Cost Accountant

Job Title: Senior Cost Accountant
Department: Accounting
Location: Remote
Reports To: Cost Accounting Manager
FLSA Status: Exempt

About CMI: Since 1949 Central Moloney has been a leader in manufacturing distribution transformers and transformer components. With our ISO 9001 certification we remain committed to delivering highquality products with reliability precision and a relentless pursuit of excellence. As we continue to scale our operations we are seeking talented professionals to help power Central Moloneys future.

About the Role: The Senior Cost Accountant will be key in advancing Central Moloney’s cost accounting function. Reporting to the Cost Accounting Manager this individual will review production costing analyze cost models and support the company’s financial strategy. The Senior Cost Accountant will work closely with various teams to analyze cost of goods sold inventory management production variances and support audits and process improvements.

This is an exciting opportunity for a driven individual with strong analytical skills looking to make a direct impact on the companys financial health and operational efficiency.

Key Responsibilities

• Develop and maintain a cost accounting structure ensuring accurate Bill of Materials (BOM) and master data that directly impacts product costs and inventory records.
• Analyze production cost activity monthly and identify standard cost variances providing detailed reports and actionable insights.
• Support supply chain cost analysis including evaluation of fully loaded costs by product distribution point and customer.
• Maintain the integrity of inventory records reconciling complex transactions and resolving discrepancies.
• Prepare monthly journal entries related to production cost shipping handling and related allocations.
• Reconcile general ledger accounts including inventory for raw materials work in process (WIP) finished goods and shipping/handling costs.
• Review and report on expected versus actual costs providing variance analysis and explanations.
• Prepare monthly and quarterly financial reports and analysis supporting the company’s financial planning and decisionmaking process.
• Prepare audit schedules for cost accountingrelated items and ensure proper documentation to support quarterly and yearend audits.
• Execute key controls related to inventory and cost of goods sold (COGS) ensuring compliance with internal audit requirements.
• Lead process improvement initiatives in costing and inventory management to enhance operational efficiency.
• Assist with special projects as assigned contributing to crossfunctional financial initiatives.

Required Qualifications

• Bachelor’s degree in Accounting Finance or a related field.
• Minimum of 3 years of cost accounting experience preferably in a manufacturing environment.
• Indepth knowledge of US GAAP and Cost Accounting Standards.
• Experience with budget planning and understanding of cost drivers in a manufacturing setting.
• Strong proficiency with ERP systems and financial analytic tools.
• Advanced skills in Microsoft Excel including data extraction analysis and complex reporting.
• Previous experience with process improvement projects specifically within cost accounting or supply chain management.
• Strong attention to detail and the ability to manage multiple responsibilities effectively.
• Ability to work collaboratively across departments and communicate complex financial data clearly and concisely.

Work Environment: This is a remote position with occasional travel to company locations as required for meetings training or audits. The role offers flexibility and autonomy while supporting Central Moloney’s growing financial operations.

Benefits:

• 401(k) Health Dental & Vision insurance Life insurance Professional development assistance and Retirement plan.

Central Moloney is an equalopportunity employer committed to diversity and inclusion in the workplace. We do not discriminate based on race color religion sex sexual orientation gender identity or expression national origin age disability marital status familial status genetic information veteran status or any other characteristic protected by law. Our dedication to fostering an inclusive environment extends to all aspects of employment from recruitment to professional development. We encourage candidates of all backgrounds to apply as we believe diverse perspectives contribute to the strength and success of our team.

Recruitment Policy: No ThirdParty Involvement

We value the interests of all job seekers; however we do not accept unsolicited resumes or candidate submissions from recruitment agencies staffing firms or thirdparty recruiters. Resumes submitted without a signed agreement with Central Moloney will be considered the property of CMI. Central Moloney will not be responsible for any fees related to unsolicited resumes.