Sr Cost Accountant
Dover Corporation
At Dover Fueling Solutions (DFS), we are taking fueling and convenience retail to the next level. We are passionate about cultivating excellence in everything we do, but what really fuels us is our people. They're the heart of our company. As an employee, our promise to you is that you'll work on new and innovative products and solutions, be mentored by managers and teammates who are collaborative, caring, and act with integrity, and have the opportunity to grow in ways that are meaningful to you. Unique and interesting projects - both locally and globally - will challenge you and allow you to pursue different and rewarding career paths.
We are #EnergizedByGrowth. DFS is part of a legacy of leadership that spans back generations, made up of some of the most trusted, leading-edge brands in the industry. As part of Dover Corporation and with our talented, innovative, outstanding people, we are doing great things and redefining what is possible in fueling and convenience retail. Providing advanced fuel-dispensing equipment, including clean energy solutions, systems and payment, automatic tank gauging and wet stock-management solutions, DFS comprises the product brands of Wayne Fueling Systems, OPW Fuel Management Systems, ClearView, Tokheim, ProGauge, Fairbanks, LIQAL, AvaLAN, and Bulloch Technologies. Headquartered in Austin, TX, DFS has a significant technology development and manufacturing presence worldwide, including facilities in Brazil, China, India, Italy, Poland, the Netherlands, the United Kingdom and the United States. Key Responsibilities- Cost Accounting and Inventory
- Maintain and monitor product costing, including standard costs, bills of materials, labor, and overhead rates.
- Analyze manufacturing and inventory transactions to ensure accurate cost accounting and inventory valuation.
- Review and reconcile inventory balances, cost layers, reserves, and related general ledger accounts.
- Support periodic cost updates, standard cost rolls, and inventory revaluations.
- Ensure inventory and cost transactions are recorded accurately and in accordance with company policy and accounting standards.
- Support inventory reserve analysis, physical inventory counts, cycle counts, and related inventory controls.
- Variance Analysis and Business Insight
- Prepare and analyze manufacturing variances, including purchase price, labor, overhead, scrap, material usage, and production variances.
- Investigate manufacturing variances and partner with Operations and Supply Chain teams to identify root causes and explain key drivers.
- Analyze manufacturing cost trends and identify unusual results, risks, or opportunities.
- Provide margin analysis, profitability reporting, and cost insights to Finance and Operational leadership.
- Prepare recurring and ad hoc financial reports related to plant performance, inventory, manufacturing costs, and cost of goods sold.
- Clearly communicate financial results and cost drivers to finance and non-finance stakeholders.
- Financial Close, Controls, & Reporting
- Support monthly, quarterly, and annual close processes for inventory and cost accounting.
- Prepare journal entries, accruals, account reconciliations, and supporting schedules related to inventory, cost of goods sold, and manufacturing expenses.
- Ensure timely and accurate completion of close deliverables and supporting documentation.
- Maintain and strengthen controls around inventory movement, cycle counts, physical counts, and financial reporting.
- Support internal and external audit requests tied to inventory and cost accounting.
- Identify accounting, control, or data-quality issues and drive them through resolution.
- Process Improvement & Cross-Functional Support
- Partner with Operations, Procurement, Engineering, and Supply Chain teams to improve the accuracy of costing inputs and reporting.
- Identify and implement opportunities to simplify and standardize costing and inventory processes.
- Support ERP transactions, data validation, system enhancements, and process improvements related to costing and inventory.
- Recommend practical improvements to reduce manual work, improve reporting quality, and enhance data accuracy.
- Bachelor's degree in Accounting, Finance, or related field.
- 6+ years of accounting experience, with relevant experience in cost accounting, inventory accounting, or manufacturing finance.
- Strong knowledge of standard costing, inventory accounting, reconciliations, manufacturing variances, and cost of goods sold.
- Experience with standard cost updates, BOM/routing reviews, inventory reserves, cycle counts, and physical inventory processes.
- Experience within a manufacturing, distribution, or product-based environment preferred.
- Solid understanding of U.S. GAAP, general accounting principles and internal controls.
- Proficiency in ERP systems (Oracle preferred) and Microsoft Excel.
- Strong analytical and problem-solving skills with the ability to identify and explain manufacturing cost drivers.
- Ability to communicate financial information effectively to Operations and other non-Finance stakeholders.
- Ability to work independently, manage recurring deadlines, and prioritize effectively in a fast-paced environment.
- Demonstrated continuous improvement mindset and ability to partner cross-functionally to drive issues to resolution.
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