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Sr. Cost Accountant

PublishedPublished: 6/14/2022

Job Description

Job DescriptionWe are looking for an experienced Sr. Cost Accountant to support financial and operational analysis for a manufacturing environment in New Bedford, Massachusetts. This is a Contract position focused on strengthening cost reporting, inventory accuracy, and margin visibility while partnering with cross-functional teams. The ideal candidate will bring strong accounting knowledge, sharp analytical ability, and a hands-on approach to improving cost insight and reporting quality.

Responsibilities:
• Develop and deliver recurring gross margin reporting on a weekly, monthly, and quarterly basis, highlighting trends and performance drivers.
• Establish and maintain standard costs for products by evaluating material, labor, and overhead components.
• Support month-end close activities by preparing journal entries, reviewing inventory balances, and assessing reserve needs for excess or obsolete stock.
• Investigate cost variances and present clear explanations to management to support informed business decisions.
• Produce detailed inventory and cost analyses to improve financial visibility across manufacturing operations.
• Examine margin and inventory reports, perform profitability studies, and identify areas requiring further financial review.
• Partner with internal teams, including IT, to address system-related issues and support enhancements affecting production, purchasing, receiving, and shipping processes.
• Prepare accurate inventory and gross margin schedules and ensure timely submission of reporting packages to leadership.
• Contribute to ad hoc analyses, cross-functional initiatives, and other assigned projects while following applicable safety and compliance standards.• Bachelor’s degree in Accounting or a related field.
• At least 5 years of experience in cost accounting, preferably within a manufacturing setting.
• Strong background in standard costing, cost analysis, and manufacturing cost accounting.
• Working knowledge of Generally Accepted Accounting Principles and cost accounting standards.
• Advanced Excel skills with the ability to analyze large data sets and build meaningful reports.
• Experience working with business systems that support inventory, production, and financial reporting.
• Strong collaboration skills with the ability to work effectively across multiple departments.

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