POSITION: Senior Cost Accountant
FULL-TIME/PART-TIME: Full Time
LOCATION: Remote - East Coast Preferred
GENERAL SUMMARYThe Cost Accountant is responsible for supporting the Company's accounting and financial reporting processes, with a strong focus on inventory, cost accounting, manufacturing accounting, month-end close, and balance sheet reconciliations. This role partners cross-functionally with operations, supply chain, and finance teams to ensure accurate inventory valuation, standard costing, financial reporting, and compliance with internal controls and accounting policies.
The position also supports general ledger accounting activities, cash management activities, fixed assets accounting and maintenance, variance analysis, and continuous process improvement initiatives designed to strengthen the accuracy and efficiency of the close process.
QUALIFICATIONS- Bachelor's degree in Accounting or Finance required.
- 5-7 years of accounting experience required; manufacturing or cost accounting experience required.
- Strong understanding of inventory accounting, standard costing, and general ledger accounting.
- Experience supporting month-end close and preparing balance sheet reconciliations.
- Knowledge of U.S. GAAP and internal controls.
- Experience working in ERP systems such as NetSuite, SAP, Microsoft Dynamics, or similar platforms preferred.
- Advanced Microsoft Excel skills required.
Preferred Education- Bachelor's degree in Accounting or Finance required.
Preferred Experience- Manufacturing, medical device, distribution, or inventory-intensive industry experience preferred.
- Experience with standard cost environments and inventory reserve analysis.
- Experience supporting external audits and internal control environments preferred.
Physical Demands- Requires normal visual acuity and hearing.
- Typically, employees sit comfortably to do their work, interspersed by brief periods of standing, walking, bending, carrying papers and books, and extensive periods requiring the use of computer terminals to accomplish work objectives.
- Required to sit and use their hands and fingers to handle or feel and manipulate keys on a keyboard.
- Additional skills may be required to perform additional task(s) specific to work location, department or line of business.
Working Conditions- Predominantly operates in an office environment. Some work (less than 5%) requires moving and lifting of heavy networking equipment.
DUTIES AND ESSENTIAL FUNCTIONSCost Accounting & Inventory Management- Maintain and analyze standard costing for manufactured products, including labor, overhead, and material components.
- Review and analyze inventory transactions, inventory reserves, excess and obsolete inventory, and inventory valuation.
- Monitor and analyze manufacturing variances, including purchase price variance, labor variance, overhead absorption, scrap, and production yield variances.
- Support annual standard cost updates and periodic cost roll processes.
- Reconcile inventory subledgers to the general ledger and investigate discrepancies.
- Assist with physical inventory counts, cycle counts, and inventory audit procedures.
Month-End Close & General Ledger Accounting- Prepare and post monthly journal entries related to inventory, accruals, reserves, prepaid expenses, fixed assets, and other general ledger accounts.
- Support the monthly, quarterly, and annual financial close process, ensuring deadlines are met accurately and timely.
- Perform detailed balance sheet reconciliations and account analyses, including investigation and resolution of reconciling items.
- Maintain supporting schedules and documentation for audit and financial reporting purposes.
- Ensure compliance with U.S. GAAP, company accounting policies, and internal control requirements.
Treasury & Fixed Assets Activities- Perform treasury-related activities including vendor payment submission and bank reconciliation.
- Assist with cash forecasting and support other treasury related activities.
- Manage fixed asset accounting and maintenance of accurate fixed asset records and supporting schedules.
Financial Analysis & Reporting- Prepare monthly operational and financial analyses related to manufacturing and inventory activity.
- Assist with external audit requests and provide supporting documentation for audit testing.
- Identify opportunities for process improvements and automation within accounting and operational workflows.
Cross-Functional Collaboration- Partner with operations, supply chain, procurement, and warehouse teams to improve inventory accuracy and financial reporting processes.
- Work closely with ERP system users to ensure integrity of inventory and costing data.
- Assist with ERP implementations, integrations, and process improvement initiatives related to manufacturing and inventory accounting.
Pay Range: $95,000 - $105,000 per year
