Cost Accountant

Position Summary

The Cost Accountant is a highly visible position that plays a vital role in analyzing all aspects of production, supporting operational efficiency, and identifying opportunities for cost reduction and process improvement. This role will report to the Manager of Financial Planning and Analysis but will work closely with Plant Director and operations teams, on-site, at the production facility.

Key Responsibilities

Cost Accounting & Analysis

• Develop and analyze standard costs for raw materials, packaging, labor, and manufacturing overhead.
• Prepare monthly cost reports and profitability analyses for management.
• Conduct margin analysis by product, customer, and production line.

Inventory Management

• Maintain accurate inventory valuation in accordance with accounting standards.
• Coordinate and participate in physical inventory counts and cycle counts.

Manufacturing Support

• Partner with production managers to analyze labor, material, and overhead costs.
• Assist in evaluating production efficiency and capacity utilization.
• Support new product costing and pricing decisions as well as changes to recipes and processes.

Financial Reporting & Compliance

• Support month-end and year-end closing activities by preparing journal entries related to inventory, manufacturing costs, and cost allocations.

Budgeting & Forecasting

• Assist in the preparation of annual operating budgets and forecasts.
• Monitor actual results against budget and explain variances.
• Develop cost models and financial projections for strategic planning.