Cost Accounting Manager

Job Description

Job Description

We are looking for a dedicated Cost Accounting Manager to join our finance team in Richfield, Wisconsin. In this role, you will oversee the cost accounting function, including setting and maintaining standard costs, analyzing financial variances, and leading cost-related projects. You will collaborate with various departments to ensure accurate financial reporting and contribute to the organization's overall financial strategy.

Responsibilities :

• Conduct analyses of cost of goods sold and provide explanations for variances against budgets and historical data.
• Review month-end cost-related variances, including material, labor, overhead absorption, and other relevant factors.
• Establish cost structures for new purchased and manufactured products and update standard costs as needed.
• Assess the impact of changes in product design, raw materials, and manufacturing processes on overall costs.
• Partner with the engineering team during new product development to determine cost targets and ensure financial alignment.
• Support organizational pricing strategies, including annual standard cost updates and price increases.
• Perform detailed gross margin and profitability analyses across products, customers, and business segments.
• Identify and implement process improvements to enhance efficiency and accuracy within cost accounting practices.
• Lead cost reduction initiatives by generating ideas and tracking progress.
• Prepare budgets related to cost of goods sold and assist with external audits by providing necessary documentation and financial schedules.
• Bachelor’s degree in Accounting, Finance, or a related field.
• Minimum of 5 years of experience in cost accounting, preferably within manufacturing environments.
• Strong expertise in standard cost accounting and cost analysis methodologies.
• Proficiency in budgeting, forecasting, and variance analysis.
• Demonstrated ability to collaborate across departments and manage cost-related projects effectively.
• Analytical mindset with the ability to convert complex data into actionable insights.
• Familiarity with internal audit controls and financial security practices.
• Excellent communication and organizational skills to support cross-functional teamwork.