Develop, maintain, and update standard costs for raw materials, labor, and overhead
Monitor and analyze cost variances, including material, labor, and overhead variances
Review and adjust standard costs to reflect changes in manufacturing processes and market conditions
Ensure we accurately capture and apply costs to projects across the company
Analyze manufacturing costs and prepare detailed reports on cost performance
Identify trends and variances in production costs and recommend corrective actions
Conduct variance analysis on actual vs. standard costs, explaining reasons for differences
Assist in monitoring and valuing inventory, ensuring accuracy in cost allocation
Collaborate with cross-functional teams to assess processes for improvements in quality, accuracy, and cost
Requirements
Bachelor’s degree in accounting, finance or business administration preferred
7+ years' experience as a cost accountant, cost analyst, or similar role, with a focus on data analysis and knowledge of cost accounting principles and practices
Experience with inventory in a manufacturing environment
Ability to keep organized and demonstrate flexibility in a fast-paced environment
Excellent analytical skills and strong attention to detail
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