Cost Accountant III (Sr Cost Accountant)

Panasonic•Sparks, NV

7d•Hybrid

About The Position

The Cost Accountant III provides advanced cost accounting, operational reporting, and business analysis support within a dynamic manufacturing environment. This role is responsible for product costing, manufacturing cost analysis, and ensuring accurate financial postings for production and related activities. The position plays a key role in financial close processes, inventory control, and variance analysis, partnering closely with Operations and FP&A teams to provide insights that drive efficiency and cost improvements. By leveraging expertise in SAP and cost accounting principles, the Cost Accountant III supports compliance, internal controls, and continuous improvement initiatives across the organization.

Requirements

Bachelor’s degree in Accounting, Finance, Economics, or a related discipline
4-6 years of cost accounting experience in a manufacturing environment
Strong knowledge of accounting principles and procedures (GAAP, IFRS)
Proficiency in SAP cost accounting
Advanced Microsoft Office skills, especially Excel and database functions
Ability to work effectively in both office and manufacturing environments
Effective communication and teamwork skills
Ability to handle confidential information responsibly
Resilient, self-motivated, and able to perform under pressure
Ability to operate independently with minimal supervision
Must have working-level knowledge of the English language, including reading, writing, and speaking English
Alignment to Panasonic’s seven (7) core principles (contribution to society, fairness and honesty, cooperation and team spirit, untiring effort for improvement, courtesy and humility, adaptability, gratitude)

Nice To Haves

Experience with SAP S4/Hana
Background in multi-application IT environments, including electronic interfaces
Experience with warehouse, stock management, and manufacturing operations
Experience working with domestic and international teams
CMA: Certified Management Accountant
CPA: Certified Public Accountant
MBA: Master of Business Administration

Responsibilities

Serve as the primary contact for Operations managers on production cost accounting and cost center expense analysis, in collaboration with the FP&A team
Establish and maintain accurate product costing in SAP S4/Hana, verifying master data and calculation methods
Calculate, investigate, and follow up on production, operational, and purchasing variances (Inventory, Absorption, PPV, etc.), directing improvement opportunities to the business
Perform raw material standard vs. actual variance analysis and cost development reviews
Demonstrate knowledge of fixed asset acquisition, capitalization, and life cycle activities
Provide technical and practical support for monthly financial close, production-related settlements, cycle counts, and inventory audits
Perform GL account reconciliations to ensure accurate financial postings
Assist in the preparation and analysis of manufacturing and supply chain reports
Review vendor invoices for raw material purchases and follow up on discrepancies
Support cost accounting efforts for maintaining JSOX internal controls
Assist with internal and external audit inquiries and samples
Contribute to the development and maintenance of accounting policies and procedures
Collaborate on multidisciplinary projects, driving solutions and process improvements
Apply advanced understanding of supply chain workflows, manufacturing processes, and maintenance order activities as they relate to the general ledger
Complete work efficiently and accurately, ensuring timeliness of deliverables
Provide various administrative and practical support as needed