Senior Cost Accountant

The Cost Accountant will support financial reporting, cost analysis, budgeting, and inventory management. This individual will analyze production and operating costs, monitor variances, maintain accurate cost records, and identify opportunities to improve cost efficiency and profitability. The ideal candidate has a strong understanding of accounting principles, excellent analytical skills, and the ability to collaborate with operations, purchasing, and finance teams.

Location: Camden, NJ (100% onsite)

Salary: $90,000 - $100,000

Key Responsibilities

• Analyze and monitor product costs, labor expenses, overhead, and manufacturing costs to ensure accuracy and identify cost-saving opportunities
• Prepare and maintain standard costing, actual costing, and cost allocation schedules
• Analyze cost variances, including material, labor, production, and overhead variances, and investigate discrepancies
• Maintain accurate inventory valuations, reconcile inventory accounts, and assist with physical inventory counts
• Support month-end and year-end close activities, including journal entries, accruals, reconciliations, and cost adjustments
• Prepare financial reports and cost analysis to support management decision-making
• Assist with budgeting, forecasting, and financial planning related to production and operating expenses
• Monitor inventory movements, material usage, scrap, waste, and production efficiency
• Reconcile the general ledger to inventory and cost-related subledgers to ensure accurate financial reporting
• Review bills of materials, labor rates, overhead rates, and production cost data for accuracy
• Partner with operations, supply chain, purchasing, and production teams to evaluate cost trends and improve processes
• Assist with audits and ensure compliance with accounting policies, internal controls, and applicable financial reporting standards
• Identify opportunities to improve costing procedures, reporting accuracy, and overall operational efficiency

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field preferred
• 2 years of accounting experience, preferably in cost accounting, manufacturing accounting, inventory accounting, or general ledger accounting
• Knowledge of GAAP and cost accounting principles
• Experience with inventory valuation, cost variance analysis, and account reconciliations
• Proficiency in Microsoft Excel, including pivot tables, lookup functions, and data analysis
• Experience with ERP or accounting systems such as SAP, Oracle, Microsoft Dynamics, or similar platforms
• Strong analytical, problem-solving, and organizational skills
• High level of accuracy and attention to detail
• Ability to manage multiple priorities, meet deadlines, and communicate financial findings effectively