Cost Accountant

  • location: Farmington, CT
  • type: Permanent
  • salary: $70,000 - $75,000 per year
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job description

Cost Accountant

We are currently seeking a Cost Accountant for a very well known manufacturing company. The salary is $70k-75k and this is a direct hire with an excellent benefit package. If you qualify and would like to apply, please email your resume to for immediate consideration!

This is an amazing opportunity if you are looking to work for a well established company. We make long-term decisions and can therefore provide our employees with the confidence and stability necessary to bring even bold ideas to full development! Be apart of a team that will add to your success. Come join our work hard/play hard environment!

The Cost/Staff Accountant in Farmington, CT will apply principals of cost accounting to enhance accuracy and conduct studies which provide detailed cost information not supplied by general accounting systems. The Cost/Staff Accountant will need to be skilled in the extraction of data and interpretation of results and is able to translate this information to drive operational improvements. The Senior Cost Accountant will partner and coach multi-functional teams and lead projects to improve performance and internal controls. This position will also be a shared resource with operations for tasks including, but not limited to, investigating and determining root cause of inventory transaction issues, validating routing costs and productivity gaps. Will be required to work under minimal supervision with wide latitude for independent judgment.

Working hours: 8:00 AM - 5:00 PM

Job tasks:
--Ability to efficiently extract data from ERP system and to effectively analyze said data to maintain and develop operational Key Performance Indicators, including but not limited to productivity, efficiency and utilization reporting and to communicate areas for improvement to the operational teams and leadership.
--Manage standard cost process in line with corporate policy - fully responsible for setting and maintaining the accuracy of standard costs.
--Management of new item cost roll-ups in local ERP system - from ECO/ECR process and ad-hoc as necessary - and develop appropriate internal processes.
--Develop and create reports to better assist with Inventory Analysis, Work In Process Reviews, Margin Analysis, Variance Analysis.
--Ongoing analysis of margins, variances, inventory in order to drive better decision making in the business.
--Analyzes actual manufacturing costs and prepares ongoing report comparing standard costs to actual production costs with and to liaise with manufacturing teams to address areas of improvement.
--Partners with operational teams to aid in the financial justification of capital investments.



--Provide support to Procurement and Engineering during evaluation of make-buy decisions and new product costing
--Provide data to Pricing for margin review process and methodology to find areas where margins can be enhanced or improved by price increases and/or obsolescing/substitution.
--Management of Obsolete Inventory Process to include accurate application of policy; reporting; journal entries and administration of management overrides
--Partner with Supply Chain to continually improve the cycle count process with the goal to eliminate annual inventory count
--Identifies trends and recommends improvements throughout the value stream using a balance scorecard approach.
--Provides management with reports specifying and comparing factors affecting prices and profitability of products or services.
--Conducts special studies on an ad-hoc basis to analyze complex financial actions and to prepare recommendations for policy, procedure, control or action.
--Other duties as assigned.

--Bachelor's Degree in Accounting or related field.
--Five (5) to seven (7) years in Cost Accounting or equivalent education and experience.
--Experience in manufacturing environment is required.
--Excellent analytical skills proficient in data extraction and manipulation particularly in excel, visual access and SQL/Crystal.
--Self-motivated, proactive individual capable of working as a member of a team, leading teams and operating independently.
--Ability to effectively manage multiple tasks simultaneously, adaptable and flexible to a changing environment.
--High level of integrity and the demonstrated ability to handle sensitive and confidential information in a professional manner.
--Excellent presentation/facilitation, organizational, analytical, and written/oral communication skills.
--Ability to work in a fast paced, growth-oriented and time-critical environment.

If you qualify and would like to apply, please email your resume to for immediate consideration!

Randstad is a world leader in matching great people with great companies. Our experienced agents will listen carefully to your employment needs and then work diligently to match your skills and qualifications to the right job and company. Whether you're looking for temporary, temporary-to-permanent or permanent opportunities, no one works harder for you than Randstad. EEO Employer: Race, Religion, Color, National Origin, Citizenship, Sex, Sexual Orientation, Gender Identity, Age, Disability, Ancestry, Veteran Status, Genetic Information, Service in the Uniformed Services or any other classification protected by law.

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