Cost Accountant

Jobot; Minneapolis (MN); On-site; USD 95,000 - 110,000; Full time

Job summary

Jobot in Minneapolis seeks a dynamic Permanent Cost Accountant to lead cost analyses, set material and labor cost standards, and forecast costs to guide strategic decisions. You will work closely with production, procurement, and finance to maximize profit while ensuring accurate financial records and compliance within healthcare operations.

The role offers exposure to capital investments, continuous improvement initiatives, and collaboration with leadership to influence business outcomes.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field; CMA/CPA is a plus.
• 5+ years in healthcare cost accounting, cost analyst, or similar role.
• Strong knowledge of GAAP and accounting procedures.
• Experience with SAP and cost accounting systems.
• Proficient in Excel with forecasting and budgeting capabilities.
• Ability to work under tight deadlines with attention to detail.

Responsibilities

• Conduct regular cost analyses and variance investigations.
• Implement cost standards for materials and labor.
• Prepare detailed cost reports for management.
• Reconcile financial records and address discrepancies.
• Collaborate with auditors during audits.
• Support production and procurement in cost-saving initiatives.
• Monitor inventory and cost reports.
• Maintain cost accounting systems and documentation.
• Assist in audit preparation and ensure compliance with policies.

Skills

Cost accounting

GAAP

Forecasting

Budgeting

Excel

Attention to detail

Analytical skills

Communication

Education

Bachelor’s degree in Accounting, Finance, or related field

CMA or CPA certification (plus)

Tools

SAP

Job description

Salary: $95,000 - $110,000 per year

A bit about us:

A global medical technology manufacturer

Why join us?

Join a stable, growing global organization with opportunities for career advancement.

Partner directly with manufacturing leadership and influence key business decisions.

Gain exposure to strategic planning, capital investments, and continuous improvement initiatives.

Work in a collaborative environment that values innovation, accountability, and professional development.

Competitive compensation, comprehensive benefits, and a strong work-life balance.

Job Details

We are seeking a dynamic, detail-oriented, and highly analytical Permanent Cost Accountant to join our team in the Healthcare industry. The ideal candidate will be responsible for conducting cost analyses, implementing cost standards for materials and labor, preparing cost forecasts, and examining financial records to ensure their accuracy. This role is integral to our business's financial planning and decision-making processes, providing insightful information to our management team that will drive business strategy and allow for the maximization of profits.

Responsibilities

• Conduct regular cost analyses on the company’s operations, comparing factual figures against budgeted ones and identifying variances.
• Implement cost standards for materials and labor, designing and implementing cost accounting systems as required.
• Prepare detailed reports, both periodically and ad-hoc, to present to management, providing them with the necessary financial information to make informed business decisions.
• Examine financial records to ensure their accuracy, reconciling any discrepancies found.
• Collaborate with the company’s auditors during audit processes, providing all necessary information and answering queries.
• Work closely with production and procurement departments to develop and implement cost-saving measures.
• Monitor inventory and analyze cost reports, statements, and other financial data.
• Develop and maintain the cost accounting system, documents, and records of the organization.
• Assist in the preparation and coordination of the audit process.
• Implement consistent accounting policies, practices, and procedures across all programs, upholding federal, state, and local legal standards by remaining knowledgeable about existing, new, and future legislation.
• Develop and implement cost-effective solutions for financial reporting.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field. A Master’s degree or relevant certification (e.g., CMA or CPA) will be considered a plus.
• 5+ years of proven work experience as a Cost Accountant, Cost Analyst, Accountant or similar role in the healthcare industry.
• Thorough knowledge of accounting procedures and principles.
• In-depth understanding of Generally Accepted Accounting Principles (GAAP).
• Hands-on experience with accounting software, like SAP.
• Strong attention to detail and accuracy, with the ability to work under tight deadlines.
• Excellent analytical skills with an emphasis on forecasting and budgeting.
• Proficiency in Microsoft Office Suite, particularly in Excel.
• Excellent written and verbal communication skills, with the ability to present complex financial information in a clear and concise manner.
• Strong ethics, with the ability to manage confidential data.

Jobot is an Equal Opportunity Employer. We provide an inclusive work environment that celebrates diversity and all qualified candidates receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, age (40 and over), disability, military status, genetic information or any other basis protected by applicable federal, state, or local laws. Jobot also prohibits harassment of applicants or employees based on any of these protected categories. It is Jobot’s policy to comply with all applicable federal, state and local laws respecting consideration of unemployment status in making hiring decisions.

Sometimes Jobot is required to perform background checks with your authorization. Jobot will consider qualified candidates with criminal histories in a manner consistent with any applicable federal, state, or local law regarding criminal backgrounds, including but not limited to the Los Angeles Fair Chance Initiative for Hiring and the San Francisco Fair Chance Ordinance.

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