SR. COST ACCOUNTANT Position Available In Duval, Florida

SR. COST ACCOUNTANT – JACKSONVILLE,FL

Purpose of Position We are seeking a detail-oriented and analytical Cost Accountant to join our finance team. In this role, you will be responsible for tracking and analyzing the cost of production, evaluating manufacturing processes, and providing financial insights to ensure optimal cost control and efficiency across the organization. You will collaborate closely with other departments, such as production, operations, and supply chain, to help make informed business decisions and improve profitability.

Essential Functions:

Monthly Close Activities and Essential Functions:

Establish and set standard costs for new products
Responsible for year-end cost roll process (calculate revaluation impact, roll standard costs)
Ensure inventory is accurately valued
Track inventory levels, ensuring proper costing methods are applied to raw materials, work-in-progress, and finished goods
Review purchase price variance on raw materials (PPV)
Review production order variances (POV)
Provide accurate and timely reporting of variances between actual and budgeted costs with explanations
Prepare capitalization of manufacturing variances and freight by plants analysis
Prepare consolidated inventory reporting
Reconcile inventory records and assist with periodic physical inventory counts
Ensure accurate and consistent application of cost accounting methods
Track, monitor and analyze cost of goods sold (COGS), including raw materials, labor, and overhead costs
Prepare detailed cost reports to support management in making strategic decisions

Budgeting & Forecasting:

Assist in preparing annual budgets and forecasts by providing cost estimates and projections
Perform regular reviews of actual costs versus budgeted costs and recommend corrective actions as needed

Process Improvement & Efficiency:

Collaborate with production and operations teams to identify opportunities for cost reduction and process improvements
Recommend changes to improve cost efficiency, productivity, and profitability

Internal Controls & Compliance:

Ensure cost accounting practices comply with company policies, industry standards, and financial regulations
Support internal and external audits by providing required cost-related data and documentation

Cross-Functional Collaboration:

Work closely with the sales, purchasing, and production departments to ensure accurate costing and reporting
Provide support in pricing decisions, product profitability analysis, and inventory management

Education and Experience:

Education & Experience:

Bachelor’s degree in Accounting or Finance
5-7 years of experience in cost accounting or a similar role (preferably in a manufacturing or production environment)
CPA or CMA designation preferred

Skills & Competencies:

Strong understanding of cost accounting principles and methodologies
Proficiency in accounting software (e.g., SAP, Infor Syteline)
Intermediate to advanced Microsoft Excel
Analytical mindset with strong attention to detail and accuracy
Excellent communication skills to present cost information to both financial and non-financial stakeholders
Ability to work independently and as part of a team in a fast-paced environment

Benefits:

Competitive salary and benefits package
Health, dental, and vision insurance
Retirement savings plan
Paid time off and holidays