Cost Accountant

Regal Rexnord; Erie (Erie County); Hybrid; USD 55,000 - 75,000; Full time

Benefits offered by this job

Medical coverage

Dental coverage

Vision coverage

Prescription drug coverage

HSA/FSA

Job summary

API Delevan, Inc. in Erie, Pennsylvania, is seeking a Cost Accountant to develop and maintain standard costs, analyze manufacturing costs, and provide actionable insights to improve efficiency and profitability.

Reporting directly to the Plant Controller, this role partners with operations across departments to support monthly closings, inventory reconciliation, and financial reporting in a fully on-site setting.

Qualifications

• Bachelor’s degree in Accounting or Finance required.
• 2+ years of accounting/finance experience, manufacturing setting preferred.
• Strong understanding of accounting principles (GAAP).
• Proficient in Excel, ability to pivot and troubleshoot.

Responsibilities

• Develop and maintain standard costs for annual revaluations and daily setup of new materials.
• Collaborate with planning, sourcing, and production on direct material pricing and labor costs.
• Prepare cost variance analyses and support monthly closing with journal entries.
• Assist in inventory reconciliation and site balance sheet preparation.
• Identify process improvements to enhance information accuracy for business partners.

Skills

Excel

GAAP knowledge

Analytical skills

Communication skills

Education

Bachelor’s degree in Accounting or Finance

Tools

SAP

Microsoft Excel

Job description

## Cost AccountantApply: On-site: Erie, Pennsylvania, United States: Full time: Posted Today: R26\\_04068Work Model: This is a fully onsite role, with work performed at your designated Regal Rexnord office. \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_**Job Summary**The Cost Accountant will be responsible for developing and maintaining standard costing, analyzing manufacturing costs, and providing actionable insights to improve efficiency and profitability. Reporting directly to the Plant Controller, the role is a critical partner to the plant operations team and the division Finance team in financial and management reporting. This role requires strong analytical skills and the ability to work collaboratively across departments.**Key Responsibilities*** Develop and maintain standard costs for annual revaluation as well as daily regular setup of new materials with a focus on analytical cost savings opportunities* Ensure alignment with planning, sourcing, and production teams on direct material pricing, freight, direct labor hours, machine hours, setup times, and other inputs relevant to the accurate valuation of inventory* Compile labor and manufacturing spend reports daily, weekly, or monthly for team use and facilitate regular meetings with department leads to identify risks and opportunities in achieving monthly targets* Analyze production cost variances to understand drivers of favorability or unfavorability. Work with other teams to correct any transactional errors and support follow-up actions addressing improvements.* Prepare and post all accounting journal entries as part of the monthly closing cycle* Support inventory cycle counts and site balance sheet reconciliation preparation* Ensure compliance with GAAP and company policies* Identify and implement process improvements that promote efficient, accurate, reliable, and meaningful use of information for all business partners**Qualifications*** Bachelor’s degree in Accounting or Finance.* 2+ years of experience in accounting or finance role, a Manufacturing setting is a plus.* Strong understanding of accounting principles* Proficiency in Microsoft Excel with the ability to organize data efficiently and effectively, including comfortable use of pivot tables, reference formulas, and basic troubleshooting.* Prior use of SAP or other ERP systems is preferred. Basic computer literacy and proficiency navigating/learning new software systems is required.* Excellent analytical, organizational, and written and verbal communication skills.***Restrictions imposed by federal export control laws may limit this job opportunity to candidates who are a “U.S. Person”, which includes U.S. citizens, U.S. nationals, U.S. permanent residents, individuals granted asylum in the United States, and refugees in the United States, or who otherwise can qualify for a license that permits them to hold the position.***# # **Benefits*** Medical, Dental, Vision and Prescription Drug Coverage* Spending accounts (HSA, Health Care FSA and Dependent Care FSA)* Paid Time Off and Holidays* 401k Retirement Plan with Matching Employer Contributions* Life and Accidental Death & Dismemberment (AD&D) Insurance* Paid Leaves* Tuition Assistance