What are the responsibilities and job description for the Senior Cost Accountant position at Piping Rock?
We are seeking an experienced Senior Cost Accountant to ensure accurate inventory valuation, provide transaction-level cost visibility, and deliver financial insights across our manufacturing operations. This role is responsible for the integrity of every inventory movement and partners with Finance and Operations to support month-end close, improve cost efficiency, and inform business decisions.
Responsibilities:
Inventory Transactions and Month End Close
- Review and validate all inventory transactions weekly, including receipts, issues, transfers, cycle count adjustments, and production postings
- Determine the balance sheet and profit and loss (P&L) impact of each transaction, and resolve miscoded or unusual entries before month-end close
- Lead inventory reconciliations, roll-forwards, and subledger-to-general ledger tie-outs, tracing variances to source transactions
- Audit inventory transaction history for errors, duplicates, and timing issues to ensure accurate inventory balances
- Support month-end close activities for inventory and cost of goods sold (COGS)
Cost Accounting and Analysis
- Analyze actual costs using purchase order costs, with labor and overhead valued at standard cost, and trace variances to the originating transactions
- Prepare and review COGS reports and reconciliations, ensuring they tie to the underlying inventory transactions
- Analyze costs by lot and transaction to provide visibility into margins
- Maintain cost structures and validate cost data against bills of materials (BOMs)
Reporting and Controls
- Prepare monthly inventory reserve analyses and cost reporting packages
- Maintain inventory schedules and supporting documentation with full traceability to individual transactions
- Support cycle counts and physical inventories, reconcile count results to recorded transactions, and investigate discrepancies
- Support audits by providing transaction-level detail and documentation
- Ensure inventory transactions flow accurately between ERP systems and the general ledger
Operations Partnership
- Partner with manufacturing and operations teams to analyze expenses and recommend reclassifications as needed
- Review P&L expenses and provide insights that improve cost control and efficiency
- Identify opportunities to enhance processes, reporting, and cost accuracy
All other duties as assigned.
Qualifications
- Bachelor’s degree in accounting or finance
- 10 years of cost accounting experience in a manufacturing environment
- Hands-on experience reviewing, reconciling, and troubleshooting high volumes of inventory transactions
- Strong understanding of inventory accounting and standard costing methodologies
- Advanced Microsoft Excel skills, including PivotTables and data analysis
- Experience with ERP systems (NetSuite and/or BatchMaster preferred)
- Strong analytical, organizational, and problem-solving skills
- Effective communication skills and the ability to collaborate across functions
- Ability to work independently and collaboratively in a fast-paced environment
We proudly offer: Medical, Dental, Vision, 401K with Company Match, Pet insurance and more!
We reward the hard work of our team members with fun and exciting company events, Summer Picnic, Festive Packages, Holiday Celebrations, and associate referral bonuses!
Founded in 2011, Piping Rock Health Products has gone on to win Long Island’s Top Workplaces Award 6 years in a row & securing the spot as Top Supplement Manufacturing Company 2024 by Food Business Review! Supported by a group of vitamin visionaries with over 40 years of industry experience and a carefully curated team of talented associates. Piping Rock is a global vitamin and supplement manufacturer with an unwavering commitment to creating quality wellness products. We believe that family always comes first, and that the dedication of our associates is the key ingredient to our success.
We are a drug free workplace, regulated by the FDA, required to follow Federal Guidelines; therefore in order to start as well as maintain employment, you must be able to successfully clear drug screening processes, which include testing for all illegal substances per Federal Guidelines.
Piping Rock Health Products, Inc is an Equal Opportunity Employer.
Salary : $90,000 - $110,000