Cost and GL Analyst

Humanetics•Farmington Hills, MI

13h

About The Position

The Cost & GL Accounting Analyst is responsible for cost accounting, inventory valuation, and general ledger activities to support accurate financial reporting, cost control, and operational decision-making. The position partners closely with Operations, FP&A, and Corporate Accounting to provide actionable insights, ensure strong controls, and continuously improve accounting processes. Essential Functions & Responsibilities: Cost Accounting & Inventory Maintain and analyze costs, including material, labor, overhead, and subcontracting costs. Maintain cost accounting system that ensures accurate costing and compliance with accounting standards. Perform monthly cost roll-ups and ensure accuracy of bills of materials (BOMs) and routings. Analyze and explain cost variances on material, labor efficiency, overhead absorption. Support inventory valuation in accordance with U.S. GAAP, including raw materials, WIP, and finished goods. Review and monitor obsolete, slow-moving, and excess inventory reserves. Conduct physical inventories and cycle counts, ensuring accurate inventory records and reconciliation of discrepancies. Ensure proper accounting for manufacturing variances and period-end close entries. General Ledger & Financial Close Prepare and post monthly journal entries, including accruals, reclasses, and cost-related adjustments. Maintain Fixed Asset Register and related depreciation Perform monthly, quarterly, and annual close activities in accordance with close calendars. Maintain and reconcile general ledger accounts, including inventory, COGS, manufacturing variances, accruals, prepaid expenses, and reserves. Investigate and resolve GL discrepancies, ensuring accurate and complete financial records. Support intercompany accounting and reconciliations, as applicable. Ensure compliance with company accounting policies and U.S. GAAP. Financial Reporting & Analysis Prepare monthly cost and margin analysis by product, customer for the plant Explain period-over-period fluctuations in P&LSupport preparation of internal management reports and financial review packages for both forecast and BudgetPartner with FP&A to explain cost drivers, margin trends, and forecast variances. Budgeting, Forecasting & Operational Support Support annual budget and rolling forecast processes related to manufacturing and operating costs. Model cost impacts of volume, pricing, and operational changes. Participate in cost reduction and continuous improvement initiatives. Controls, Compliance & Audit Ensure adherence to U.S. GAAP, internal controls, and company accounting policies. Support external audits, where necessary Identify opportunities to improve accounting processes, controls, and close efficiency. Other Significant Role Requirements: Strong attention to detail and ownership mindset Ability to connect operational activity to financial outcomes Clear communicator with cross-functional partners Ability to manage multiple deadlines in a fast-paced close environment Continuous improvement and problem-solving mindset Language Skills:Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public. Reasoning Ability:Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables. Supervision: no Customer Focus: This is a highly visible position with a critical impact on the company’s future. Internal and external contacts include all levels of employees within the company, division management, consultants, and other professional business contacts within the industry. External contacts are key to the effective execution of the objectives of the company. Success in this area is vital for the development of the existing and future business.

Requirements

CPA and Bachelor’s degree in Accounting, Finance, or related field req
3–6 years of experience in cost accounting, general ledger accounting, or manufacturing finance
Strong understanding of costing, inventory accounting, and GL fundamentals
Solid knowledge of U.S. GAAP
Experience in multi-site manufacturing
Experience supporting monthly close and audit processes
Advanced Excel skills (pivot tables, lookups, complex formulas)
Experience working with ERP systems in a manufacturing environment
Strong analytical, organizational, and communication skills
Strong attention to detail and ownership mindset
Ability to connect operational activity to financial outcomes
Clear communicator with cross-functional partners
Ability to manage multiple deadlines in a fast-paced close environment
Continuous improvement and problem-solving mindset
Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.
Ability to write reports, business correspondence, and procedure manuals.
Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
Ability to define problems, collect data, establish facts, and draw valid conclusions.
Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.

Responsibilities

Maintain and analyze costs, including material, labor, overhead, and subcontracting costs.
Maintain cost accounting system that ensures accurate costing and compliance with accounting standards.
Perform monthly cost roll-ups and ensure accuracy of bills of materials (BOMs) and routings.
Analyze and explain cost variances on material, labor efficiency, overhead absorption.
Support inventory valuation in accordance with U.S. GAAP, including raw materials, WIP, and finished goods.
Review and monitor obsolete, slow-moving, and excess inventory reserves.
Conduct physical inventories and cycle counts, ensuring accurate inventory records and reconciliation of discrepancies.
Ensure proper accounting for manufacturing variances and period-end close entries.
Prepare and post monthly journal entries, including accruals, reclasses, and cost-related adjustments.
Maintain Fixed Asset Register and related depreciation
Perform monthly, quarterly, and annual close activities in accordance with close calendars.
Maintain and reconcile general ledger accounts, including inventory, COGS, manufacturing variances, accruals, prepaid expenses, and reserves.
Investigate and resolve GL discrepancies, ensuring accurate and complete financial records.
Support intercompany accounting and reconciliations, as applicable.
Ensure compliance with company accounting policies and U.S. GAAP.
Prepare monthly cost and margin analysis by product, customer for the plant
Explain period-over-period fluctuations in P&LSupport preparation of internal management reports and financial review packages for both forecast and BudgetPartner with FP&A to explain cost drivers, margin trends, and forecast variances.
Support annual budget and rolling forecast processes related to manufacturing and operating costs.
Model cost impacts of volume, pricing, and operational changes.
Participate in cost reduction and continuous improvement initiatives.
Ensure adherence to U.S. GAAP, internal controls, and company accounting policies.
Support external audits, where necessary Identify opportunities to improve accounting processes, controls, and close efficiency.