What are the responsibilities and job description for the Cost Accountant/Financial Analyst position at American Accounting Association?
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Employer Geartec Inc Location Willoughby, Ohio Salary Competitive Closing date Sep 17, 2026
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Focus Area Cost Accounting, Data Analytics, Records & Reporting Role Type Accountant, Analyst Role Level Intermediate Education Level Bachelor's Degree Certifications CGMA – Chartered Global Management Accountant, CISA – Certified Information System Auditor Work Mode Hybrid Employment Type Full Time Organization Type Corporate
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Job Summary
Responsible for job costing, financial analysis, and reporting in a CNC machining and gear cutting job shop environment. This role owns job-level cost tracking from quote to close - analyzing actual vs. estimated costs on machined and gear-cut parts, maintaining machine and labor rates, and partnering with and shop floor leadership to protect margins on every job.
Key Responsibilities
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Employer Geartec Inc Location Willoughby, Ohio Salary Competitive Closing date Sep 17, 2026
View more categoriesView less categories
Focus Area Cost Accounting, Data Analytics, Records & Reporting Role Type Accountant, Analyst Role Level Intermediate Education Level Bachelor's Degree Certifications CGMA – Chartered Global Management Accountant, CISA – Certified Information System Auditor Work Mode Hybrid Employment Type Full Time Organization Type Corporate
Apply now
You need to sign in or create an account to save a job.
Send job
Job Details
Job Summary
Responsible for job costing, financial analysis, and reporting in a CNC machining and gear cutting job shop environment. This role owns job-level cost tracking from quote to close - analyzing actual vs. estimated costs on machined and gear-cut parts, maintaining machine and labor rates, and partnering with and shop floor leadership to protect margins on every job.
Key Responsibilities
- Maintain job cost records for each work order, capturing material, direct labor, machine time, tooling, and outside processing (heat treat, plating, grinding, gear inspection)
- Analyze actual vs. quoted/estimated costs at job close-out; report margin erosion and root causes (setup overruns, cycle time variances, scrap, rework)
- Develop and maintain machine hour rates by work center (CNC lathes, mills, hobbing, shaping, gear grinding) including depreciation, tooling, and overhead
- Support estimating/quoting with cost data on setup times, run times, material yield, and outside service costs; perform quote vs. actual analysis to improve future quoting accuracy
- Track and analyze setup vs. run time by job and machine; identify low-margin part numbers and customers
- Reconcile WIP by job and perform monthly WIP valuation, including percent-complete assessment on long-running jobs
- Monitor scrap, rework, and first-pass yield by job, machine, and operator; quantify cost impact
- Track perishable tooling costs (inserts, hobs, cutters, grinding wheels) and allocate to jobs/work centers
- Cost and reconcile raw material (bar stock, forgings, castings)
- Analyze capital requests for new machines (ROI, payback, capacity impact on machine rates)
- Support month-end close: WIP-to-finished goods transfers, COGS, inventory reserves (slow-moving, obsolete), and job cost journal entries
- Assist with physical inventory and cycle counts of raw material, WIP, tooling, and finished goods
- Partner with operations and purchasing on cost reduction and pricing decisions
- Provide backup & support to Division Controller on critical job functions (Banking, payroll, financial close, KPI & Scorecard reporting, special projects & initiatives as assigned)
- Bachelor's degree in Accounting, Finance, or related field
- 2-5 years of cost accounting experience in a job shop, machine shop, or manufacturing environment
- Working knowledge of job costing, machine hour rate development, and WIP accounting
- Familiarity with routings, work orders, and shop floor data collection (labor/machine time reporting)
- ERP experience with job shop systems (e.g., JobBOSS, E2/ProShop, Global Shop, Epicor, Infor, or similar)
- Advanced Excel skills (pivot tables, lookups, cost models)
- Solid understanding of GAAP as applied to inventory and cost of sales
- CPA, CMA, or progress toward certification a plus
- Ability to walk the shop floor and communicate effectively with machinists and supervisors
- Exposure to gear manufacturing processes (hobbing, shaping, gear grinding, heat treatment) and their cost drivers
- Experience supporting quoting/estimating in a make-to-order environment
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