Cost Accounting Manager

1 week ago


Austin, Texas, United States Jobot Full time
Job Title: Sr Cost Accounting Manager

We are seeking an experienced Cost Accounting Manager to lead our U.S. cost accounting function. As a key member of our finance team, you will be responsible for ensuring data accuracy, maintaining the integrity of product costs, and overseeing inventory valuation.

Key Responsibilities:
  • Lead and mentor the Cost Accounting team, setting priorities and providing direction to ensure alignment with organizational goals.
  • Oversee the annual standard cost updates for materials, labor, and overhead, partnering with departments such as Operations, Procurement, and Engineering to develop planned rates and manage related reporting.
  • Analyze monthly variances related to materials, labor, and overhead, offering explanations and insights to the finance team and recommending updates to systems when necessary.
  • Manage the capitalization and amortization schedules for cost variances, ensuring accurate balance sheet reconciliations and adjustments to amortization periods.
  • Work closely with Operations and Product teams to set appropriate financial reserves for obsolete and slow-moving inventory.
  • Ensure inventory control processes comply with company policies, partner with site teams to assess count accuracy, and lead efforts to optimize cycle count coverage.
  • Support cost accounting initiatives related to the launch of new manufacturing sites.
  • Evaluate changes in product design, raw materials, or production processes to assess cost impacts and recommend system updates accordingly.
  • Lead internal and external audits related to cost accounting.
  • Collaborate with finance and operational teams to establish and track performance metrics related to cost-saving initiatives.
Requirements:
  • Bachelor's degree in Finance, Accounting, or a related field.
  • At least 7 years of experience in finance or accounting, with a focus on manufacturing cost accounting.
  • A minimum of 2 years in a leadership role, with experience in mentoring and developing a team.
  • Extensive experience in a standard costing environment, with a deep understanding of ERP systems and costing modules.
  • Strong analytical skills, project management expertise, and the ability to meet tight deadlines in a fast-paced environment.
  • Proven track record of identifying improvement opportunities and implementing effective solutions.
  • Ability to translate complex analyses into actionable recommendations for non-financial stakeholders.
Preferred:
  • Advanced degree in Finance, Accounting, or related discipline.
  • Professional certifications such as CPA or CMA.
  • Experience working in a Big 4 accounting firm or similar consulting role.


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