Cost Accountant

AvaHR

Phoenix (AZ)

On-site

USD 70,000 - 100,000

Full time

2 days ago

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Job summary

CMI Group in North Phoenix seeks a cost accounting analyst to support manufacturing with standard costing, variances analysis, budgeting and forecasting. The role partners with plant leadership to optimize pricing, efficiency, and product profitability, requiring daily in-office presence and strong Excel modeling.

The ideal candidate has 3+ years in cost accounting in manufacturing, solid understanding of standard/absorption costing, and proficiency with ERP and journal entries.

Qualifications

Bachelor’s degree in accounting or finance.
3+ years of cost accounting experience in a manufacturing setting.
Strong understanding of standard and absorption costing.
Variance analysis experience.
Experience preparing and posting journal entries.
Advanced Excel skills (pivot tables, lookups, modeling).
Excellent communication skills with non-financial partners.

Responsibilities

Maintain and enhance standard costing systems (labor, overhead, material standards).
Ensure inventory accuracy and cost integrity in the ERP system.
Analyze and report on standard vs. actual variances (labor, material, overhead, etc.).
Prepare and post journal entries for inventory, reserves, accruals, and cost allocations.
Partner with operations to review BOMs, routings, and cost drivers for accuracy.
Perform daily/weekly SKU-level margin analysis to identify pricing and efficiency issues.
Develop financial models to support operational and pricing decisions.
Support annual budgeting and forecasting processes.

Skills

Cost accounting

Variance analysis

Overhead allocation

Inventory accounting

Journal entries

Advanced Excel

Communication skills

Analytical thinking

Education

Bachelor’s degree in accounting or finance

CMA or CPA certification (nice to have)

Tools

ERP system

Job description

Cost Accountant

On-Site Location: North Phoenix (101 & Cave Creek Rd)

Requirement: Must be a US Citizen or Permanent Resident due to ITAR requirements

Classification: Full Time, exempt

Industry: Aerospace & Defense Manufacturing

Position Overview

We seek a highly analytical and operationally engaged Cost Accounting Analyst to support our manufacturing location in North Phoenix. This role is a hybrid between cost accounting and financial planning & analysis, combining strong technical accounting capabilities, with analytic skills, and forward-looking financial insight.

This individual will be a business partner with plant leadership to assist in making informed decisions about pricing, operational efficiency and product profitability. The role requires someone comfortable booking journal entries, explaining standard vs. actual variances, analyzing SKU-level margins, reporting financial results to management, and building budgets and forecasts.

The position requires daily in-office presence.

Key Responsibilities

Cost Accounting & Technical Accounting

Maintain and enhance standard costing systems (labor, overhead, material standards).

Ensure inventory accuracy and cost integrity in the ERP system.

Analyze and report on standard vs. actual variances (labor, material, overhead, purchase price, absorption, mix/volume).

Prepare and post journal entries for inventory, reserves, accruals, and cost allocations.

Partner with operations to review BOMs, routings, and cost drivers for accuracy.

Operational Finance

Perform daily / weekly SKU-level margin analysis to identify pricing, mix, scrap, labor efficiency, and overhead absorption issues.

Monitor KPIs including gross margin, absorption, labor efficiency, scrap, and PPV.

Develop actionable insights and recommendations to improve margins and working capital.

Create and maintain financial models to support operational and pricing decisions.

Support annual budgeting and periodic forecasting processes.

Business Partnership

Act as a financial advisor to site managers and the CFO.

Translate financial results into operational language and actionable next steps.

Proactively identify / communicate areas of margin erosion or cost leakage.

Participate in operational meetings and drive accountability through data.

What Success Looks Like

Variance analysis is timely, clear, and drives action.

SKU margin visibility improves pricing discipline and cost management.

Standards are accurate and reflect operational reality.

Operations leaders view finance as a value-added partner, not just a reporting function.

Plan vs. actual gaps are identified early and addressed proactively.

Qualifications

Required

Bachelor’s degree in accounting or finance.

3+ years of experience in cost accounting within a manufacturing environment.

Strong understanding of:
- Standard and absorption costing
- Variance analysis
- Manufacturing overhead allocation
- Inventory accounting

Experience preparing and posting journal entries.

Advanced Excel skills (pivot tables, lookups, financial modeling).

Qualitative and quantitative analytic skills.

Strong communication skills - able to explain financial results to non-financial stakeholders.

A plus

Experience in aerospace, defense, precision machining, or discrete manufacturing.

CMA or CPA certification.

ERP experience in a manufacturing system.

Competencies & Traits

Highly analytical with strong attention to detail.

Comfortable working in both accounting and forward-looking planning environments.

Naturally curious - asks "why" and digs into root causes.

Operationally minded and business-oriented.

Self-starter who thrives in a hands-on manufacturing environment.

Comfortable challenging assumptions.

Able to toggle between tactical execution (journal entries) and strategic analysis (margin improvement).

Why This Role Matters

This position sits at the intersection of accounting discipline and operational performance. It is critical to ensure cost integrity, increase product margins, and provide financial visibility across manufacturing sites and the business in general. The successful candidate will directly influence profitability and serve as a trusted financial partner site management and business finance leadership.

THE ABOVE JOB DESCRIPTION REFLECTS THE GENERAL DETAILS CONSIDERED NECESSARY TO DESCRIBE THE PRINCIPAL FUNCTIONS OF THE JOB IDENTIFIED. IT IS NOT TO BE CONSTRUED AS A DETAILED SUMMARY OF ALL THE WORK REQUIREMENTS THAT MAY BE INHERENT IN THE JOB, AND MAY BE REVISED FROM TIME TO TIME.

Team oriented company with top paying wages and benefits in the valley in regards to the Aerospace Industry. To qualify for consideration, all candidates must be able to work 40+ hours per week in a fast paced, high-demand, quality environment. All candidates must also have sufficient verbal and written communication skills as well as good problem solving skills.

CMI Group is equal opportunity employer providing competitive wages and benefits. Medical, dental, vision, disability and life insurance available. 401(k) with company match

CMI Group is a federal subcontractor and maintains a drug-free workplace in accordance with the Federal Drug-Free Workplace Act of 1988 and Arizona Revised Statutes § 23-493. All offers of employment are contingent upon the successful completion of a pre-employment drug screening.

This is an equal opportunity employer and will not discriminate against any employee or applicant due to age, race, disability, veteran status, religion, sexual orientation, gender or any other protected classification. VEVRAA federal subcontractor. This company provides provide equal employment opportunities to applicants without regard to race, color, religion, gender, age, national origin, or disabilities in compliance with federal and state laws including: