Strategic Manufacturing Cost Analyst

Jobtailor

Minneapolis, Northern (MN, KY)

Hybrid

USD 90,000 - 125,000

Full time

14 days+

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Job summary

Jobtailor in Minneapolis, MN, is seeking a cost accountant with 5–7 years of manufacturing experience to oversee inventory valuation, COGS analysis, and cost-control initiatives. You will implement standard costing, monitor variances, and partner with Operations to drive efficiency. Strong ERP (IFS preferred) and Excel skills are required.

A CPA/financial certifications are advantageous. You will collaborate across Finance, Operations, and Supply Chain to deliver insightful reports and

Qualifications

Accounting credentials and related finance degrees are required or strongly preferred.
Experience in manufacturing costing, inventory valuation, and COGS analysis is essential.
Proven ability to manage complex cost structures and drive optimization in a manufacturing setting.

Responsibilities

Oversee valuation and reporting of inventory, ensuring accuracy and compliance with accounting standards.
Develop and implement inventory cost accounting methods, including standard costing, work-in-process, and finished goods.
Monitor inventory turnover and manage excess and obsolete inventory.
Participate in quarterly on-site inventory counts with operations.
Analyze COGS and monitor variances, recommending corrective actions to maintain optimal profit margins.
Work with production teams to identify cost drivers and inefficiencies and track direct materials, labor, and overhead.
Perform detailed manufacturing cost analysis and recommend cost-saving measures.
Develop reports tracking manufacturing cost performance, trends, and improvement areas.
Prepare cost estimates for new products, production changes, and manufacturing capital investments.
Oversee analysis and accounting of warranty expenses and collaborate on reducing warranty claims.
Manage and analyze inbound and outbound freight costs and optimize distribution networks.
Prepare and present reports to senior management and plant managers on manufacturing costs, inventory, COGS, warranty claims, and freight expenditures.
Assist with manufacturing-cost budgeting and forecasting.
Provide financial insights for production planning and cost-control decisions.
Lead continuous improvement initiatives in manufacturing costing.
Partner with Operations, Supply Chain, Procurement, and other cross-functional teams.
Identify cost-efficiency opportunities through process reengineering and automation.