Senior Cost Accounting Analyst

Klein Tools; Mansfield (TX); On-site; USD 85,000 - 120,000; Full time

Benefits offered by this job

Paid Vacations & Holidays

Profit Sharing & Matching 401(k)

Health Insurance (Medical, Vision, & <

Discounts on Klein Tools products

Education and Professional Development

Job summary

Klein Tools is seeking a Senior Cost Accounting Analyst to lead cost accounting, inventory, and product costing within a fast-paced manufacturing environment. You will own month-end close, journal entries, and balance sheet reconciliations, and provide costing insights to Plant Management and Finance leadership in GAAP-compliant ways.

Ideal candidates have 3–6 years in cost accounting, strong analytical and communication skills, and proficiency with SAP/Oracle/Excel.

Qualifications

• Strong knowledge of cost accounting principles.
• Experience with standard costing and inventory accounting.
• Proficiency in Excel and ERP systems.
• CPA or CMA is a plus.

Responsibilities

• Own month-end and year-end close activities.
• Prepare journal entries for cost updates and variances.
• Analyze material, labor, and overhead variances and explain drivers.
• Maintain standard costs, BOMs, routings, and overhead rates.
• Support audits and ensure GAAP compliance.

Skills

Cost accounting

Analytical thinking

Communication

Attention to detail

Microsoft Excel

Education

Bachelor's degree in Accounting/Finance

Tools

SAP

Oracle

QuickBooks

Job description

At Klein Tools, curiosity powers discovery, ownership inspires excellence, and urgency means we run towards opportunities. We deliver quality and innovation in everything we do, designing and launching hundreds of groundbreaking products each year. Join us and be part of a legacy built to last.

Perks for you include:

• Paid Vacations & Holidays
• Profit Sharing & Matching 401(k)
• Health Insurance (Medical, Vision, & Dental)
• Discounts on Klein Tools products
• Education and Professional Development Assistance

The Senior Cost Accounting Analyst is responsible for ensuring that cost accounting and related financial transactions are accurately recorded, analyzed, and reported in accordance with company accounting policies and GAAP. This role owns key cost accounting activities, including month-end and year-end close, inventory accounting, balance sheet reconciliations, and operational cost analysis.

The Senior Cost Accounting Analyst partners closely with Plant Controllers, Procurement and Sourcing, Industrial Engineering, Plant Management, Operations, and Finance leadership to provide accounting guidance and financial insight on routine and non-routine transactions, product costing, and cross-functional initiatives. The role operates in a fast-paced manufacturing environment, supports audit and budget activities, and communicates cost and inventory insights to management.

Specific Responsibilities

Cost Accounting & Product Costing

• Support and execute product costing processes within a standard costing environment, including annual cost roll activities and cost updates for new and existing products.
• Maintain and update standard costs, bills of material, routings, and overhead rates in coordination with Plant Controllers, Procurement, and Industrial Engineering.
• Analyze material, labor, and overhead variances; clearly explain drivers and ensure appropriate accounting treatment.
• Prepare recurring and ad hoc journal entries related to standard cost updates, inventory adjustments, manufacturing variances, and cost of goods sold.

Financial Accounting & Close Ownership

• Own cost accounting–related month-end and year-end close activities, including journal entries, supporting schedules, and balance sheet reconciliations.
• Ensure cost and inventory transactions are properly recorded and aligned with company accounting policies and GAAP.
• Investigate, resolve, and communicate variances and reconciling items in a timely manner.
• Support annual budget and forecast preparation from a cost accounting perspective.

Inventory & Intercompany Accounting

• Ensure accurate inventory accounting, including valuation, cutoff, and reconciliation of inventory balances.
• Coordinate and support physical inventory counts and cycle counts; analyze and resolve discrepancies.
• Review inventory reserves, excess and obsolete inventory analyses, and intercompany inventory transactions for accuracy and compliance.

Cross-Functional Partnership & Operational Support

• Partner with Plant Management, Procurement, Sourcing, and Industrial Engineering to ensure transactional accuracy and effective cost management.
• Provide financial insights to support operational decisions, cost initiatives, and new product introductions.
• Collaborate on cross-functional projects focused on cost improvement, efficiency, and process standardization.

Compliance, Controls & Audit

• Maintain strong internal controls over cost accounting and inventory processes.
• Prepare audit schedules and supporting documentation; serve as a key contact for internal and external audits.
• Ensure compliance with accounting standards, internal policies, and regulatory requirements.

Advisory Support & Business Partnership

• Provide accounting guidance and recommendations on complex, non-routine, or upcoming transactions to ensure appropriate cost treatment and compliance with accounting standards.
• Evaluate the accounting impact of operational changes, sourcing decisions, and new product introductions in partnership with cross-functional teams.
• Provide accounting insight to support cross-functional initiatives that drive cost transparency, efficiency, and process improvement.

Job Qualification Requirements

Education:

Bachelor’s degree in Accounting, Finance, or a related field.

Experience:

3-6 years of experience in cost accounting, preferably in a manufacturing or similar environment.

Skills and Competencies:

• Strong knowledge of cost accounting principles and practices.
• Proficiency in accounting software (e.g., SAP, Oracle, or QuickBooks) and Microsoft Excel.
• Excellent analytical and problem-solving skills.
• Strong attention to detail and organizational abilities.
• Effective communication and interpersonal skills.

Certifications (Preferred):

CPA, CMA, or equivalent certification is a plus.

Physical Demand Requirement

Occasionally required to stand, walk or sit; use hands to grasp, handle or feel objects, tools or controls; use fingers to touch, pick or pinch objects; reach with hands and arms; push or pull; climb stairs; balance; stoop, kneel, crouch or crawl; use foot or leg controls; talk or hear. The employee must occasionally lift and/or move objects up to 25 pounds. For all jobs no one should lift over 50lbs on their own. Specific vision abilities required by the job include close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus.

Your main focus:

• Quality
• Customer Obsession
• Innovation
• Ownership
• Teamwork

Klein Tools is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status. For candidates with disabilities and needing assistance, please email us at [e-mail].