Cost Accountant

Job Summary: The Cost Accountant is responsible for supporting cost accounting, inventory valuation, and financial analysis across the Valve and Electronics business units. This position analyzes manufacturing costs, job profitability, inventory, and cost variances while partnering with Operations, Production, Engineering, and Finance to ensure accurate product costing and financial reporting. The role also supports month-end close, forecasting, fixed asset management, and financial analysis to identify cost drivers and improve overall margin performance.

Responsibilities:

1.Cost Accounting & Variance Analysis:

Track material, labor, and overhead cost variances across custom valve and PCB build jobs
Analyze actual job profitability versus expected performance measures
Liaise with Production and Operations to review favorable and unfavorable cost drivers for completed WIP jobs
Report scrap, rework, and yield losses to stakeholders

2. Inventory Valuation & Control:

Complete monthly inventory reconciliation
Support development and implementation of annual physical inventory count
Liaise with stakeholders to analyze E&O and slow-moving parts and ensure reserves are adequately applied
Manage inventory valuation for Valve and Electronics business units ensuring appropriate carrying values in a FIFO environment
Investigate stock variances discovered during cycle counts
Engage in lower of cost or market review to ensure appropriate inventory carrying value

3.BOM & Routing Maintenance:

Partner with Engineering to ensure cost roll-ups and BOM costing align with current manufacturing processes
Verify labor postings and machine-hour rates applied to manufacturing jobs
Support development of predetermined labor and overhead rates
Partner with Engineering/Production to verify BOMs and routings for new valve designs

4.Financial Reporting & Analysis:

Support month end closing processes
Lead creation of the COGS forecast to support FP&A annual plan development
Analyze and report out on root cause of high and low performing product lines
Oversee full cycle management of fixed assets including CIP, asset additions, disposals, and depreciation schedules
Analyze product cost elements derived from direct materials, labor, fixed and variable overhead costs and assess impact on margin performance
Support stakeholders with financial stage gates for proposed business development projects ensuring targeted ROI/project KPIs are achieved

• Bachelor’s degree in accounting, finance, or a related field.
• 3-5 years of accounting experience, preferably within a manufacturing environment.
• Experience with cost accounting, including material, labor, overhead, and manufacturing variance analysis.
• Working knowledge of inventory accounting, valuation, reconciliations, and physical inventory processes.
• Experience with BOMs, routing, standard or predetermined costs, and job/work order costing preferred.
• Understanding of month-end close, COGS, fixed assets, and general accounting principles.
• Strong analytical and problem-solving skills with the ability to identify and explain cost and margin variances.
• Proficiency in Microsoft Excel and experience working with ERP/accounting systems.
• Ability to work cross-functionally with Finance, Engineering, Production, and Operations.
• Strong attention to detail, organizational skills, and ability to manage multiple priorities.

Medical, Dental, and Vision plans offered
401k plan offered at 90 days
Paid Time Off (PTO) available
Hybrid Work Schedule

This job description is not intended to provide an all-inclusive listing of job-related activities. The incumbent may be requested by management to perform other related activities in place of or in addition to those representative activities noted in this job description.

Work Location: In person