The Senior Cost Accountant is a key member of Spindrift's finance team, responsible for building and maintaining the cost accounting framework that supports informed decision-making across the business. This role is ideal for a detail-oriented, analytically minded professional who thrives in a fast-moving CPG environment and is passionate about driving financial clarity across manufacturing, supply chain, and operations.
ResponsibilitiesReporting to the Controller, the Senior Cost Accountant's primary responsibilities are:
Cost Accounting & Inventory Management- Own and maintain standard costing for all SKUs, including raw materials, packaging, co-manufacturing, and overhead; update standards on a defined cycle and analyze variances.
- Manage inventory accounting, including periodic physical inventory counts, cycle counts, and reconciliations between the ERP and warehouse management systems.
- Record and analyze cost of goods sold (COGS) on a monthly basis; investigate and explain variances vs. standard and prior periods.
- Maintain accurate bill of materials (BOMs) and routing data in the ERP system in collaboration with Operations and Supply Chain.
- Support month-end close by preparing COGS schedules, inventory roll-forwards, and related journal entries.
Financial Planning & Analysis (Cost-Focused)- Partner with Operations, Supply Chain, and Procurement to develop annual cost budgets and quarterly forecasts.
- Provide variance analysis and actionable insights on manufacturing costs, freight, waste, and yields to support operational efficiency initiatives.
- Model cost impacts of new product launches, packaging changes, sourcing shifts, and contract manufacturing agreements.
- Support the annual operating plan (AOP) process by building detailed cost build-ups by product and channel.
Controls, Documentation & Continuous Improvement- Ensure cost accounting activities comply with GAAP and internal control standards; support audit requests and external audit procedures related to inventory and COGS.
- Partner with the broader accounting team to ensure accurate financial reporting and consistent application of accounting policies.
- Identify and lead opportunities to improve cost accounting processes, reporting tools, and data integrity across systems.
- Document cost accounting policies and procedures to support scalability and cross-functional knowledge sharing.
Requirements- 3+ years of accounting experience, with at least 2 years in cost accounting or manufacturing finance; CPG, food & beverage, or consumer products experience strongly preferred.
- Strong understanding of cost accounting principles, average costing, variance analysis, and inventory valuation (FIFO/weighted average).
- Experience managing month-end close processes and preparing COGS and inventory-related schedules.
- Intermediate to advanced Excel skills (pivot tables, lookups, financial modeling); experience building reports from ERP data.
- Strong analytical, organizational, and communication skills; comfortable presenting financial data to non-finance stakeholders.
- CPA or CMA preferred but not required.
- Bachelor's degree in Accounting required.
Preferred Tools & Experience- Experience with NetSuite or similar ERP/accounting systems (NetSuite strongly preferred).
- Familiarity with co-manufacturing or contract manufacturing environments.
- Prior exposure to trade promotion accounting or deduction management in a CPG environment is a plus.
Working Conditions- Must be able to work from our Newton, MA office at least 4 days a week.
BenefitsThe salary range for this position is $75,000 to $90,000 and is dependent upon the candidate's experience prior to joining Spindrift. In addition, we offer the following compensation and benefits:
- Short-term incentive programs specific to level and department
- Medical, dental, and vision insurance, with a current employer contribution rate of 80% towards monthly premiums, regardless of plan type selected
- Company-paid life insurance, and a 401k retirement savings plan with a company match
- Monthly cell phone allowance
- Annual allowances for personal use of Spindrift product, health and wellness, professional development, and social justice education
- A host of voluntary benefits including but not limited to additional life insurance, short-term disability and long-term disability insurance
- In addition to any paid leave benefits required by regulation, the company provides paid parental leave, vacation, sick, personal, bereavement, community service, and holiday time
