Senior Cost Accountant

Vaco; Webster (MA); On-site; USD 80,000 - 100,000; Full time

Job summary

Vaco Recruiter Services is looking for a Senior Cost Accountant to join their Finance team in Webster, Massachusetts. This role focuses on managing and improving product costing and inventory valuation in a manufacturing setting.

The ideal candidate will have a bachelor's degree and three years of cost accounting experience, with strong skills in Excel and variance analysis. Responsibilities include journal entries, account reconciliations, and supporting audits, ensuring accurate financial reporting.

Qualifications

• 3+ years of cost accounting experience in manufacturing or construction.
• Strong understanding of manufacturing variances and financial reporting.
• Proven ability to identify trends and implement corrective actions.

Responsibilities

• Prepare month-end journal entries for all cost transactions.
• Reconcile inventory balance sheet accounts.
• Analyze and maintain product costing including labor and overhead rates.
• Monitor inventory valuation and manufacturing absorption accounts.
• Support audits and ensure accurate financial reporting.

Skills

Standard costing

Inventory accounting

Microsoft Excel

Data analysis

Documentation skills

Education

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

Job description

Senior Cost Accountant

Position Summary: Our client is seeking a Senior Cost Accountant to join its Finance team and play a critical role in managing, analyzing, and improving product and inventory costing within a manufacturing environment. This position is responsible for product costing, variance analysis, work order costing, and inventory valuation accuracy while partnering closely with Operations, Engineering, and Supply Chain teams.

Key Responsibilities

• Prepare and review month‑end journal entries related to all cost transactions.
• Reconcile inventory balance sheet accounts and maintain supporting schedules.
• Maintain and analyze product costing, including labor, overhead, and machine rates.
• Analyze manufacturing variances, including material, labor, overhead, purchase price, and production variances, and propose solutions.
• Ensure accurate work and production costing.
• Monitor inventory valuation, WIP, and manufacturing absorption accounts to ensure accuracy.
• Serve as a key finance resource for costing, inventory, and production processes within the organization’s ERP system.
• Review cost structures, inventory transactions, and financial postings to ensure accurate financial reporting.
• Ensure manufacturing costs are accurately reflected in financial reporting.
• Support internal and external audits.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field.
• Three or more years of cost accounting experience within a construction/manufacturing environment.
• Strong understanding of standard costing, and inventory accounting.
• Advanced Microsoft Excel skills, including analysis of large datasets and account reconciliations.
• Strong documentation and organizational skills with experience supporting audits and financial reviews.
• Ability to challenge data, identify trends, and drive corrective action.