Cost Accountant

Cost Accountant

For the past 80+ years, M&D has led the aftermarket in remanufacturing innovation to address technological advancements and changing customer needs. In the past few decades, we have expanded beyond our remanufacturing roots to develop close (and sometimes exclusive) partnerships with the world's leading OEMs and manufacturers.

Those partnerships with key suppliers like Bosch, Garrett, Federal Mogul, Cummins, Stanadyne, Holset, BorgWarner, Delphi, Yanmar, Mitsubishi, Denso and others have been critical in honing our remanufacturing capabilities and expanding our parts offering to include new, no core options in fuel injectors and fuel pumps, diesel engine cylinder heads, blocks, crankshafts and connecting rods. M&D also stocks a complete assortment of turbos (new and remanufactured), inframe overhaul kits, filtration and aftertreatment parts including DPFs, DOCs, EGRs, sensors and other engine parts.

Our strong remanufacturing roots combined with our 41+ branch locations, a nationwide outside sales team of 25 and our close OEM & Manufacturer partnerships make us unique in the industry – no one understands diesel engine failure analysis and parts better than M&D. WE FUEL UPTIME.

Position Summary

The Cost Accountant is responsible for analyzing, monitoring, and reporting on costs related to inventory, manufacturing, operations, and overall business performance. This role partners closely with Finance, Operations, Supply Chain, and other business leaders to ensure accurate product costing, inventory valuation, margin analysis, and financial reporting. The Cost Accountant identifies cost-saving opportunities, supports budgeting and forecasting processes, and provides financial insights that drive informed business decisions.

Essential Duties and Responsibilities

• Maintain and analyze standard costs for products, materials, labor, and overhead.
• Perform inventory accounting, including reconciliations, cycle count reviews, physical inventory support, and inventory reserve analysis.
• Analyze manufacturing and operational variances and provide explanations to management.
• Monitor inventory transactions to ensure accuracy and compliance with accounting policies.
• Assist in the monthly, quarterly, and annual financial close process, including journal entries, account reconciliations, and reporting.
• Prepare and distribute cost and profitability reports for management review.
• Analyze product margins, pricing, and operational performance to identify trends and opportunities.
• Support budgeting, forecasting, and strategic planning activities related to manufacturing and operational costs.
• Review bills of materials (BOMs), routings, and production data to ensure accurate product costing.
• Collaborate with Operations, Purchasing, and Supply Chain teams to improve cost controls and operational efficiencies.
• Assist with internal and external audits by providing supporting documentation and analysis.
• Ensure compliance with Generally Accepted Accounting Principles (GAAP), company policies, and internal controls.
• Participate in process improvement initiatives and system implementations related to accounting, inventory, and cost management.
• Develop ad hoc financial analyses and reports as requested by management.
• Perform other duties as assigned by supervisor.

Minimum Qualifications:

• Bachelor's degree in Accounting, Finance, or related field required.
• Minimum of 3-5 years of accounting experience, preferably in cost accounting, manufacturing, distribution, or industrial environments.
• Experience with ERP systems and inventory management processes required.
• Certified Public Accountant (CPA), Certified Management Accountant (CMA), or progress toward certification preferred.
• Strong understanding of cost accounting principles, inventory accounting, and financial reporting.
• Knowledge of standard costing, variance analysis, and inventory valuation methods.
• Advanced Microsoft Excel skills, including pivot tables, lookups, and financial modeling.
• Experience working with ERP systems and financial reporting tools.
• Strong analytical, problem-solving, and organizational skills.
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• Excellent communication skills with the ability to present financial information to non-financial audiences.
• High level of accuracy, attention to detail, and professional judgment.
• Ability to work independently and collaboratively across departments.
• Successful completion of pre-employment background and drug screening.
• Fosters good coworker citizenship and contributes to a positive work environment.

Physical Demands and Work Environment

• Prolonged periods sitting at desk and working on a computer
• Ability to lift, move, and carry objects to 15 lbs.
• Ability to travel occasionally to company facilities as needed.
• Primarily office environment with occasional visits to warehouse, manufacturing, or operational facilities.
• May require extended hours during month-end, year-end, budgeting, audit, or inventory count activities.

Note

The statements contained herein are intended to describe the general nature and level of work being performed by employees assigned to this position. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required. Management reserves the right to modify, add, or remove duties and assign other responsibilities as business needs require.

M&D provides equal employment opportunity to all qualified applicants and employees without regard to race, color, sex, religion, national origin, age, sexual orientation, gender identity, marital status, familial status, disability, military status, and genetic information.