Cost Accounting Intern

Teledyne Technologies Incorporated • Chestnut Ridge, NY

1d • $44,500 - $59,300 • Onsite

About The Position

The Cost Accounting Intern will work closely with the Accounting and Finance team to gain hands-on experience in cost accounting within a manufacturing environment. This internship provides exposure to inventory accounting, standard costing, financial reporting, budgeting, and inventory control processes while supporting ongoing business initiatives and special projects. This position is ideal for a student pursuing a degree in Accounting or Finance who is interested in learning about manufacturing operations and cost accounting practices.

Requirements

• Currently pursuing a Bachelor's degree in Accounting, Finance, or a related business field.
• Rising Junior, Senior, or graduate student preferred.
• Minimum GPA of 3.0 preferred.
• Basic understanding of accounting principles and financial statements.
• Strong analytical, organizational, and problem-solving skills.
• Proficiency in Microsoft Excel; experience with Word and PowerPoint preferred.
• Ability to work with large data sets and maintain attention to detail.
• Strong verbal and written communication skills.
• Ability to manage multiple assignments and meet deadlines.
• Self-motivated with a willingness to learn and take initiative.
• Demonstrated ability to work effectively in a team environment.
• Interest in manufacturing operations, inventory management, and cost accounting.

Nice To Haves

• Prior internship, coursework, or project experience related to accounting, finance, manufacturing, or supply chain is a plus.
• Interest in pursuing a career in Cost Accounting, Manufacturing Finance, or Corporate Accounting.
• Exposure to ERP systems such as SAP is a plus.
• Interest in manufacturing, operations, and product costing.
• Curiosity about how products are designed, manufactured, and costed.
• Desire to develop technical accounting and financial analysis skills.
• Strong work ethic, positive attitude, and eagerness to learn in a fast-paced environment.

Responsibilities

• Assist with inventory analysis, reconciliations, and supporting schedules.
• Support inventory control activities, including cycle count reviews and variance investigations.
• Assist in analyzing purchase price variances (PPV), work order variances, and manufacturing costs.
• Help prepare monthly account reconciliations and journal entry support schedules.
• Assist with maintaining standard costs and product cost information within the ERP system.
• Support work-in-process (WIP) inventory analysis and aging reviews.
• Help prepare manufacturing cost reports and management reporting schedules.
• Assist with budgeting, forecasting, and variance analysis activities.
• Support internal and external audit requests by gathering data and preparing documentation.
• Participate in special projects related to inventory management, cost accounting, process improvements, and ERP initiatives.
• Collaborate with Accounting, Operations, Supply Chain, Engineering, and Manufacturing personnel on various projects and assignments.
• Perform other duties as assigned.

Benefits

• The anticipated salary range listed for this role is only an estimate. Actual compensation for successful candidates is carefully determined based on several factors including, but not limited to, location, local regulations (such as minimum wage), education/training, work experience, key skills, and type of position.

What This Job Offers

• Career Level: Intern