Cost Accountant

divh2Cost Accountant/h2pAt IMI, were not just creating solutions; were building careers. So, unlock your potential: do work that matters, grow with us, and be part of a team shaping tomorrow./ppHere, you can make a real difference solving complex engineering challenges that make industries smarter, safer and more sustainable. From the energy that powers homes to the systems that keep the world moving, youll help create solutions the world depends on. But its not just about the work its about how you grow. We encourage curiosity, make learning part of everyday life, and give you real opportunities to build new skills and move your career forward.We believe in nurturing your wellbeing, too, with strong benefits and flexible policies that help you succeed. At IMI, youll find a supportive, collaborative and inclusive environment where you can truly thrive./ph3Role Overview:/h3pThe Cost Accountant serves as a strategic finance partner to Operations, Supply Chain, and Commercial teams, delivering accurate, data-driven manufacturing cost insights to support tactical and long-term decision-making. This role owns cost integrity and forecast accuracy for the Farmington, CT manufacturing facility and is responsible for translating complex operational and financial data into actionable recommendations that drive profitability, efficiency, and performance improvement./ppThe ideal candidate is highly analytical, detail-oriented, and capable of leveraging financial and operational data to identify trends, quantify risks, model scenarios, and influence cross-functional decision-making./ppstrongWork Environment: /strongOnsite M-F with Remote Flexibility/ph3Key Responsibilities:/h3ulliProduct Costing: Maintain accurate product costs by reviewing and updating BOMs, labor standards, and overhead rates; investigate discrepancies and ensure data integrity/liliCost Roll ERP Management: Lead the annual cost roll and process ongoing cost updates in the ERP system, assessing impact on inventory and financial results/liliForecasting Modeling: Build and maintain plant-level forecasts; analyze trends and run scenarios (volume, mix, cost changes) to support planning decisions/liliVariance Analysis: Perform monthly reviews of standard vs. actual results; identify root causes and communicate actionable insights to improve margins/liliMaterial Cost Management: Monitor material cost changes and purchase price variance; partner with Supply Chain to understand drivers and identify mitigation opportunities/liliInventory Oversight: Support physical inventory counts, cycle count improvements, and manage excess obsolete reserves to ensure accurate reporting/liliOperational Support: Work with Operations to analyze scrap, yield, and efficiency data; evaluate cost savings from process improvements and capital investments/liliReporting Collaboration: Prepare regular and ad hoc reports highlighting key cost drivers; partner cross-functionally to translate data into business insights/li/ulh3Competencies for Success/h3ulliBachelors degree in accounting, Finance, or related field required./lili5+ years of experience in cost accounting or manufacturing finance (public accounting a plus)/liliStrong analytical skills with experience in costing, variance analysis, and financial modeling/liliFamiliarity with ERP systems (JD Edwards a plus) and advanced Excel skills/liliCMA preferred but not required/li/ulpstrongPay range/strong: $100k - $110k/ppWithin this range, individual pay is determined based on skills, experience, and qualifications relative to the job requirements. Base pay information is aligned with market location and may be subject to prevailing wage laws, if applicable./ppstrongWhat IMI Can Offer You/strong/ppAt IMI, one of our top priorities is to create an inclusive culture of health. We strive to remove barriers to care (whether that be physical or financial) and in doing so, we offer choice for all your health and wellbeing needs./ppSee below for a general overview of our amazing perks and benefits:/pulliMultiple health plans to choose from: HMO, PPO, and High Deductible Health Plans with a low-cost share/liliBest-in-class 401K plan with zero vesting and up to 6% contribution matching/lili14-week maternity leave at full pay (Adoption benefits are equivalent)/lili4-week paternity leave at full pay (Adoption benefits are equivalent)/liliEmployee Resource Groups that offer community and support, like our Pride Network and Network of Women groups/liliPTO, encompassing inclusive holidays/liliCareer Development opportunities (IMIs Catalyst Program)/liliEmployer contribution for Health Savings Account, and in many cases free virtual telemedicine, and teletherapy./liliMental Health and wellness programs to support you and your family/liliFull suite of voluntary benefits to tap into, including but not limited to: Critical illness insurance, hospital indemnity, legal insurance, identity theft protection, and pet insurance or home auto insurance through our discount advantage platform/liliShort long-term disability as well as basic life insurance at 2x your basic salary at no cost to the employee/liliFree financial advisors, webinars, and classes through Charles Schwab/liliAnnual Employee Stock Purchase Plan with option to purchase IMI shares at a reduced employee only price - no opportunity to lose, only to profit or refund your investment 100%/li/ulp**Benefits plans change year over year, but we have guiding principles in place to ensure our employees have the tools and resources available to stay connected and up to date**/ppstrongHealth Safety/strong/ppThe physical demands described within the Key Duties Responsibilities section of this job description are required to perform the essential functions of this position. Reasonable accommodations may be made for individuals with disabilities. Please contact your local HR representative to discuss the specific Work Conditions and Physical Requirements of this role. /ppHealth, Safety, and Environmental Duties At IMI we are all personally committed to protecting our people, minimizing our impact to the environment, the communities we operate in and our company. All members of our workforce have the duty to ensure the health, safety and welfare of themselves, others, and the environment. Every employee is expected to follow all HSE operating procedures, also to challenge any observed behaviors or unsafe acts./ppCode of Ethics/ppIMI requires the highest standard of ethics in all business dealings, particularly with customers, suppliers, advisors, employees, and the authorities. In accordance with the IMI Way: Our Code of Responsible Business./ppChanges to This Job Description/ppIMI may amend this job description in whole or part at any time./ppBy submitting your application, you consent to the processing of your personal data in line with IMIs policies. For information about how IMI processes candidates data, please see the Candidate Privacy Notice at available in multiple local languages./ppIMI is an equal opportunity employer. Qualified applicants will be considered without regard to age, race, creed, color, national origin, ancestry, marital status, affectional or sexual orientation, gender identity or expression, disability, nationality, sex, or veteran status./p/div