Senior Cost Accountant

CFS; West Boylston (MA); On-site; USD 115,000 - 135,000; Full time

Job summary

CFS in West Boylston, MA is seeking a Senior Cost Accountant to lead cost accounting for specialized manufacturing contracts and projects. You will manage percentage-of-completion revenue recognition under ASC 606 and work closely with production teams to monitor costs and margins.

The role requires at least 5 years in accounting with a manufacturing focus, a Bachelor's in Accounting, and strong Excel and GAAP knowledge. This position offers growth within a dynamic finance organization.

Qualifications

• Bachelor's degree in Accounting is required.
• Minimum 5 years of accounting experience with at least 3 in manufacturing or cost accounting.
• Experience with job costing or project-based manufacturing environments.
• Familiarity with ASC 606 and percentage-of-completion revenue recognition is highly desirable.
• Strong GAAP knowledge and financial statement analysis.

Responsibilities

• Oversee cost accounting and financial tracking for specialized manufacturing contracts and projects.
• Calculate and record percentage-of-completion revenue under ASC 606 guidelines.
• Evaluate WIP balances, direct labor, material costs, and production variances.
• Collaborate with production teams to assess project spending, margins, and financial performance.
• Analyze financial statements and ensure accurate recognition of manufacturing costs and revenue.
• Contribute to monthly closing activities and general ledger reconciliations.
• Recommend enhancements to accounting procedures and reporting efficiencies.

Skills

Cost accounting

Excel proficiency

GAAP knowledge

Manufacturing accounting

ASC 606 knowledge

Problem-solving

Education

Bachelor's degree in Accounting

Job description

• Join a reputable manufacturing company specializing in complex aerospace, defense, submarine, and precision-engineered products
• Play an integral role in project accounting, with roughly 50% of responsibilities dedicated to percentage-of-completion revenue recognition
• Collaborate closely with senior finance leadership and manufacturing operations on key financial initiatives
• Develop a deeper understanding of contract manufacturing, production costs, and project profitability
• Help drive improvements in financial processes, cost analysis, and operational reporting
• Position yourself for continued professional growth within an evolving accounting and finance department
• Oversee cost accounting and financial tracking for specialized manufacturing contracts and projects
• Calculate and record percentage-of-completion revenue under ASC 606 guidelines
• Evaluate WIP balances, direct labor, material costs, and production-related variances
• Work alongside production teams to assess project spending, margins, and overall financial performance
• Analyze financial statements and ensure accurate recognition of manufacturing costs and revenue
• Contribute to monthly closing activities, general ledger reconciliations, and financial reporting
• Recommend enhancements to accounting procedures, cost controls, and reporting efficiencies

Title:

Senior Cost Accountant

Salary:

$115K–$135K

Location:

West Boylston, MA

Why This Opportunity Stands Out

• Join a reputable manufacturing company specializing in complex aerospace, defense, submarine, and precision-engineered products
• Play an integral role in project accounting, with roughly 50% of responsibilities dedicated to percentage-of-completion revenue recognition
• Collaborate closely with senior finance leadership and manufacturing operations on key financial initiatives
• Develop a deeper understanding of contract manufacturing, production costs, and project profitability
• Help drive improvements in financial processes, cost analysis, and operational reporting
• Position yourself for continued professional growth within an evolving accounting and finance department

Senior Cost Accountant Key Responsibilities

• Oversee cost accounting and financial tracking for specialized manufacturing contracts and projects
• Calculate and record percentage-of-completion revenue under ASC 606 guidelines
• Evaluate WIP balances, direct labor, material costs, and production-related variances
• Work alongside production teams to assess project spending, margins, and overall financial performance
• Analyze financial statements and ensure accurate recognition of manufacturing costs and revenue
• Contribute to monthly closing activities, general ledger reconciliations, and financial reporting
• Recommend enhancements to accounting procedures, cost controls, and reporting efficiencies

Qualifications Of The Senior Cost Accountant

• Minimum 5 years of accounting experience, with at least 3 years focused on manufacturing or cost accounting
• Bachelor\'s degree in Accounting required
• Demonstrated knowledge of job costing, contract accounting, or project-based manufacturing environments
• Familiarity with ASC 606 and hands-on percentage-of-completion revenue recognition highly desirable
• Strong foundation in GAAP, financial statement analysis, and manufacturing accounting practices
• Experience supporting aerospace, defense, industrial manufacturing, or custom production operations preferred
• Excellent problem-solving abilities, strong Excel proficiency, and confidence working across accounting and operational teams