Instrument Development Co.
Human Resources Manager - Green Belt Lean Six Sigma Cert. Cert. Human Resources Management
Positionsummary
We are seeking a skilled Cost Accountant to join our dynamic teams in Delavan (Swiss Tech) and Mukwonago (IDC). The ideal candidate will thrive in ambiguous situations, be effective working independently, and bring valuable experience in navigating dynamic environments. This position is key to maintaining the financial health of the companies by ensuring accurate cost data, supporting strategic decision‑making, and driving profitability improvements. The Cost Accountant acts as a business partner to operations and leadership, providing analysis and recommendations that enhance performance and efficiency.
Functionsandresponsibilities
Cost Analysis & Reporting
Collect and analyze data to determine costs of business activities including raw materials, subcontract, labor, and overhead.
Prepare and maintain standard cost models for manufactured and purchased parts.
Analyze changes in product design, raw materials, and manufacturing methods to determine effects on costs.
Perform monthly variance analyses between standard and actual costs for raw materials, subcontract, labor, and overhead.
Investigate significant purchase price, usage, and efficiency variances, and partner with operations to implement corrective actions.
Provide periodic reporting comparing standard versus actual production costs and summarize results for management.
Assist with product line, customer, and job profitability analysis.
Financial Management & Support
Participate in month‑end close, journal entries, and reconciliation of inventory and cost accounts.
Assist in developing and maintaining accurate financial forecasts and budgets.
Support the CFO in preparation of financial statements and management reports.
Develop and maintain financial models to assess pricing, profitability, and cost efficiency opportunities.
Contribute to annual audit activities, ensuring cost data and inventory balances are accurate and supportable.
Assist in monthly inventory overruns and obsolescence analysis and reporting.
Inventory & ERP Management
Maintain the integrity of cost data within the ERP system (Epicor/Kinetic).
Create and roll standard costs and support the annual cost update process.
Verify inventory adjustments, monitor levels and values, and assist in establishing and maintaining cycle counting process.
Partner with operations to improve accuracy and efficiency of inventory and job cost transactions.
Continuous Improvement
Identify and implement cost‑saving opportunities and process improvements to increase profitability.
Provide data‑driven insights to management on trends and operational performance.
Participate in initiatives to streamline reporting, enhance accuracy, and improve internal controls.
Qualifications
3 to 5 years of experience in public/private accounting with demonstrated path of increased job role/responsibilities.
Experience in a manufacturing environment strongly preferred, with Epicor ERP experience preferred but not required.
CPA or CMA designation preferred.
Strong leadership, execution, business analytics, technical and communication skills.
Successful experience/exposure in month‑end close process, optimizing inventory management, partnering with management to implement pricing best practices, developing FP&A, optimizing cash flow, managing bank covenants, and serving as a business partner to achieve targeted results.
Knowledge, Skills, and Abilities
Strong understanding of cost accounting principles, inventory valuation, and GAAP.
Excellent analytical and problem‑solving skills with attention to detail.
Ability to interpret and communicate complex financial data to non‑financial audiences.
Strong organizational and time‑management skills; ability to meet deadlines.
Effective collaboration skills across multiple departments.
Seniority level Mid‑Senior level
Employment type Full‑time
Job function Accounting/Auditing and Finance
Industries Defense and Space Manufacturing
Referrals increase your chances of interviewing at Instrument Development Co. by 2x
#J-18808-Ljbffr
Functionsandresponsibilities
Cost Analysis & Reporting
Collect and analyze data to determine costs of business activities including raw materials, subcontract, labor, and overhead.
Prepare and maintain standard cost models for manufactured and purchased parts.
Analyze changes in product design, raw materials, and manufacturing methods to determine effects on costs.
Perform monthly variance analyses between standard and actual costs for raw materials, subcontract, labor, and overhead.
Investigate significant purchase price, usage, and efficiency variances, and partner with operations to implement corrective actions.
Provide periodic reporting comparing standard versus actual production costs and summarize results for management.
Assist with product line, customer, and job profitability analysis.
Financial Management & Support
Participate in month‑end close, journal entries, and reconciliation of inventory and cost accounts.
Assist in developing and maintaining accurate financial forecasts and budgets.
Support the CFO in preparation of financial statements and management reports.
Develop and maintain financial models to assess pricing, profitability, and cost efficiency opportunities.
Contribute to annual audit activities, ensuring cost data and inventory balances are accurate and supportable.
Assist in monthly inventory overruns and obsolescence analysis and reporting.
Inventory & ERP Management
Maintain the integrity of cost data within the ERP system (Epicor/Kinetic).
Create and roll standard costs and support the annual cost update process.
Verify inventory adjustments, monitor levels and values, and assist in establishing and maintaining cycle counting process.
Partner with operations to improve accuracy and efficiency of inventory and job cost transactions.
Continuous Improvement
Identify and implement cost‑saving opportunities and process improvements to increase profitability.
Provide data‑driven insights to management on trends and operational performance.
Participate in initiatives to streamline reporting, enhance accuracy, and improve internal controls.
Qualifications
3 to 5 years of experience in public/private accounting with demonstrated path of increased job role/responsibilities.
Experience in a manufacturing environment strongly preferred, with Epicor ERP experience preferred but not required.
CPA or CMA designation preferred.
Strong leadership, execution, business analytics, technical and communication skills.
Successful experience/exposure in month‑end close process, optimizing inventory management, partnering with management to implement pricing best practices, developing FP&A, optimizing cash flow, managing bank covenants, and serving as a business partner to achieve targeted results.
Knowledge, Skills, and Abilities
Strong understanding of cost accounting principles, inventory valuation, and GAAP.
Excellent analytical and problem‑solving skills with attention to detail.
Ability to interpret and communicate complex financial data to non‑financial audiences.
Strong organizational and time‑management skills; ability to meet deadlines.
Effective collaboration skills across multiple departments.
Seniority level Mid‑Senior level
Employment type Full‑time
Job function Accounting/Auditing and Finance
Industries Defense and Space Manufacturing
Referrals increase your chances of interviewing at Instrument Development Co. by 2x
#J-18808-Ljbffr