Senior Cost Accountant

CPS, Inc.; Bellevue (WA); On-site; USD 90,000 - 120,000; Full time

Job summary

CPS, Inc. in Bellevue, WA is seeking a Senior Cost Accountant to lead the preparation and analysis of product costs, maintain standard costs, and support plant‑level financial close activities for operations leadership.

You will provide timely cost and inventory reporting, perform variance analyses, review work orders for cost accuracy, and coordinate with plant operations, supply chain, and finance to drive continuous process improvement.

Qualifications

• Experience maintaining standard costs and performing cost analyses.
• Ability to support monthly close activities and inventory reporting.
• Strong analytical skills with attention to detail.

Responsibilities

• Prepare pro forma and standard costs for products and changes.
• Maintain standard cost components (materials, labor, overhead) and ensure ERP reflect updates.
• Analyze cost performance and recommend standard cost updates.
• Provide cost and inventory reports and variance explanations to leadership.
• Review production work orders for cost accuracy and complete close processes on time.
• Support periodic inventories and cycle count processes with operations.

Skills

Cost accounting

Product costing

Variance analysis

Analytical thinking

Tools

ERP System

Excel

Job description

Senior Cost Accountant

This role is responsible for preparing and analyzing product costs, maintaining standard costs, supporting plant-level financial close activities, and providing timely and accurate cost and inventory reporting to operations and finance leadership.

Essential Duties And Responsibilities

• Prepare pro forma and standard costs for new and existing products based on customer and company specifications, in accordance with guidelines established by the Finance Manager - Operations and CFO.
• Maintain and update standard cost components, including raw materials, labor, and overhead. Ensure appropriate approvals are obtained for all standard cost changes and that changes are accurately reflected in the ERP system.
• Analyze historical cost performance of new and existing products and make recommendations for standard cost updates or corrections.
• Perform detailed cost analyses and ad hoc reporting to support management decision‑making, including clear explanations of variances from standard.
• Review and analyze production work orders for accuracy and material variances; coordinate corrections as needed and complete the work order close process in a timely manner.
• Support monthly close activities for assigned facilities by preparing inventory and production reconciliations and assisting with related journal entries to ensure accurate inventory valuation and cost variance reporting.
• Prepare and distribute daily, weekly, and monthly reports related to manufacturing costs, inventory levels, and production variances for West Coast operations.
• Assist with maintaining accurate perpetual inventory records and support compliance with cycle count policies and procedures in coordination with Operations and Supply Chain.
• Collaborate closely with plant operations, supply chain, and finance teams to ensure accurate costing, reporting, and continuous process improvement.
• Performs additional duties and supports special projects periodically based on organizational needs.