Senior Cost Accountant

CPS Inc.; Bellevue (WA); On-site; USD 70,000 - 90,000; Full time

Job summary

CPS Inc. is seeking a Senior Cost Accountant to prepare and analyze product costs while supporting plant-level financial activities. The ideal candidate will maintain standard costs and provide accurate reporting to management.

Responsibilities include cost analysis, supporting month-end close activities, and collaborating with operations and supply chain teams to ensure accurate costing and continuous improvement. The role is critical for reporting and managing inventory and production variances, optimizing the overall financial performance of West Coast operations.

Responsibilities

• Prepare pro forma and standard costs for products based on specifications.
• Maintain and update standard cost components including materials and labor.
• Analyze historical costs and recommend updates or corrections.
• Perform detailed cost analyses and report for management decision-making.
• Review production work orders for accuracy and material variances.
• Support monthly close activities and prepare reconciliations.
• Prepare daily, weekly, and monthly reports related to costs.
• Maintain accurate perpetual inventory records.
• Collaborate with operations, supply chain, and finance teams.
• Support special projects as needed.

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.
• Perform additional duties and support special projects periodically based on organizational needs.