life, accident, critical illness, and other forms of insurance
  • 401(k) plan with company matching contributions and immediate vesting
  • Paid time off, stewardship, and parental leave
  • Tuition reimbursement for job-related courses after six months
  • Health management and wellbeing programs
Full Job Description
Overview

The Lead Cost Accountant is responsible for end-to-end cost accounting, inventory control, and operational financial reporting across multiple business units, with direct support for Performance Parts manufacturing (sheet metal) and distribution (warehouse operations). This role serves as a strategic finance partner to operations, providing insight into cost drivers, labor productivity, and margin performance. The position blends technical cost accounting expertise with ownership of inventory processes, multi-entity P&L consolidation, and leadership of billing and transactional accounting staff.

Responsibilities

Cost Accounting & Analysis
  • Maintain and update standard costs for labor, materials, and overhead within the ERP system (Oracle EBS preferred)
  • Analyze and explain key variances, including labor, overhead, purchase price, and usage
  • Support cost rollups and ensure accuracy of frozen standard costs
  • Provide ongoing analysis of cost drivers and margin performance

Inventory Management & Control
  • Own inventory accuracy, valuation, and reporting across sheet metal manufacturing and parts warehouse operations (including picking and distribution)
  • Lead physical inventory counts and cycle count programs across manufacturing and warehouse locations
  • Investigate and resolve inventory discrepancies in partnership with operations
  • Strengthen inventory controls, processes, and data integrity across both manufacturing and distribution environments

Operations Finance & Margin Support
  • Partner with manufacturing and warehouse operations to analyze labor productivity, picking efficiency, and labor-to-sales ratios
  • Provide visibility into cost drivers across production and distribution workflows
  • Identify opportunities to improve operational efficiency and cost structure
  • Serve as a primary financial liaison between accounting and operations teams

Revenue & P&L Reporting
  • Manage and support revenue accruals and related financial entries
  • Consolidate and report financial results across multiple P&Ls/business units
  • Provide clear, actionable reporting on margins, cost trends, and financial performance
  • Support leadership with insights to drive informed business decisions

Team Leadership & Oversight
  • Supervise billing clerks and transactional accounting staff
  • Ensure accuracy, timeliness, and consistency in billing processes
  • Provide coaching, performance direction, and oversight of daily activities
  • Drive process improvements and strengthen internal controls

Qualifications

  • Bachelor's degree in Accounting, Finance, or related field
  • 5-10+ years of experience in cost accounting, inventory accounting, or operations finance
  • Strong understanding of standard costing, variance analysis, and inventory controls
  • Experience supporting multiple business units or P&Ls
  • Ability to effectively partner with operations and communicate financial information clearly
  • Prior experience leading or supervising staff


Preferred
  • Experience with Oracle EBS or similar ERP system
  • Experience in both manufacturing and distribution environments
  • Exposure to union labor environments and labor cost modeling


Key Competencies
  • Strong analytical and problem-solving skills
  • Ability to translate financial data into operational insights
  • Proactive, ownership-oriented mindset
  • Effective communication with both finance and non-finance stakeholders
  • Leadership and team development capabilities


What Success Looks Like
  • Inventory is accurate, controlled, and consistently well-managed
  • Cost variances are clearly identified, explained, and proactively addressed
  • Operations views finance as a trusted partner in decision-making
  • Billing processes are efficient, accurate, and scalable
  • Leadership receives clear, concise, and actionable financial reporting
  • The role demonstrates strong ownership and continuous improvement


Benefits & Perks - What's In It For You*

Hussmann is committed to supporting your total wellbeing through a wide variety of benefits and wellness programs to support your physical, emotional, financial, social, and environmental health. Here's what you can expect:
  • Health Benefits - Offering medical, dental, vision, prescription plans, plus Health Savings Account and Flexible Spending Account options.
  • Voluntary Benefits - Life, accident, critical illness, disability, legal, identity theft, and pet insurance.
  • Hussmann Retirement Savings & Investment Plan - 401(k) plan with company matching contributions and immediate vesting.
  • Paid Time-Off Benefits - Paid time off, stewardship and parental leave.
  • Educational Assistance - Tuition reimbursement for job-related courses after six months of service.
  • Health Management and Wellbeing Programs -EAP, virtual health management, chronic condition, and tobacco cessation.


*Available to eligible employees starting the first day of the month following their start date. Eligibility for each benefit may vary based on employment status.

Hussmann is a subsidiary of Panasonic USA.

REQ-154984

About Panasonic

Panasonic Corporation is a multinational electronics company based in Osaka, Japan. The company was founded in 1918 as Matsushita Electric Industrial Co., Ltd. and changed its name to Panasonic Corporation in 2008. Panasonic produces a wide range of products, including televisions, home appliances, cameras, audio equipment, and automotive electronics. The company also provides business solutions, such as security systems, communication systems, and energy solutions. Panasonic has operations in over 160 countries and employs over 259,000 people.
Learn more about Panasonic
Size
240,198 employees
Industry
Founded
1979
NASDAQ

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