Cost Accountant

Norma Precision Inc•Garden City, GA

15h•Hybrid

About The Position

The Cost Accountant is responsible for analyzing, monitoring, and reporting manufacturing costs to support operational efficiency, inventory accuracy, and financial performance. This position plays a critical role in maintaining standard costing systems, analyzing production variances, managing inventory accounting, and supporting the monthly financial close process. The Cost Accountant partners closely with Manufacturing, Supply Chain, Operations, and Finance teams to provide accurate cost data and actionable insights for business decision-making.

Requirements

Bachelor's Degree in Accounting, Finance, or related field.
Three to five years of accounting experience, preferably in a manufacturing environment.
Experience with inventory accounting, standard costing, and cost analysis.
Experience using ERP systems in a manufacturing setting.
Strong understanding of cost accounting principles, inventory accounting, and manufacturing operations.
Advanced Microsoft Excel skills including pivot tables, lookups, and financial modeling.
Ability to analyze large data sets and present meaningful conclusions to management.
Strong analytical and problem-solving skills.
Excellent verbal and written communication skills.
Highly detail-oriented with exceptional organizational abilities.
Ability to work independently and collaboratively in a fast-paced manufacturing environment.
Ability to maintain confidentiality of financial and operational information.
Strong understanding of internal controls and financial reporting requirements.

Responsibilities

Maintain and analyze standard costs for raw materials, work-in-process, and finished goods.
Perform monthly inventory reconciliations and ensure inventory records are accurate and complete.
Analyze manufacturing variances, including labor, material usage, scrap, overhead, and production efficiencies, and provide recommendations for improvement.
Monitor and maintain Bills of Material (BOMs), routings, and production costing structures within the ERP system.
Support month-end, quarter-end, and year-end financial close activities related to inventory and cost accounting.
Prepare journal entries and reconcile general ledger accounts related to inventory, manufacturing costs, and cost of goods sold.
Conduct cycle count and physical inventory audits and investigate inventory discrepancies.
Collaborate with Production, Quality, Purchasing, and Operations teams to identify cost-saving opportunities and improve profitability.
Assist in the development and monitoring of manufacturing budgets, forecasts, and annual operating plans.
Prepare financial analyses and reports regarding production costs, margins, labor utilization, and manufacturing performance metrics.
Support internal and external audits by providing requested documentation and analyses.
Evaluate the financial impact of process improvements, capital investments, and operational changes.
Assist with implementation and maintenance of inventory controls and accounting procedures.
Ensure compliance with company policies, accounting standards, and internal controls.
Perform special projects, analyses, and other duties as assigned.
Other duties as assigned will be performed.