Cost Accountant

Biamp • Beaverton, OR

10d • Onsite

About The Position

We are seeking a skilled and experienced Cost Accountant to join the finance team at Biamp, a leading audio-visual technology manufacturer. The ideal candidate will have a strong background in cost accounting within a manufacturing environment, with a proven ability to analyze and optimize financial data. This role is critical to maintaining the accuracy and efficiency of our cost accounting processes, ensuring precise inventory management, cost control, and financial reporting. As a Cost Accountant, you will play a key role in supporting the financial operations of our firm by ensuring accurate costing, financial analysis, and inventory management. You will collaborate with cross-functional teams to drive continuous improvements and support decision-making related to cost management and profitability.

Requirements

• Strong understanding of cost accounting principles, manufacturing cost drivers, and COGS in a production setting
• Proficiency in inventory management and cost allocation methods
• Hands-on experience with Enterprise ERP systems (e.g., Infor LN or similar)
• Demonstrated Intermediate to Advanced Microsoft Excel skills, including the ability to analyze and present data efficiently
• Strong attention to detail and accuracy in managing financial data
• Strong analytical and problem-solving skills to identify trends, variances, and actionable insights
• Ability to manage multiple priorities in a fast-paced, dynamic work environment
• Ability to work independently, as well as part of a team
• Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams

Responsibilities

• Act as the subject matter expert for costing system processes, ensuring data integrity and accuracy in the ERP system
• Calculate and maintain/update standard costs for raw materials, labor, and overheads
• Perform periodic cost audits to ensure that cost structures are accurate and address discrepancies
• Monitor and analyze inventory levels and valuation, ensuring accurate costing and timely adjustments
• Reconcile inventory balances to general ledger, investigate discrepancies and conduct physical inventory counts when needed
• Analyze and report on variances between standard and actual costs, identifying opportunities for cost reduction.
• Prepare and analyze and explain monthly cost changes, highlighting variances and investigating corrective actions
• Collaborate with production, purchasing, and logistics teams to understand and report on key cost drivers
• Assist in month end close, related to cost of goods sold, inventory, and manufacturing overhead
• Provide recurring reporting on Finished Good Margins and Variable Manufacturing costs and other key performance indicators
• Work with cross-functional teams to calculate and track costs for New Product Introductions
• Monitor product profitability and manufacturing costs, recommending actions to improve cost efficiency and margin performance
• Provide ad-hoc financial analysis and reporting to support business decisions
• Lead or participate in continuous improvement initiatives to enhance cost accounting processes, data collection, and reporting accuracy and efficiency
• Support internal and external audits by providing necessary documentation and ensuring compliance with financial reporting standards and company policies
• Ensure compliance with relevant accounting standards, regulations, and internal controls
• Contribute to the development and maintenance of best practices for cost accounting, reporting, and internal controls
• Assist with other finance and accounting tasks as needed

Benefits

• Medical, Dental, and Vision
• 3 weeks annual PTO and 9 paid holidays
• 401(k) + matching
• Employer-paid base life insurance, short, and long-term disability
• Health savings accounts (with Biamp contribution) and flexible spending accounts
• Tuition reimbursement
• Charitable donation matching
• Discretionary company achievement bonus
• Referral bonuses

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed