Senior Cost Accountant

Job Summary:

The Senior Cost Accountant is responsible for providing detailed cost analysis and financial insights to support decision-making in a discrete manufacturing environment. This role involves analyzing production costs, monitoring financial performance, and working closely with cross-functional teams to enhance cost efficiency and profitability. In addition to job responsibilities, other duties may be required to maintain departmental goals.

Key Responsibilities:

Cost Analysis and Reporting:

• Conduct detailed cost analysis for production processes, materials, labor, and overhead.
• Develop, maintain, and improve cost accounting systems and procedures.
• Prepare and present cost reports, variance analyses, and financial forecasts to management.
• Monitor and report on cost trends and identify areas for cost reduction and process improvements.

Budgeting and Forecasting:

• Assist in the preparation of annual budgets and periodic forecasts.
• Work with department heads to develop and manage cost budgets.
• Analyze budget variances and provide actionable recommendations to management.

Inventory Management:

• Oversee inventory valuation and ensure accuracy in inventory reporting.
• Perform regular inventory reconciliations and cycle counts.
• Identify and analyze inventory discrepancies and propose corrective actions.

Planning and Analysis:

• Collaborate with FP&A team to support long-term financial planning.
• Provide financial analysis for capital expenditure projects and new product development.
• Evaluate the financial impact of changes in production processes and product designs.
• Collaborate with Product Design team in Pricing development, BOM and BOO reviews.

Cost Control and Efficiency:

• Identify and implement cost control measures and process improvements.
• Conduct cost-benefit analyses for process changes and improvement initiatives to drive efficiency and productivity.
• Work closely with production and engineering teams to optimize cost efficiency.

Compliance and Internal Controls:

• Ensure compliance with financial regulations and accounting standards – IFRS familiarity preferred.
• Develop and maintain internal controls related to cost accounting.
• Support internal and external audits by providing necessary documentation and analysis.

Qualifications:

• Bachelor’s degree in Accounting, Finance, or related field.
• Minimum of 5-7 years of experience in cost analysis or cost accounting, preferably in a discrete manufacturing environment.
• Strong understanding of cost accounting principles and practices.
• Proficiency in ERP systems and advanced Excel skills.
• Excellent analytical, problem-solving, and decision-making abilities.
• Strong communication and interpersonal skills to collaborate effectively with cross-functional teams.
• Detail-oriented with a strong commitment to accuracy and integrity.
• Must be willing to work flexible hours.

This position reports to the Plant Controller and Finance/Accounting department for Bentley Mills, Inc.

The successful candidate will be responsible for complying with safety rules, environmental regulations and all other Company Policies and Procedures.

Starting pay range: $80,000.00 - 110,000.00

Bentley Mills is an Equal Opportunity/Affirmative Action Employer. Bentley provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

*The “base salary range” provided above is a good faith estimate of what we expect to pay for this position. The range provided is required by CA, CO, CT, MD, NJ, NV, NY, OH, RI, WA State Law. Bentley Mills reserves the right to pay outside of the given range based on a variety of factors including but not limited to: candidate skills and experience, complexity of the job, budgetary factors, and local/geography. Bentley Mills conducts regular reviews of compensation ranges and therefore reserves the right to alter this range at any given time.