Cost Accountant Job Description [Updated for 2025]

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A 4465231accounting17.29accountant10.76cost accountant3.77staff accountant3.43senior accountant1.04630607207235000.0080266.65143000.00YEARLY45244552025-10-012025-10-312025-09-012025-09-302025-11-05Cost Accountant, or Cost Analyst, is a financial professional who’s responsible for assessing business expenses and preparing optimized budget plans for their employer. Their duties include reviewing financial records, researching the market rate for key business costs and adjusting the company ledger to accurately reflect balance sheets.

Cost Accountant duties and responsibilities

Cost Accountants collaborate with other accountants and financial staff in the company to provide financial and accounting support to executives and department heads who establish goals and budgets for the organization. Their duties include:

Collecting and analyzing data about a company’s operational costs
Setting standard costs of manufactured goods
Developing and analyzing cost standards
Carrying out cost-volume-profit (CVP) analysis, including for small businesses
Establishing costs of business processes such as administration, labor, shipping, etc.
Performing account reconciliations
Preparing audit reports and presenting their findings to management
Recommending changes to the company’s processes and policies to reduce cost and maximize profit
Advising executives and upper management on appropriate costing based on financial data
Managing the company’s balance sheet and accounting books
Supporting other company accountants with invoicing and capital expenditure

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Hire your next Cost Accountant today.

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Cost Accountant Job Description Examples

Example 1

Job Type:Full-time | 5 day work week

We have an opening for a Cost Accountant!

About the Company:

Amorim is a worldwide leader of cork and rubber materials used in a variety of industries. We offer an attractive wage and benefit structure together with a pleasant work environment.

Located in Trevor, this is an ideal opportunity for those living in or near Kenosha County.

This position will be primarily responsible for maintaining the company's product costs while continually analyzing cost of goods manufactured. Additional responsibilities include monitoring inventory accuracy, accounting for company fixed assets and the timely submission of sales commission payments.

A strong understanding of cost accounting principles and attention to detail is required. Prior SAP experience preferred.

Responsibilities

Performs detailed analysis on inventory costs to assist in the development of standard costs and understanding of inventory variances

Execute daily standard cost updates (or periodically as required) in SAP

Execute the standard cost update process on an annual basis.

Anazlyzes results of inventory counts and their impact to the Income statement.

Reconciles and balances general ledger accounts, then researches and corrects any discrepancies

Interacts with cross-functional teams including plant operations, procurement and commercial groups

Performs inter-company transactions.

Answers financial and accounting questions by researching, analyzing and interpreting data

Partners closely with the Business Unit Controller to monitor key financial performance indicators and makes recommendations to improve performance

Responsible for MonthEnd Close

Responsible to close WorkOrders on a Weekly basis and investigate variances when required.

Run month end process order settlements and assessments and provide monthly reporting on various related metrics - Completion of month end close responsibilities.

Participate in cross-functional meetings and teams designed to provide improvements to current purchasing practices and processes.

Qualifications

B.S. degree in Accounting from an accredited university required

Cost Accounting experienced. (Required)

Knowledge of accounting procedures and practices, preferably in a manufacturing environment

Familiarity with a variety of accounting principles, concepts, practices, procedures and GAAP requirements

Experience in preparing financial statements and owning Month Close process

Excel knowledge

Prior experience with SAP is a plus, but not required.
Must be a self-motivated, pro-active individual who can handle working in a repetitive. Challenge the Status Quo personality. Because this position is a process heavy role, selected candidate will be required to not only complete the required tasks but constantly strive to reduce inefficiencies and improve the overall processes.
Microsoft Office knowledge

Job Type: Full-time

Schedule:

8 hour shift
Day shift
Monday to Friday

Experience:

Accounting: 1 year Location: One location

Example 2

Role: Cost Accountant
Location: Tukwila, WA
Type: Full-time/permanent

Essential Duties And Responsibilities

Reviews work order transactions to identify costing errors. Root Cause Analysis.
Analyzes cost variance analysis and compares actual to system standards for both material and labor.
Assists operations with ad hoc analysis on special projects.
Assists with month-end and year-end inventories.
Validate accuracy of the inventory balances at the item and transaction level.
Reviews, analyzes, and reports actual job profit margins.
Maintains the Work in Process ledger.
Performs month-end and year-end closings including journal entries and reconciliations. Inventory subledger to GL reconciliation and roll-forward by branch.
Provides product costing for pricing and business decisions. Cost budget – working with branch managers and define detailed material, labor and overhead.
Project cost control, Cashflow analysis, Contract / PO reconciliation.
Determines current cost of projects by confirming project budgets with project leadership, establishing standard reconciliation process, collecting contract and invoice data, and verifying progress and completion status of project.
Establish and maintain project budget tracking systems.
Reconciles transactions by project and correcting data.
Tracks and reports on status of project completion progress through monthly reporting, including actual cost, forecast costs, cash flow, variances, and gaps.
Inventory subledger to GL reconciliation and roll-forward by branch.
Weekly job/work-ticket/WIP profitability reviews and reconciliations – variance analysis budget vs actual by jobs.
Conduct physical inventories and monitor the cycle count programs.
Calculate slow moving and obsolescence reserve to be reviewed by the controller.
Stock reconciliations and co-ordination of stock. BVS branches do not use Sage to check if other branches have the parts needed for the job prior buying parts.
PSV certification inventory by warehouse.
Assist with annual audits.
Performs other related duties as assigned.

