Cost Accountant (Contract)
The Cost Accountant will join a lean finance and operations team of a growing manufacturer. The role’s primary objective is to ensure accuracy of product costing, manage inventory cost flows, analyze cost variances, support quarter-end/month-end close, and drive cost control initiatives. Potential conversion to a permanent cost accounting position for the right mix of experience and culture fit.
Key Responsibilities
Cost Accounting & Variance Analysis
- Establish and update standard costs for materials, labor and overhead across products and production lines.
- Analyze manufacturing cost variances: material usage/price, labor efficiency/variance, overhead absorption, scrap/rework.
- Prepare monthly cost reports and variance summaries for plant leadership and finance.
- Support product line profitability review and cost modelling for new products or process changes.
- Perform monthly reconciliation of raw materials, WIP and finished goods: ERP vs GL, inventory valuation, obsolescence/scrap reserves.
- Coordinate physical inventory/cycle count procedures and follow-up on discrepancies.
- Work with operations/engineering to identify waste, process inefficiencies, cost reduction opportunities.
- Assist with annual budget preparation and quarterly cost forecasting for manufacturing operations.
- Provide cost-impact analysis of process improvements, capital projects, design changes or new product introductions.
- Collaborate cross-functionally (Operations, Procurement, Engineering) to drive continuous cost improvement and lean accounting practices.
- Ensure cost accounting policies, standard costing and inventory valuations align with company standards (GAAP or internal).
- Maintain documentation and support for internal/external audits relating to cost/inventory.
- Participate in finance/operational systems improvement (ERP cost modules, dashboards, Power BI/Excel automation).
Qualifications
- Bachelor’s degree in Accounting, Finance or related field. CPA, CMA, or pursuing certification is a plus.
- Minimum 2 years of cost accounting, manufacturing finance or plant accounting experience. Experience with a high‐volume manufacturing plant is preferred.
- Experience with Sage 500 or MAS 500 ERP systems required.
- Intermediate-to-advanced MS Excel proficiency required.
- Experience with BOMs, work‐orders, routers, cost-rollups.
- Excellent analytical skills, detail-oriented, with the ability to explain cost variances and partner with operations.
- Ability to work in a fast‐paced manufacturing environment during contract period and proactively transition to a permanent mindset.
- Strong communication and collaboration skills: will work across finance, operations, procurement, engineering.
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