Cost Accountant

Regal Rexnord•Auburn, AL

10d•Onsite

About The Position

The Cost Accountant will be responsible for developing and maintaining standard costing, analyzing manufacturing costs, and providing actionable insights to improve efficiency and profitability. Reporting directly to the Plant Controller, the role is a critical partner to the plant operations team and the division Finance team in financial and management reporting. This role requires strong analytical skills and the ability to work collaboratively across departments. This position is based onsite 5 days a week in Auburn, Alabama; relocation assistance is not available.

Requirements

Bachelor’s degree in Accounting or Finance.
1-2+ years of experience in accounting or finance role, a Manufacturing setting is a plus.
Strong understanding of accounting principles
Proficiency in Microsoft Excel with the ability to organize data efficiently and effectively, including comfortable use of pivot tables, reference formulas, and basic troubleshooting.
Prior use of SAP or other ERP systems is preferred.
Basic computer literacy and proficiency navigating/learning new software systems is required.
Excellent analytical, organizational, and written and verbal communication skills.
“Restrictions imposed by federal export control laws may limit this job opportunity to candidates who are a “U.S. Person”, which includes U.S. citizens, U.S. nationals, U.S. permanent residents, individuals granted asylum in the United States, and refugees in the United States, or who otherwise can qualify for a license that permits them to hold the position.”

Nice To Haves

Prior use of SAP or other ERP systems is preferred.
1-2+ years of experience in accounting or finance role, a Manufacturing setting is a plus.

Responsibilities

Develop and maintain standard costs for annual revaluation as well as daily regular setup of new materials
Ensure alignment with planning, sourcing, and production teams on direct material pricing, freight, direct labor hours, machine hours, setup times, and other inputs relevant to the accurate valuation of inventory
Compile labor and manufacturing spend reports daily, weekly, or monthly for team use and facilitate regular meetings with department leads to identify risks and opportunities in achieving monthly targets
Analyze production cost variances to understand drivers of favorability or unfavourability. Work with other teams to correct any transactional errors and support follow-up actions addressing improvements.
Prepare and post all accounting journal entries as part of the monthly closing cycle
Support inventory cycle counts and reconciliation
Ensure compliance with GAAP and company policies
Identify and implement process improvements that promote efficient, accurate, reliable, and meaningful use of information for all business partners