Qualifications

5+ years of cost accounting experience, preferably in an industrial manufacturing setting.
Bachelor’s degree in accounting or finance.
Proven knowledge of bookkeeping and accounting principles, practices, standards, laws and regulations with GAAP experience required.
High attention to detail and accuracy. Ability to manipulate large amounts of data.
Must demonstrate ability to meet financial deadlines.
Must be proficient in utilizing and interpreting financial models and analyses.
Ability to manage multiple priorities effectively in a fast-paced, results oriented environment.
Strong verbal and written communication skills.

Expert Microsoft Office skills to include Excel and related computer applications.

Job Type: Full-time

Benefits:

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

Schedule:

8 hour shift
Day shift

People with a criminal record are encouraged to apply

Application Question(s):

Are you a US Citizen?
Are you a Green Card Holder?
What is your email address/email ID?
What would be your notice period if offered?
What is your salary expectation for fulltime per annum?

Experience:

Industrial Manufacturing Accounting: 5 years (Preferred)
Cost accounting: 5 years (Preferred)

Ability to Commute:

Tukwila, WA 98188 (Preferred)

Ability to Relocate:

Tukwila, WA 98188: Relocate before starting work Location: In person

Example 3

JOB Opportunity Accounts Receivable & COST Accountant

Who We Are?

Industrial Metal Products Corporation (IMPCO) made their footprint in the Lansing area in 1937. Built on an 84-year tradition of integrity and ingenuity, IMPCO has machines globally with customers to include General Motors, Ford, Chrysler, Jeep, Fiat, Mercedes-Benz, Renault, and many other OEM s. Our workforce is, and always been, our strong foundation that spans across three generations of resourceful local people.

Our patented, industry leading Microfinishing & GBQ solutions allow for a consistent surface finish and tight tolerance requirements on a wide range of components. Our in-house R&D Department keeps IMPCO moving forward with innovation and our dedicated Parts Department and Service Technicians keep our machines running in the field far into the future.

Innovation and flexibility to the continually changing marketplace has helped IMPCO maintain its position as the reference process for OEM manufactures and be the World Leader in our process technology.

Why Join the IMPCO Team?

Located in Lansing, MI with a global presence.
Be part of a culture where you are supported and encouraged to grow.
Take ownership and become an integral team member.
Become a part of the IMPCO legacy.
Maintain a work-life balance, in a small privately owned company.
You will evolve at the heart of an experienced team that will fully welcome you to the IMPCO family.

Position Summary

IMPCO is seeking an Accounts Payables and Cost Accountant who will be responsible for timely collection of receivables from IMPCO customers and accountable job costing of machine, warranty, and service jobs. The job responsibilities include daily, weekly, and monthly duties to be executed timely and with the utmost integrity and accuracy. This position reports directly to the Controller.

Key Responsibilities

Accounts Receivable:

Assure computer operation accuracy as it relates to the financial statements of the company and timeliness of information for users.
Accurate and timely preparation of all machine invoices and related information including service, in conformity with IMPCO, customer, purchase order, letter of credit, customs or other procedural requirements to ensure timely customer payments.
Preparation of all machine shippers and bills of lading including service, in conformity with IMPCO, customer, purchase order, letter of credit, customs or other procedural requirements to ensure timely customer payments.
Preparation of management information to assist in the identification of collection problems to facilitate timely action and appropriate other information to forecast and plan for company cash availability.
Calculation of salesman's commissions, accounting for and the timely payment in accordance with corporate policy, the agency/agent agreement or other information as authorized by appropriate personnel.
Posting Cash.
Prepare reports for annual audit.
Phone backup or routine office duties as needed.

Cost Accountant:

Accurate and timely machine, warranty, and service job cost data to assure accurate financial statement information and availability of data for ing.
Costing of inventory and coordination with Purchasing for the accuracy of the quantities of inventory.
Responsible for the analysis and forecasting of Machine job hours and cost data.
Run WIP reports on open jobs and on job orders that have shipped.
Maintains company phone system and stays current with the latest technology to keep costs to a minimum.
Prepare reports for annual audit.

Candidate Selection Criteria

3-6 years of experience in Accounts Receivable and Cost Accounting.
A minimum of an Associate degree in accounting or related financial field. Bachelor s degree preferred.
Experience in Manufacturing, Tier 1 Supplier, or related field a plus.
Proficiency in Microsoft Office products to include Access. Advanced Excel skills required.
Extensive knowledge of both the design and use of Microsoft Dynamics 365 Business Central.
Experience with AS400.
Proven attention to detail and problem-solving skills necessary.

IMPCO is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected Veteran status.

Job Type: Full-time

Pay: $50,000.00 - $65,000.00 per year

Benefits:

401(k)
401(k) matching
Dental insurance
Disability insurance
Employee assistance program
Flexible spending account
Health insurance
Life insurance
Paid sick time
Paid time off
Tuition reimbursement
Vision insurance

Schedule:

8 hour shift
Day shift
Monday to Friday
Overtime

Ability to commute/relocate:

Lansing, MI 48917: Reliably commute or planning to relocate before starting work (Required)

Experience:

Accounting: 3 years (Required)
Cost accounting: 3 years (Required)
ERP systems: 2 years Location: One location

Example 4

Job Title: Cost Accountant

Location: 110 1100 Enterprise Drive 13-[phone number]Winchester KY 40391 United States
Duration: 3-6 Months.
Onsite: MON-Friday - 8AM TO 5PM

Description:

The Cost Accountant assists with month end closing, including preparation of month end and quarter end reporting packages, and pursues process improvements such as report automation utilizing current or future ERP applications. Incumbent also assists in the establishing of product routings, costs and variance analysis. Coordinates inventory related activities with Inventory Control, including cycle count activities, and help ensure overall inventory accuracy. Ensures SOX related activities are conducted according to documentation, helps coordinate changes as required, and works with PTS and corporate as required in the review and testing of SOX related processes. Works with internal and external auditors as required.

