Cost Accounting Specialist, Production & Inventory

Job Description

Job Description

What if your analyses could move an entire production line?

If you’re energized by turning complex shop-floor activity into crisp financial insights, this role is for you. As a Cost Accounting Specialist focused on production and inventory, you’ll connect the dots between ERP data, operational drivers, and financial results—so leaders can make better, faster decisions.

• Cost Accounting & Inventory Control
  • Develop and maintain standard costs for raw materials, labor, and overhead.
  • Perform variance analysis (material, labor, overhead) and explain fluctuations to operations.
  • Monitor receipts, transfers, and adjustments; reconcile the inventory subledger to the general ledger.
  • Support cycle counts and physical inventory activities.
• Close & Reporting
  • Prepare journal entries, account reconciliations, and supporting schedules.
  • Assist with month-end, quarter-end, and year-end close.
  • Support preparation of financial statements and management reporting.
• Planning & Decision Support
  • Assist in building annual budgets and forecasts.
  • Track performance against plan and highlight emerging trends.
  • Provide financial analysis that guides operational decision-making.
• Systems & Internal Controls
  • Maintain cost data within ERP platforms (IQMS, SAP, Oracle, or similar).
  • Ensure internal controls over financial reporting and inventory are effective.
• Business Partnership
  • Collaborate with production, supply chain, and operations to validate and improve cost data.
  • Champion process improvements that enhance accuracy and efficiency.
  • Translate financial insights for non-finance audiences.

• Bachelor’s degree in Accounting, Finance, or related field.
• 2–5 years of accounting experience; manufacturing environment preferred.
• Strong background in cost or inventory accounting strongly preferred.
• Excel expertise (pivot tables, lookups, data analysis) and solid GAAP knowledge.
• Comfort with ERP systems such as IQMS, SAP, Oracle, or comparable tools.
• Sharp analytical skills, meticulous attention to detail, and ability to work independently under deadlines.
• Clear, collaborative communication style.

• CPA or progress toward certification.
• Hands-on experience with standard costing and variance analysis.
• Familiarity with lean manufacturing or continuous improvement methodologies.

• Mainly office-based with regular engagement on the production floor.
• Extended hours may be needed at month-end close or during audits.

• On-time, accurate financial reporting.
• Actionable cost and variance analysis.
• Reliable inventory reconciliation and accuracy.
• Meaningful process improvements and cost savings delivered.

• Generally Accepted Accounting Principles (GAAP)
• Cost Accounting
• Bank Reconciliation