What are the responsibilities and job description for the Cost Accountant position at Cornwell Quality Tools Co.?
Description
Join the Cornwell Quality Tools Family as a Cost Accountant!
Own your future at Cornwell Quality Tools!
As part of an Employee-Owned company, you benefit directly from your effort and our success. Join the Cornwell Family where your talent and contributions are rewarded every day! For over 100 years, Cornwell Quality Tools has been the trusted choice of professionals worldwide, delivering top-tier tools and unrivaled quality. Learn more here at www.cornwelltools.com
What is in it for you:
• Top-tier medical plan with some of the lowest premiums in the area
• Affordable dental and vision coverage to support overall wellness
• Paid medical leave to promote recovery and a healthy workplace
• Generous paid time off (PTO) and paid holidays to help you recharge
• Competitive wages that reflect your skills and align with market standards
• Employee Stock Ownership Program (ESOP), letting you share in the company’s success
• Life insurance and Accidental Death & Dismemberment (AD&D) coverage for added peace of mind
• Short- and long-term disability insurance for income protection during unforeseen events
• 401(k) retirement plan eligibility to help you plan for long-term financial security
• Employee Assistance Program with free, confidential support services
• A positive, engaging work culture with events like a family summer picnic, employee recognition meals, and more
Your Role:
• Analyze manufacturing costs for materials, labor, inventory, and overhead; investigate variances and key cost drivers
• Lead review and validation of bills of materials (BOMs), routings, labor standards, and operational processes
• Perform time studies and cost analyses to support accurate labor and overhead allocations
• Evaluate cost impacts of product, material, equipment, or process changes
• Partner with plant operations, engineering, and finance to improve cost accuracy and reporting; observe processes and gather cost data within manufacturing environments
• Develop, document, and maintain standard costing methodologies and allocation methods
• Support ERP system conversion, including data validation, testing, and reconciliation
• Provide management with cost insights, recommendations, and reporting to support decision-making
• Assist with audits, budgeting, forecasting, and continuous cost improvement initiatives
• Perform additional accounting or analytical duties as assigned
What we’re looking for:
• 5 years of cost accounting experience in a manufacturing environment, preferably in discrete or light assembly-based production
• Experience analyzing standard vs. actual costs, reviewing BOMs, and evaluating labor and overhead allocations
• Experience supporting ERP implementations, system conversions, or major process changes strongly preferred
• Bachelor’s degree in accounting, finance, or related field preferred (or equivalent experience)
• Strong understanding of cost accounting principles and methodologies
• Analytical and quantitative problem-solving skills with strong attention to detail
• Ability to interpret complex financial data and communicate insights to non-financial stakeholders
• Strong written and verbal communication skills
• Proficiency in Microsoft Excel (pivot tables, lookups; macros a plus)
• Experience with ERP systems (Microsoft Dynamics 365 strongly preferred; SAP, Oracle, or similar acceptable)
Physical Demands:
• Primarily sedentary work with occasional walking and standing
• Occasional exertion of up to 10 pounds of force
• Frequent use of hands, wrists, and fingers for computer-based work
Work Environment:
• Generally not exposed to adverse environmental conditions
• Occasionally exposed to a manufacturing environment, including proximity to machinery and production equipment
• Regular use of computer systems and standard office equipment
Ready to make a difference? Apply today and experience the rewards of being part of a team that values excellence and your professional growth!
Requirements
An equal employment opp