Cost Accountant

2 Months ago • 3-5 Years • Account Management • ~ $110,000 PA

Job Summary

Job Description

The Cost Accountant will be responsible for analyzing and updating standard costs, maintaining the cost accounting system, and preparing cost variance analysis. They will conduct inventory valuation and reconciliation, support physical inventory counts, and assist in preparing manufacturing performance KPIs. The role involves working with operations to explain cost variances, providing cost estimates for new products, and assisting with budgeting and forecasting. Additional responsibilities include supporting monthly closing processes, assisting with audit requests, ensuring compliance with internal controls, and participating in ERP system enhancements. The position requires adherence to the company's values of Integrity, Collaboration, Accountability, Respect, and Enthusiasm.
Must have:
  • Analyze and update standard costs of manufactured goods.
  • Maintain cost accounting system, including cost rolls, BOMs, and routings.
  • Prepare monthly, quarterly, and annual cost variance analysis.
  • Conduct inventory valuation, reconciliation, and reporting.
  • Bachelor’s degree in Accounting, Finance, or related field.
  • 3-5 years of cost accounting experience in a manufacturing environment.
  • Proficient in Microsoft Excel (VLOOKUPs, pivot tables, etc.).

Job Details

Primary Duties & Responsibilities
  • Analyze and update standard costs of manufactured goods.
  • Maintain cost accounting system, including cost rolls, BOMs (Bill of Materials), and routings.
  • Prepare monthly, quarterly, and annual cost variance analysis (e.g., PPV, labor efficiency, material usage).
  • Conduct inventory valuation, reconciliation, and reporting (raw materials, WIP, finished goods).
  • Support physical inventory counts and cycle count programs.
  • Assist in preparing and analyzing manufacturing performance KPIs (e.g., yield, scrap, throughput).
  • Work with operations to monitor and explain variances between actual and standard costs.
  • Provide cost estimates for new product launches or changes to existing products.
  • Assist with budgeting and forecasting for COGS and manufacturing overhead.
  • Assist with monthly closing process.
  • Support both Internal & External Audit requests.
  • Ensure compliance with internal controls and company policies.
  • Participate in ERP system enhancements related to cost and inventory modules.

Education & Experience

  • Bachelor’s degree in Accounting, Finance, or related field.
  • CPA or CMA preferred.
  • 3–5 years of cost accounting experience in a manufacturing environment.
  • Solid understanding of standard costing, cost accounting principles, and inventory management.
  • Experience with ERP systems (e.g., SAP, Oracle).

Skills

  • Strong analytical and problem-solving skills.
  • Proficient in Microsoft Excel (VLOOKUPs, pivot tables, etc.).
  • Excellent attention to detail and organizational skills.
  • Effective verbal and written communication abilities.

Safety Requirements

All employees are required to follow the site EHS procedures and Coherent Corp. Corporate EHS standards.

Quality and Environmental Responsibilities

Depending on location, this position may be responsible for the execution and maintenance of the ISO 9000, 9001, 14001 and/or other applicable standards that may apply to the relevant roles and responsibilities within the Quality Management System and Environmental Management System.

Culture Commitment

Ensure adherence to company’s values (ICARE) in all aspects of your position at Coherent Corp.:

Integrity – Create an Environment of Trust

Collaboration – Innovate Through the Sharing of Ideas

Accountability – Own the Process and the Outcome

Respect – Recognize the Value in Everyone

Enthusiasm – Find a Sense of Purpose in Work


 

Coherent Corp. is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law.


 

If you need assistance or an accommodation due to a disability, you may contact us at talentacquisition@coherent.com.


 

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