Cost Accountant

Keystone Distinction Group; Waverly (IA); On-site; USD 85,000 - 115,000; Full time

Job summary

Keystone Distinction Group is seeking a Cost Accountant based in Waverly, Iowa. As a Cost Accountant, you will analyze gross profit margins, assist with financial documentation, and manage inventory costs. The role requires 5+ years of accounting experience, cost accounting expertise, and familiarity with ERP systems like SAP or NetSuite. The ideal candidate should possess strong analytical skills and attention to detail, capable of working collaboratively with internal teams and external partners. A competitive salary of $85,000-$115,000 is offered.

Qualifications

• Bachelor's degree in accounting or related field is required.
• Over 5 years of experience in accounting or finance is necessary.
• Experience in a manufacturing environment is preferred.
• Cost accounting experience is essential.
• Proficiency in ERP systems such as SAP or NetSuite is required.

Responsibilities

• Assist in month-end and year-end financial closing processes.
• Analyze gross profit margins and report results.
• Collaborate with manufacturing plants on inventory management.
• Perform annual cost roll process and change analysis.

Skills

Accounting principles

Cost accounting

Analytical skills

Communication skills

Attention to detail

Education

Bachelor’s degree in a related field, accounting preferred

Tools

SAP

NetSuite

QuickBooks

MS Office Suite

Job description

Job Title: Cost Accountant

Location: Waverly, Iowa

Salary: $85-115K

Job Summary

The Cost Accountant is responsible for analyzing gross profit margins, assisting with the financials, balancing inventory, and reporting results. Supports the accounting team with the month-end closing and related tasks. Works with the Corporate Controller and CFO to manage company costs, assist in the preparation of budgets, develop cost standards, and provide data on operational costs.

Job Duties & Responsibilities

• Assist in month-end and year-end closing of financials, specifically on balancing inventory, monthly related entries for transfers and variances, etc.
• Calculate and analyze gross profit margins, reporting results to Finance and Operations personnel.
• Work with manufacturing plants on cycle count processes, labor/overhead rates, BOMs and routings.
• Apply cost analysis principles to current company processes in inventory management, gross profit, and reporting.
• Analyze manufacturing costs, labor absorption, and identifying variance and areas of improvement.
• Assist in the calculation of work center rates for manufacturing facilities.
• Review completed shop orders and analyze large variances, including identifying potential changes to processes.
• Perform annual cost roll process, including change analysis, at year-end and on an ad hoc basis.
• Other duties, special projects, and analysis as assigned.

Education & Experience Requirements

• Bachelor’s degree in a related field, accounting preferred
• 5+ years of experience in accounting/finance.
• Manufacturing environment experience
• Cost accounting experience required.
• ERP experience – SAP, Deacom, NetSuite, Epicor
• Demonstrated internal and/or external customer service experience and skills
• Strong verbal and written communication and word processing skills
• Familiar with MS Office software including Word, Excel, MS Teams, PowerPoint, and Outlook
• Knowledge of QuickBooks
• Knowledge of ERP systems
• Attention to detail and accuracy
• Proactive self-starter with strong organizational skills
• Organized, able to prioritize, work positively with changing priorities and deadlines
• Skills in filing, operating office machines (keyboard, photocopier, fax, shredder, calculator)