Sr. Cost Accountant

Standard Motor Products, Inc.Greenville, SC

About The Position

Established in 1919 and traded on the NYSE, Standard Motor Products, Inc. (SMP) is a leading independent manufacturer and distributor of premium automotive replacement parts utilized in the maintenance, repair, and service of vehicles in the automotive aftermarket. Additionally, SMP provides customized solutions for vehicle control and thermal management products in diversified end markets represented by its Engineered Solutions segment. Globally, SMP employs over 6,000 employees across nearly 40 manufacturing, distribution, and engineering facilities and offices located in North America, Europe and Asia. SMP sells its products primarily to automotive aftermarket retailers, program distribution groups, warehouse distributors, original equipment manufacturers, and original equipment service part operations in the United States, Canada, Europe, Asia, Mexico, and other Latin American countries.

Requirements

  • Bachelor’s degree in Accounting, Finance, or related field
  • 8–10 years of cost accounting experience in a manufacturing environment.
  • Strong understanding of standard costing, inventory valuation, and cost accounting principles.
  • Advanced proficiency with ERP systems (SAP, Oracle, JD Edwards, NetSuite, etc.) and Excel.
  • Excellent analytical, communication, and cross‑functional collaboration skills.
  • Ability to manage multiple priorities and deliver high‑quality work under tight schedules

Responsibilities

  • Assist in quarterly and annual standard cost rolls
  • Perform detailed analysis of cost variances—including PPV, material usage, and overhead absorption—and translate findings into actionable recommendations.
  • Investigate cost trends and partner with operations and procurement to identify cost‑saving opportunities.
  • Review inventory reserves, obsolescence, and slow‑moving items on a quarterly basis in alignment with company policy.
  • Support annual budgeting and periodic forecasting by providing cost assumptions, variance explanations, and trend analysis.
  • Maintain and analyze weekly freight reports, monitoring cost trends and carrier performance.
  • Prepare accurate month‑end freight accruals and journal entries.
  • Apply working knowledge of tariff classifications, HTS codes, and landed cost impacts.
  • Ensure tariff considerations are incorporated into standard costing and pricing models.
  • Monitor regulatory changes and assess financial implications.
  • Prepare quarterly and annual audit schedules and provide clear, well‑documented support for internal and external auditors.
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