Strategic Cost Accountant

6 days ago


Cleveland, Ohio, United States Creative Financial Staffing Full time

About the Opportunity

Creative Financial Staffing is partnering with a dynamic local manufacturer to find an exceptional Strategic Cost Accountant. This role is ideal for a skilled professional seeking to leverage their analytical expertise in pricing and profitability analysis to drive business growth.

Key Responsibilities

  • Maintain accurate and up-to-date standard costs of raw materials, packaging, labor, and finished goods to inform production decisions.
  • Review and analyze standard and actual cost variances, providing insightful reports to management to optimize resource allocation.
  • Analyze profit margins by category, plant, and product line to identify areas for improvement.
  • Conduct variance analysis, including purchase price variance to cost variance, cost revaluation, and invoice to purchase order variances.
  • Prepare and complete internal cost audits to ensure compliance and accuracy.
  • Determine estimates of new and proposed product costs to support strategic planning.
  • Generate reports comparing production costs to standard costs and analyze manufacturing variances to inform process improvements.
  • Monitor cycle count programs and conduct physical inventories in collaboration with production plants to maintain inventory accuracy.
  • Create and provide management with reports detailing factors affecting prices and profitability of products.
  • Develop and implement a standard costing methodology to streamline processes and improve efficiency.

Requirements

  • Bachelor's degree in Finance or Accounting required; MBA preferred.
  • A minimum of 10 years of professional experience, including 5 years in a cost accounting role.


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