Cost Accountant (Food Industry)
StaffEagle LLC
Cost Accountant - Food Manufacturing
Locations: Madison, WI
Work Arrangement: On-site
Employment Type: Full-Time | Direct Hire
Position Overview
This role will focus on cost accounting, inventory valuation, financial reporting, budgeting, forecasting, and variance analysis while partnering closely with plant leadership and operations teams to identify opportunities for improved efficiency and cost control.
Key ResponsibilitiesCost Accounting & Analysis
- Develop and analyze standard costs for:
- Raw materials
- Direct labor
- Packaging
- Manufacturing overhead
- Monitor manufacturing costs and identify cost trends and opportunities for improvement.
- Analyze product costs and margins to support business decisions.
Inventory & Financial Reporting
- Support inventory valuation and reconciliation.
- Prepare monthly cost, margin, and operational reports.
- Analyze inventory and manufacturing variances.
- Assist with month-end closing activities related to cost accounting.
Operations Partnership
- Partner with Plant Directors and local operations teams to improve efficiency and control manufacturing costs.
- Provide financial insights to support operational and production decisions.
- Identify cost-saving opportunities and track their financial impact.
Budgeting & Forecasting
- Assist with annual budgeting and financial forecasting.
- Prepare and analyze budget-versus-actual results.
- Investigate significant variances and communicate findings to management.
Requirements
- Bachelor’s degree in Accounting, Finance, or a related field.
- 5+ years of cost accounting experience , preferably within food manufacturing or a similar manufacturing environment .
- Strong understanding of:
- Cost accounting
- Standard costing
- Inventory accounting
- Manufacturing variances
- Budgeting and forecasting
- Financial reporting
- Strong proficiency in Microsoft Excel .
- Experience working with ERP systems .
- Strong analytical, problem-solving, and communication skills.
- Ability to work effectively with both finance and manufacturing/operations teams.
Vacancy posted 13 days ago
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