Nod CareersAuto-apply free

Cost Accounting Manager

infinitumelectric · Austin, Texas · Austin, Texas, United States
Auto-apply to this job with Nod →
<div class="content-intro"><hr> <p> </p></div><h1>Cost Accounting Manager</h1> <p><strong>Location:</strong> Austin, Texas</p> <p><strong>Work Arrangement:</strong> Hybrid; in office Tuesday through Thursday</p> <p><strong>Reports To:</strong> VP of Accounting</p> <p><strong>Direct Report:</strong> Senior Plant Accountant, Mexico</p> <p><strong>Travel:</strong> At least quarterly travel to the Mexico manufacturing facility, with additional travel as business needs require</p> <h2>Position Summary</h2> <p>We are seeking a hands-on Cost Accounting Manager to lead cost accounting, inventory accounting, manufacturing financial controls, and inventory working capital initiatives for a rapidly growing manufacturing organization with operations in the United States and Mexico.</p> <p>This role will own the company's product costing framework, including costed bills of materials (CBOMs), standard costs, inventory valuation, manufacturing variances, overhead absorption, routings, labor standards, and related month-end close activities.</p> <p>The Cost Accounting Manager will also play a key role in improving inventory efficiency and reducing Days Inventory Outstanding (DIO). This individual will partner with Supply Chain, Operations, Procurement, Engineering, FP&A, and Finance leadership to improve visibility into inventory drivers, identify excess and slow-moving inventory, and support actions that improve working capital without compromising customer service or manufacturing continuity.</p> <p>The role will directly manage the Senior Plant Accountant supporting our Mexico manufacturing operation and will travel to the plant at least once per quarter.</p> <h2>Costed Bills of Materials and Product Costing</h2> <ul> <li>Own the creation, maintenance, review, and approval process for costed bills of materials (CBOMs).</li> <li>Ensure every manufactured product has a complete and accurate CBOM reflecting current materials, quantities, labor, routings, outside processing, and applicable manufacturing overhead.</li> <li>Partner with Engineering to ensure engineering BOMs and manufacturing BOMs are accurately translated into financial product costs.</li> <li>Establish a formal process for reviewing and updating CBOMs for new products, engineering changes, supplier changes, material substitutions, and manufacturing process changes.</li> <li>Reconcile CBOM costs to ERP standard costs and investigate discrepancies.</li> <li>Identify missing, outdated, or inaccurate BOM components and drive corrective action with Operations and Engineering.</li> <li>Maintain appropriate documentation and controls over product cost changes.</li> <li>Support new product introductions by developing preliminary and final product costs before production launch.</li> <li>Provide visibility into the impact of design, sourcing, and manufacturing changes on product cost and margin.</li> </ul> <h2>Inventory and Working Capital Management</h2> <ul> <li>Own accounting and financial analysis for raw materials, work in process, and finished goods inventory.</li> <li>Partner with Supply Chain, Operations, Procurement, and FP&A to develop and execute initiatives to reduce Days Inventory Outstanding (DIO).</li> <li>Develop reporting that provides visibility into DIO by inventory category, product, location, and other relevant operational drivers.</li> <li>Identify excess, obsolete, slow-moving, and aged inventory and drive cross-functional action plans to reduce exposure.</li> <li>Analyze inventory purchasing patterns, production schedules, safety stock levels, lead times, and demand assumptions to identify opportunities to reduce working capital.</li> <li>Evaluate raw material, WIP, and finished goods levels to identify where cash is unnecessarily tied up in inventory.</li> <li>Monitor inventory turns and DIO trends and provide clear explanations of key drivers to Finance and Operations leadership.</li> <li>Quantify the cash flow impact of inventory reduction opportunities.</li> <li>Partner with Procurement on order quantities, purchasing cadence, supplier terms, and material lead times where these affect inventory levels.</li> <li>Partner with Operations on production scheduling, batch sizes, WIP levels, scrap, and yield improvements.</li> <li>Support development of inventory targets and working capital KPIs.</li> <li>Ensure inventory reduction initiatives maintain appropriate controls over customer service levels, production continuity, and financial reporting accuracy.</li> <li>Establish processes for excess and obsolete inventory reserves and net realizable value assessments.</li> <li>Oversee cycle counts and physical inventory accounting procedures.</li> <li>Ensure inventory subledgers reconcile to the general ledger.</li> </ul> <h2>Standard Costing</h2> <ul> <li>Own the company's standard costing methodology and standard cost roll process.</li> <li>Establish and maintain standard material, labor, subcontract, freight, and manufacturing overhead costs.</li> <li>Review labor and machine routings to ensure standards reflect current manufacturing processes.</li> <li>Develop and maintain labor and overhead rates in partnership with Operations and Finance.</li> <li>Validate standard costs before they are loaded into the ERP system.</li> <li>Perform periodic reviews of standard versus actual costs

Let Nod apply for you →

More jobs at infinitumelectric

Director of Technical Services — infinitumelectricCustomer Quality & RMA Engineer — infinitumelectricManager of Revenue Operations — infinitumelectricGlobal Fulfillment and Logistics Specialist – Contract — infinitumelectricMechanical Engineer — infinitumelectric