II. Specific Tasks, Duties and Responsibilities:

Participate in month-end closing, preparing journal entries in areas such as inventory related adjustments and write-offs, reserves analysis, reconciliations, and data collection and preparation of monthly/quarterly reporting
Utilizing current or future ERP applications, automate creation of the monthly and quarterly reporting packages to ensure timeliness and accuracy, providing direct download capabilities where possible to eliminate redundant data entry; also use extraction capabilities to perform ad-hoc projects and analysis
Assist in establishment of product routings, review of current routings and BOMs for accuracy, special costing projects, and provide management with accurate and timely reports
Collect, analyze and report on product variances generated to operations and plant management; provide explanations as to cause and effect of variances, or point out if BOM or routings issue, or planned deviations such as alternative work center utilization
Coordinate inventory related activities with management and Inventory Control, including analysis, reporting, cycle count activities (such as masked counts); inventory adjustment needs; and help ensure overall inventory accuracy
Ensure SOX related activities are conducted as documented, help coordinate changes as required, and work with PTS and corporate as required in the review and testing of SOX related processes; this includes working with both internal and external auditors
Other duties as assigned, such as analyzing past and present financial results and estimating future revenues and expenditures for budget or forecast work

III. Essential Skills and Experience:

Education or Equivalent: (Minimum required to perform job)

Bachelor s degree in Accounting, Finance, Business Administration or a directly related field; 5 years General Accounting/Costing experience in a manufacturing environment

Knowledge/Skills Requirements:

Principles and practices of accounting procedures
Basic general accounting knowledge of a manufacturing environment
Knowledge of inventory processes
Knowledge of various computer software programs to include: Microsoft Excel, Word, Accounting, Payroll and Time Systems
Excellent organization, verbal and written communication skills

Job Types: Contract, Full-time

Salary: $25.00 - $28.00 per hour

Schedule:

8 hour shift
Monday to Friday

Ability to commute/relocate:

Winchester, KY 40391: Reliably commute or planning to relocate before starting work (Required)

Experience:

Accounting: 1 year (Preferred)
Cost accounting: 1 year (Preferred)
ERP systems: 1 year Location: In person

Example 5

Paul Davis St. Louis Metro West is a Creve Coeur, MO-based. We are seeking a skilled, detail-oriented, and organized individual to join our accounting team. This is a full time position Monday through Friday.

Job Description:

This position will be responsible for the accounts payable, accounts receivable, job cost tracking and payroll functions. This position will be responsible for all of the following:

Accounts Payable

Process vendor invoices
Responsible for vendor weekly check run
Reconcile vendor statements
Maintain accounts payable files and records in a timely manner.
Set up and maintain sub-contractor files.

Accounts Receivable

Prepare customer invoices in a timely manner
Process accounts and incoming payments in compliance with financial policies and procedures
Prepare bank deposits
Facilitate payment of invoices due by sending bill reminders and contacting customers
Perform other duties as assigned by management.
Review accounts Receivable Reports
Reconciliation of general ledger accounts as needed

Job Cost Tracking

Set up vendor in job tracking system
Ensure that sales tie out between the job cost tracking system and QuickBooks.
Work with Reconstruction and Mitigation Administration staff in regards to insurance payments.

Payroll

Enter weekly payroll into payroll system.

Required Skills:

Knowledge of accounting principles, at least 3 accounting classes required, preferred a 1 year technical or 2 year associates degree in accounting.
Experience with both accounts payable and receivable.
Knowledge of general ledger functions, including journal entries, balancing, and reconciling.
Ability to work independently and as part of a team.
Strong attention to detail and accuracy of work.
Ability to work with data in Microsoft Excel spreadsheets.
Experience with QuickBooks online preferred but not required, but must have experience with accounting software.
Good customer service skills

Job Type: Full-time

Pay: $22.00 - $26.00 per hour

Expected hours: 40 per week

Benefits:

401(k)
401(k) matching
Dental insurance
Employee assistance program
Flexible schedule
Health insurance
Paid time off
Vision insurance

Physical setting:

Office

Schedule:

Day shift
Monday to Friday

Ability to commute/relocate:

Creve Coeur, MO: Reliably commute or planning to relocate before starting work (Required)

Education:

Associate (Preferred)

Experience:

Accounts Payable: 2 years (Required)
Accounts Receivable: 2 years (Required)
Collection Calls: 1 year (Preferred)
Accounting: 2 years Location: In person

Example 6

II. Specific Tasks, Duties and Responsibilities:

Participate in month-end closing, preparing journal entries in areas such as inventory related adjustments and write-offs, reserves analysis, reconciliations, and data collection and preparation of monthly/quarterly reporting
Utilizing current or future ERP applications, automate creation of the monthly and quarterly reporting packages to ensure timeliness and accuracy, providing direct download capabilities where possible to eliminate redundant data entry; also use extraction capabilities to perform ad-hoc projects and analysis
Assist in establishment of product routings, review of current routings and BOMs for accuracy, special costing projects, and provide management with accurate and timely reports
Collect, analyze and report on product variances generated to operations and plant management; provide explanations as to cause and effect of variances, or point out if BOM or routings issue, or planned deviations such as alternative work center utilization
Coordinate inventory related activities with management and Inventory Control, including analysis, reporting, cycle count activities (such as masked counts); inventory adjustment needs; and help ensure overall inventory accuracy
Ensure SOX related activities are conducted as documented, help coordinate changes as required, and work with PTS and corporate as required in the review and testing of SOX related processes; this includes working with both internal and external auditors
Other duties as assigned, such as analyzing past and present financial results and estimating future revenues and expenditures for budget or forecast work

