Sr. Cost Accountant
Regal Ware
Sr. Cost Accountant
As a member of the Regal Holdings family, the West Bend Company brings over 100 years of experience to its clients providing high quality cookware products that meet and exceed expectations. We are experts in drawing and finishing high performance stainless steel. We believe the kitchen (and the family table) make up the hub of the home, where everyone belongs.
We are all working together to:
- Be first in mind, first in choice for US manufactured cookware
- Positively impact the lives of over 1,000,000+ people each year with our innovative and entrepreneurial mindset
- Create an environment where all employees can do their best work
You will love it here if you believe in the following:
- Everybody matters
- Do the right thing
- We are in this together
- Passion for our customers
- Service Built
- Involved Solutions Provider
If this sounds like the company for you, your seat at our West Bend Company family table awaits.
Your seat at the table:
Standard Costing & Product Cost Management
- Maintain and update the standard cost system, including material, labor, and overhead allocation methodologies
- Perform cost roll-ups, bill of materials (BOM) reviews, and routing analysis to ensure accurate product costing
- Develop and maintain costing for new products, product changes, and engineering revisions
- Review and update standard costs, labor rates, and overhead rates annually and as operational changes occur
Inventory Valuation & Control
- Oversee inventory valuation, reserves, and reconciliation between the general ledger and subledger
- Support cycle counts, physical inventory events, and inventory accuracy initiatives
- Investigate and resolve inventory discrepancies in partnership with operations and supply chain
- Monitor excess, obsolete, and slow-moving inventory and recommend appropriate reserves
Variance & Margin Analysis
- Analyze manufacturing variances including purchase price, labor, overhead, and production variances
- Investigate root causes of unfavorable variances and partner with operations on corrective actions
- Track and report gross margin performance by product line, SKU, and customer
- Identify trends and provide actionable insights to improve profitability
Month-End Close & Financial Reporting
- Prepare journal entries, accruals, and account reconciliations related to inventory, COGS, and manufacturing costs
- Ensure timely and accurate close in accordance with the corporate close calendar
- Prepare cost and inventory schedules to support internal reporting and external audit requirements
- Maintain documentation supporting internal controls
Business Partnership & Decision Support
- Collaborate with operations, supply chain, engineering, and plant leadership on cost-saving initiatives
- Provide financial analysis to support make-vs-buy, sourcing, and pricing decisions
- Support capital expenditure justification, tracking, and post-implementation review
- Assist with annual budgeting, forecasting, and the annual standard cost roll
Continuous Improvement
- Identify and implement process improvements within the cost accounting function
- Promote a culture of accuracy, accountability, and continuous improvement across finance and operations
- Share cost accounting expertise across the finance team to strengthen overall capability
This seat reports to: Divisional Controller
Our company believes leaders are critical to the success of each individual. Because of this, you will have a leader who:
- Works with a sense of urgency and aligned purpose
- Has a passion for our customers and a focus on end consumers
- Is a servant leader who is collaborative and approachable
- Has strong ethics and integrity
- Is courageous and inspirational
There are so many benefits to being a part of the West Bend Company & Regal Holdings Team! Our benefits package is built with you and your family in mind – and that starts with the things that are most important to you – your health, your lifestyle, and your future.
*The West Bend Company is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status.
Requirements
We need this seat to have:
- 5+ years of progressive accounting experience, with significant time in a manufacturing or cost accounting environment
- Bachelor's degree in Accounting, Finance, or a related field required; CPA or CMA a plus
- Strong working knowledge of standard costing, variance analysis, and inventory accounting in a manufacturing setting
- Experience with IFS or a comparable ERP system, with strong understanding of integration between production and accounting
- Advanced Excel skills; experience with reporting tools (Power BI, Tableau, or similar) preferred
- Solid understanding of US GAAP and internal control principles
- Strong analytical, problem-solving, and root-cause-analysis skills
- Excellent communication skills with the ability to translate financial data for non-finance partners
- Experience in a Lean or Six Sigma environment is a plus
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