Pay Growth
?
out of 5
Not enough data
Not enough info to score pay or growth
Find Jobs
Find Jobs Near You – Available Work in Your Location
Skip to job details
RH
Robert Half
Cost Accountant
Review key factors to help you decide if the role fits your goals.
Job Security
?
out of 5
Not enough data
Calculating job security score...
Total Score
65
out of 100
Average of individual scores
Job Description
We are seeking a detail-oriented and analytical Cost Accountant & Commodity Risk Analyst to join a growing manufacturing organization. This unique role combines traditional cost accounting responsibilities with commodity hedging and risk management, providing a critical link between financial performance, operational efficiency, and market risk exposure. The ideal candidate will have experience in manufacturing cost accounting, strong analytical skills, and an interest in commodity markets, inventory management, and financial risk mitigation strategies.
Key ResponsibilitiesCost AccountingMaintain and analyze product costs, production costs, and customer profitability.
Track material, labor, and overhead costs at the batch, production run, and order level.
Analyze manufacturing variances and identify cost trends, inefficiencies, and opportunities for improvement.
Partner with operations and production teams to improve cost visibility and support continuous improvement initiatives.
Support month-end close activities, including inventory valuation, cost allocations, WIP analysis, and finished goods reconciliations.
Develop and maintain reporting tools that provide insight into material usage, yield loss, downtime, production efficiencies, and profitability.
Assist with enhancing cost accounting processes and ERP system integration to improve real-time reporting and decision-making.
Commodity Hedging & Risk ManagementCoordinate and manage futures contracts used to hedge commodity price exposure.
Monitor commodity markets and identify potential risks and opportunities impacting company margins.
Support the development and execution of commodity hedging strategies.
Analyze hedge effectiveness and provide recommendations to optimize risk management activities.
Reconcile hedge positions, broker statements, and related transactions to ensure accuracy and completeness.
Perform regular reconciliation of physical inventories, customer demand, and open hedge positions.
Ensure compliance with company policies and industry best practices related to hedging and risk management activities.
Partner with accounting and finance teams to ensure accurate recording and reporting of hedge transactions.
Additional ResponsibilitiesAssist with physical inventory counts and inventory valuation processes.
Support year-end financial reporting, audits, and compliance requirements.
Serve as a backup resource for accounts payable, accounts receivable, and general accounting functions.
Participate in process improvement and technology enhancement initiatives.
Assist with special projects and cross-functional assignments as needed.
Key ResponsibilitiesCost AccountingMaintain and analyze product costs, production costs, and customer profitability.
Track material, labor, and overhead costs at the batch, production run, and order level.
Analyze manufacturing variances and identify cost trends, inefficiencies, and opportunities for improvement.
Partner with operations and production teams to improve cost visibility and support continuous improvement initiatives.
Support month-end close activities, including inventory valuation, cost allocations, WIP analysis, and finished goods reconciliations.
Develop and maintain reporting tools that provide insight into material usage, yield loss, downtime, production efficiencies, and profitability.
Assist with enhancing cost accounting processes and ERP system integration to improve real-time reporting and decision-making.
Commodity Hedging & Risk ManagementCoordinate and manage futures contracts used to hedge commodity price exposure.
Monitor commodity markets and identify potential risks and opportunities impacting company margins.
Support the development and execution of commodity hedging strategies.
Analyze hedge effectiveness and provide recommendations to optimize risk management activities.
Reconcile hedge positions, broker statements, and related transactions to ensure accuracy and completeness.
Perform regular reconciliation of physical inventories, customer demand, and open hedge positions.
Ensure compliance with company policies and industry best practices related to hedging and risk management activities.
Partner with accounting and finance teams to ensure accurate recording and reporting of hedge transactions.
Additional ResponsibilitiesAssist with physical inventory counts and inventory valuation processes.
Support year-end financial reporting, audits, and compliance requirements.
Serve as a backup resource for accounts payable, accounts receivable, and general accounting functions.
Participate in process improvement and technology enhancement initiatives.
Assist with special projects and cross-functional assignments as needed.
BENEFITS OFFERED
SALARY RANGE
$75,000-$85,000Healthcare Benefits:
Medical, Denta, VisionOther Insurance:
Basic Life AD&D, Voluntary Life and Disability InsuranceRetirement Plan:
401k with a company matchPTO:
2 weeks PTO and 9 paid holidaysBenefits
- Paid Time Off (PTO)
- 401(k) Plans
- Other Retirement and Savings
- Dental Insurance