Cost Accountant

CPM; Waterloo (IA); On-site; USD 70,000 - 90,000; Full time

Benefits offered by this job

401k

Medical insurance

Dental insurance

Paid holidays

Tuition assistance

Job summary

CPM Holdings, Inc. is seeking a Cost Accountant to support the finance function at our US site. You will own standard costing, BOMs, routings, and inventory analysis while providing cost insights to drive performance and continuous improvement.

Responsibilities include closing, product costing, variance analysis, budgeting, and supporting quotations. A BA in Accounting or Finance with 2–5 years manufacturing cost experience and ERP exposure (SAP/Oracle) is required. Travel may be occasional.

Qualifications

• 2–5 years of cost accounting experience in a manufacturing environment.
• Bachelor's degree in Accounting or Finance.
• Hands-on experience with standard costing and ERP systems (SAP, Oracle).

Responsibilities

• Maintain and administer standard costing (BOMs, routings, labor rates, overhead rates).
• Perform inventory accounting, cycle counts, and variances analysis.
• Manage production orders and close process; resolve variances before close.
• Prepare manufacturing variances analyses: material, labor, overhead, yield.
• Support cost estimates for quotations; analyze material, labor, overhead and margins.
• Assist budgeting and forecasting for manufacturing costs and inventories.
• Promote accountability and continuous improvement across the function.
• Perform any ad hoc duties as required.

Skills

Cost accounting

Standard costing

Inventory analysis

Close & reporting

Education

BA in Accounting or Finance

Tools

SAP

Oracle

Job description

CPM Holdings, Inc. is a global process engineering and equipment company with one mission: to sustainably feed, fuel, and build a better world. CPM serves a wide range of industries with solutions that help improve everyday life for people across the globe. Comprised of a growing family of trusted equipment and technology brands, CPM is committed to product, geographic, and acquisitive growth.

CPM is seeking a highly motivated Cost Accountant to support the finance function within our Industrial Solutions market segment. This role is responsible for cost accounting activities at one of our US sites, ensuring the accuracy and integrity of manufacturing costs, inventory, and product costing while providing financial insight to support operational performance, cost control, and continuous improvement.

Initially reporting to the North America Controller, the ideal candidate will have strong cost accounting experience and a hands-on approach to operational finance.

This position could offer opportunities for professional growth and increased responsibility. As the successful candidate demonstrates strong performance, leadership capabilities, and business impact, there may be opportunities to expand the scope of the role, take on additional responsibilities, and advance within the organization.

Primary Responsibilities:

• Maintain and administer the standard cost system, including the setup, review, and update of bills of material (BOMs), routings, labor rates, and overhead rates
• Perform inventory accounting and control, including inventory valuation, reconciliations, cycle counts, physical inventories, and analysis of inventory reserves and obsolescence
• Manage and monitor production orders, including timely and accurate production order closures, review of labor and material postings, and resolution of variances prior to close
• Prepare and analyze manufacturing variances, including material usage, labor efficiency, labor rate, overhead spending, overhead absorption, and yield variances
• Support the business with cost estimates and analysis for customer quotations, including material, labor, overhead, and margin analysis to ensure accurate and competitive pricing
• Assist with budgeting and forecasting related to manufacturing costs, inventory levels, and production volumes
• Foster a culture of accountability, collaboration, and continuous improvement
• Other ad hoc duties as and when required

Required Qualifications:

• 2-5 years of cost accounting experience in a manufacturing environment
• Bachelors of Arts (BA) in Accounting or Finance Degree
• Hands-on experience with standard costing
• Experience supporting monthly close and inventory accounting
• Strong understanding of BOMs, routings, absorption and manufacturing accounting
• Experience working with ERP systems (e.g. SAP, Oracle)
• Positive attitude and excellent interpersonal skills in a team environment
• Motivated self-starter with ability to prioritize workload and manage deadlinesOccasional travel will be required to support business needs

CPM Acquisition Corp. is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status. CPM Acquisition Corp. offers competitive compensation and benefits, including paid holidays and vacations, 401k, medical/dental insurance, tuition assistance, and more.