Senior Cost Accountant

LHH; Cincinnati (OH); On-site; USD 90,000 - 115,000; Full time

Job summary

LHH is seeking an experienced Senior Cost Accountant in Cincinnati to support cost accounting, inventory, budgeting, forecasting, and operational financial analysis across a multi‑location environment. The role partners with finance, procurement, supply chain, and operations to improve cost visibility and reporting accuracy.

This is a permanent/direct‑hire position paying $90K–$115K annually. The successful candidate will standardize methodologies, develop rates, and provide pricing analytics

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field.
• 7+ years of cost accounting experience.
• Strong knowledge of standard costing, GL accounting, income statement impacts, and cost accounting principles.
• Experience with overhead cost absorption and allocation.
• SAP experience preferred.

Responsibilities

• Review expenses and cost transactions for accurate recording and allocation.
• Maintain and analyze standard costs for raw materials and finished goods.
• Support annual development of direct labor and overhead rates and monitor cost performance.
• Perform standard-to-actual variance analysis and investigate significant variances.
• Analyze purchase price variances and work with sourcing on forecasting and actions.
• Prepare recurring cost reports and metrics for inventory and operations.
• Reconcile monthly inventory and support inventory reserve calculations.
• Partner with teams to monitor KPIs and inventory procedures.
• Provide costing analytics to support pricing decisions, including freight costs.
• Collaborate on costing for new products and initiatives.
• Assist with BOM setup, maintenance, and data management.
• Support budgeting, forecasting, accruals, and analysis of results.
• Develop cost analyses to support supply chain and initiatives.
• Standardize cost accounting methodologies and reporting across locations.
• Complete additional cost accounting analyses and special projects as needed.

Skills

Cost accounting

Financial analysis

Excel

Office suite

Communication

Data interpretation

Education

Bachelor’s degree in Accounting/Finance

Tools

SAP

Job description

LHH is seeking an experienced Senior Cost Accountant to support cost accounting, inventory, budgeting, forecasting, and operational financial analysis within a multi-location environment. This position will work closely with finance, procurement, supply chain, operations, and other cross-functional teams to improve cost visibility, reporting accuracy, and financial processes. This position is permanent / direct hire and will pay between $90K and $115K annually.

Key Responsibilities

• Review expenses and cost transactions to ensure accurate recording, proper financial-period treatment, and correct GL, department, and project allocation.
• Maintain and analyze standard costs for raw materials and finished goods, including new and existing items.
• Support annual development of direct labor and overhead rates and monitor cost performance throughout the year.
• Perform standard-to-actual labor and overhead variance analysis and investigate significant cost variances.
• Analyze purchase price variances, identify root causes, and work with sourcing partners on forecasting and corrective actions.
• Prepare recurring reports and cost metrics covering inventory, plant operations, and overall financial performance.
• Reconcile monthly inventory, support inventory reserve calculations, and prepare weekly inventory adjustment forecasts.
• Partner with inventory and operational teams to monitor KPIs and support adherence to established inventory procedures.
• Provide costing analytics to support pricing decisions, including freight-related costs.
• Collaborate with commercial and product-development teams on costing for new products and initiatives.
• Support bill of materials setup, maintenance, and related data-management activities.
• Assist with budgeting, forecasting, accruals, and analysis of actual financial results.
• Develop cost and operational analyses to support supply chain and business initiatives, including projected versus actual costs.
• Help standardize cost accounting methodologies, reporting, metrics, and procedures across multiple locations.
• Complete additional cost accounting analysis and special projects as needed.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field.
• 7+ years of cost accounting experience.
• Strong knowledge of standard costing, general ledger accounting, income statement impacts, and cost accounting principles.
• Experience with overhead cost absorption and allocation.
• SAP experience preferred.
• Strong analytical and quantitative skills with the ability to interpret detailed financial and operational data.
• Proficiency with Microsoft Excel, Word, and PowerPoint.
• Effective communication, relationship-building, and collaboration skills.
• Comfortable working in a hands-on, fast-paced environment