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Cost Accountant

Columbus McKinnon Corp

NC

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JOB DETAILS
SKILLS
Accounting, Accounting Close, Accounting Policies, Analysis Skills, Bill of Materials (BOM), Budgeting, Communication Skills, Concrete, Continuous Improvement, Corporate Policies, Cost Accounting, Cost Control, Cost Forecasting, Cost Modeling, External Audit, Facilities Management, Federal Laws and Regulations, Finance, Financial Analysis, Financial Operations, Financial Reporting, Generally Accepted Accounting Principles (GAAP), Gross Margin, Internal Audit, Inventory Costs, Inventory Cycle Counts, Inventory Management, Journal Entries, Maintain Compliance, Microsoft Access Database, Microsoft Excel, Microsoft Outlook, Microsoft PowerPoint, Microsoft Word, Physical Inventory, Presentation/Verbal Skills, Problem Solving Skills, Process Improvement, Product Profitability, Production Costing, Profit & Loss, Profit & Loss Analysis, Project Planning, Purchasing/Procurement, Reconciliation, Root Cause Analysis, State Laws and Regulations, Supply Chain, Team Player, Time Management, Variance Analysis
LOCATION
NC
POSTED
22 days ago

Job Summary/Overview

The Cost Accountant will support the financial and operational performance of the Wadesboro facility by managing cost accounting processes, inventory valuation, variance analysis, and financial reporting. This role partners closely with operations, engineering, and supply chain teams to provide actionable insights that drive profitability and efficiency.

Essential Duties and Responsibilities

  • Analyze and report on production costs, including material, labor, and overhead variances
  • Maintain and validate standard costs, including BOMs, routings, and cost rollups
  • Monitor and reconcile inventory balances, including cycle counts and physical inventory
  • Investigate cost and inventory variances and partner with operations to identify root causes
  • Support monthly, quarterly, and annual close processes, including journal entries and reconciliations
  • Perform work order variance analysis and ensure proper financial disposition
  • Provide gross margin and profitability analysis by product, customer, and production line
  • Collaborate with supply chain and procurement to analyze purchase price variance
  • Assist with budgeting, forecasting, and cost modeling activities
  • Support internal and external audits related to inventory and cost accounting
  • Drive continuous improvement initiatives focused on cost reduction and process efficiency
  • Ensure compliance with company policies, GAAP, and internal controls
  • Support inventory adjustments, cycle counts, and deficiency reporting
  • Other duties as assigned

Knowledge, Skills, Competencies, and Abilities

  • Ability to solve practical problems and deal with a variety of concrete variables in situations where limited standardization exists
  • Proficient in Excel, Word, Access, Outlook, and PowerPoint software
  • Ability to effectively present information in one-on-one and small group situations to Suppliers and other employees of the organization
  • Maintains a collaborative, team relationship with peers and colleagues to effectively contribute to the group's achievement of goals and to help foster a positive work environment
  • Demonstrates a friendly, responsive, service-minded attitude to all internal and external customers
  • Demonstrates a willingness to accept change and new approaches, including additional responsibilities
  • Sets work plans and considers priorities for completing assignments to meet deadlines
  • Maintains compliance with all state and federal regulations
  • Effective communicator, both verbal and written
  • Exhibits a high level of integrity

Required Qualifications

  • Bachelors degree (B. A.) from four-year college or university in accounting or related field.
  • 0-2 years of experience in accounting, finance, or related field

About the Company

C

Columbus McKinnon Corp

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