Compare your current skills to what this opportunity needs—we'll show you what you already have and what could strengthen your application.
Job Description
We are looking for a skilled Cost Accountant to support manufacturing finance operations for a Contract position based in Groton, Connecticut. This role focuses on cost control, inventory accuracy, and financial reporting in a production environment, while partnering with operational teams to improve visibility into plant performance. The ideal candidate brings strong experience in standard costing, variance review, and month-end accounting activities within manufacturing.
Responsibilities:
Manage inventory count activities, including cycle counts and physical inventory reviews, and investigate discrepancies to improve accuracy.
Establish annual standard costs for existing products and newly introduced materials, ensuring costing data remains current and reliable.
Analyze manufacturing cost performance by tracking production variances and identifying underlying operational drivers.
Review labor and overhead results, including absorption impacts, and provide clear explanations for significant fluctuations.
Prepare and record manufacturing-related journal entries required for the monthly financial close process.
Contribute to budgeting and forecasting efforts by supplying cost data, trend analysis, and operational insights.
Develop and distribute recurring cost and performance reports on a daily, weekly, and monthly basis for finance and operations stakeholders.
Monitor production spending levels and help maintain controls around manufacturing expenses.
Evaluate inventory, purchase price, and other cost variances to support informed decision-making and financial accuracy.