Role Summary:Lead product costing, inventory valuation, and variance analysis to drive operational profitability. Partner with operations, supply chain, and engineering to identify cost savings and improve standard costing accuracy.
Key Responsibilities:• Costing: Maintain and update standard costs (raw materials, labor, overhead); lead annual standard cost roll; analyze BOMs and routings for accuracy.
• Variance Analysis: Investigate purchase price, usage, labor efficiency, and volume variances; report root causes and recommend corrective actions.
• Inventory Accounting: Oversee cycle count program, coordinate physical inventory, reconcile GL to sub-ledger, and manage reserve analysis (excess/obsolete).
• Margin & Reporting: Prepare product-line, customer, and channel profitability analysis; support gross margin reviews with sales and ops.
• Close Process: Lead cost-related month-end tasks (journal entries, accruals, reconciliations) and management reporting packages.
• Operations Support: Partner with engineering on new product costing; assist with make-or-buy, capex justification, and lean manufacturing initiatives.
• Process Improvement: Implement best practices in cost allocation (e.g., ABC, departmental overhead) and ERP system Implementation.
Qualifications:• Education: Bachelor's in Accounting/Finance (CMA, CPA or progress toward a plus).
• Experience: 4-7 years of cost accounting in manufacturing (standard costing required; experience with job order or process costing a plus).
• Technical Skills: Advanced Excel (pivot tables, VLOOKUP, macros). ERP experience required-SAP, Great Plains.
• Soft Skills: Strong analytical, cross-functional communication, and problem-solving. Ability to explain variances to non-finance stakeholders.
Preferred:• Experience with lean manufacturing, inventory management (FIFO, LIFO, weighted average), and cost reduction projects.
• Knowledge of GAAP specifically related to inventory (ASC 330) and cost of sales.
Compensation & KPIs for hiring
• Key performance metrics: Inventory accuracy (≥95%); cycle count completion rate; days inventory outstanding (DIO); direct labor efficiency variance.
Benefits:- 401(k) 3% Match
- 401(k) matching
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Retirement plan
- Vision insurance