Cost Accountant

About this role

Summary
Determines and implements cost accounting procedures and methods in a manufacturing environment. Determines and maintains standard costs and inventory valuation accuracy for all items. Forecasts costs for new projects and validates existing costs. Team player in a growing business. Ensure compliance with CAS and ASC 606 revenue recognition. Review and analyze variances, maintain standard cost and adhere to Crissair/ESCO SOX program.


Job Duties And Responsibilities
Other tasks and duties may be required as directed.

• Cost Accounting & Standard Cost Management

• Review, analyze, and reconcile standard and actual costs, identifying inaccuracies, trends, and opportunities for improvement.
• Analyze manufacturing variances (labor, material, overhead, usage, and rate variances) and recommend corrective actions; update standard costs as needed.
• Develop, maintain, and validate standard cost system settings, routings, bills of materials, and overhead rates to ensure accurate and timely financial transactions.
• Take ownership and manage annual cost rolls.

• Cost Estimating & Pricing Support

• Research, develop, and prepare detailed cost estimates for all new part numbers, engineering changes, and customer quotations, including materials, labor, overhead, and outside processing.
• Prepare and present cost and margin analyses to support pricing decisions, profitability analysis, and management reporting.
• Assist in budgeting and forecasting activities, including overhead rate development and cost assumptions.

• Manufacturing & Operations Cost Analysis

• Partner with operations and engineering to review and validate routings and labor standards, ensuring alignment with actual production processes.
• Develop and implement processes and internal controls to ensure accurate recording of actual labor times, machine hours, and production activity.

• Inventory Accounting & Control

• Calculate and maintain perpetual inventory values, including i...