III. Essential Skills and Experience:

Education or Equivalent: (Minimum required to perform job)

Bachelor s degree in Accounting, Finance, Business Administration or a directly related field; 5 years General Accounting/Costing experience in a manufacturing environment

Knowledge/Skills Requirements:

Principles and practices of accounting procedures
Basic general accounting knowledge of a manufacturing environment
Knowledge of inventory processes
Knowledge of various computer software programs to include: Microsoft Excel, Word, Accounting, Payroll and Time Systems
Excellent organization, verbal and written communication skills

Job Type: Contract

Pay: $18.00 - $26.00 per hour

Physical setting:

Office

Schedule:

8 hour shift
Day shift

Experience:

Accounting: 4 years (Preferred)
Cost accounting: 4 years (Preferred)
ERP systems: 3 years Location: On the road

Example 7

About our Family of Companies/Brands

Rubies is a member company of Ad Populum, LLC. Ad Populum s growing portfolio of brands currently includes the National Entertainment Collectibles Association (NECA), Wizkids, Kidrobot, Rubies Costumes, Graceland, Enesco, Exkaliber and more.

The collectible toy market has evolved tremendously over the last few years with expected growth to be over $20 billion by 2032. The interest in pop culture collectibles among adults is having a noticeable impact on the retail market. Majority owner of Ad populum, Joel Weinshanker comments, Adults like to display and share their fandom with family and friends in their homes and offices. Pop culture collectibles provide nostalgic memories and sources of inspiration throughout adulthood. With these trends, it makes sense for us to expand our business to continue reaching more adults,

Ad Populum serves to align corporate strategy across all subsidiary operating companies, grow each through shared economies of scale, and find and foster new opportunities for all the entities across different market segments. Across their roster of brands, Ad Populum is #1 in manufacturing pop culture goods and experiences, targeting everyone from Boomers to Gen Z.

Job Summary:

Reporting to the Accounting Manager, the Cost Accountant will track, manage, and report inventory and operational costs across all the businesses and locations. This individual will have a strong understanding of the company s inventories and provide value-adding insight to aid management. The position will participate in monthly reconciliation of balance sheets and income statement accounts that relate to inventories.

Job Responsibilities

Preparing inventory-related journal entries and account reconciliations for monthly close.
Preparing monthly COGS reports that analyze profitability down to item SKU level.
Collecting and analyzing data about a company s operational costs.
Setting standard costs of manufactured goods.
Providing reports to auditors.
Reconciling beginning raw materials, work-in-progress, and finished-goods stock.
Analyzing inventory valuations and monitoring unit cost variance
Recommending changes to the company s processes and policies to reduce costs and improve process efficiency.

Job Requirements

Bachelor s degree in accounting or finance.
A minimum of 3+ years of costing experience in a manufacturing environment.
CPA or MBA would be a plus.

Competencies

Great attention to detail.
Analytical thinker with strong conceptual and problem-solving skills.
Team player willing to assist when needed.
Ability to work across multiple functions and balance tasks with changing priorities.
Demonstrates maturity and professionalism.
Prior experience working with ERP systems (Sage x3 a Plus).

Job Type: Full-time

Pay: $70,000.00 - $80,000.00 per year

Benefits:

401(k)
Dental insurance
Health insurance
Paid time off
Vision insurance

Schedule:

Monday to Friday

Ability to commute/relocate:

Westbury, NY 11590: Reliably commute or planning to relocate before starting work (Required)

Experience:

Accounting: 3 years (Required)
Cost accounting: 3 years (Preferred)
ERP systems: 1 year Location: In person

Example 8

Job Summary:

The Cost Accountant will play a critical role in maintaining standard costs and its ongoing analysis. This role will be a key member of the accounting team in providing costing support and in other accounting areas.

Duties/Responsibilities

Perform month-end close inventory related functions
Maintain standard cost accounting system and analyze variances
Analyze costs incurred, cost of sales and calculation of inventory value including various external filings
Prepare various daily, weekly, and monthly management reports
Prepares journal entries in support of the month-end close process.
Prepares account reconciliations.

Education and Experience:

Bachelor s degree in Accounting or Finance
Minimum 1-2 years of related experience in job cost analysis
Experience with proper procedures for month-end cutoff transactions & reconciliation of subledgers to General Ledger
Knowledge of Microsoft Office products (Excel, Word, Power point)
Working on holidays may be required

U.S. Person required for this position, includes but is not limited to U.S. Citizens and Permanent Residents

Job Type: Full-time

Pay: From $65,000.00 per year

Benefits:

401(k)
401(k) matching
Dental insurance
Disability insurance
Employee assistance program
Flexible spending account
Health insurance
Life insurance
Paid sick time
Paid time off
Tuition reimbursement
Vision insurance

Schedule:

8 hour shift
Day shift
Monday to Friday
Overtime

Ability to commute/relocate:

Hawthorne, CA 90250: Reliably commute or planning to relocate before starting work (Required)

Experience:

Accounting: 1 year (Required)
Cost accounting: 1 year (Preferred)
ERP systems: 1 year Location: One location

Example 9

The Cost Accountant is responsible for managing and maintaining the cost accounting system, incorporating understanding of manufacturing operations and generally accepted accounting practices. This position will take direction with general supervision from the Controller and requires interaction with all levels of the organization.

