Cost Accountant

Insight Financial Staffing & Search Group; Columbia (SC); On-site; USD 55,000 - 75,000; Full time

Job summary

Insight Financial Staffing & Search Group seeks an experienced Cost Accountant to manage costing processes for manufactured items, including BOM setup, standard costs, and variance analysis. The role involves analyzing direct manufacturing and overhead costs, coordinating with operations to drive cost reductions, and maintaining production cost updates.

Responsibilities include monthly cost rolls, establishing new materials and BOMs, and preparing cost estimates for new products, ensuring

Qualifications

• Bachelor’s Degree in Accounting or Finance.
• 3–5 years of related cost accounting experience.

Responsibilities

• Lead BOM setup, maintenance and review for manufactured items and prepare cost estimates for new products.
• Perform monthly cost rolls for finished products manufactured and purchased along with cost change analysis.
• Set up new raw material, WIP, and Finished Goods items; create and maintain production BOMs; maintain periodic cost updates.
• Develop, maintain and review standard costs.
• Perform in-depth analysis of direct manufacturing and overhead costs; work with operations to reduce costs where applicable.
• Analyze actual production costs and prepares periodic reports comparing standard costs to actual costs; implement improvements in standard cost procedures.
• Develop, maintain and review overhead allocation matrix for approval and implementation.
• Provide inventory accountability.

Skills

Cost accounting

Variance analysis

BOM management

Education

Bachelor's degree in Accounting or Finance

Job description

Seeking experienced candidates for a Cost Accountant position. Candidates must be familiar with costing concepts, including standards, variances, BOMs, etc.

Responsibilities for the Cost Accountant Positio

• n:Lead the Bill of Material (BOM) set up, maintenance and review for manufactured items and prepare cost estimates for new produc
• tsPerform monthly cost rolls for finished products manufactured and purchased along with cost change analysi
• s.Set up new raw material, WIP, and Finished Goods items; create and maintain production BOM’s. Maintain periodic cost update
• s.Develop, maintain and review standard cos
• tsPerform in-depth analysis of direct manufacturing and overhead costs, working with operations to reduce costs where applicab
• leAnalyze actual production costs and prepares periodic reports comparing standard costs to actual production costs. Implement, monitor, and provide continuous improvements in the standard work procedures for appropriate cost accounting procedures and metho
• dsDevelop, maintain and review overhead allocation matrix for approval and implementati
• onProvide inventory accountabili

ty
Requirements for the Cost Accountant Positi

• on:Bachelor’s Degree in Accounting or Fina
• nce3A minimum -5 years of related experie