Cost Accountant

Workspace Plus•Suring, WI

3h•$80,000 - $110,000•Onsite

About The Position

The Cost Accountant is responsible for maintaining the integrity and accuracy of product costs, providing margin and profitability visibility across business units, and partnering with Supply Chain, Operations, and Finance to drive cost transparency and informed decision-making. This role owns the standard costing process and requires a very strong command of absorption accounting, leading monthly absorption and variance analysis and supporting inventory valuation and business-unit-level P&L reporting (Caseworks, Spaces, IMH, and Education). The Cost Accountant is a key analytical partner to the business, translating operational activity into financial insight.

Requirements

Bachelor’s degree in Accounting, Finance, or a related field.
At least 5 years of cost accounting experience; manufacturing experience is a plus.
Strong working knowledge of standard costing, absorption costing, and variance analysis.
Very strong understanding of absorption accounting, including the calculation and analysis of over/under absorption.
Hands-on experience with an ERP system (e.g., SAP, Oracle, NetSuite, Microsoft Dynamics, or similar); Sage Intacct experience a plus.
Advanced Excel skills; experience with BI/reporting tools is a plus.
Proficiency with Microsoft Office Suite

Nice To Haves

Manufacturing experience is a plus.
Sage Intacct experience a plus.
Experience with BI/reporting tools is a plus.
CMA certification is a plus (not required).

Responsibilities

Update and maintain labor and overhead rates, ensuring they reflect current operational realities.
Perform monthly absorption review and report on over/under absorption with supporting commentary.
Conduct monthly standard routing reviews to validate routing steps, run times, and resource assignments.
Execute cost roll-ups and ensure costs are accurately reflected at the item and assembly level.
Review orders and production activity to confirm proper cost capture and identify anomalies.
Manage inventory revaluation and reconciliation, cost adjustments, RMA (return) costing, and landed cost application.
Own and govern product costing methodology, including the application of average vs. standard costing and the rationale for each.
Perform variance analysis across materials, labor, overhead, and purchase price variance (PPV); investigate root causes and recommend corrective action.
Lead cost deep dives into specific products, processes, or cost drivers as needed.
Maintain bill of materials (BOM) accuracy and cost master data within the ERP system.
Set and refresh annual standard costs, coordinating the cost change process across functions.
Support new product introduction (NPI) costing and provide cost estimates for quoting and pricing decisions.
Manage inventory valuation and costing, ensuring inventory is stated accurately on the balance sheet.
Analyze slow-moving, excess, and obsolete (E&O) inventory and maintain appropriate reserves.
Support cycle counts and physical inventories.
Provide product margin visibility and analysis to support pricing, mix, and profitability decisions.
Prepare and analyze business-unit-level P&L for Caseworks, Spaces, IMH, and Education.
Support month-end and quarter-end close for cost of goods sold, inventory, and related accounts, including journal entries and accruals.
Perform balance sheet account reconciliations for inventory and cost-related accounts.
Deliver ad hoc analysis and reporting to operations and leadership, partnering across functions to answer business questions.
Maintain and adhere to internal controls over inventory and costing processes.
Identify and support cost reduction and margin improvement initiatives.
Contribute to make-vs-buy analyses and capital project / spending tracking.
Recommend and implement improvements to costing processes, reporting, and system configuration.