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Senior Cost Analyst

2 weeks ago

Farmington, CT, United States Vaco Full time
Senior Cost Analyst
Our premier client is looking for a Sr. Cost Accountant/Analyst who will be responsible for leading cost-focused financial analysis within a manufacturing environment. The position partners closely with operations, supply chain, and corporate finance to ensure accurate product costing, inventory control, and profitability insights. The ideal candidate brings strong analytical capability, hands-on manufacturing finance experience, and the ability to translate data into actionable business decisions. Key Responsibilities
  • Lead the evaluation of production-related costs and deliver recurring analysis explaining variances to established standards.
  • Collaborate with operations and product data teams to maintain and refine cost drivers and costing assumptions.
  • Oversee the development, maintenance, and analysis of standard cost structures and gross margin performance.
  • Administer the annual standard cost update process, ensuring appropriate cost build-up and allocation across products.
  • Serve as a trusted advisor on managerial accounting matters, including cost comparisons and operational efficiency initiatives.
  • Produce financial models and analyses to support product launches, capital investments, and strategic initiatives.
  • Partner with manufacturing teams to support purchasing, inventory management, and materials control activities.
  • Coordinate with centralized finance groups to ensure consistency in reporting and compliance.
  • Maintain and enhance cost accounting methodologies, tools, and system configurations.
  • Lead the annual physical inventory process and related reconciliation efforts.
  • Conduct sourcing evaluations, including internal production versus external supplier analysis.
  • Develop detailed cost estimates for new products and enhancements.
  • Prepare recurring and ad hoc journal entries in support of monthly close activities.
  • Prepare and evaluate results, including product mix and pricing volume impacts.
  • Support month-end close activities and other accounting functions as needed.
Qualifications & Experience
  • Five to seven years of progressive experience in cost accounting or financial analysis within a manufacturing setting.
  • Strong understanding of financial and managerial accounting principles, including applicable accounting standards.
  • Solid analytical, communication, and organizational skills, with the ability to manage multiple priorities and deadlines.
  • Proven ability to collaborate cross-functionally and communicate effectively with both operational and financial stakeholders.