Inventory & Cost Accountant

Oldcastle Infrastructure; Colfax (IA); On-site; USD 75,000 - 90,000; Full time

Job summary

Oldcastle Infrastructure, a CRH company, is seeking an Inventory & Cost Accountant for its Water Transmission operations. You will own inventory accounting across plants, reconcile SAP subledgers, and build a robust cost framework to improve margin visibility.

The role requires 3+ years in manufacturing cost or inventory accounting, strong SAP (CO-PC/MM/PP) and advanced Excel skills, and the ability to partner with plant operations and finance to drive accurate cost data and timely closes.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• 3+ years of cost or inventory accounting in manufacturing.
• Experience with standard costing, inventory valuation, and variance analysis under US GAAP.
• Hands-on SAP experience (CO-PC, MM, PP) or equivalent ERP.
• Advanced Excel; Power BI/HFM experience a plus.

Responsibilities

• Own monthly inventory accounting for raw materials, WIP, and finished goods, including reconciliation of the SAP inventory subledger to the general ledger.
• Coordinate physical inventory counts and cycle count programs with plant teams; investigate count variances and record adjustments.
• Prepare inventory reserve analyses, including excess and obsolete and lower of cost or net realizable value, to support balance sheet accuracy.
• Monitor inventory valuation, aging, and turns, and flag slow-moving or at-risk inventory to operations and supply chain.
• Maintain standard costs in SAP, including bills of material, routings, and activity rates, and support the annual standard cost roll and inventory revaluation.
• Prepare monthly manufacturing variance analysis (purchase price, material usage, labor, overhead absorption, yield, and scrap) and explain the operational drivers behind results.
• Perform process and production order settlement, WIP, and variance postings within SAP, and review cost estimates for accuracy.
• Analyze resin and raw material cost movements and quantify their impact on product cost and margin.
• Prepare journal entries, accruals, and account reconciliations for inventory, cost of goods sold, and manufacturing overhead within close deadlines.
• Maintain compliance with CRH financial controls and audit requirements, and support internal and external audit requests.
• Maintain the integrity of cost master data, including cost centers, material master costing views, and activity types.
• Identify opportunities to reduce manual workarounds and spreadsheets, and support system-based solutions and SAP enhancements.
• Partner with plant managers, production, and supply chain to ensure production reporting, material consumption, and scrap are recorded accurately and on time.
• Provide cost analysis and modeling to support pricing, capital requests, process improvements, and margin management.
• Translate cost results into practical insights for non-finance stakeholders, building credibility through regular engagement and on-site presence.
• Support plant teams in adopting new costing processes and tools as the cost accounting framework is implemented.

Skills

Inventory accounting

Cost accounting

US GAAP knowledge

Attention to detail

Communication

Education

Bachelor’s degree in Accounting/Finance

Tools

SAP CO-PC MM PP

Excel

Power BI

HFM

Job description

Job ID: 530361

Exempt

Job Summary

We are seeking an Inventory & Cost Accountant for the Water Transmission business. This hands‑on role is responsible for the accuracy of inventory and product cost across our manufacturing plants and plays a key part in building and stabilizing an SAP‑based cost accounting framework in a continuous‑process manufacturing environment.

Working closely with plant operations, supply chain, and the broader finance team, you will own inventory accounting and reconciliations, prepare manufacturing variance analysis, and maintain the cost data that drives margin visibility and decision‑making. Experience in continuous‑flow manufacturing such as PVC pipe, plastics, or chemicals is strongly preferred.

Job Location

• This position can be based out of Colfax, NC or Endicott, NY. There will be travel to plant sites as required

Job Responsibilities

• Own monthly inventory accounting for raw materials (resin and additives), work‑in‑process, and finished goods, including reconciliation of the SAP inventory subledger to the general ledger
• Coordinate physical inventory counts and cycle count programs with plant teams; investigate count variances and record adjustments
• Prepare inventory reserve analyses, including excess and obsolete and lower of cost or net realizable value, to support balance sheet accuracy
• Monitor inventory valuation, aging, and turns, and flag slow‑moving or at‑risk inventory to operations and supply chain
• Maintain standard costs in SAP, including bills of material, routings, and activity rates, and support the annual standard cost roll and inventory revaluation
• Prepare monthly manufacturing variance analysis (purchase price, material usage, labor, overhead absorption, yield, and scrap) and explain the operational drivers behind results
• Perform process and production order settlement, WIP, and variance postings within SAP, and review cost estimates for accuracy
• Analyze resin and raw material cost movements and quantify their impact on product cost and margin
• Prepare journal entries, accruals, and account reconciliations for inventory, cost of goods sold, and manufacturing overhead within close deadlines
• Maintain compliance with CRH financial controls and audit requirements, and support internal and external audit requests
• Maintain the integrity of cost master data, including cost centers, material master costing views, and activity types
• Identify opportunities to reduce manual workarounds and spreadsheets, and support system‑based solutions and SAP enhancements
• Partner with plant managers, production, and supply chain to ensure production reporting, material consumption, and scrap are recorded accurately and on time
• Provide cost analysis and modeling to support pricing, capital requests, process improvements, and margin management
• Translate cost results into practical insights for non‑finance stakeholders, building credibility through regular engagement and on‑site presence
• Support plant teams in adopting new costing processes and tools as the cost accounting framework is implemented

Job Requirements

• Bachelor’s degree in Accounting, Finance, or a related field
• 3+ years of cost or inventory accounting experience in a manufacturing environment
• Working knowledge of standard costing, inventory valuation, and variance analysis under US GAAP
• Hands‑on experience with SAP (CO‑PC, MM, and PP modules preferred) or a comparable ERP system
• Advanced Excel skills; experience with reporting tools (e.g., Power BI, HFM) a plus
• Experience in continuous‑flow or process manufacturing (PVC pipe, plastics, metals, paper, etc.) preferred
• Strong attention to detail, organization, and ability to meet close deadlines
• Clear communicator, comfortable working with both plant floor teams and finance leadership

Job Compensation

• Base salary range of $75,000 - 90,000 per year
• Bonus target 10%
• 401(k) plan / group retirement savings program
• Short‑term and long‑term disability benefits
• Life insurance
• Health, dental, and vision insurance
• Paid time off
• Paid holidays

What CRH Offers You

• Highly competitive base pay
• Comprehensive medical, dental and disability benefits programs
• Group retirement savings program
• Health and wellness programs
• An inclusive culture that values opportunity for growth, development, and internal promotion

About CRH

CRH has a long and proud heritage. We are a collection of hundreds of family businesses, regional companies and large enterprises that together form the CRH family. CRH operates in a decentralized, diversified structure that allows you to work in a small company environment while having the career opportunities of a large international organization.

Oldcastle Infrastructure, a CRH Company, is an affirmative action and Equal Opportunity Employer.

EOE/Vet/Disability

CRH is an equal opportunity employer. xzgxqkn All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law.

AI tools may be used in certain stages of the employment lifecycle, such as candidate review; however, all final employment decisions will be made by a person.