Cost Account Analyst

Job Summary

The Cost Account Analyst is responsible for ensuring the accuracy of product costing and providing financial insights to support manufacturing operations and management decision-making. This role focuses on cost analysis variance reporting budgeting support inventory management and financial forecasting within a manufacturing environment. The position works closely with plant leadership to improve cost visibility financial controls and operational efficiency.

Key Responsibilities

• Ensure accuracy of product costs including Bills of Materials (BOMs) routings labor rates and overhead

• Analyze variances to standard cost including purchase price material usage labor rate and labor efficiency and report findings to management

• Support management with financial analysis for manufacturing investment decisions including equipment and process comparisons

• Maintain the standard cost system to generate accurate product costs and inventory valuations

• Review cost changes identify root causes and obtain appropriate authorization for updates

• Design and develop manufacturing and plant-level financial reports

• Analyze financial and operational data and provide actionable recommendations to management

• Participate in and lead regular cost and performance review meetings with plant leadership

• Establish and maintain financial controls to safeguard plant assets and ensure accurate financial reporting

• Assist with the development of budgets manufacturing standards and financial forecasts

• Review and develop budgeting requirements for manufacturing operations

• Conduct profitability analysis and review results with key stakeholders

• Perform financial analysis and support strategic and process improvement initiatives with minimal supervision

• Develop and maintain variable cost productivity tracking and analysis

• Participate in annual physical inventory processes

Minimum Qualifications

• Bachelors degree in Finance Accounting Engineering or a related field

• 35 years of relevant work experience

• Experience in a manufacturing or factory environment

• Strong background in financial analysis forecasting and financial reporting

• Experience with inventory management and cost accounting

• Strong analytical and problem-solving skills

• Ability to work collaboratively as a team player

• Ability to quickly learn and navigate complex ERP systems (Oracle experience preferred)

Physical Demands

• Minimal standing walking climbing stairs and filing activities

• Prolonged use of computer systems including keyboard and mouse

• Extended periods of sitting reading writing speaking and hearing

• Occasional travel for training purposes

• Exposure to typical manufacturing noise environments with appropriate safety equipment