Cost Accounting Analyst

Painesville, OH 44077

Posted: 02/14/25 Job Number: JV828635122 Pay Rate: $75000-88000 / year

Job Description

Our client located in Painesville, OH is looking for a Cost Accounting Analyst! This is a Direct Hire!The Cost Accounting Analyst is responsible for performing professional cost accounting functions, applying well-established cost accounting principles, standards, and practices. This role involves determining product costs, projecting costs for new processes or construction, and comparing actual costs to budgeted figures. The position requires a thorough understanding of cost accounting methods and the ability to adapt and apply these methods creatively when procedures are not strictly defined. A strong understanding of overall company operations is necessary for the successful execution of responsibilities.Key duties may include:
  • Cost Analysis & Reporting: Determining and analyzing product costs, research and development costs, and cost projections for new processes, tooling, and construction.
  • Financial Reporting & Analysis: Prepare, analyze, and report on financial performance, including cost trends & variances, to support strategic decision-making, cost optimization, and compliance with GAAP and company policies.
  • Management Reporting: Preparing reports for management that are critical for pricing decisions, cost-saving initiatives, and other financial analysis.
  • System Optimization: Analyzing and improving cost reporting systems, maintaining cost data records, and ensuring the accuracy of accounting records for cost reporting.
  • Process Improvement: Evaluating cost savings from design changes, raw material adjustments, or changes in manufacturing methods, and documenting those savings.
  • Leadership: Opportunities to lead cross-functional project teams and collaborate with shop floor personnel to drive process improvements, cost-saving initiatives, and operational efficiency, fostering alignment across departments.
PREFERRED EXPERIENCE:
  • 3-5 years of progressive experience in accounting roles, with a focus on cost accounting.
  • 4 year college degree with a major in Accounting, Finance, or a related field.
  • Demonstrated career growth, including increasing responsibility in cost accounting, financial analysis, or related accounting functions.
  • Experience with cost accounting methodologies, cost reporting systems, and financial analysis.
  • Strong understanding of manufacturing or product-based environments is preferred.
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About Painesville, OH

Ready to start your career journey in the vibrant region surrounding Painesville, Ohio? This charming area nestled in Lake County offers job seekers a unique blend of small-town charm and big city amenities. With proximity to Cleveland's renowned cultural institutions like the Cleveland Museum of Art and Playhouse Square, not to mention Lake Erie's refreshing waters, Painesville is a haven for those seeking a balanced lifestyle. Explore job opportunities in this thriving community, home to the beautiful Lake Metroparks, captivating artworks at the Gallery One Visual Arts Center, and the excitement of catching a game at the Classic Park stadium supporting the Lake County Captains. Start your career in a place where work-life harmony is more than just a dream. Discover your next opportunity today!