Cost Accountant

Location: Oakdale, MN

Employment Type: Full-time

Our client is seeking a detail-oriented and experienced Cost Accountant to join their finance team

The Cost Accountant will play a pivotal role in analyzing and reporting on the company's cost structure, ensuring accuracy in cost allocation, and supporting financial decision-making through detailed cost analysis

This position requires strong analytical skills, an in-depth understanding of cost accounting principles, and a commitment to process improvement.

• Perform detailed cost analysis for raw materials, labor, overhead, and other manufacturing costs
• Ensure accurate allocation of costs to products and services by analyzing job order costings and process costing systems
• Monitor and report on variances between actual costs and standard costs, identifying causes and providing recommendations for correction
• Assist in developing and monitoring budgets, forecasts, and financial plans in relation to cost structures
• Work closely with the inventory team to ensure proper costing, reconciliation, and valuation of inventory
• Analyze product margins, profitability, and pricing strategies, providing actionable insights to management
• Maintain and improve internal controls related to cost accounting, ensuring compliance with accounting standards and company policies
• Support month-end and year-end close processes related to cost accounting, including journal entries, reconciliations, and financial reporting
• Participate in process improvement initiatives to enhance efficiency and reduce costs

• Bachelor's degree in Accounting, Finance, or a related field.
• 2+ years of experience in cost accounting, preferably in a manufacturing or industrial environment.
• Strong knowledge of cost accounting principles, GAAP, and relevant financial regulations.
• Proficiency in ERP systems (Epicor, SAP or similar) is required along with excellent Microsoft Excel proficiency
• Excellent analytical, organizational, and problem-solving abilities.
• Strong attention to detail and accuracy.
• Ability to work both independently and as part of a cross-functional team.

• 100% in office work model is currently being utilized by this client

• $67,000 - $85,000 annual salary based on experience