Manufacturing Cost Accountant — Financial Insights & Costing

Lou-Rich; Albert Lea (MN); On-site; USD 75,000 - 90,000; Full time

Job summary

Lou-Rich, part of Innovance, Inc., seeks a Staff Accountant - Cost Accounting in Minnesota to maintain product costing and inventory valuation while partnering with operations to improve profitability.

The role supports month-end close, budgeting, and internal controls, with emphasis on cost analysis and manufacturing cost principles. CPA/CMA or progress toward certification is preferred.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field.
• 3–7+ years of accounting experience, preferably in manufacturing.
• Experience with cost accounting, inventory accounting, and financial analysis.
• Strong proficiency in Excel and ERP systems.
• Knowledge of GAAP and manufacturing cost principles.
• CPA, CMA, or progress toward certification is often preferred.

Responsibilities

• Analyze and maintain product costing, including standard costs, inventory valuation, and manufacturing variances.
• Prepare and review journal entries, account reconciliations, and financial reports to support month-end and year-end close processes.
• Monitor inventory transactions, support physical inventory counts, and ensure inventory accuracy and compliance with company policies.
• Partner with operations, production, and supply chain teams to analyze manufacturing performance, identify cost-saving opportunities, and improve profitability.
• Assist with budgeting, forecasting, and financial planning activities by providing cost analysis and variance reporting.
• Support internal and external audits and maintain compliance with accounting standards and internal controls.
• Develop and improve accounting processes, reporting tools, and ERP system utilization to enhance efficiency and data accuracy.
• Perform other accounting and financial analysis duties as assigned.

Skills

Cost accounting

Inventory accounting

Financial analysis

GAAP knowledge

Education

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

CPA, CMA, or progress toward certification

Tools

Excel

ERP systems

Job description

Lou-Rich, part of Innovance, Inc., seeks a Staff Accountant - Cost Accounting in Minnesota to maintain product costing and inventory valuation while partnering with operations to improve profitability.

The role supports month-end close, budgeting, and internal controls, with emphasis on cost analysis and manufacturing cost principles. CPA/CMA or progress toward certification is preferred.