Cost Accountant

Job Description

Job Description

Description :

The Cost Accountant is responsible for analyzing and reporting on manufacturing costs, inventory valuation, and cost variances to ensure accurate financial reporting and informed decision-making. This role supports U.S. operations by maintaining standard costs, participating in month-end close, and collaborating with operations, supply chain, and finance to improve profitability and cost efficiency across multiple manufacturing sites.

ESSENTIAL DUTIES & RESPONSIBILITIES :

• Maintain and update standard cost structures for materials, labor, and overhead.
• Analyze and report on purchase price variances, labor variances, and manufacturing overhead variances.
• Support product costing, cost rollups, and bill of material validations.
• Prepare and analyze cost of goods sold (COGS) reports and gross margin analysis.
• Review actual vs. standard costs and report significant variances.
• Support annual standard cost roll processes and year-end inventory valuation updates.
• Reconcile inventory between subledger and general ledger.
• Monitor and analyze inventory movements, scrap, and obsolescence.
• Assist in establishing and maintaining inventory reserve policies and calculations.
• Support cycle counts and annual physical inventory, including variance analysis.
• Participate in month-end close by preparing cost-related journal entries and accruals.
• Prepare detailed inventory and COGS schedules for financial reporting.
• Support internal and external audits with relevant cost documentation.
• Ensure compliance with US GAAP and internal controls related to inventory and costing.
• Work with manufacturing and operations to analyze production costs and improve profitability.
• Provide financial insights and modeling for pricing decisions, make / buy analysis, and capex evaluations.
• Partner with operations teams to track cost reduction initiatives and measure impact.
• Support ERP system improvements and automation of cost accounting processes.

Requirements :