Cost Accountant
Location: Valencia, CA
Job Type: Temp To Full-Time
Company: Coast Personnel
Salary: Market Rate
Category: Light Industrial
Job Description Apply Now
The role of a Cost Accountant is critical in ensuring the financial integrity and operational efficiency within a manufacturing setting. As a Cost Accountant, you will be responsible for determining, implementing, and maintaining cost accounting procedures that align with industry standards and best practices. This position involves working collaboratively with multiple departments to ensure the accuracy of inventory valuation, standard cost maintenance, and compliance with regulatory frameworks such as CAS and ASC 606. The Cost Accountant position offers the opportunity for professional growth in a dynamic business environment, and it is ideal for individuals seeking to leverage their analytical expertise and contribute to organizational success.
As a Cost Accountant, you will be deeply involved in analyzing cost data, reviewing variances, and recommending improvements based on detailed financial assessments. You will also play a significant role in forecasting costs for new projects and validating existing cost structures, ensuring that the organization remains competitive and cost-effective. Working within a team-oriented culture, you will ensure adherence to internal control systems and support periodic financial close activities. This position requires a strong understanding of manufacturing processes, inventory management, and financial reporting, making it an excellent fit for professionals with a background in accounting or finance, particularly those experienced in standard cost environments.
The Cost Accountant role also extends to supporting audits, both internal and external, as well as contributing to tax-related requirements such as R&D tax support. You will be responsible for continuous process improvement, developing documentation to support best practices, and providing backup support to other finance functions. With your advanced analytical capabilities and familiarity with ERP systems, you will help drive transparency, accuracy, and efficiency throughout the organization’s cost accounting functions. If you are ready to make an impact and advance your career, apply for the Cost Accountant position today by clicking the job application button.
Cost Accountant - Summary- Responsible for implementing and maintaining cost accounting procedures in a manufacturing environment.
- Ensures accuracy in standard costs, inventory valuation, and compliance with relevant accounting standards.
- Collaborates with cross-functional teams to support financial decision-making and operational improvements.
- Supports audits, tax requirements, and ongoing process improvements.
- Opportunity for professional growth in a team-driven workplace.
- Review, analyze, and reconcile standard and actual costs.
- Identify and address cost inaccuracies, trends, and opportunities for improvement.
- Analyze manufacturing variances and recommend corrective actions; update standard costs as needed.
- Develop and maintain standard cost system settings, routings, bills of materials, and overhead rates.
- Manage annual cost rolls and participate in cost estimating for new projects.
- Prepare detailed cost estimates for new parts, engineering changes, and customer quotations.
- Support pricing decisions and profitability analysis by presenting cost and margin analyses.
- Assist in budgeting and forecasting, including overhead rate development.
- Partner with operations and engineering to validate routings and labor standards.
- Develop internal controls for accurate recording of labor times, machine hours, and production activity.
- Calculate and maintain perpetual inventory values, including reserves and cycle count adjustments.
- Support month-end close activities; prepare journal entries, account reconciliations, and revenue worksheets.
- Provide documentation for internal and external audits related to cost accounting and inventory.
- Support R&D tax requirements and other departmental requests as needed.
- Evaluate and improve cost accounting processes, tools, and reporting.
- Generate and maintain process documentation and desktop procedures.
- Provide backup support to other finance functions such as accounts payable, cost estimating, and accounts receivable.
- Competitive compensation commensurate with experience and qualifications.
- Comprehensive benefits package including health, dental, and vision coverage.
- Retirement savings plans and potential for performance-based incentives.
- Opportunities for professional development, growth, and advancement within the company.
- Bachelor’s degree (B.A. or B.S.) in Accounting or Finance from an accredited four-year institution.
- 3-5 years of experience in a manufacturing standard cost environment.
- Thorough knowledge of accounting procedures, including experience with CAS and ASC 606.
- Strong analytical skills with keen attention to detail and time management abilities.
- Proficiency in English, both written and verbal, with ability to interpret business, technical, and financial documents.
- Mathematical proficiency, including calculations involving percentages, ratios, and statistical inference.
- Advanced skills in Microsoft Excel (pivot tables, file linking, macros), Word, and PowerPoint.
- Experience with ERP/inventory systems; D365 experience preferred.
- Ability to draft reports, business correspondence, and procedure manuals.
- Detail-oriented and analytical, with a proactive approach to problem-solving.
- Strong communication skills and the ability to collaborate with cross-functional teams.
- Demonstrated ability to manage multiple tasks and adhere to deadlines.
- Experienced in cost accounting within a manufacturing setting.
- Adaptable and open to continuous learning and process improvement.
- Physical demands include frequent sitting, typing, handling objects, and talking/hearing.
- Occasional standing, walking, reaching, and lifting/pushing/pulling up to 10lbs; rare lifting up to 25+lbs.
- Frequent use of computer monitors and close vision; occasional color vision and adjusting focus.
- Work environment ranges from very quiet to moderate noise, with occasional exposure to mechanical parts, fumes, or airborne particles.
- Company is committed to equal employment opportunity and diversity in the workplace.
If you are seeking a challenging and rewarding role as a Cost Accountant in a collaborative setting, we encourage you to take the next step in your career and apply by clicking the job application button today.