Senior Cost Accountant

Job Description

Job Description

We are looking for a Senior Cost Accountant to support a global manufacturing organization serving the semiconductor and advanced technology sectors in Livermore, California. This Long-term Contract opportunity will contribute to the accuracy of product costing, inventory valuation, and financial reporting within a fast-paced production setting. The role works closely with manufacturing and finance partners to deliver analysis that supports operational decisions and strengthens cost control. Candidates who bring strong cost accounting expertise and a hands-on approach to inventory and variance analysis will be well suited for this position.

Responsibilities:

• Manage standard cost structures for materials, labor, and overhead to keep product costing current and reliable.

• Review inventory balances across raw materials, work in process, and finished goods to maintain accurate valuation and reporting.

• Complete month-end cost accounting activities, including journal entries, reconciliations, and close support.

• Investigate manufacturing, purchase price, and work order variances and communicate key drivers to business partners.

• Collaborate with operations teams to assess production performance, identify cost trends, and support informed decision-making.

• Evaluate excess and obsolete inventory exposure and assist with reserve calculations and related analysis.

• Reassess labor and overhead rates on a regular basis to improve costing accuracy.

• Contribute to budgeting and forecasting for cost of goods sold and manufacturing-related expenses.

• Support physical inventory activities, review inventory control effectiveness, and provide documentation for audits and compliance requirements.

• Prepare recurring financial analyses, including warranty reserve reviews and reporting for monthly and quarterly close packages, while recommending process improvements in cost accounting and inventory controls.

• Demonstrated experience in cost accounting within a manufacturing environment.
• Strong knowledge of standard costing principles, inventory valuation, and cost analysis.
• Background supporting month-end close, account reconciliations, and cost-related journal entries.
• Ability to analyze production variances, purchase price changes, and operational cost drivers.
• Experience partnering with manufacturing or operations teams to explain financial results and trends.
• Proficiency with Oracle and related financial or ERP reporting tools.
• Strong attention to detail with the ability to manage multiple priorities in a high-volume setting.