Cost Accountant

IDEX; Boulder (CO); On-site; USD 67,000 - 101,000; Full time

Benefits offered by this job

Health benefits

401(k) retirement savings

PTO

and more

Job summary

IDEX is seeking a Cost Accountant to manage standard costs, perform monthly closes, and analyze product margins. You will partner with manufacturing to improve cost accuracy and support inventory decisions. Strong GAAP knowledge and Excel automation are essential.

The role reports to the Finance Manager and offers benefits and a path to contribute across diverse business units globally.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field.
• Strong analytical and problem-solving skills with attention to detail.
• Demonstrates integrity and professionalism in all work.
• Solid knowledge of GAAP and accounting concepts.
• Excellent communication and ability to present opinions clearly.
• Advanced proficiency with Microsoft Excel; automate processes where possible.

Responsibilities

• Analyze and maintain standard costs for materials, labor, and overhead.
• Execute monthly, quarterly, and annual close activities and variances.
• Support cost management per GAAP and company policies.
• Assist with annual physical inventory and price/margin analyses.
• Provide timely financial insights to senior management.

Skills

Analytical skills

Excel proficiency

Attention to detail

Integrity and professionalism

Communication skills

GAAP knowledge

Education

Bachelor’s degree in Accounting or Finance

Tools

Microsoft Excel

Job description

If you’re looking for a special place to build or grow your career, you’ve found it. Whether you’re an experienced professional, a recent college graduate or somewhere in between, IDEX is a place where you can apply your existing skills and learn new ones in an environment where you can make an impact. With interesting opportunities in engineering, marketing, sales, supply chain, operations, HR, finance, and more across more than 40 diverse businesses around the globe, chances are, we have something special for you.

Overview

The Cost Accountant is responsible for all aspects of the manufacturing cost accounting function, ensuring accurate product costing, meaningful analysis, and compliance with corporate and GAAP accounting requirements. This role requires a proactive, analytical problem solver who is comfortable driving process improvements, collaborating across departments, and providing clear, actionable recommendations to Senior Management. The position reports to the Finance Manager.

Key Responsibilities

• Analyze and maintain standard costs (material, labor, and overhead), while ensuring accurate product costing and inventory valuation
• Execute monthly, quarterly, and annual close activities, including cost roll‑ups, inventory reconciliations, journal entries, and P&L analysis
• Learn and support cost management processes to ensure accurate and timely product cost and inventory information, in compliance with corporate reporting requirements, U.S. GAAP, and IDEX policies
• Assist with the annual physical inventory process, ensuring integrity of procedures and results
• Support inventory optimization efforts, including identifying excess/obsolete inventory, analyzing process drivers, and maintaining disposition policies
• Assist with annual price book reviews and product margin analyses; support product line P&L reporting
• Support manufacturing operations: Monitor, review, and analyze daily manufacturing activities; provide meaningful, timely variance analyses and root‑cause insights
• Partner with manufacturing to develop and implement efficiency and performance metrics
• Review standards relative to current cost roll‑ups; ensure cost accuracy and support margin analysis
• Evaluate BOM costing accuracy and resolve exceptions
• Perform make‑versus‑buy analyses for components and assemblies
• Participate in lean and productivity improvement initiatives
• Perform ad hoc analysis and assist in creating/maintaining tools to communicate Financial, Commercial, and Operational metrics
• Other ad hoc duties as assigned

Skills & Experience

• Bachelor’s degree in Accounting, Finance, or a related field
• Strong analytical and problem-solving skills with exceptional attention to detail
• Demonstrates the highest standards of integrity and professionalism
• Strong knowledge of GAAP accounting and general accounting concepts
• Excellent communication skills and high confidence in stating professional opinions
• Advanced proficiency with Microsoft Excel
• Demonstrated ability to streamline and automate complex processes

Additional Requirements

• This position may require lawful access to information subject to the International Traffic in Arms Regulations (ITAR) and Export Administration Regulations (EAR).
• Candidates must meet applicable eligibility requirements, which may include U.S. citizenship, U.S. permanent residency, or other qualifying authorization as required by law or customer contracts.

Total Rewards

The compensation range for this position is $67,400.00 - $101,000.00, depending on experience.

This position may be eligible for performance based bonus plan.

Benefits Package

• Health benefits
• 401(k) retirement savings program with company match
• PTO
• and more

Are you ready to join a different kind of company where our people, our culture, and our commitments are centered around providing trusted solutions that improve lives around the world?

IDEX is an Equal Opportunity Employer. IDEX gives consideration for employment to qualified applicants without regard to race, color, religion, creed, genetic information, sex, sexual orientation, gender identity or expression, marital status, age, national origin, disability, protected veteran status, or any other consideration or protected category made unlawful by federal, state or local laws.

Attention Applicants:

If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process, please let us know. Likewise, if you are limited in the ability to access or use this online application process and need an alternative method for applying, we will determine an alternate way for you to apply. Please contact our Talent Acquisition Team at [e-mail] for assistance with an accommodation. These contact tools may be used only by individuals with a disability for accommodation requests. Do not inquire as to the status of an application.

This posting is for an existing vacancy. Artificial intelligence is not used to screen, assess or select applicants. IDEX (NYSE: IEX) is a company that has undoubtedly touched your life in some way. In fact, IDEX businesses make thousands of products that are mission-critical components in everyday activities. Chances are the car you’re driving has a BAND-IT® clamp holding your side airbag safely in place. If you were ever in a car accident, a Hurst Jaws of Life® rescue tool may have saved your life. If you or a family member is battling cancer, your doctor may have tested your DNA in a quest to find the best targeted medicine for you. It’s likely your DNA test was run on equipment that contains components made by our growing IDEX Health & Science team.

More information on our benefits and rewards can be found on our career page: https://www.idexcorp.com/careers/our-benefits-and-rewards/