Inventory Cost Accountant
CCL Industries
Inventory Cost Accountant
The Inventory Cost Accountant will be responsible for managing, analyzing, and reconciling company inventory and manufacturing costs to ensure accurate financial reporting and valuation of inventory. This role ensures the integrity of inventory data within the ERP system, conducts variance analysis, manages month-end close procedures for inventory, and collaborates with warehouse and production teams to optimize inventory controls and cost efficiency. Additionally, this role will assist the Controller with various month end accounting tasks.
Inventory Control & Reconciliation: Perform monthly reconciliations between the sub-ledger inventory balances and the general ledger. Investigate and resolve inventory discrepancies.
Cost Assignment: Assigning costs to products, including direct costs and indirect costs
Cost Analysis: Maintain and update standard costs for raw materials, work-in-progress (WIP), and finished goods. Analyze and report on variances, including material usage, labor efficiency, and overhead absorption.
Month-End Close: Prepare and post inventory-related journal entries. Calculate and record reserves for slow-moving, excess, and obsolete (SLOB) inventory.
Auditing & Compliance: Coordinate and oversee physical inventory counts and routine cycle counting programs. Ensure compliance with internal controls and GAAP standards.
Process Improvement: Partner with operations, purchasing, and warehouse teams to improve inventory tracking workflows and reduce production waste.
Data Entry Review: Review and analyze production data for accuracy and reasonableness. Investigate and make corrections as necessary.
An associate or bachelor's degree preferred
Intermediate knowledge and understanding of Accounting principles/practices
2+ years of accounting experience
Advance knowledge of Microsoft Office programs (Outlook, Word, Excel)
Strong analytical skills with high attention to details and trends
Hands-on experience with spreadsheets and financial reports
Ability to work well with others
Strong organizational skills and capable of meeting set deadlines
Professional verbal and written communication skills
CCL Industries$80k - $95k
...permanent capital base to support our future growth. The Opportunity As a Senior Cost Accountant , you will analyze financial transactions, prepare journal entries to record inventory transactions and ensure revenue and expenses are correctly captured each month. In...SuggestedPermanent employmentFull timeWork at officeRelocationMonday to FridayFlexible hours$65k - $80k
...or interior damage. You will be responsible for estimating the cost of labor and parts to repair or replace each damaged item. Experience... ..., success-driven work environment ~ State-of-the-art CRM, Inventory management & Internet resources ~ No Direct Repair Programs...SuggestedMileOne
Baltimore, MD2 days ago$104.7k - $167.5k
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Sparks Glencoe, MD2 days ago- LHH seeks a Cost Accountant in Maryland to bolster financial operations through precise cost analysis, inventory accounting, and manufacturing cost reporting. This role collaborates with Operations, Supply Chain, and Finance to analyze product costs and support budgeting...Suggested
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GFT is seeking a highly qualified Cost Engineer / Estimator to support major electric utility transmission and substation projects. This position can be remote with periodic travel to client offices and project sites. This position will work directly with the Senior Substation...Full timeFor contractorsFor subcontractorRemote work- ...and accurately estimate the scope of assigned work as described in the project documents.· Utilizing and managing in-house historical cost data to improve estimate accuracy. Apply costs and rates, as provided by Director of Estimating.· Request, organize and negotiate...Contract workFor contractorsFor subcontractor
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...your pioneering spirit to our collaborative teams. As a Program Cost Control Analyst - Level 5 located in Linthicum, MD, you’ll be a... ...interface with the program managers, functional management, cost account managers (CAMs) and business managers to provide financial support...Full timeContract workRelocationShift work- Chemstar WATER is seeking a seasoned Controller to lead all accounting, reporting, budgeting, and financial operations in a small,... ...numbers and strong controls. The role emphasizes manufacturing costing, inventory oversight, and KPI reporting within an EOS framework. You’ll...
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...close processes, including journal entries, account reconciliations, and adjustments. Perform... ...and work to resolve issues. Reconcile inventory transactions and balances monthly. Review... ...resolve any discrepancies. Assist in analyzing costs, reviewing variances, and identifying...Local areaPERI GmbH Formwork Scaffolding Engineering
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