Acuity Brands, Inc

Senior Cost Accountant

Acuity Brands, Inc$80K — $115K *
Manufacturing & Automotive
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance, or related field.
  • 3+ years of cost accounting experience, particularly in manufacturing.
  • Understanding of US GAAP inventory accounting concepts and standard costing.
  • Experience with Oracle ERP or large ERP systems preferred.
  • Advanced skills in Excel and databases; familiarity with reporting tools like Power BI is a plus.
  • Strong communication skills for clear articulation of accounting issues to diverse stakeholders.
  • CPA, CMA, or MBA is preferred.

Responsibilities

  • Own inventory accounting activities including valuation and month-end journal entries.
  • Analyze and prepare inventory reconciliations for accuracy and compliance with US GAAP.
  • Investigate and resolve costing issues related to inventory materials and variances.
  • Update standard costs and inventory cost components in ERP systems.
  • Assist with annual cost updates and analyze financial impacts of cost changes.
  • Collaborate with cross-functional teams to enhance inventory and cost accounting processes.
  • Support physical inventory counts and related audit documentation.

Benefits

  • Health care coverage.
  • Dental insurance.
  • Vision plans.
  • 401K benefits.
  • Commissions/incentive compensation depending on role.
Full Job Description
Work location:
  • This position may be based anywhere in the United States and includes travel as part of the responsibilities.


Job Summary

We are seeking a Senior Cost Accountant to support and strengthen inventory and manufacturing cost accounting processes in a dynamic, fast-paced environment. This role will be responsible for key month-end close activities, inventory valuation, standard cost maintenance, variance analysis, account reconciliations, journal entries, audit support, and process improvement initiatives. The Senior Cost Accountant will partner closely with Operations, Supply Chain, Finance, and Tech teams to resolve costing issues, improve financial accuracy, and provide meaningful analysis that supports business decisions.

This position can be based anywhere in the United States, with a preference for candidates located in or near the Atlanta, GA area.

Key Tasks & Responsibilities (Essential Functions)

  • Own key inventory accounting activities, including inventory valuation, standard cost maintenance, intercompany inventory transaction balancing, and related month-end close journal entries.
  • Prepare, and analyze inventory and cost accounting reconciliations to ensure accuracy, completeness, and compliance with US GAAP.
  • Research and resolve inventory costing issues, including uncosted materials, cost variances, transaction discrepancies, and differences between operational activity and accounting records.
  • Maintain and update standard costs, freight, duty, tariff, and other inventory cost components in Oracle or related ERP systems.
  • Support annual standard cost updates and provide analysis of the financial impact of cost changes
  • Partner with Operations, Supply Chain, Finance, and Tech to investigate root causes, resolve inventory and costing issues, and strengthen related processes and controls.
  • Support physical inventory counts and related documentation.
  • Support audit requests and SOX Controls
  • Develop and monitor operational and accounting KPIs to identify opportunities to improve accuracy, timeliness, and efficiency across cost accounting processes.
  • Lead or contribute to process improvement initiatives, system enhancements, reporting automation, and cross-functional projects impacting inventory and cost accounting.


Skills and Minimum Experience Required

  • Bachelor's degree in Accounting, Finance, or a related field.
  • 3+ years of cost accounting experience, including experience inventory accounting in a manufacturing environment
  • Working knowledge of US GAAP inventory accounting concepts and standard costing
  • Experience with Oracle ERP or another large ERP system strongly preferred.
  • Advanced Excel and database skills; experience with Power BI, Onestream or other reporting and automation tools is a plus.
  • Strong communication skills with the ability to explain accounting issues clearly to finance and non-finance stakeholders.
  • CPA, CMA, or MBA preferred.
  • Ability to travel approximately 10% for physical inventory counts and business.

The range for this position is 80,000.00 to 115,000.00. Placement within this range may vary, depending on the applicant's experience and geographic location. Acuity offers generous benefits including health care, dental coverage, vision plans, 401K benefits, and commissions/incentive compensation depending on the role. For a list of our benefits, click here.

About Acuity Brands, Inc

Acuity Brands, Inc. is a lighting and building management firm headquartered in Atlanta, Georgia, United States, with operations throughout North America and in Europe and Asia. It currently has about 12,000 employees and recorded net sales of $3.5 billion for fiscal year 2020. The company designs, produces, and distributes lighting fixtures, controls, and related products and services for commercial, institutional, industrial, infrastructure, and residential applications. Its lighting and building management solutions are marketed under various brands, including Lithonia Lighting, Holophane, Aculux, American Electric Lighting, and others. Acuity Brands is committed to sustainability and energy efficiency, and offers a range of products that meet or exceed industry standards for energy efficiency and environmental performance.
Learn more about Acuity Brands, Inc
Size
13,000 employees
Market Cap
$5.3 billion
Industry
Net Income
$250.9 million
Founded
1898
5 Year Trend
+2.7%
Revenue
$3.2 billion
NASDAQ

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