Industrial Electric Mfg. (IEM) · 3 days ago
SR. Cost Accountant - JAX/VAN
Jacksonville, FL
Full-time
Onsite
Senior Level
5+ years expIndustrial Electric Mfg. (IEM) is the largest independent full-line manufacturer of custom power distribution systems in North America. The Cost Accountant will be responsible for tracking and analyzing production costs, evaluating manufacturing processes, and providing financial insights to ensure optimal cost control and efficiency across the organization.
AutomotiveElectronicsLogisticsManufacturing
Responsibilities
Establish and set standard costs for new products
Responsible for year-end cost roll process (calculate revaluation impact, roll standard costs)
Ensure inventory is accurately valued
Track inventory levels, ensuring proper costing methods are applied to raw materials, work-in-progress, and finished goods
Review purchase price variance on raw materials (PPV)
Review production order variances (POV)
Provide accurate and timely reporting of variances between actual and budgeted costs with explanations
Prepare capitalization of manufacturing variances and freight by plants analysis
Prepare consolidated inventory reporting
Reconcile inventory records and assist with periodic physical inventory counts
Ensure accurate and consistent application of cost accounting methods
Track, monitor and analyze cost of goods sold (COGS), including raw materials, labor, and overhead costs
Prepare detailed cost reports to support management in making strategic decisions
Assist in preparing annual budgets and forecasts by providing cost estimates and projections
Perform regular reviews of actual costs versus budgeted costs and recommend corrective actions as needed
Collaborate with production and operations teams to identify opportunities for cost reduction and process improvements
Recommend changes to improve cost efficiency, productivity, and profitability
Ensure cost accounting practices comply with company policies, industry standards, and financial regulations
Support internal and external audits by providing required cost-related data and documentation
Work closely with the sales, purchasing, and production departments to ensure accurate costing and reporting
Provide support in pricing decisions, product profitability analysis, and inventory management
Qualification
Required
Bachelor's degree in Accounting or Finance
5-7 years of experience in cost accounting or a similar role (preferably in a manufacturing or production environment)
Strong understanding of cost accounting principles and methodologies
Proficiency in accounting software (e.g., SAP, Infor Syteline)
Intermediate to advanced Microsoft Excel
Analytical mindset with strong attention to detail and accuracy
Excellent communication skills to present cost information to both financial and non-financial stakeholders
Ability to work independently and as part of a team in a fast-paced environment
Preferred
CPA or CMA designation preferred
Benefits
Health, dental, and vision insurance
Retirement savings plan
Paid time off and holidays
Company
Industrial Electric Mfg. (IEM)
Industrial Electric Mfg. is an electronic manufacturing company that provides electrical distribution equipment.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Clayton Such
Chief Executive Officer
Warren (Jay) Potter
Interim Chief Financial Officer
Company data provided by crunchbase