Cost Accountant
Indexed description
Reporting to the Plant Controller, the Cost Accountant plays a critical role in driving financial transparency and operational efficiency. This position is responsible for analyzing manufacturing costs, preparing cost reports, and partnering with cross-functional teams to optimize cost structures. This is a high-impact opportunity to influence strategic decisions and support ESAB’s mission of innovation and excellence.
Primary Duties
- Analyze and monitor manufacturing costs, variances, and inventory valuation.
- Prepare and maintain standard cost models and cost roll-ups.
- Collaborate with operations and supply chain teams to identify cost-saving opportunities.
- Support monthly, quarterly, and annual financial close processes related to cost accounting.
- Conduct margin analysis and provide insights to support pricing and profitability strategies.
- Assist in budgeting and forecasting activities related to cost and inventory.
- Ensure compliance with internal controls and corporate accounting policies.
- Participate in continuous improvement initiatives and ERP system enhancements.
- Bachelor’s degree in accounting, Finance, or related field; CPA or CMA preferred.
- 3+ years of experience in cost accounting, preferably in a manufacturing environment.
- Strong understanding of standard costing, inventory management, and variance analysis.
- Proficiency in ERP systems (e.g., SAP, Oracle) and advanced Excel skills.
- Excellent analytical, problem-solving, and communication skills.
- Ability to work independently and collaboratively in a fast-paced environment.
- Remains in a stationary position 50% of the time; may involve walking, stooping, and standing.
- Must wear Personal Protective Equipment (PPE) when visiting manufacturing and plant locations.
- Constantly operates a computer and other office productivity tools.
- May be exposed to varying weather conditions during travel.
- Occasionally lifts or moves equipment up to 50 lbs.; uses safety tools for heavier items.
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