Responsibilities

Reviews and posts daily manufacturing accounting entries.
Reviews cost and variance trends; researching significant variations and recommending appropriate response.
Prepares daily operating performance analysis; including inventory movements, sales, and cost of goods sold, to identify significant issues in a timely fashion.
Reviews new BOMs and Routers submitted for cost freeze for accuracy.
Performs monthly inventory valuation and reconciliation of cost ledgers.
Evaluates and approves cost review requests, including operating impact analysis.
Process CAPEX requests, tracking spend and capitalize asset as required.
Performs data analysis using ODBC reporting tools as required to perform job duties or as requested by management staff.
Performs data management tasks in JDE through the use of Z-files and mass upload capabilities.
Prepares and monitors operating forecasts based on budgets. Review significant variations and analyze operating impact.
Establishes labor and overhead rates in line with operating budgets.
Performs annual cost roll and inventory revaluation. Works with purchasing and operations management to enhance accuracy of cost components.
Assists other employees with information and/or analysis when requested.
Demonstrates understanding, support and consistent application of our Vision, Mission and Core Values
Provide payroll processing coverage as needed.
Other duties as assigned.

Experience/Education/Qualifications

Required:

Bachelor s degree in Accounting, Finance or any related field
5+ years supporting a manufacturing business
Intermediate proficiency with Microsoft Office

Desired:

4+ years of Cost accounting
4+ years using ERP systems
Experience with clean room/medical device manufacturing
CPA Certificate
Advanced proficiency with Microsoft Office, specifically Excel

As a valued Trelleborg team member, you will enjoy:

Generous benefits package: Includes health, dental, vision, STD, LTD, life, 401k, paid time off, tuition reimbursement, and more!
Comfortable work environment: Enjoy working in a very clean and climate-controlled environment every day!
Greater opportunity for impact: Be part of a team doing meaningful work and having fun doing it!
Growth and advancement: Join a global company that loves to promote from within and seeks opportunities for advancement!

Job Type: Full-time

Pay: From $85,000.00 per year

Benefits:

401(k)
401(k) matching
Dental insurance
Disability insurance
Employee assistance program
Flexible spending account
Health insurance
Life insurance
Paid time off
Tuition reimbursement
Vision insurance

Physical setting:

Office

Schedule:

Monday to Friday

Ability to commute/relocate:

Northborough, MA 01532: Reliably commute or planning to relocate before starting work (Required)

Education:

Bachelor's (Preferred)

Experience:

ERP systems: 2 years (Preferred)
Cost accounting: 2 years (Preferred)
supporting a manufacturing business: 5 years Location: In person

Example 10

Motivated to grow with a stable organization? Cincinnati Fan is a leading manufacturer of industrial fans for OEMs and industrial applications. Superior products, excellent service, and on-time delivery have been the core belief of Cincinnati Fan since its founding in 1956. Our unique manufacturing systems allow us to quickly and affordably customize. We have over 170 sales engineers in 56 offices throughout the United States and Canada providing knowledgeable, experienced and local support.

Our new hires enjoy a variety of benefits including professional development opportunities, competitive compensation, and opportunities for career advancement. We are rapidly growing organically and through acquisitions, as part of SPX Corporation (SPXC). With its people-centric culture, SPX prides itself on attracting top talent to the industry.

Job Summary
The Cost Accountant will oversee and analyze all cost expenditures related to the manufacturing processes in the facility. This position is responsible for producing detailed cost reports and analyses in support of operations and sales. The position is also the finance liaison with the Inventory Analyst in support of accurate and timely inventory general ledger transactions. In addition the position is responsible for developing and maintaining the financial cost reports necessary to fully explain standard and gross margin analyses and the variances to planned results. All manufacturing cost aspects including material, labor and overhead, price-volume-mix analyses as well as efficiency, productivity and spend variances will be monitored and explained. This information will support weekly financial flashes, monthly results, quarterly forecasts and annual budget. This position collaborates with and supports the operations, sales/marketing and finance teams with insightful analyses and suggestions for improvements.

Principal Duties and Responsibilities

Lead the development of annual plan and report-out processes and formats as relates to manufacturing standard and variance cost accounting
Prepare monthly operational reports explaining material, labor and overhead efficiency and productivity costs in comparison to plan
Prepare monthly standard and gross margin analyses as well as monthly cost of goods manufactured' and cost of goods sold' statements
Work with the Inventory Analyst and Director of IT to understand current reporting metrics, develop improved reports and fully understand inventory transactions as relates to the general ledger
Acts as the finance lead for annual physical inventory and monthly cycle counts; work with the operational resources responsible for these processes to assure timely and accurate financial reporting implications
Works with Pricing Manager to analyze, discuss and suggest adequate pricing based on operational costs within the facility
Lead the annual standard cost development and roll of same
Prepare and maintain standard adjusting journal entries with related support as relates to operational cost accounting and monthly inventory book to perpetual
Support external audit and tax preparation functions as relates to cost accounting
Support the CFO and Controller in responding to inquiries from management, auditors, headquarters and other authorities regarding cost accounting issues, data in reports, financial information and policies and procedures related to cost accounting as well as SOX compliance
Review current and suggest additional operational reports to properly assess the financial implications of manufacturing activities
Suggest projects focused on improving operational tasks as relates to improving efficiency, productivity, spend and labor tasks
Continuously search for process improvement to increase efficiencies

Education/Experience

Bachelor's degree in accounting or finance; advanced degree preferred
7+ years progressive experience within accounting/finance with specialty in manufacturing cost accounting
Proven record in assisting operational leadership with understanding and improving processes to support bottom line results

Certifications/Other Skills and Abilities

Certified Management Accountant (CMA) preferred
Strong skills with Microsoft Office, including Excel, Word, PowerPoint, and you for your interest in our company.

