Cost Accountant

Vybond•Franklin, KY

41d

About The Position

The Cost Accountant will analyze material, labor, or other expenses to determine production costs, cost of goods sold (COGS), or other cost-related performance measures. In this role, the selected individual will capture and classify cost data to determine the cost associated with products/product lines, project, or departments. Provides cost-related data in support of business decisions or for use in financial reporting.

Requirements

Bachelor’s degree (B.A.) from four-year college or university in Accounting, Finance, Business, or related field
Minimum of 5 years of experience in cost accounting or manufacturing finance
Experience with ERP systems and item master data management
Experience with Microsoft Dynamics 365 or similar ERP system
Advanced Excel skills; experience with data analysis tools (e.g., SQL, Power BI)
Strong analytical and problem-solving abilities
Excellent communication and collaboration skills
Ability to manage multiple projects and priorities effectively

Nice To Haves

CPA, CMA, or other relevant certification is a plus

Responsibilities

Develop and maintain standard costs for all manufactured items.
Analyze variances between standard and actual costs and recommend corrective actions.
Support month-end and year-end closing activities related to cost accounting.
Prepare cost estimates for new products or concepts, formulation changes, cost reductions or cost reduction project calculations and comparative analysis.
Perform weekly task including but not limited to variance reports, journal entries and planning cost updates.
Analyze fully reserved On Hold/SMOOG inventory monthly to determine the disposition of this inventory.
Create and maintain item master data including descriptions, units of measure, costing methods, and classifications.
Ensure consistency and accuracy in item setup across sites and systems.
Maintain speed, routings, and work center costing in alignment with current manufacturing processes.
Create and maintain BOMs and production routings for all manufactured products.
Ensure BOMs and routings reflect current manufacturing processes and material usage.
Collaborate with engineering and operations to update BOMs and routings as needed.
Calculate and maintain machine $/hour rates based on labor, overhead, and depreciation.
Work with finance and operations to ensure accurate cost allocation and absorption.
Identify and implement process improvements to enhance data accuracy and operational efficiency.
Support system upgrades and ERP implementations related to inventory and costing.
Drive continuous improvement initiatives in cost transparency and reporting.
Detail-oriented with strong organizational and analytical skills.
Collaborative mindset with ability to work cross-functionally across departments.
Strong communication skills to translate technical data into actionable insights.
Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
Demonstrate ownership and accountability in delivering high-quality financial data.