Cost Accountant

Dill Air Controls Products; Oxford (NC); On-site; USD 65,000 - 85,000; Full time

Job summary

Dill Air Controls Products seeks a Cost Accountant to oversee inventory control, cost accounting, and related financial reporting. Responsibilities include product costing, cycle counts, and close activities to ensure accurate cost data and compliance with accounting standards.

The role collaborates with Purchasing and Finance to monitor price changes, analyze cost impacts, and support internal controls and audits.

Qualifications

• Two years accounting experience in a manufacturing environment.
• Bachelor’s degree in Accounting, Finance, or a related field.
• Proficiency with Excel, Word, Outlook; familiarity with Access/SQL is a plus.

Responsibilities

• Inventory controls – develop and manage procedures for accurate inventory records and valuation.
• Product costing – establish and maintain costs for manufactured and purchased goods including materials, labor, overhead.
• Customer accounts support – monitor accounts receivable until paid and communicate status as needed.
• Cost impact analysis – evaluate financial impact of design/material/supplier changes on costs and margins.
• Assist with physical inventories and cycle counts; investigate discrepancies and support corrective actions.
• Monitor supplier price changes and their impact on costs in collaboration with Purchasing.
• Participate in month-end/year-end close with cost/inventory reconciliations and journal entries.
• Prepare ad hoc financial and management reports from data and trends.
• Support audits with schedules, reconciliations, and documentation.
• Identify and implement improvements to costing, inventory, and reporting systems.
• Maintain internal controls and data integrity; add controls where necessary.

Skills

Excel (Advanced)

Analytical skills

Numerical aptitude

Communication skills

Self-motivated

Independence

Attention to detail

Teamwork

Education

Bachelor’s degree in Accounting/Finance

Tools

Access

SQL

Job description

The Cost Accountant is responsible for inventory control, cost accounting, financial reporting support, inventory reconciliations, and selected accounts receivable activities. This role helps ensure accurate inventory records, reliable product costing, and compliance with accounting principles and company policies.

Essential Functions

• Inventory Controls – Develop, implement, manage, and continuously improve inventory control procedures to ensure accurate inventory records and valuation.
• Product Costing – Reliably and accurately establish and maintain costs for manufactured and purchased finished goods, including material, labor, and overhead components.
• Customer Account Support – Manage selected customer accounts within the accounts receivable collection process by monitoring outstanding balances, helping resolve payment issues, and communicating account status as needed.
• Cost Impact Analysis – Assist in evaluating the financial impact of changes in product design, raw materials, supplier pricing, and manufacturing processes on product costs and margins.
• Physical Inventory & Cycle Counts – Assist with physical inventories and monitor the cycle count program, including researching discrepancies and supporting corrective actions.
• Purchase Price Monitoring – Work closely with Purchasing to proactively identify, analyze, and report supplier and material price changes and their impact on product costs.
• Financial Close – Participate in month-end and year-end close processes, including inventory and cost-related reconciliations, analysis, and journal entries as required.
• Management Reporting – Prepare ad hoc financial and management reports by collecting, analyzing, and summarizing account information, operational data, and trends.
• Audit Support – Assist with annual financial audits by preparing schedules, documentation, reconciliations, and supporting information.
• Continuous Improvement – Identify and recommend improvements to accounting, costing, inventory, and reporting systems and procedures, and help implement approved changes.
• Internal Controls – Maintain financial security and data integrity by following established internal controls and developing additional controls where necessary.
• Other Responsibilities – Support accounting, financial analysis, and related projects as needed.

Qualifications

• Thorough knowledge of accounting procedures.
• Knowledge and understanding of financial accounting statements.
• Experience with general ledger functions.
• Advanced Microsoft Excel skills, including spreadsheets, formulas, data analysis, and reporting; proficiency with Microsoft Word and Outlook.
• Strong aptitude for numbers.
• Strong analytical skills.
• Accuracy with attention to detail.
• Self-motivated, with the ability to apply business judgment and financial knowledge to solve problems.
• Strong work ethic, with the ability to work independently and as part of a team.
• Strong verbal and written communication skills, with the ability to communicate effectively with all levels of the organization.
• Knowledge of Access and SQL, a plus.

Experience

• Two years accounting experience in a manufacturing environment.

Education

• Bachelor’s degree in Accounting, Finance, or a related field.