Cost Accountant

CPM Holdings, Inc.•Waterloo, IA

About The Position

CPM Holdings, Inc. is seeking a highly motivated Cost Accountant to support the finance function within its Industrial Solutions market segment. The position supports cost accounting activities at a U.S. site and helps ensure the accuracy and integrity of manufacturing costs, inventory, and product costing. It provides financial insight to support operational performance, cost control, and continuous improvement. Initially, the role reports to the North America Controller. Strong performance, leadership capabilities, and business impact may create opportunities to expand the role, take on additional responsibilities, and advance within the organization. Occasional travel is required to support business needs.

Requirements

2–5 years of cost accounting experience in a manufacturing environment.
Bachelor of Arts degree in Accounting or Finance.
Hands-on experience with standard costing.
Experience supporting monthly close and inventory accounting.
Strong understanding of BOMs, routings, absorption, and manufacturing accounting.
Experience working with ERP systems, such as SAP or Oracle.
Positive attitude and excellent interpersonal skills in a team environment.
Motivated self-starter with the ability to prioritize workload and manage deadlines.
Occasional travel to support business needs.

Responsibilities

Maintain and administer the standard cost system, including setting up, reviewing, and updating bills of material (BOMs), routings, labor rates, and overhead rates.
Perform inventory accounting and control, including inventory valuation, reconciliations, cycle counts, physical inventories, and analysis of inventory reserves and obsolescence.
Manage and monitor production orders, including timely and accurate closures, reviewing labor and material postings, and resolving variances before close.
Prepare and analyze manufacturing variances, including material usage, labor efficiency, labor rate, overhead spending, overhead absorption, and yield variances.
Support the business with cost estimates and analysis for customer quotations, including material, labor, overhead, and margin analysis to ensure accurate and competitive pricing.
Assist with budgeting and forecasting related to manufacturing costs, inventory levels, and production volumes.
Foster a culture of accountability, collaboration, and continuous improvement.
Perform other ad hoc duties as required.