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Senior Cost Accountant

Senior Cost Accountant

Placon CorporationMadison, WI, USA
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Why Join Us?

As a Senior Cost Accountant, you will play a critical role in supporting accurate cost reporting and financial analysis that impacts key business decisions. This position offers broad exposure to Finance and Operations leadership, the opportunity to develop deep expertise in cost accounting, and a clear pathway for career growth within a dynamic and sustainability-focused manufacturing organization.

About the Role

We are seeking a detail-oriented and analytical Senior Cost Accountant to support the cost accounting function. This role will be responsible for standard cost maintenance, inventory valuation, variance analysis, and supporting financial reporting processes for our manufacturing operations. The Senior Cost Accountant will work closely with Finance and Operations to provide accurate, timely, and actionable cost insights, ensuring alignment with GAAP, internal controls, and business objectives.

Industry : Thermoforming / Packaging / Manufacturing

Key Responsibilities

Cost Accounting & Analysis

  • Maintain and update standard costs, BOM accuracy, and labor / overhead rates in ERP (Oracle).
  • Develop and maintain Oracle material and resource rates to support pricing and GAAP inventory costing compliance.
  • Prepare and analyze manufacturing variances (material, labor, overhead) and provide clear explanations to Finance and Operations leadership.
  • Perform cost modeling and margin analysis to support new product developments, pricing decisions, and special projects.
  • Assist with financial analysis for product lines, customers, and operating platforms to support decision-making.

Inventory & Compliance

  • Reconcile inventory across facilities to ensure accuracy and proper valuation.
  • Support physical inventory counts, cycle counts, and year-end inventory observations.
  • Review Oracle EAM internal labor and material costs for appropriateness and fiscal control.
  • Ensure GAAP compliance and support internal and external audits (bank, tax, insurance, customer).
  • Financial Close & Reporting

  • Prepare journal entries, account reconciliations, and cost allocations during monthly close.
  • Assist with publishing and reviewing monthly financial packages, including cost and spending analysis.
  • Support the preparation and development of the annual financial plan and forecasts.
  • Business Support & Continuous Improvement

  • Partner with Operations and Finance teams to provide cost insights that drive operational improvements.
  • Champion effective use of Oracle PBCS and Power BI for reporting and analysis.
  • Identify and implement process improvements within cost accounting and reporting workflows.
  • Qualifications

    Required :

  • Bachelor's degree in Accounting, Finance, or related field.
  • 3–5 years of progressive cost accounting or manufacturing finance experience.
  • Strong knowledge of GAAP, standard costing, inventory valuation, and manufacturing operations.
  • Proficiency in Excel and experience with ERP systems (Oracle preferred).
  • Ability to clearly communicate financial information to non-financial stakeholders.
  • Preferred :

  • CPA or CMA certification or progress toward certification.
  • Experience in plastics, thermoforming, or medical / food-grade manufacturing.
  • Public accounting experience (e.g., audit or assurance) is preferred and valued for the strong technical foundation and analytical skills it provides.
  • Experience with Power BI and Oracle PBCS.
  • Familiarity with Lean manufacturing, process improvement, or Six Sigma.
  • Key Competencies

  • Strong analytical and problem-solving skills
  • High attention to detail and accuracy
  • Effective communication across functions
  • Ability to manage multiple priorities and meet deadlines
  • Proactive approach to process improvement
  • Commitment to operational excellence and continuous learning
  • Placon employment offers are contingent upon the successful completion of a pre-employment drug test, basic physical, background check, educational verification, and reference checks (as applicable).

    Placon requires that employees have and maintain authorization to work in the country in which the role is based. In general, Placon does not sponsor candidates for non-immigrant visas or permanent residency unless based on business need.

    Placon is committed to equal opportunity for all applicants without regard to race, color, religion, sex, sexual orientation, gender, gender identity, or expression, marital status, age, national origin, disability, veteran status, genetic information, or other protected characteristics.

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