Cost Accountant - Standard Costing Specialist

Morgan Advanced Materials • New Bedford, MA

2d

About The Position

Morgan Advanced Materials is a global organization with a rich history and a focus on innovation, founded in the UK in 1856. They specialize in advanced ceramic and carbon materials to solve complex customer problems across various markets. The company is purpose-driven, aiming to use advanced materials to enhance sustainability and improve quality of life. The Technical Ceramics business specifically engineers high-performance functional and structural ceramic materials, components, and sub-assemblies. Morgan Advanced Materials has a significant global presence with approximately 8,500 employees, manufacturing in over 20 countries, and is listed on the London Stock Exchange as part of the FTSE 250 Index.

Requirements

• Bachelor's degree in Accounting, Finance, or related field.
• Minimum of 3–5 years of cost accounting experience in a manufacturing environment, with proven experience setting up standard costs.
• Strong understanding of manufacturing processes, BOMs, routings, and cost allocation methodologies.
• Proficiency with ERP systems (e.g., Microsoft D365, SAP, Oracle) and advanced Excel skills.
• Excellent analytical, organizational, and communication skills.
• Ability to work cross-functionally and manage multiple priorities in a dynamic environment.
• Citizen of the United States, or Permanent resident alien of the United States, or Protected individual as defined by 8 U.S.C. 1324b(a)(3) as defined by 22CFR120.15

Nice To Haves

• Experience with ERP implementations or cost reengineering projects.

Responsibilities

• Lead the development and implementation of standard costs for materials, labor, and overhead across all manufacturing operations.
• Collaborate with operations, engineering, and procurement to analyze BOMs, routings, labor, and overhead drivers to establish accurate cost standards.
• Conduct time studies in collaboration with production and engineering teams to establish accurate labor standards and production rates.
• Establish standard costs using the gross margin method, especially for new or customized products, by working backward from target pricing and desired margin levels.
• Develop a process to monitor and report on cost variances (material, labor, and overhead), including root cause analysis and follow-up with relevant departments.
• Develop a process for the annual standard cost roll up, including updates for new products, process changes, and inflationary factors.
• Provide cost modeling and scenario analysis to support pricing, capital investments, and strategic planning.
• Ensure compliance with company policies, internal controls, and SOX requirements (if applicable).

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level