Cost Accounting Manager - LHH : Job Details

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Accounting, Finance and Professional Staffing Executive Recruiter

Manager of Cost Accounting (Hybrid)

Position Overview: Our client is seeking a highly skilled and motivated Manager of Cost Accounting to join their team in a hybrid role based in Bergen County, NJ. The ideal candidate will be responsible for developing and reconciling inventory and cost standards, including production and overhead costs. This role involves tracking and evaluating day-to-day activities, establishing financial status by developing and implementing systems for collecting, analyzing, verifying, and reporting information. The candidate will work closely with the leadership of operations and supply chain teams to ensure accurate and efficient cost accounting processes.

Key Responsibilities:

• Manage monthly, quarterly, and annual financial closing processes for costing and inventory modules, ensuring accuracy of transactions and entries.
• Prepare and review inventory and cost accounting journal entries and account reconciliations.
• Provide explanations for fluctuation analysis of worldwide gross margins.
• Review manufacturing variances and collaborate with operations teams to reduce them.
• Generate accurate and timely inventory and costing reports for operations teams.
• Analyze standard costs and review standard cost roll-ups for new products and production operations.
• Investigate and resolve large variances before finalizing rolling standards.
• Collaborate with operations teams to analyze inventory for potential excess and obsolete reserves.
• Directly interface with the Directors of Manufacturing
• Interact with internal/external auditors and provide analysis and audit schedules.
• Ensure compliance with internal control procedures.
• Provide management oversight to the cost accounting team and offer informal feedback and coaching.
• Conduct annual performance reviews for team member(s).

Position Requirements:

• Bachelor's degree in accounting or finance with an emphasis in accounting.
• A minimum of five years of cost accounting experience using a standard cost model in the manufacturing industry.
• Three years of hands-on management experience, including overseeing and supervising cost accountant(s).
• Comprehensive understanding of manufacturing variances, overhead absorption, and standard costs.
• Detailed experience with inventory and Cost of Goods Sold (COGS) accounts reconciliations and related accounting.
• Experience with month-end closing and working in a fast-paced environment.
• Experience with inventory cycle count process.
• Advanced skills in Microsoft Excel, including creating Pivot Tables, V-Lookups, data merges, filters, and if statements.
• Advanced Microsoft Suite skills, including MS Teams.
• Excellent written and verbal communication skills and the ability to communicate with various functional areas, including operations, material planning, and warehouse teams.

Preferred Qualifications:

• Experience with Systems, Applications, and Products in Data Processing (SAP).
• SOX with operations experience.
• C.P.A. license

If you are a detail-oriented professional with a strong background in cost accounting and a passion for improving financial processes, apply today to contribute to our client's mission of achieving financial excellence and operational efficiency.

Seniority level

• Seniority levelNot Applicable

Employment type

• Employment typeFull-time

Job function

• Job functionAccounting/Auditing and Analyst
• IndustriesAccounting and Manufacturing

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