Cost Accountant

Cassavant Machining, Inc.; Phoenix (AZ); On-site; USD 75,000 - 100,000; Full time

Benefits offered by this job

Medical, dental, vision insurance

Disability and life insurance

401(k) with company match

Job summary

CMI Group in Phoenix, AZ is seeking a Cost Accountant to join our manufacturing team. This role blends cost accounting with financial planning and analysis, partnering with plant leadership to inform pricing, efficiency and product profitability.

Daily tasks include journal entries, variances analysis, SKU margins, and budgeting. The ideal candidate has a bachelor’s in accounting or finance, 3+ years in cost accounting in manufacturing, and CMA/CPA or ERP experience.

Qualifications

• Bachelor’s degree in accounting or finance required.
• 3+ years of cost accounting experience in manufacturing.
• Strong knowledge of standard and absorption costing, variance analysis, overhead allocation, and inventory accounting.
• Experience preparing and posting journal entries.
• Analytical and quantitative skills with good communication.
• Experience in aerospace/defense, precision machining, or discrete manufacturing.
• CMA or CPA certification preferred.
• ERP experience in manufacturing systems required.

Responsibilities

• Maintain and improve standard costing systems (labor, overhead, materials).
• Ensure inventory accuracy and cost integrity in the ERP system.
• Analyze variances (labor, material, overhead, absorption, mix/volume).
• Post journal entries for inventory, reserves, accruals, and cost allocations.
• Collaborate with operations on BOMs, routings, and cost drivers.
• Perform SKU-level margin analysis and monitor KPIs like gross margin and PPV.
• Develop budgets and forecasts; support annual planning processes.
• Advise site managers and CFO; translate results into actionable steps.

Skills

Cost accounting

Variance analysis

Journal entries

Budgeting & forecasting

ERP experience

Manufacturing accounting

Analytical skills

Communication skills

CMA or CPA

Education

Bachelor’s degree in accounting or finance

Tools

ERP software

Job description

Are you a motivated, dedicated, hard worker that is eager to learn and looking to start fresh? CMI Group needs you! Come join our team and get to work with some amazing state of the art, cutting edge, highly automated machining cell systems where a product can truly be perfected and controlled!

Cost Accountant

Cost Accountant

Phoenix, AZ

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, analysing 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.
• Qualitative and quantitative analytic skills.
• Strong communication skills — able to explain financial results to non-financial stakeholders.
• Experience in aerospace, defense, precision machining, or discrete manufacturing.
• CMA or CPA certification.
• ERP experience in a manufacturing system.
• 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:

• The Civil Rights Act of 1964 as Amended
• Age Discrimination Act of 1967 as Amended
• Rehabilitation Act of 1973
• Vietnam Era Veterans Readjustment Act of 1974
• Americans with Disabilities Act Amendment Act of 2009 (ADAAA)
• The Wagner-Peyser Act as Amended.
• The Workforce Innovation and Opportunity Act

Details

Location: Phoenix, AZ
Employment Type: Full-Time
Salary:$75000 - $100000 /per year
Skill Level: Mid-Senior Level

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CMI Group is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, physical or mental disability, genetic factors, military/veteran status or other characteristics protected by law.