Example 11

Company

Xtreme Powerline Construction, Inc. is a full-service electric power contractor for transmission, distribution and street lighting. Xtreme Powerline Construction builds, rebuilds, repairs, restores and maintains distribution/transmission circuits across multiple states for power and utility companies.

Salary

$70,000 $80,000 per year.

Job Description

Job Cost Accountant

Xtreme Powerline Construction is looking to add a job cost accountant to our team.

The job cost accountant role will work closely with project managers, superintendents and general foremen in the financial reporting of jobs. The ideal candidate will have expertise in analytics and metrics measurement with experience in developing, refining and improving processes and systems.

Responsibilities

Manage cost and carry out valuations on larger projects.
Examine, analyze and evaluate data to track job profitability.
Prepare financial reports and budgets based on the percentage of completion method of accounting.
Interpret, implement and monitor procedures to ensure job costing reports are reported in compliance with generally accepted accounting principles.
Analyze post contract revenue and costs, explain the variances between budgeted and actual numbers.
Reconcile scope changes that occur and assist project managers and general foreman to ensure data is accurate.
Provide support to design and construction teams.
This position requires an organized individual with the capacity to handle multiple projects simultaneously, work well under pressure, and to prioritize work effort, all with minimal supervision.

Qualifications

Bachelor's degree in Accounting or Finance.
Extensive (5+) years of professional experience in job cost accounting.
Experience in a construction environment beneficial.
Technical capability to prepare, analyze, and interpret financial and operations data/reports.
Proven ability to lead and motivate a team in a multi-tasking environment.
Superior organizational skills required to deal with multiple high priority duties.
Demonstrated strategic thinking and business acumen to see the big picture.
Excellent communication skills (written and verbal) and presentation skills.
Highly proficient with MS Office products, advance Excel knowledge is strongly preferred.

Benefits

Simple IRA

Health Insurance

Dental Insurance

Vision Insurance

Paid time off

Job Type: Full-time

Pay: $70,000.00 - $80,000.00 per year

Benefits:

401(k)
Dental insurance
Health insurance
Paid time off
Vision insurance

Physical Setting:

Office

Schedule:

Monday to Friday

Ability to commute/relocate:

Port Huron, MI 48060: Reliably commute or planning to relocate before starting work (Required)

Experience:

Accounting: 5 years (Preferred)
Cost accounting: 5 years Location: One location

Example 12

What does a career at Oxford mean?
A career at Oxford means becoming a part of a diverse group of remarkable professionals that work hard and play hard. We hire the best, train like crazy, and take care of our people like family. Our work style is collaborative, open, and welcoming of new ideas.

What we offer:
Oxford offers a competitive base salary and generous bonus structure, as well as a hybrid work schedule. Full-time employees are eligible for our comprehensive health/dental/vision care coverage, short-term & long-term disability and life insurance, 401(k) plan with employer match, generous paid time off, paid holidays, and on-site gym access.
Ready to make a change and join a dynamic team of dedicated and experienced professionals?
*
JOB Summary: *
This position is responsible for supporting the overall effectiveness of the financial functions within the organization. The Cost Accountant will apply cost effectiveness and revenue optimization measures, and maintain accurate and reliable financial accounts that are available on a timely basis.

JOB Duties:
Core duties and responsibilities include the following. Other duties may be assigned.

1. Lead efforts in establishing, updating, monitoring, and analyzing multi-project budget and cost control reports (including but not limited to budgets, funding sources, subcontract commitments, change orders, contingencies, allowances, general conditions, forecasts, risk analysis, etc.)
2. Generate over/under variance reports with supporting analysis.
3. Actively participate in change management and forecasting processes.
4. Oversee identification of risks and opportunities.
5. Oversee adherence to corporate cost control policies and procedures.
6. Lead and generate multi-project financial gross margin reports.
7. Perform analytical reviews, validations and audits to support internal and external cost control requirements.
8. Prepare and process Owner AIA invoices, subcontractor pay requests and associated backup documents (i.e., sworn statements, lien waivers, etc.)
9. Initiate and participate in process improvement initiatives.
10. Proactively apply problem solving techniques in supporting team requirements.
11. Effectively collaborate with colleagues and project team members.
12. Supervise and provide oversight to one or more cost analyst support staff, where required.
13. Other projects as assigned by Controller and/or CEO.

Supervisory Responsibilities:
This position may supervise an additional cost analyst support staff where required.

JOB Requirements:
1. Bachelor's degree in Accounting/Finance, Business, or Construction Management (or related) and minimum 5 years' experience, or equivalent.
2. Strong financial background with analytical and numerical proficiency.
3. Proficiency in job cost accounting software (including but not limited to: Sage, Timberline, or Yardi Construction).
4. Demonstrate strong oral and written communication skills; ability to correspond in a professional, businesslike manner and speak effectively before groups of customers and colleagues.
5. Excellent budgeting and planning skills.
6. Evidence of being detail-oriented with a strong ability to think and communicate strategically.
7. Excellent communication skills and general willingness to go extra mile when needed.
8. Perform all job duties with a positive attitude.

Covid-19 vaccination Type: Full-time

Example 13

Company:

Fluresh is a modern wellness company dedicated to empowering patients to confidently improve their well-being through cannabis. Our goal is to provide the Michigan marketplace with a growing portfolio of high-quality, branded cannabis products that are safe, reliable and trustworthy. Fluresh has two state-of-the-art integrated operations in Adrian and Grand Rapids, Michigan, to grow, harvest, process, provision and package the highest quality premium medical cannabis product to allow patients to make the right choice with trust, dependability, consistency, and care.

Position Summary:

Fluresh is seeking a Senior Cost Accountant to join our finance and accounting team in Grand Rapids, Michigan. Reporting to the Controller, the Senior Cost Accountant will be responsible for the development on standard costing and will work to implement or improve the financial systems and data used to support cultivation and manufacturing processes. Our ideal candidate has an entrepreneurial spirit and must be a self-starter who is highly organized with great attention to detail.

Essential Duties and Responsibilities:

Assist in the development of a bill of materials for all products, as well as implementing cost standards for materials, labor, and overhead
Analyze changes in product design, raw materials, manufacturing methods or services provided to determine effects on cost
Validate the cost of goods sold as part of a standard costing system during the close process
Assist with inventory observations and cycle count programs with facility managers, suppliers, and external auditors
Work with the Controller to development financial models for each facility
Assist wtih the month-end & year-end close process
Investigate significant trends/variances for cost reduction regarding material, labor, overhead, and other types of costs related to manufacturing products
Assist with implementation of the ERP and other reporting tools
Work cross-functionally with operations on various projects designed to increase through-put, decrease costs and increase efficiencies.
Understand and articulate operational issues and their impact in order to assist with operational decision making
Evaluate and improve business controls impacting manufacturing and inventory
Assist with the creation and maintenance of production/harvest cycle planner and other cultivation and manfucturing KPIs
Work cross-functionally with company departments and external partners
Other duties as assigned

Required Experience, Education, and Skills

1 to 2 years of cost accounting experience is a MUST
Ability to travel up to 50% of the time. Travel is initially limited to Michigan.
Bachelor's degree in Accounting or Finance
1 to 2 years of public/private experience preferred
CPA strongly preferred
Advanced proficiency in MS Excel and MS Office required
Experience with financial accounting systems is a plus (Microsoft Dynamics)
Strong interpersonal skills and consistent follow through on assigned tasks
An entrepreneurial spirit that will enjoy working for start-up in a fast-paced environment
Capacity to work beyond your comfort level and desire to learn new skills
Ability to work independently in a highly organized manner

Job Type: Full-time

Benefits:

401(k) matching
Dental insurance
Flexible spending account
Health insurance
Paid time off
Vision insurance

Schedule:

Monday to Friday

Education:

Bachelor's (Preferred)

Experience:

Accounting: 1 year (Preferred)
Cost accounting: 1 year (Required)
ERP systems: 1 year (Preferred)
Public accounting: 1 year (Preferred)

License/Certification:

CPA (Preferred)

Willingness to travel:

50% Location: One location

Example 14

Lead the development of annual plan and report-out processes and formats as relates to manufacturing standard and variance cost accounting
Prepare monthly operational reports explaining material, labor and overhead efficiency and productivity costs in comparison to plan
Prepare monthly standard and gross margin analyses as well as monthly cost of goods manufactured' and cost of goods sold' statements
Work with the Inventory Analyst and Director of IT to understand current reporting metrics, develop improved reports and fully understand inventory transactions as relates to the general ledger
Acts as the finance lead for annual physical inventory and monthly cycle counts; work with the operational resources responsible for these processes to assure timely and accurate financial reporting implications
Works with Pricing Manager to analyze, discuss and suggest adequate pricing based on operational costs within the facility
Lead the annual standard cost development and roll of same
Prepare and maintain standard adjusting journal entries with related support as relates to operational cost accounting and monthly inventory book to perpetual
Support external audit and tax preparation functions as relates to cost accounting
Support the CFO and Controller in responding to inquiries from management, auditors, headquarters and other authorities regarding cost accounting issues, data in reports, financial information and policies and procedures related to cost accounting as well as SOX compliance
Review current and suggest additional operational reports to properly assess the financial implications of manufacturing activities
Suggest projects focused on improving operational tasks as relates to improving efficiency, productivity, spend and labor tasks
Continuously search for process improvement to increase efficiencies

Education/Experience

Bachelor's degree in accounting or finance; advanced degree preferred
7+ years progressive experience within accounting/finance with specialty in manufacturing cost accounting
Proven record in assisting operational leadership with understanding and improving processes to support bottom line results

Certifications/Other Skills and Abilities

Certified Management Accountant (CMA) preferred
Strong skills with Microsoft Office, including Excel, Word, PowerPoint, and you for your interest in our company.

Our mission

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What does a 4465231accounting17.29accountant10.76cost accountant3.77staff accountant3.43senior accountant1.04630607207235000.0080266.65143000.00YEARLY45244552025-10-012025-10-312025-09-012025-09-302025-11-05Cost Accountant do?

