We are looking for a Cost Accountant to support manufacturing operations by delivering accurate product costing, inventory valuation, and financial insight that strengthens profitability. This role partners closely with production and leadership teams in Ocean Springs, Mississippi to evaluate cost drivers, explain performance trends, and identify practical ways to improve material usage, labor efficiency, and overall plant performance. The ideal candidate brings strong analytical ability, hands-on manufacturing accounting experience, and a disciplined approach to maintaining reliable cost data.
Responsibilities:
- Build, update, and manage standard costs for manufactured items while ensuring core cost inputs such as bills of materials, routing details, labor assumptions, machine rates, and overhead allocations remain current and accurate.
- Develop cost models for materials, labor, and production activity to support product launches, pricing discussions, quotation requests, and management decision-making.
- Examine actual material consumption against expected usage, identify unfavorable trends in scrap or yield, and quantify the financial effect of waste, rejects, startup loss, and other production variances.
- Review direct labor performance by comparing actual hours and spending to established standards, highlighting efficiency gaps, overtime impact, and staffing patterns that influence cost performance.
- Assess machine and production efficiency by analyzing cycle times, downtime, setup activity, utilization levels, and capacity constraints to determine their effect on unit cost and output.
- Prepare and interpret manufacturing variance reports across materials, labor, overhead, inventory adjustments, volume, and operational efficiency, then communicate findings and recommended actions to management.
- Maintain accurate inventory valuation for raw materials, work in process, finished goods, and packaging, including reconciliation between inventory records and the general ledger.
- Participate in physical counts and cycle count activities, investigate discrepancies, and recommend stronger controls for material issuance, production reporting, scrap tracking, and finished goods receipt processes.
- Monitor slow-moving, excess, obsolete, or impaired inventory and provide analysis to support reserve recommendations and inventory management decisions.