Cost Accounting Manager
Confidential
Cost Accounting Manager The Cost Accounting Manager is responsible for managing the Cost Accounting team and function. This position will ensure accurate costing of all product, develop meaningful and actionable analysis for use by operations and leadership, drive improvements to the cost accounting, inventory management and reporting functions, efficiently and accurately close accounting periods through gross margin and develop strong relationships with operations, supply chain and manufacturing. About the Role The Cost Accounting Manager is responsible for managing the Cost Accounting team and function. Responsibilities Standard Costing – Manage the standard cost process, set and analyze labor and OH rates to ensure correct application. Develop a process to identify and analyze variances from standards and root cause. KPI Reporting – Work with Operations Leadership to determine relevant and impactful KPIs, develop efficient reporting that is easily interpreted and actionable. Labor Variance – Develop process to calculate, analyze and report on labor variances and root cause. Work with Operations team to minimize. Inventory Reporting & Reconciliation – Develop process to break down components of material movement and inventory transactions and identify variances from standard and root causes, including a process to reconcile inventory and material cost on a regular and timely basis. System Utilization – Analyze ERP system capabilities and recommend improvements to data accuracy and timeliness of availability. COGS – Develop process to calculate and report COGS components on an interim basis throughout the month, identifying variances from standards and root cause. E&O Inventory – Own the E&O process and calculation. Team Management – Direct and mentor the Cost Accounting Team. Monthly Close – Own the monthly close process through Gross Margin, ensure that close is performed accurately and timely and that all components of COGS are analyzed and communicated. Leadership Reporting – Communicate financial results through Gross Margin, breaking down variances to root cause, business impact and future implications. Proactively identify financial concerns and propose mitigations. Cross-Functional Projects – Serve as Finance Lead on cross-functional projects as needed. Qualifications 7+ years of accounting or finance experience in a manufacturing environment, including cost accounting. Bachelor’s degree in accounting, finance or related field. MBA/CPA/CMA preferred. Experience in standard costing, variance analysis and inventory management. Required Skills Analytical and detailed oriented Advanced Excel and Data Analytics skills Efficient and well-organized with the ability to prioritize Confidentiality and integrity Professional communication skills, both written and verbal Motivated with a desire to learn Preferred Skills Experience in standard costing, variance analysis and inventory management. Equal Opportunity Statement We are committed to diversity and inclusivity. #J-18808-Ljbffr Confidential
$89.44k - $91.45k
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