Cost Accountant

CPS Inc.; Clyde Hill (WA); On-site; USD 90,000 - 110,000; Full time

Job summary

CPS Inc. is seeking a Cost Accountant to join our Finance & Accounting team.

The Cost Accountant will analyze, monitor, and report manufacturing costs, maintaining accurate product costing, inventory valuation, and cost accounting processes in partnership with operations to identify cost-savings opportunities. The role supports budgeting, forecasting, month-end close activities, and internal controls to ensure GAAP compliance.

Qualifications

• Experience analyzing and reporting manufacturing costs.
• Familiarity with budgeting, forecasting, and month-end close processes.
• Understanding GAAP and internal controls.

Responsibilities

• Develop, maintain, and analyze standard costs for raw materials, labor, and manufacturing overhead.
• Prepare and analyze inventory, production, and cost variance reports.
• Monitor inventory transactions and ensure accurate inventory valuation.
• Perform month-end close activities, including journal entries, reconciliations, and inventory adjustments.
• Analyze manufacturing costs and identify trends, risks, and cost-saving opportunities.
• Assist with annual budgeting and periodic forecasting related to manufacturing operations.
• Reconcile inventory and cost accounts to the general ledger.
• Participate in physical inventory counts and cycle count programs, investigating and resolving discrepancies.
• Support product costing for new products, engineering changes, and pricing decisions.
• Prepare financial analyses related to manufacturing efficiency, labor utilization, scrap, and production yields.
• Ensure compliance with GAAP, company policies, and internal control procedures.
• Assist with internal and external audits by providing supporting documentation and analysis.
• Collaborate with Operations, Purchasing, Production, Engineering, and Finance to improve cost performance and operational efficiency.
• Maintain accurate Bills of Material (BOMs), routing structures, and costing data within the ERP system.

Skills

Cost accounting

GAAP

Budgeting

Forecasting

Data analysis

Job description

Cost Accountant

Cost Accountant $90,000 - $110,000k Finance & Accounting Professional, are you ready to take your career to another level with an organization that will have your interest in mind first? For the past 20 years, CPS has been working with the largest employers, specifically for their accounting and finance needs. We work strategically with our clients to find and match the best accounting and finance professionals to help improve their business. Here at CPS, Inc, we only work with our clients to directly place quality talent for permanent and full-time positions. Our experienced recruiters spend time getting to know you, what type of work and company culture you like, and what your career goals are moving forward. We use our experience and knowledge of our client companies to find the right match for you. If you are looking to build your career, ready to take on new challenges, and gain the experiences you have always wanted, we want to work with you!

Cost Accountant Job Summary The Cost Accountant is responsible for analyzing, monitoring, and reporting manufacturing costs to support operational and financial decision-making. This role maintains accurate product costing, inventory valuation, and cost accounting processes while partnering with operations to identify opportunities for cost savings and process improvements. The Cost Accountant ensures accurate financial reporting and supports budgeting, forecasting, and month-end close activities.

Key Responsibilities

• Develop, maintain, and analyze standard costs for raw materials, labor, and manufacturing overhead.


• Prepare and analyze inventory, production, and cost variance reports.


• Monitor inventory transactions and ensure accurate inventory valuation.


• Perform month-end close activities, including journal entries, reconciliations, and inventory adjustments.


• Analyze manufacturing costs and identify trends, risks, and cost-saving opportunities.


• Assist with annual budgeting and periodic forecasting related to manufacturing operations.


• Reconcile inventory and cost accounts to the general ledger.


• Participate in physical inventory counts and cycle count programs, investigating and resolving discrepancies.


• Support product costing for new products, engineering changes, and pricing decisions.


• Prepare financial analyses related to manufacturing efficiency, labor utilization, scrap, and production yields.


• Ensure compliance with GAAP, company policies, and internal control procedures.


• Assist with internal and external audits by providing supporting documentation and analysis.


• Collaborate with Operations, Purchasing, Production, Engineering, and Finance to improve cost performance and operational efficiency.


• Maintain accurate Bills of Material (BOMs), routing structures, and costing data within the ERP system.

#LI-CS1