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Institute of Management Accountants, Inc.

Cost Accountant

Institute of Management Accountants, Inc., Eden Prairie, Minnesota, United States, 55344

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Job Title:

Cost Accountant

Location:

Eden Prairie, MN

Industry:

Manufacturing

Reports To:

Cost Accounting Manager

Job Summary:

Our client, a leading manufacturing organization, is seeking a detail-oriented and analytical Cost Accountant to join their finance team. This role will be responsible for managing cost accounting functions including inventory valuation, cost of goods sold analysis, variance analysis, and standard cost maintenance. The ideal candidate will play a key role in supporting operational efficiency, cost control, and financial accuracy.

Key Responsibilities

Analyze and report on manufacturing costs, including labor, material, and overhead variances

Develop and maintain standard cost systems for raw materials, WIP, and finished goods

Perform monthly inventory analysis and reconciliation, and support physical inventory counts

Prepare detailed cost analysis and margin reports for management decision-making

Partner with production, engineering, and supply chain teams to identify cost-saving opportunities

Monitor and analyze inventory transactions for accuracy and compliance

Support monthly, quarterly, and year-end close processes related to cost accounting

Assist in budget and forecast preparation with cost and production inputs

Ensure adherence to internal controls and company accounting policies

Provide support for audits and ensure documentation of all cost-related procedures

Qualifications

Bachelor's degree in Accounting, Finance, or a related field

3+ years of experience in cost accounting within a manufacturing environment

Strong understanding of standard costing, inventory valuation, and GAAP principles

Proficient in ERP systems (e.g., SAP, Oracle, Microsoft Dynamics) and Excel

Excellent analytical, problem-solving, and organizational skills

Strong attention to detail and ability to meet tight deadlines

CPA or CMA certification a plus

Work Model:

Hybrid with 1-2 days work from home per week.

Compensation:

$45-$60/hr W2 hourly

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