Cost Accountant - Manufacturing & Inventory Valuation

AIDA-America; Dayton (OH); On-site; USD 70,000 - 90,000; Full time

Job summary

AIDA-America is seeking a Cost Accountant to ensure accurate estimating and costing of projects and special orders. The role analyzes product costs, tracks inventory movement, and supports annual audits.

Responsibilities include monthly closings per AE GARM, project valuation for balance sheets, and margin analysis across product lines. Collaboration with Manufacturing, Engineering, and Purchasing is essential to produce data-driven cost insights.

Qualifications

• Five (5) years of general and manufacturing accounting experience preferred.
• Knowledge of Generally Accepted Accounting Principles.
• In depth knowledge of MRP and integrated business systems is required.
• Three (3) years in depth knowledge of spreadsheets, databases and word processing programs.
• Knowledge of Foreign Currency for inventory valuation purposes and forward contracts.
• General knowledge of international business terms and international accounting standards.

Responsibilities

• Manages a database of manufacturing inventory for the purpose of valuation.
• Responsible for monthly project and service closings for Income Statement presentation in accordance with AE GARM, including monthly percentage of completion postings and calculations of in-process project order losses.
• Responsible for valuation of projects for Balance Sheet presentation.
• Manage month-end manufacturing inventory cutoffs, reconciliation and reporting.
• Apply AE GARM rules for inventory obsolescence to presses, manufacturing semi-finished inventory, service parts, and used presses.
• Periodically review offsite inventory to ensure compliance with inventory control procedures.
• Responsible for year-end inventory count of manufacturing inventory and assisting with the yearly audit of service parts.
• Monitor inventories, installation costs, distributor commission and warranty activity and prepare monthly reserve analysis.
• Manage warranty costs for the purpose of determining trends in cost by manufacturing plant and product type.
• Responsible for product line margin analysis and variance from budget reporting.
• Work with Manufacturing, Engineering, Production Control, and Purchasing to support information and data analysis requirements.
• Work with Sales Administration in determining project cost estimates and published list pricing for quoting and sales purposes.
• Produce and publish monthly Backlog Forecast.
• On a monthly basis, communicate to management all significant forecast-to-actual variances for projects that are in-process and projects completed in the prior month.
• Work with external auditors in the areas of project costing, inventory valuation and obsolescence, project revenue recognition and related external reporting.
• Forecast and analyze labor and overhead rates used in production.
• Track actual bookings verse budgeted forecasts for the After Market Solutions department. Review variances for individual projects and investigate with the Project Manager.

Skills

General accounting

Manufacturing accounting

GAAP knowledge

MRP knowledge

Education

Bachelor’s degree in Accounting

Tools

MRP systems

Spreadsheets

Databases

Word processing

Job description

AIDA-America is seeking a Cost Accountant to ensure accurate estimating and costing of projects and special orders. The role analyzes product costs, tracks inventory movement, and supports annual audits.

Responsibilities include monthly closings per AE GARM, project valuation for balance sheets, and margin analysis across product lines. Collaboration with Manufacturing, Engineering, and Purchasing is essential to produce data-driven cost insights.