Senior Cost Accountant

Overview

A growing manufacturer and distributor of medical equipment specializing in respiratory and sleep health is seeking a Senior Cost Accountant. This full-time remote position prefers candidates located on the East Coast. The role focuses on supporting accounting and financial reporting processes related to inventory, cost accounting, manufacturing accounting, month-end close, and balance sheet reconciliations.

Responsibilities

Cost Accounting & Inventory Management

• Maintain and analyze standard costing for manufactured products, including labor, overhead, and material components.
• Review and analyze inventory transactions, reserves, excess and obsolete inventory, and valuation.
• Monitor and analyze manufacturing variances such as purchase price variance, labor variance, overhead absorption, scrap, and production yield variances.
• Support annual standard cost updates and periodic cost roll processes.
• Reconcile inventory subledgers to the general ledger and investigate discrepancies.
• Assist with physical inventory counts, cycle counts, and inventory audit procedures.

Month-End Close & General Ledger Accounting

• Prepare and post monthly journal entries related to inventory, accruals, reserves, prepaid expenses, fixed assets, and other general ledger accounts.
• Support monthly, quarterly, and annual financial close processes, ensuring accuracy and timeliness.
• Perform detailed balance sheet reconciliations and account analyses, investigating and resolving reconciling items.
• Maintain supporting schedules and documentation for audit and financial reporting.
• Ensure compliance with U.S. GAAP, company accounting policies, and internal controls.

Treasury & Fixed Assets Activities

• Perform treasury-related activities including vendor payment submission and bank reconciliation.
• Assist with cash forecasting and other treasury functions.
• Manage fixed asset accounting and maintain accurate fixed asset records and schedules.

Financial Analysis & Reporting

• Prepare monthly operational and financial analyses related to manufacturing and inventory.
• Assist with external audit requests and provide supporting documentation.
• Identify opportunities for process improvements and automation within accounting and operational workflows.

Cross-Functional Collaboration

• Partner with operations, supply chain, procurement, and warehouse teams to improve inventory accuracy and financial reporting.
• Work closely with ERP system users to ensure integrity of inventory and costing data.
• Assist with ERP implementations, integrations, and process improvement initiatives related to manufacturing and inventory accounting.

Requirements

• Bachelor’s degree in Accounting or Finance required.
• 5-7 years of accounting experience, including manufacturing or cost accounting.
• Strong understanding of inventory accounting, standard costing, and general ledger accounting.
• Experience supporting month-end close and preparing balance sheet reconciliations.
• Knowledge of U.S. GAAP and internal controls.
• Advanced Microsoft Excel skills.

Preferred Qualifications

• Experience in manufacturing, medical device, distribution, or inventory-intensive industries.
• Experience with standard cost environments and inventory reserve analysis.
• Experience supporting external audits and internal control environments.
• Familiarity with ERP systems such as NetSuite, SAP, Microsoft Dynamics, or similar platforms.

Physical Demands

• Normal visual acuity and hearing required.
• Work primarily involves sitting with intermittent standing, walking, bending, and handling documents.
• Extensive use of computer terminals and keyboard manipulation.
• Occasional moving and lifting of heavy equipment (less than 5% of work).

Working Conditions

• Predominantly office environment.

Equal Opportunity

Reasonable accommodations may be made for individuals with disabilities to perform essential functions. The employer is committed to providing a drug-free workplace and is an Equal Opportunity Employer, not discriminating based on race, color, sex, age, national origin, religion, sexual orientation, gender identity, veteran status, disability, or any other protected class.