Cost Analyst

Job Title:

Cost Analyst/Accountant Location:

Groton, CT Salary Range:

$75,000 - $85,000 plus a 10% bonus eligibility.

Schedule:

Hybrid Schedule (4 days in office and 1 remote day) - Flexible start time 7:00am or 8:00am 40 Hours a week

Position Overview:

A fast-growing, global manufacturing organization is seeking a Senior Cost Analyst to support cost accounting, inventory control, and operational finance activities at a large-scale production facility in Groton, CT . This highly visible role partners closely with Operations, Engineering, Supply Chain, Procurement, and Finance , serving as a key contributor in driving accurate product costing, margin optimization, and operational decision-making. The Senior Cost Analyst will play a pivotal role in standard costing, gross margin analysis, budgeting and forecasting, inventory integrity, and continuous improvement initiatives . This position is ideal for a manufacturing-focused cost accounting professional who thrives in a hands-on environment and enjoys translating complex financial data into actionable business insights for plant leadership and Senior management.

Key Responsibilities:

Cost Accounting & Financial Analysis Support monthly close, budgeting, and forecasting processes by preparing, analyzing, and validating cost-related financial data. Oversee standard cost structures , analyze variances, and evaluate gross margin performance across product lines. Administer the annual standard cost update process , including cost build-ups, labor and overhead rates, and product cost allocations. Perform part and job cost analyses , including annual and ad-hoc cost rolls, ensuring alignment with operational activity. Prepare journal entries, perform account reconciliations, and support month-end and year-end close activities . Inventory & Manufacturing Support Partner with Operations and Supply Chain on inventory control activities , including cycle counts, physical inventories, audits, and root cause investigations. Analyze WIP, material usage, labor, overhead absorption, scrap, and yield , identifying trends, risks, and improvement opportunities. Collaborate with Engineering to provide accurate costing data for Bills of Materials (BOMs) and routing changes. Support purchasing, materials management, and vendor cost analysis to improve cost visibility and control. Business Partnership & Continuous Improvement Act as a trusted financial advisor to Operations and Manufacturing leadership on cost comparisons, make/buy decisions, and operational efficiency initiatives. Monitor key cost drivers and operational KPIs , proactively identifying opportunities for cost reduction and process improvements. Analyze material, labor, overhead, vendor, and raw material cost trends in partnership with Manufacturing, Procurement, and Supply Chain teams. Create and present clear, actionable reports and insights to plant leadership and Senior management. Respond to ad-hoc financial modeling, reporting, and analysis requests from Operations and Finance teams.

Qualifications:

3-5+ years of progressive cost accounting experience in a manufacturing environment. Strong understanding of financial and managerial accounting principles , including standard costing and variance analysis. Demonstrated ability to analyze complex cost data and communicate insights to non-financial stakeholders . Proven experience partnering cross-functionally with Operations, Engineering, Supply Chain, and Finance . Strong organizational skills with the ability to manage multiple priorities and deadlines in a fast-paced environment.

What We Offer:

Join a growing, manufacturing-driven company with strong leadership and long-term stability. High visibility role with direct impact on plant performance and profitability . Collaborative culture with strong cross-functional exposure. Clear opportunities for career growth and advancement within finance and operations. Competitive compensation up to $85,000 , comprehensive benefits, and a flexible hybrid schedule. Job Type & Location This is a Permanent position based out of Groton, CT. Pay and Benefits The pay range for this position is $70000.00 - $85000.00/yr. Will be provided to candidate upon a offer extension. Workplace Type This is a hybrid position in Groton,CT. Application Deadline This position is anticipated to close on May 25, 2026. About Aston Carter Aston Carter provides world-class corporate talent solutions to thousands of clients across the globe. Specialized in accounting, finance, human resources, talent acquisition, procurement, supply chain and select administrative professions, we extend the capabilities of industry-leading companies. We draw on our deep recruiting expertise and expansive network to meet the evolving needs of our clients and talent community with agility and excellence. With offices across the U.S., Canada, Asia Pacific and Europe, Aston Carter serves many of the Fortune 500. We are proud to be a ClearlyRated Best of Staffing® double diamond winner for both client and talent service. The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law. If you would like to request a reasonable accommodation, such as the modification or adjustment of the job application process or interviewing process due to a disability, please email astoncarteraccommodation@astoncarter.com for other accommodation options.

San Francisco Fair Chance Ordinance:

Pursuant to the San Francisco Fair Chance Ordinance, for all positions located in the city and county of San Francisco, we will consider for employment qualified applicants with arrest and conviction records.

Massachusetts Lie Detector:

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability. Use of Artificial Intelligence (AI): We may use Artificial Intelligence (AI) to support parts of our hiring process, including sourcing, screening, and evaluating candidates. AI helps assess applications and qualifications, but final decisions are made by our hiring team. By applying, you acknowledge and agree that your application may be reviewed using AI tools.