Senior Cost Accountant

Frederick Fox LLC; Los Angeles (CA); On-site; USD 90,000 - 120,000; Full time

Job summary

Frederick Fox LLC's client in the consumer goods sector seeks a Senior Cost Accountant to drive cost control and reporting in Los Angeles, CA. You will own standard costing, variance analysis, cost allocation, and ABC methods to support strategic decision-making.

Responsibilities include processing standard cost transactions, analyzing inventory valuations, preparing cost reports for management, and staying current with accounting standards and cost software practices.

Qualifications

• Bachelor's degree in Accounting or related field.
• 4+ years in senior cost accounting.
• Expertise in standard costing, variance analysis, and ABC.
• Strong analytical and problem-solving skills.
• Excellent communication and cross-department collaboration.

Responsibilities

• Oversee cost accounting functions including standard costing and variance analysis.
• Process standard cost transactions for materials, labor, and overhead.
• Analyze inventory valuations and correct variances.
• Prepare cost reports and presentations for management.
• Update product costs with operations team inputs.
• Maintain knowledge of relevant accounting standards.
• Utilize cost accounting software and best practices.

Skills

Cost accounting

Variance analysis

Standard costing

ABC costing

Analytical skills

Cross-functional collaboration

Education

Bachelor's degree in Accounting or related field

Job description

Our client is a leader in the consumer goods industry. They are seeking a highly motivated Senior Cost Accountant to join their growing financial team. You will play a critical role in ensuring the accuracy and efficiency of our cost accounting systems, providing valuable insights to support informed decision-making.

Responsibilities:

• Manage and oversee all aspects of the cost accounting function, including standard costing, variance analysis, and cost allocation.


• Process Standard Cost transactions, for Material, Labor, and Overhead as needed; evaluate and resolve unusual variances.


• Analyze inventory valuations and correct as needed


• Prepare cost reports and presentations for management, clearly communicating complex financial data.


• Evaluate and create product cost updates for inventory items added by the operations team


• Maintain a strong understanding of relevant accounting standards and regulations.


• Utilize cost accounting software and stay current with industry best practices.

Qualifications:

• Bachelor's degree in Accounting or related field.


• 4+ years of experience in a senior cost accounting role


• Proven expertise in cost accounting principles, including standard costing, variance analysis, and activity-based costing (ABC).


• Strong analytical and problem-solving skills with the ability to identify and resolve cost variances.


• Excellent communication and interpersonal skills, with the ability to collaborate effectively across departments.