Senior Cost Accountant

Millison Casting TechnologySallisaw, OK

About The Position

The Senior Cost Accountant is responsible for overseeing cost accounting and inventory control activities within a manufacturing environment. This role ensures the accuracy of standard costing, inventory valuation, and variance analysis while supporting operational decision-making through date-driven analysis and cost transparency. The position works closely with operations, supply chain, and finance leadership to drive efficiency and financial performance.

Requirements

  • Bachelor’s degree in Accounting, Finance, or related field required
  • Minimum of 2 years of accounting experience, preferably in cost accounting or general ledger within a manufacturing environment
  • Familiarity with USGAAP
  • Advanced proficiency in Microsoft Excel
  • Strong analytical and problem-solving skills
  • Ability to collaborate effectively across departments and communicate financial insights

Nice To Haves

  • Experience with ERP systems (Epicor, SAP, Oracle, or similar) preferred
  • Experience in a manufacturing or production environment
  • Strong understanding of standard costing systems and inventory accounting
  • Ability to manage multiple priorities and meet deadlines in a fast-paced environment
  • Detail-oriented with strong organizational skills

Responsibilities

  • Maintain and update standard costs for materials, labor, and overhead within the ERP system
  • Lead the annual standard cost roll and perform periodic cost updates as needed
  • Analyze and explain material, labor, and overhead variances
  • Monitor the impact of scrap, rework, and yield on product costs
  • Support the quoting and pricing process through detailed cost analysis
  • Ensure accurate inventory valuation under standard costing methods
  • Reconcile the inventory subledger to the General Ledger on a monthly basis
  • Lead physical inventory counts and manage cycle count programs
  • Monitor inventory for aging, slow-moving, and obsolete items
  • Review and validate scrap, damage, and rework transactions (DMR)
  • Partner with production and supply chain teams to identify and analyze cost drivers
  • Track operational metrics such as Overall Equipment Effectiveness (OEE) and scrap rates and their impact on cost performance
  • Provide monthly cost performance reporting and key performance indicators (KPIs)
  • Support budgeting and forecasting processes related to manufacturing costs
  • Perform month-end close activities related to cost accounting
  • Prepare and post cost-related journal entries
  • Analyze inventory reserves and recommend appropriate adjustments
  • Support internal and external audit requests and requirements
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