Cost Accountants are typically employed at consulting firms, accounting agencies or in-house accounting departments at large companies to analyze a company’s expenditures and create reports to advise on improving efficiency and reducing financial waste. They review a company’s financial documents and recommend new accounting procedures that could improve cash flow and make it easier to understand and itemize expense reports. Cost Accountants use financial software to identify inconsistencies and irregularities in operational costs and model the impact of possible budget changes on a company’s financial health. Their role is to improve financial efficiency and give data-driven advice to company leadership.

Cost Accountant skills and qualifications

An excellent 4465231accounting17.29accountant10.76cost accountant3.77staff accountant3.43senior accountant1.04630607207235000.0080266.65143000.00YEARLY45244552025-10-012025-10-312025-09-012025-09-302025-11-05Cost Accountant should understand the principles of financial accounting and how it can be used to create a budget for a business. To do this, they use a variety of technical and soft skills, including:

Advanced knowledge of mathematics and statistics
Understanding of organizational accounting concepts
Strong financial analysis skills
Ability to prepare financial reports and give recommendations based on available data
Superior knowledge of financial reporting software tools and ERP software
Ability to perform risk and security assessments
In-depth knowledge of financial guidelines and regulations
Excellent attention to detail
Effective communication, including writing, speaking and active listening
Collaboration and teamwork

Cost Accountant salary expectations

Common salary: 80266.65 YEARLY
Typical salaries range from 35000.00 - 143000.00 YEARLY
Find more information on Indeed Salaries

*Indeed data – 2025-10-01

Cost Accountant education and training requirements

A Cost Accountant needs a bachelor’s degree in accounting, finance, business administration or another related field. This degree provides candidates with a good understanding of business accounting, financial management, economics and ethics. Some candidates may also have a master’s degree in management accounting or similar fields and may be qualified for Senior Cost Accountant roles or Cost Accountant positions with specialized or leadership responsibilities.

Valuable certificates include the Certified Management Accountant (CMA) certification, which is for candidates who pass the two-part exam and have at least two years of work experience. Some candidates may also be Certified Public Accountants (CPAs).

Cost Accountant experience requirements

Entry-level candidates likely have some professional experience from internships and other practical learning opportunities completed during their undergraduate study. Some entry-level candidates may have 1 or 2 years of professional experience as an Accounting Assistant, Assistant Cost Accountant or another accounting role.

Candidates with 3 or more years of experience may be suitable for positions that require working with little additional training. Some candidates may also have years of experience as a 4465231accounting17.29accountant10.76cost accountant3.77staff accountant3.43senior accountant1.04630607207235000.0080266.65143000.00YEARLY45244552025-10-012025-10-312025-09-012025-09-302025-11-05Cost Accountant and are likely familiar with common and specialized tasks.,

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Frequently asked questions about Cost Accountants

Cost Accountants and Managerial Accountants both provide expert consultations on a company’s financial choices, but Cost Accountants focus exclusively on expenses while Managerial Accountants consider all of a company’s operations when planning budgets and making recommendations. Cost Accountants compute overall expenses, project long-term costs and look for ways to spend less money, while Managerial Accountants also address revenue sources and other aspects of a business. Managerial Accountants are often part of the leadership team and use qualitative observations and reports produced by Cost Accountants to make predictions about the direction of a company.

On a typical day, Cost Accountants process large amounts of expense information through bookkeeping software, financial documents and industry research. They study the market to produce cost standards for large expenses such as salaries, materials and shipping, then compare actual company expenditures to these standards. Cost Accountants compile information into weekly, monthly, quarterly and yearly financial reports and perform cost-benefit analysis on the business’s key expenses. They also conduct valuations on inventory and company assets, monitoring variation in value and cost over time.

Good Cost Accountants are excellent at multi-tasking, paying attention to detail and recognizing patterns in large sets of information. They enjoy working independently and are highly curious, allowing them to perform in-depth analysis and seek out the possible causes of a company’s high costs. Successful Cost Accountants are organized and focused, recording key information and noting what influenced their reports so they can easily pull up source data or correct unbalanced ledgers.

Three individuals are sitting at a table with a laptop, a disposable coffee cup, notebooks, and a phone visible. Two are facing each other, while the third’s back is to the camera. The setting appears to be a bright room with large windows.

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Cost Accountant Job Description: Top Duties and Qualifications

Cost Accountant duties and responsibilities

Cost Accountant Job Description Examples

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What does a 4465231accounting17.29accountant10.76cost accountant3.77staff accountant3.43senior accountant1.04630607207235000.0080266.65143000.00YEARLY45244552025-10-012025-10-312025-09-012025-09-302025-11-05Cost Accountant do?

Cost Accountant skills and qualifications

Cost Accountant salary expectations

Cost Accountant salary expectations

Cost Accountant education and training requirements

Cost Accountant experience requirements

Job description samples for similar positions

Frequently asked questions about Cost Accountants

Hire your next Cost Accountant today.

Job Description Examples

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Cost Accountant Job Description: Top Duties and Qualifications

Cost Accountant duties and responsibilities

Cost Accountant Job Description Examples

Example 1

Example 2

Example 3

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Build your Cost Accountant job description in minutes.

What does a 4465231accounting17.29accountant10.76cost accountant3.77staff accountant3.43senior accountant1.04630607207235000.0080266.65143000.00YEARLY45244552025-10-012025-10-312025-09-012025-09-302025-11-05Cost Accountant do?

Cost Accountant skills and qualifications

Cost Accountant salary expectations

Cost Accountant salary expectations

Cost Accountant education and training requirements

Cost Accountant experience requirements

Job description samples for similar positions

Frequently asked questions about Cost Accountants

Hire your next Cost Accountant today.

Job Description Examples

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