Cost Accountant

Velocity Restorations • Cantonment, FL

133d • Onsite

About The Position

The Cost Accountant is responsible for analyzing, tracking, and reporting on all costs associated with company operations to ensure financial accuracy, profitability, and operational efficiency. This role plays a critical part in establishing standard costs, monitoring variances, improving processes, and advising leadership on cost-related decisions. The Cost Accountant ensures compliance with Generally Accepted Accounting Principles (GAAP) and provides data-driven insights to support strategic and operational goals.

Requirements

• Strong knowledge of GAAP and financial reporting standards.
• Advanced proficiency in Microsoft Excel
• Hands-on experience with a manufacturing ERP, including BOM and router structures, work orders, labor capture, and standard cost setup and roll-up.
• Strong analytical and problem-solving skills.
• High attention to detail and accuracy.
• Ability to communicate complex financial information clearly to non-financial stakeholders.
• Ability to manage multiple priorities and meet deadlines.
• Comfort working on the production floor and ability to partner directly with engineers, technicians, and production leadership.
• Self-directed and able to take full ownership of the costing process with limited oversight.
• Bachelor’s degree in Accounting, Finance, or related field required.
• 3+ years of cost accounting experience, including at least three years in a manufacturing, job-shop, or custom-build environment.
• Demonstrated experience owning standard costing and inventory valuation, including BOM/router maintenance and variance analysis.

Responsibilities

• Analyze fixed and variable costs to determine profit margins and operational performance.
• Set and maintain standard costs for manufactured goods.
• Partner with Engineering to build, validate, and maintain accurate BOMs and routers—including material, labor hours, work-center rates, and outside-processing costs—and keep them current as designs change.
• Work alongside Production to understand build flow, work-order stages, and labor capture, and translate what actually happens on the floor into accurate cost records.
• Analyze actual versus standard material, labor, and overhead by build and report margin by vehicle and program.
• Establish and evaluate costs of business processes including administration, labor, shipping, warranty, and overhead.
• Track inventory levels and monitor cost fluctuations.
• Investigate and resolve cost variances and financial discrepancies.
• Identify trends and recommend cost-reduction strategies to improve profitability and minimize waste.
• Forecast cost-related changes, risks, and financial impact for quarterly and annual planning.
• Perform account reconciliations and maintain accurate general ledger records.
• Prepare cost related analyses and present findings to management.
• Support the management of the company’s balance sheet and accounting records.
• Maintain accurate financial records and review supporting documentation to detect inaccuracies.
• Ensure all financial reporting complies with Generally Accepted Accounting Principles (GAAP).
• Support internal and external audit processes.
• Collaborate cross-functionally to identify root causes of discrepancies and implement corrective actions.
• Partner directly with the Controller on month-end close, margin and variance analysis, and cost-related reporting to ownership.
• Advise executives and upper management on appropriate costing methodologies based on financial data.
• Support departments with invoicing, capital expenditure tracking, and financial analysis.
• Recommend changes to company processes and policies to reduce costs and maximize profit.
• Take ownership of the cost accounting process, documenting procedures, tightening controls, and driving improvements without waiting for direction.
• Develop and implement corrective measures to prevent financial discrepancies.
• Utilize advanced Excel functions to analyze and manipulate large datasets to drive decision-making.
• Maintain a professional appearance and organized work area.
• Perform other duties as assigned.

Benefits

• Pay is based on experience and qualifications
• Health/Dental/Vision/Life/Disability/Aflac available after 60 days
• 401(k) with company match after 6 months at next enrollment period
• Paid time off and paid holidays
• Company sponsored events, tool program, merchandise discounts, friendly team environment

What This Job Offers

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