Cost Accountant

LIGHTPATH TECHNOLOGIES 1 • Orlando, FL

2d • Onsite

About The Position

LightPath Technologies, Inc. is a leading global provider of precision optics and photonics solutions, serving defense, aerospace, medical, and industrial markets. With decades of expertise and a strong culture of innovation, LightPath designs and manufactures advanced optical components and systems that power some of the world’s most demanding applications. We offer a collaborative, technology-driven environment, opportunities to work on cutting-edge programs, and a comprehensive benefits package that supports our employees’ health, growth, and work-life balance. We are currently looking for a Cost Accountant to join our team onsite in our Orlando, FL office. We offer a 9/80 work schedule and foster a professional, high-energy culture where employees are empowered to succeed. This position is responsible for collecting, analyzing and reporting on production-related costs, with a focus on enhancing operational efficiency and driving profitability. This position requires a strong analytical mindset to support operational efficiency and strategic decision-making within the organization.

Requirements

• Strong analytical, problem-solving, and critical thinking skills.
• Excellent organizational, time management, and attention to detail.
• Effective communication skills with the ability to present complex financial data in a clear and actionable manner.
• Ability to work collaboratively with cross-functional teams to drive cost-saving initiatives.
• Self-driven, adaptable, and able to manage multiple priorities in a fast-paced, deadline-oriented environment.
• Bachelor’s degree in Accounting, Finance or related field.
• 3-5 years of progressive cost accounting within a manufacturing or production environment.
• Advanced proficiency in Excel and familiarity with accounting software and ERP systems.

Responsibilities

• Cost analysis and control: Track, analyze, and report on all manufacturing costs, including direct materials, direct labor, and overhead. Identify cost trends, analyze spending variances, and recommend cost-saving opportunities.
• Standard cost maintenance: Develop and update standard costs for all manufactured products. Work with cross-functional teams, including engineering and production, to ensure Bills of Materials (BOMs) and routing are accurate.
• Financial reporting: Prepare comprehensive cost reports, margin analysis by product, and inventory valuation reports for management. Assist in month-end and year-end close processes, focusing on cost of goods sold (COGS) and inventory accounts.
• Inventory management: Oversee inventory valuation, reconcile inventory accounts, and coordinate physical inventory counts and cycle counts. Investigate discrepancies to ensure accurate financial data.
• Budgeting and forecasting: Support the budgeting and forecasting processes for manufacturing costs and provide insights into cost assumptions and trends.
• Cross-functional collaboration: Partner with operations, procurement, and other departments to improve cost control, process efficiency, and overall operational performance.
• Process improvement: Proactively identify and lead initiatives to streamline cost accounting processes, enhance data accuracy, and implement best practices.
• Compliance and auditing: Ensure compliance with Generally Accepted Accounting Principles (GAAP) and company policies. Assist with internal and external audit requests related to cost and inventory.

Benefits

• We offer a collaborative, technology-driven environment, opportunities to work on cutting-edge programs, and a comprehensive benefits package that supports our employees’ health, growth, and work-life balance.
• We offer a 9/80 work schedule and foster a professional, high-energy culture where employees are empowered to succeed.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 101-250 employees