Cost Accountant (53877)

BEST FORMULATIONS LLC•Industry, CA

7h•$90,000 - $100,000•Onsite

About The Position

We are a trusted partner to our customers when it comes to innovation and have one of the strongest R&D, product formulation and technical teams in the industry. We are recognized as the leader in plant-based softgel innovation and our ability to encapsulate difficult formulas. We seek out innovation across our entire business and pass that knowledge and expertise to our customers. As a Cost Accountant, your responsibilities will be performing cost analyses and preparing budget reports. They will possess excellent analytical skills along with the ability to combine different data and calculate profit margins. They also create detailed reports that present cost-effective solutions for the company. This role is critical in managing and analyzing company costs, ensuring financial accuracy, and supporting strategic decision-making. The ideal candidate possesses strong analytical skills, advanced cost accounting knowledge, and experience with ERP systems.

Requirements

Bachelor’s degree in Accounting, Finance, or related field; CPA or CMA preferred.
Three to five (3–5) years of experience in cost accounting or corporate accounting.
Experience in a manufacturing environment required; nutraceutical industry experience highly preferred.
Strong understanding of GAAP and technical accounting concepts.
Advanced proficiency in Excel and ERP systems (SAP, Process Pro, or similar).
Knowledge of SOX compliance requirements.
Experience in cost of goods analysis and product profitability.
Strong organizational skills with ability to manage multiple priorities.
Excellent analytical, problem-solving, and communication skills.
High attention to detail and ability to interpret complex data sets.
Ability to work independently and collaboratively in a fast-paced environment.

Responsibilities

Perform detailed cost analysis, budgeting, forecasting, and variance analysis to support financial planning.
Review new product costs for accuracy and completeness; prepare cost of goods budgets based on BOM and routing details.
Identify fixed vs. variable costs and key profitability drivers; analyze product profitability and recommend cost-effective solutions.
Compare planned costs to actuals, investigate variances, and advise management on key issues related to product costs.
Prepare and analyze cost reports to monitor expenses and identify cost-saving opportunities.
Maintain accurate general ledger records and reconcile accounts (Inventory, PPV, Labor, Overhead).
Manage month-end and year-end closing processes, including journal entries and inventory reconciliations.
Support compliance with SOX controls and implement effective internal controls.
Collaborate with operations to evaluate capital expenditures and ROI.
Assist in financial report writing and provide clear summaries for stakeholders.