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Financial Analyst
Willoughby, OH

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Geartec Inc

Cost Accountant/Financial Analyst in Willoughby

Job Description

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Job Ref:
3167576372
Employer:
Network Company Name:
Geartec Inc Industry:
Accounting/Auditing Job Type:
Full Time State:
Ohio City:
Willoughby Zip Code:
44094
Post Date:
09/02/2026 Job Summary Responsible for job costing, financial analysis, and reporting in a CNC machining and gear cutting job shop environment. This role owns job-level cost tracking from quote to close - analyzing actual vs. estimated costs on machined and gear-cut parts, maintaining machine and labor rates, and partnering with and shop floor leadership to protect margins on every job. Key Responsibilities
  • Maintain job cost records for each work order, capturing material, direct labor, machine time, tooling, and outside processing (heat treat, plating, grinding, gear inspection)
  • Analyze actual vs. quoted/estimated costs at job close-out; report margin erosion and root causes (setup overruns, cycle time variances, scrap, rework)
  • Develop and maintain machine hour rates by work center (CNC lathes, mills, hobbing, shaping, gear grinding) including depreciation, tooling, and overhead
  • Support estimating/quoting with cost data on setup times, run times, material yield, and outside service costs; perform quote vs. actual analysis to improve future quoting accuracy
  • Track and analyze setup vs. run time by job and machine; identify low-margin part numbers and customers
  • Reconcile WIP by job and perform monthly WIP valuation, including percent-complete assessment on long-running jobs
  • Monitor scrap, rework, and first-pass yield by job, machine, and operator; quantify cost impact
  • Track perishable tooling costs (inserts, hobs, cutters, grinding wheels) and allocate to jobs/work centers
  • Cost and reconcile raw material (bar stock, forgings, castings)
  • Analyze capital requests for new machines (ROI, payback, capacity impact on machine rates)
  • Support month-end close: WIP-to-finished goods transfers, COGS, inventory reserves (slow-moving, obsolete), and job cost journal entries
  • Assist with physical inventory and cycle counts of raw material, WIP, tooling, and finished goods
  • Partner with operations and purchasing on cost reduction and pricing decisions
  • Provide backup & support to Division Controller on critical job functions (Banking, payroll, financial close, KPI & Scorecard reporting, special projects & initiatives as assigned) Qualifications
  • Bachelor's degree in Accounting, Finance, or related field
  • 2-5 years of cost accounting experience in a job shop, machine shop, or manufacturing environment
  • Working knowledge of job costing, machine hour rate development, and WIP accounting
  • Familiarity with routings, work orders, and shop floor data collection (labor/machine time reporting)
  • ERP experience with job shop systems (e.g., JobBOSS, E2/ProShop, Global Shop, Epicor, Infor, or similar)
  • Advanced Excel skills (pivot tables, lookups, cost models)
  • Solid understanding of GAAP as applied to inventory and cost of sales
  • CPA, CMA, or progress toward certification a plus
  • Ability to walk the shop floor and communicate effectively with machinists and supervisors Preferred Experience
  • Exposure to gear manufacturing processes (hobbing, shaping, gear grinding, heat treatment) and their cost drivers
  • Experience supporting quoting/estimating in a make-to-order environment PI73b5-