Sr. Cost Accountant

Regal Ware Inc•West Bend, WI

just now

About The Position

As a member of the Regal Holdings family, the West Bend Company brings over 100 years of experience to its clients providing high quality cookware products that meet and exceed expectations. We are experts in drawing and finishing high performance stainless steel. We believe the kitchen (and the family table) make up the hub of the home, where everyone belongs. We are all working together to: Be first in mind, first in choice for US manufactured cookware Positively impact the lives of over 1,000,000+ people each year with our innovative and entrepreneurial mindset Create an environment where all employees can do their best work You will love it here if you believe in the following: Everybody matters Do the right thing We are in this together Passion for our customers Service Built Involved Solutions Provider If this sounds like the company for you, your seat at our West Bend Company family table awaits. Your seat at the table: Sr. Cost Accountant You will love this seat if you get, want, and have the capacity to: Standard Costing & Product Cost Management Maintain and update the standard cost system, including material, labor, and overhead allocation methodologies Perform cost roll-ups, bill of materials (BOM) reviews, and routing analysis to ensure accurate product costing Develop and maintain costing for new products, product changes, and engineering revisions Review and update standard costs, labor rates, and overhead rates annually and as operational changes occur Inventory Valuation & Control Oversee inventory valuation, reserves, and reconciliation between the general ledger and subledger Support cycle counts, physical inventory events, and inventory accuracy initiatives Investigate and resolve inventory discrepancies in partnership with operations and supply chain Monitor excess, obsolete, and slow-moving inventory and recommend appropriate reserves Variance & Margin Analysis Analyze manufacturing variances including purchase price, labor, overhead, and production variances Investigate root causes of unfavorable variances and partner with operations on corrective actions Track and report gross margin performance by product line, SKU, and customer Identify trends and provide actionable insights to improve profitability Month-End Close & Financial Reporting Prepare journal entries, accruals, and account reconciliations related to inventory, COGS, and manufacturing costs Ensure timely and accurate close in accordance with the corporate close calendar Prepare cost and inventory schedules to support internal reporting and external audit requirements Maintain documentation supporting internal controls Business Partnership & Decision Support Collaborate with operations, supply chain, engineering, and plant leadership on cost-saving initiatives Provide financial analysis to support make-vs-buy, sourcing, and pricing decisions Support capital expenditure justification, tracking, and post-implementation review Assist with annual budgeting, forecasting, and the annual standard cost roll Continuous Improvement Identify and implement process improvements within the cost accounting function Promote a culture of accuracy, accountability, and continuous improvement across finance and operations Share cost accounting expertise across the finance team to strengthen overall capability This seat reports to: Divisional Controller Our company believes leaders are critical to the success of each individual. Because of this, you will have a leader who: Works with a sense of urgency and aligned purpose Has a passion for our customers and a focus on end consumers Is a servant leader who is collaborative and approachable Has strong ethics and integrity Is courageous and inspirational

Requirements

5+ years of progressive accounting experience, with significant time in a manufacturing or cost accounting environment
Bachelor’s degree in Accounting, Finance, or a related field required
Strong working knowledge of standard costing, variance analysis, and inventory accounting in a manufacturing setting
Experience with IFS or a comparable ERP system, with strong understanding of integration between production and accounting
Advanced Excel skills
Solid understanding of US GAAP and internal control principles
Strong analytical, problem-solving, and root-cause-analysis skills
Excellent communication skills with the ability to translate financial data for non-finance partners

Nice To Haves

CPA or CMA a plus
experience with reporting tools (Power BI, Tableau, or similar) preferred
Experience in a Lean or Six Sigma environment is a plus

Responsibilities

Maintain and update the standard cost system, including material, labor, and overhead allocation methodologies
Perform cost roll-ups, bill of materials (BOM) reviews, and routing analysis to ensure accurate product costing
Develop and maintain costing for new products, product changes, and engineering revisions
Review and update standard costs, labor rates, and overhead rates annually and as operational changes occur
Oversee inventory valuation, reserves, and reconciliation between the general ledger and subledger
Support cycle counts, physical inventory events, and inventory accuracy initiatives
Investigate and resolve inventory discrepancies in partnership with operations and supply chain
Monitor excess, obsolete, and slow-moving inventory and recommend appropriate reserves
Analyze manufacturing variances including purchase price, labor, overhead, and production variances
Investigate root causes of unfavorable variances and partner with operations on corrective actions
Track and report gross margin performance by product line, SKU, and customer
Identify trends and provide actionable insights to improve profitability
Prepare journal entries, accruals, and account reconciliations related to inventory, COGS, and manufacturing costs
Ensure timely and accurate close in accordance with the corporate close calendar
Prepare cost and inventory schedules to support internal reporting and external audit requirements
Maintain documentation supporting internal controls
Collaborate with operations, supply chain, engineering, and plant leadership on cost-saving initiatives
Provide financial analysis to support make-vs-buy, sourcing, and pricing decisions
Support capital expenditure justification, tracking, and post-implementation review
Assist with annual budgeting, forecasting, and the annual standard cost roll
Identify and implement process improvements within the cost accounting function
Promote a culture of accuracy, accountability, and continuous improvement across finance and operations
Share cost accounting expertise across the finance team to strengthen overall capability