Sr Cost Accountant

freseniusglobal; Warrendale (Allegheny County); On-site; USD 95,000 - 105,000; Full time

Benefits offered by this job

Medical, dental, and vision coverage

Life insurance

Disability insurance

401K with company contribution

Wellness program

Annual bonus

Job summary

Fresenius Kabi is seeking a Senior Cost Accountant in Warrendale, PA to analyze and maintain product costs, inventory valuation, and manufacturing performance metrics. You will partner with Operations, Supply Chain, Engineering, and Finance leadership to deliver actionable insights and improve profitability.

Responsibilities include standard costing, variances analysis, inventory management, budgeting and forecasting, and cost reporting.

Qualifications

• Bachelor's degree in accounting
• 5+ years cost accounting in a manufacturing environment
• Experience using SAP GUI (S/4HANA preferred)
• Strong Excel skills and data analysis ability
• Effective written and verbal communication with plant leadership

Responsibilities

• Maintain and analyze standard costs, BOMs, routings, and product cost structures.
• Analyze labor, material, overhead, scrap, yield, and production variances.
• Monitor inventory valuation, cycle counts, and reconcile balances.
• Support monthly close, budgets, forecasts, and long-range planning.
• Identify cost-saving opportunities and partner on CI projects.
• Develop cost reporting dashboards and SAP costing enhancements

Skills

Standard costing

GAAP knowledge

Excel skills

Communication skills

Education

Bachelor's degree in accounting

Tools

SAP GUI

S/4HANA

Job description

Salary Range: $95,000 to $105,000 dependent upon education and experience. A 6% Annual Target Bonus is also included with this position.

The Senior Cost Accountant is responsible for analyzing and maintaining product costs, inventory valuation, manufacturing performance metrics, and operational financial reporting. This role partners closely with Operations, Supply Chain, Engineering, and Finance leadership to provide actionable insights that improve profitability, support cost reduction initiatives, and ensure the integrity of cost accounting processes. The position serves as the subject matter expert for standard costing, manufacturing variances, and inventory analysis while supporting budgeting, forecasting, and strategic decision-making.

All employees are responsible for ensuring the compliance to company documents, programs and activities related to the Health, Safety, Environment, Energy, and Quality Management Systems, as per your roles and responsibilities.

Responsibilities

• Cost Accounting & Product Costing: Maintain and analyze standard costs, Bills of Materials (BOMs), routings, and product cost structures. Perform annual and periodic standard cost updates. Support new product costing, profitability analysis, and pricing decisions. Ensure accurate product cost valuation within SAP S/4HANA systems.
• Manufacturing Finance & Variance Analysis: Analyze labor, material, overhead, scrap, yield, and production variances. Investigate root causes of manufacturing inefficiencies and provide recommendations for corrective action. Develop and monitor key manufacturing KPIs. Present cost performance results to Finance and Operations leadership.
• Inventory Management: Monitor inventory valuation and reserve calculations. Support cycle count programs and physical inventories. Analyze inventory accuracy and identify inventory-related risks and opportunities. Reconcile inventory balances and resolve discrepancies.
• Financial Planning & Analysis: Support monthly close activities, including journal entries, accruals, and account reconciliations. Assist with annual budgets, forecasts, and long-range planning. Perform budget-to-actual analysis and explain significant variances. Develop financial models to support operational and strategic initiatives.
• Cost Reduction & Business Partnership: Identify and quantify cost savings opportunities. Partner with manufacturing, supply chain, and engineering teams on continuous improvement projects. Support productivity initiatives, sourcing decisions, and capital investments with financial analysis. Track and report realized savings from cost reduction programs.
• Reporting & Systems: Develop and maintain cost reporting and financial dashboards. Support SAP costing and other financial systems enhancements. Improve reporting automation and data accuracy. Ensure compliance with internal controls, accounting policies, and GAAP requirements.

Requirements

• Bachelors Degree in accounting.
• Five plus (5+) years cost accounting experience in a manufacturing facility is preferred.
• Experience using SAP GUI ( not Fiori ) in a manufacturing environment. (S/4HANA preferred)
• Working knowledge of standard costing, financial inventory controls and GAAP are required.
• Intermediate to Advanced Excel skills (Functions, Pivot Tables, Complex Formulas, etc)
• Must be able to communicate, both written and verbal with all levels of plant management.

Additional Information

We offer an excellent salary and benefits package including medical, dental and vision coverage, as well as life insurance, disability, 401K with company contribution, and wellness program.

Please note that joining our team does not create a guaranteed or permanent employment arrangement. All employment is at‑will, meaning both the employee and Fresenius Kabi have the right to end the employment relationship at any time, in accordance with applicable federal and state laws.

Equal Opportunity

Fresenius Kabi is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, citizenship, immigration status, disabilities, or protected veteran status.