Cost Accountant (Manufacturing)

Straumann Group; Andover (MA); On-site; USD 77,000 - 94,000; Full time

Benefits offered by this job

401(K) with employer match

Health, dental, vision insurance

Paid time off (PTO)

Job summary

Straumann Group in Andover, Massachusetts, is seeking a Cost Accountant (Manufacturing) to ensure accurate product costing, inventory valuation, and month-end close. You will report to the Sr Director, Finance and provide cost and variance analyses to drive site performance while complying with corporate policies.

The role covers plant-level purchasing coordination, supports budgeting, forecasting, and cross-functional collaboration with Operations, Engineering, and Supply Chain.

Qualifications

• Bachelor’s degree in Accounting or Finance is required.
• 5+ years of progressive experience in cost accounting or manufacturing finance.
• Experience with SAP or similar ERP systems.
• Experience in a manufacturing environment.

Responsibilities

• Maintain standard costs for materials, labor, and overhead in SAP.
• Validate BOMs, routings, and production master data.
• Perform month-end close, variance settlements, and cost allocations.
• Prepare cost and variance reports for operations leaders.

Skills

Cost accounting

Manufacturing finance

Variance analysis

Budgeting

Financial reporting

Internal controls

Costing

Education

Bachelor’s degree in Accounting or Finance

Tools

SAP ERP

Job description

Straumann Group

Position Title: Cost Accountant (Manufacturing)

Location/s: Andover (MA), United States

Job Category: Manufacturing

Company: STUM - Straumann US / Manufacturing

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Position Summary

The Cost Accountant (Operations Accountant) is responsible for the execution and integrity of manufacturing finance activities at the Andover Manufacturing site. This role ensures accurate product costing, inventory valuation, month-end close, and operational financial reporting. Reporting to the Sr Director, Finance, this position supports site performance management by providing timely, accurate cost and variance analysis while ensuring compliance with corporate accounting policies and procurement procedures. The role also executes plant-level purchasing and accounts payable coordination activities in alignment with corporate governance.

Job Responsibilities

Cost Accounting & Inventory Control

• Maintain and update standard costs for materials, labor, and manufacturing overhead in SAP.
• Validate and maintain accurate bills of materials (BOMs), routings, and production master data in partnership with Operations and Engineering.
• Perform month-end close activities including WIP calculations, variance settlements, and cost allocations.
• Analyze manufacturing variances (material usage, labor, overhead, scrap, absorption) and support root cause identification.
• Perform inventory valuation, reconciliation, and periodic physical inventory alignment.
• Ensure compliance with Group Accounting and Costing manuals.

Operational Financial Reporting

• Prepare and distribute recurring operational cost and variance reports.
• Support monthly and quarterly financial reporting requirements.
• Provide cost transparency to Operations, Engineering, and Supply Chain leaders.
• Track and quantify cost improvement initiatives.

Budget & Forecast Support

• Support the Sr Director, Finance in the annual budget and periodic forecasting cycles by compiling operational inputs and validating cost assumptions.
• Assist with financial modeling and analysis as requested.

Collaboration & Continuous Improvement

• Partner with Operations, Engineering, Supply Chain, and Global Finance to improve data accuracy and process effectiveness.
• Support implementation of new financial systems, reporting tools, vendor-managed inventory (VMI) programs, and associated inventory, procurement, and financial control enhancements.
• Backup other logistics or purchasing functions as required.

Physical Attributes

• May sit for extended periods of time.
• Utilize dexterity abilities to operate a computer and other office equipment.
• Spend significant time reviewing detailed financial and operational data.
• May enter manufacturing areas and be exposed to production equipment and tools.

Work Environment

• General office and manufacturing environment. Noise level is typically quiet to moderate but may vary in production areas. Personal protective equipment may be required in designated areas.

Minimum Qualifications

• Bachelor’s degree in Accounting or Finance.
• 5+ years of progressive experience in cost accounting or manufacturing finance.
• Experience with SAP or similar ERP systems.
• Experience in a manufacturing environment.

Preferred Qualifications

• Experience in medical device or other regulated industry.
• Experience with standard costing methodologies.
• Understanding of internal control principles.
• Experience working in a multinational organization.
• Strong analytical skills with attention to detail.
• French and/or German language proficiency.

Salary: $77,000 - $94,000/Annually. The final pay for this position will vary based on geographic location and candidate experience relative to what the company reasonably anticipates for this position.

Whether you’re looking to build your career, improve your health, or brighten your SMILE, we offer generous benefits to help you achieve your goals.

• Very Competitive total compensation plans (some positions include discretionary bonus, or Performance Share Units).
• A 401(K) plan to help you plan for your future with an employer match
• Great health, dental and vision insurance packages to fit your needs to ensure you’re happy and healthy. Straumann contributes a healthy portion towards employees’ premium.
• Generous PTO allowance - plenty of time to recharge those batteries!

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All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or disability.

Employment Type: Full Time

Alternative Locations: United States : Andover (MA)

Travel Percentage: 0%

Requisition ID: 22199

Equal Opportunity and Aff…

Straumann Group is an equal opportunity employer and will not discriminate against any employee or applicant for employment on the basis of race, color, sex, sexual orientation, gender identity, religion, creed, national origin, age, veteran status, or disability unrelated to job requirements. Straumann Group will take affirmative action to ensure that qualified applicants are employed and that employees are treated without regard to their race, age, color, religion, sex, sexual orientation, gender identity, national origin, veteran and disability status. In compliance with Section 4212 of the Vietnam Era Readjustment Assistance Act, Straumann Group has developed and maintains an affirmative action program. We comply with the Employee Polygraph Protection Act (EPPA), and Massachusetts law. It is unlawful for private employers to use lie detector tests for pre-employment screening or during employment, except in limited circumstances. An employer who violates this law shall be subject to criminal penalties and civil liability.

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Equal employment opportunity, including veterans and individuals with disabilities.

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