Cost Accounting Manager
$112.34k - $150kHubbell
Company: Hubbell Incorporated
Job Overview
The Cost Accounting Manager is a key finance leader for the Electrical Products division of Hubbell. This role is responsible for all aspects of cost accounting and plant financial support, including the development and maintenance of standard costs, month-end close, variance analysis, and execution of the annual cost roll. The Cost Accounting Manager will work closely with operations, engineering, and corporate finance to drive financial transparency, support strategic decision-making, and strengthen internal controls.
- Maintain and ensure the accuracy of standard costs, including BOMs, routings, labor, and overhead rates across diverse manufacturing processes.
- Lead the planning and execution of the annual standard cost roll in SAP, ensuring accuracy and alignment
with operational changes. - Manage month-end close activities, including journal entries, inventory valuation, cost variance analysis, and balance sheet account reconciliations.
- Partner with operations to classify and analyze production costs, identify cost drivers, and support continuous improvement initiatives.
- Identify and address root causes of process or control failures, implementing corrective actions to enhance financial accuracy, compliance, and operational discipline.
- Provide financial guidance and support for major capital projects (AFEs), including tracking, reporting, and post-investment reviews.
- Support the preparation of annual budgets, monthly forecasts, and quarterly pro forma reporting for plant operations.
- Lead and execute the annual physical inventory and manage the ongoing cycle counting program.
- Lead the quarterly Excess & Obsolete (E&O) inventory review process, including validation of the master reporting file, preparation of business unit-specific analyses, and consolidation of results to support accurate reserve calculations and financial reporting.
- Ensure compliance with internal control policies, US GAAP, and Sarbanes-Oxley requirements, while identifying opportunities to strengthen financial processes.
- Present financial insights and operational performance analysis to plant leadership and corporate stakeholders.
What will help you thrive in this role?
- Bachelor's degree in accounting or finance (Master's or MBA a plus)
- CPA or CMA certification a strong plus
- 5 plus years of manufacturing cost accounting experience multi-product line experience a plus
- Strong working knowledge of SAP, especially related to standard costing, inventory, fixed asset, and cost center accounting
- Deep understanding of US GAAP, inventory valuation methodologies, and internal control frameworks (SOX)
- Advanced proficiency in Microsoft Excel (VLOOKUP, SUMIFS, PivotTables); experience with OneStream a plus
- Proven ability to work independently in a fast-paced, evolving manufacturing environment
- Strong analytical, organizational, and interpersonal communication skills with the ability to convey financial information to non-financial stakeholders
- Demonstrated leadership and initiative with a continuous improvement mindset
- Ability to travel up to 25%.
The anticipated salary range for this position is $112,336 - $150,000. Final pay will be determined based on the selected candidate's experience, skills, qualifications and work location and may vary accordingly.
Hubbell offers a competitive benefits package that includes:
- medical, dental, life and disability insurance, and supplemental benefits.
- 401(k) Retirement Plan with company provided 4% automatic contribution and a Company match of 50% on employee contributions up to 6%.
- 11 employer-paid holidays, flexible vacation, 40 hours sick time, and 8 paid volunteer hours.
Hubbell Incorporated
Hubbell creates critical infrastructure solutions that power our customers, communities, people and the planet. Our company is strategically aligned around enabling grid modernization and electrification. As more products plug in to an aging grid, Hubbell solutions enable the transition to a more reliable, resilient and efficient energy infrastructure. Founded in 1888 our innovation has made us a leading global manufacturer of high quality electrical and utility solutions enabling customers to operate critical infrastructure reliably and efficiently.
The company operates in two segments. Hubbell Utility Solutions (HUS) enable the grid to conduct, communicate and control energy across utility applications and Hubbell Electrical Solutions (HES) are essential to managing power across a wide range of industries and applications. Our vertical market solutions can be applied to markets including Data Centers, Renewables, Commercial Buildings, Industrial, Telecom and Transportation. Supporting both of our business segments is our corporate and Hubbell Unified Business Solutions teams that provide consistent process, tools technologies across our businesses.
We are committed to operating sustainably and ethically while promoting an inclusive and supportive culture for our people to grow and develop in their careers. Our employees proudly work and serve our communities from our headquarters in Shelton, CT, across the United States and around the globe.
Hubbell Electrical Solutions
Hubbell Electrical Solutions (HES) are essential to managing power across a wide range of industries and applications. HES provides the critical components that allow operators of buildings, factories and other industrial infrastructure to connect, protect, wire and manage power.
Hubbell Incorporated, its subsidiaries and affiliates, is an EO Employer AA: M/F/Veteran/Disability. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected veteran status, sexual orientation, gender identity or any other protected class.
The above summary of position responsibilities and requirements is not intended, and should not be construed, to be an exhaustive list of duties, skills, efforts, physical requirements, or working conditions associated with the position. It is intended to be an accurate reflection of those principal position elements essential for making decisions related to position performance, employee development, and compensation.
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