Cost Analyst

**Cost Analyst - Lowell, MA**
**Onsite position**

**Job Summary**:
The main responsibilities encompass managing the cost accounting system, analyzing and reporting on financial data, overseeing inventory, supporting audits, and improving accounting procedures.

**Key Responsibilities**:

- Create and manage the organization's cost accounting system, including all related documents and records.
- Analyze trends in costs and variances, investigate significant discrepancies, and suggest suitable actions.
- Conduct analyses of manufacturing costs and regularly produce reports that compare standard costs with actual production costs.
- Engage actively in meetings related to new product development.
- Estimate costs for new and proposed products.
- Prepare monthly inventory reports and evaluate inventory reserve needs in collaboration with the Supply Chain team.
- Oversee quarterly or bi-annual inventory audits, prepare related reports, and reconcile inventory results for management review.
- Support the annual review and update of standard costs, including labor and overhead rates.
- Execute month-end closing procedures as required.
- Ensure the accuracy, reasonableness, and proper documentation of inventory account balances through general ledger account analysis and reconciliation.
- Align engineering budgeted production standards with QuickBooks data.
- Facilitate the work of external and internal auditors during semi-annual and annual audits and according to the internal audit schedule.
- Work with other accounting staff to evaluate and enhance accounting systems and procedures, and provide training on new or revised processes.
- Offer assistance to the accounts

**Requirements**:

- At least 3 years' experience in general accounting and/or cost accounting within a manufacturing environment
- Exposure to costing in MRP systems

**Benefits**:

- Medical, Dental, Vision Insurance
- Group Life and Disability insurance
- 401(k) with match
- Paid Holidays
- Biweekly profit-sharing contribution
- PTO (Vacation and Sick Time)
- Bonuses

Pay: $57,000.00 - $70,000.00 per year

**Benefits**:

- 401(k)
- 401(k) matching
- Dental insurance
- Disability insurance
- Health insurance
- Life insurance
- Paid sick time
- Paid time off
- Vision insurance

**Education**:

- High school or equivalent (required)

**Experience**:

- Cost Analyst: 3 years (required)

Work Location: In person