Cost Analyst

beaconhill; Raleigh (NC); On-site; USD 65,000 - 85,000; Full time

Job summary

Beacon Hill in Raleigh, NC is seeking a Cost Analyst to join a collaborative finance-operations team. The role bridges accounting and operations to drive profitability through cost data, inventory valuation, and standard vs actual reporting.

Responsibilities include budgeting, forecasting, WIP analysis, revenue recognition, and financial modeling for operational decisions. Opportunity to influence pricing, cost control, and capital-project ROI in a growing environment.

Qualifications

• 3+ years of experience in cost accounting, cost analysis, or operational finance.
• Bachelor's degree in Accounting, Finance, or related field.
• Experience with inventory accounting, WIP analysis, and revenue recognition.
• Strong analytical skills with the ability to interpret operational and financial data.
• ERP system experience and MS Excel skills.
• Experience within manufacturing, construction materials, heavy industry, or similar operational environments is preferred.

Responsibilities

• Maintaining and analyzing the cost accounting system including inventory valuation, cost drivers, and standard vs. actual cost reporting
• Reviewing daily production, inventory, and operational reporting to validate financial activity
• Managing WIP analysis and revenue recognition processes
• Preparing budgets, forecasts, month-end close activities, journal entries, reconciliations, and financial reporting
• Performing detailed cost analysis related to labor, raw materials, maintenance, utilities, depreciation, and other operational drivers
• Conducting profitability analysis, pricing analysis, and financial modeling to support operational and leadership decisions
• Supporting capital project analysis including ROI calculations, payback analysis, and capital expenditure planning
• Planning and reconciling physical inventory counts while ensuring accuracy and integrity of inventory costing
• Partnering with operations and contracting teams to evaluate bid performance and operational profitability
• Identifying process improvement opportunities through plant/site visits, operational audits, and cross-functional collaboration
• Various related duties and projects as needed

Skills

Analytical skills

Cost accounting knowledge

Education

Bachelor's degree in Accounting, Finance, or related field

Tools

ERP system experience

MS Excel

Job description

Job Description

Job Description

Cost Analyst

Calling all Cost Analysts!! Our client, located in the Raleigh area, is searching for a detail-oriented and analytical Cost Analyst to join their growing team on a direct-hire basis. This is a fantastic opportunity to work closely with both accounting and operations leadership in a highly visible role supporting financial performance and operational decision-making.

While working as the Cost Analyst , you will partner with accounting, operations, and leadership teams while overseeing responsibilities including:

• Maintaining and analyzing the cost accounting system including inventory valuation, cost drivers, and standard vs. actual cost reporting
• Reviewing daily production, inventory, and operational reporting to validate financial activity
• Managing WIP analysis and revenue recognition processes
• Preparing budgets, forecasts, month-end close activities, journal entries, reconciliations, and financial reporting
• Performing detailed cost analysis related to labor, raw materials, maintenance, utilities, depreciation, and other operational drivers
• Conducting profitability analysis, pricing analysis, and financial modeling to support operational and leadership decisions
• Supporting capital project analysis including ROI calculations, payback analysis, and capital expenditure planning
• Planning and reconciling physical inventory counts while ensuring accuracy and integrity of inventory costing
• Partnering with operations and contracting teams to evaluate bid performance and operational profitability
• Identifying process improvement opportunities through plant/site visits, operational audits, and cross-functional collaboration
• Various related duties and projects as needed

This is an incredible opportunity with a stable and growing company offering strong visibility across finance and operations. The role provides the opportunity to directly impact profitability, reporting accuracy, and strategic business decisions.

To be considered for this specific position you would need to have:

• 3+ years of experience in cost accounting, cost analysis, or operational finance
• Bachelor's degree in Accounting, Finance, or related field
• Experience with inventory accounting, WIP analysis, and revenue recognition
• Strong analytical skills with the ability to interpret operational and financial data
• ERP system experience and intermediate to advanced MS Excel skills
• Experience within manufacturing, construction materials, heavy industry, or similar operational environments is preferred

Beacon Hill is an equal opportunity employer and individuals with disabilities and/or protected veterans are encouraged to apply.

California residents: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

Completion of this form is voluntary and will not affect your opportunity for employment, or the terms or conditions of your employment. This form will be used for reporting purposes only and will be kept separate from all other records.

Benefits Information:

• Beacon Hill offers a robust benefit package including, but not limited to, medical, dental, vision, and federal and state leave programs as required by applicable agency regulations to those that meet eligibility.
• Upon successfully being hired, details will be provided related to our benefit offerings.