Cost Accounting Manager

We are a fast growing manufacturing company looking for our next Cost Accounting Manager!

We offer competitive compensation
Comprehensive benefits
Opportunities for professional development and growth
Join our team and contribute to our success as we continue to innovate and drive sustainable growth

Overview:
As a Cost Accounting Manager, you will play a crucial role in ensuring the financial health and efficiency of our organization by overseeing all aspects of cost accounting. You will be responsible for analyzing costs, preparing budgets, and providing strategic recommendations to optimize expenses and improve profitability. This role requires strong analytical skills, attention to detail, and the ability to communicate complex financial information effectively.

Key Responsibilities:

Cost Analysis and Reporting:

Analyze product costs, manufacturing processes, and overhead expenses to identify areas for cost reduction and efficiency improvement.
Prepare regular reports on product costs, variances, and profitability analysis for management review.
Develop and maintain costing models to accurately allocate costs and assess the profitability of products and services.
Budgeting and Forecasting:

Collaborate with department heads to develop annual budgets and forecasts based on historical data, market trends, and business objectives.
Monitor budget performance and provide variance analysis to identify discrepancies and areas for improvement.
Work closely with cross-functional teams to ensure budgetary alignment and optimize resource allocation.
Inventory Management:

Oversee inventory valuation and reconciliation processes to ensure accuracy and compliance with accounting standards.
Implement inventory control procedures to minimize carrying costs, excess inventory, and obsolescence.
Coordinate with operations and procurement teams to optimize inventory levels and reduce stockouts.
Process Improvement:

Identify opportunities to streamline cost accounting processes and enhance efficiency through automation and system improvements.
Partner with IT teams to leverage technology solutions for data analysis, reporting, and cost tracking.
Implement best practices and internal controls to ensure the integrity of financial information and compliance with regulatory requirements.
Cross-Functional Collaboration:

Collaborate with finance, operations, and supply chain teams to align cost accounting strategies with business objectives and operational initiatives.
Provide financial insights and recommendations to support decision-making and strategic planning.
Serve as a subject matter expert on cost accounting matters and provide guidance to stakeholders across the organization.
Qualifications:

Bachelor's degree in Accounting, Finance, or related field
Proven experience in cost accounting or financial analysis, preferably in a manufacturing or production environment.
Strong understanding of accounting principles, cost allocation methods, and inventory management concepts.
Proficiency in financial modeling, variance analysis, and budgeting software/tools.
Excellent analytical skills with the ability to interpret complex data and generate actionable insights.
Advanced proficiency in Microsoft Excel and ERP systems; experience with cost accounting modules is a plus.
Strong communication and interpersonal skills with the ability to collaborate effectively across functions and levels of the organization.
Detail-oriented with a focus on accuracy and integrity in financial reporting and analysis.
Proven ability to drive process improvements and implement best practices to enhance efficiency and effectiveness.