Senior Cost Accountant

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Industrial Valve Sales and Service (IVS), a proud subsidiary of The Industrial Service Group (ISG), is a trusted leader in the valve industry – specializing in the sale of new and surplus valves, comprehensive valve repair services, and turnkey packaged solutions. We support critical markets including chemical processing, pulp & paper, power generation, oil & gas, and industrial resellers.

Reporting to the Controller, the Senior Cost Accountant will take ownership of Work in Progress (WIP), job cost accuracy, inventory movement, and revenue/cost alignment within our ERP (Net Suite). You will serve as a key liaison between Accounting and Job Operations, ensuring that labor, materials, third-party costs, and miscellaneous job expenses flow accurately from WIP through to COGS at invoicing.

• Monitor and reconcile WIP across all service jobs, ensuring accuracy and completeness of labor, materials, TOs, third-party costs, per diems, and job-related expenses.
• Validate that job activity follows ASC 606 guidelines and aligns with revenue recognition policies.
• Review timecards, materials issued, transfers, purchase orders, and credit card transactions for proper job allocation.
• Identify and resolve WIP variances, cost misclassifications, and items stuck between WIP and COGS.
• Ensure projects flow correctly through Net Suite, from job creation to closure and invoicing.
• Troubleshoot and resolve inventory issues causing items to remain in WIP instead of flushing to COGS – especially item mismatches.
• Develop, enhance, and document processes for item integrity, transfer orders, and job-cost automation.
• Partner with Distribution and Purchasing to streamline item setup, TO workflows, and material staging.
• Work closely with Job Operations to record activity timely, accurately, and consistently.
• Coordinate with AP, Distribution, and Billing to resolve discrepancies in real time.
• Build and maintain WIP dashboards, aging reports, and job-cost analyses from Net Suite or Excel.
• Analyze trends in job profitability, material usage, and labor efficiency.
• Recommend and implement improvements to WIP controls, job-costing workflows, and ERP configuration.
• Participate in automation and system enhancement projects, including custom scripts and process redesign.

• 4–7+ years of experience in cost accounting, job costing, inventory accounting, or project accounting in a service, repair, or manufacturing environment.
• Strong grasp of WIP accounting and revenue recognition for service-based work under ASC 606.
• Proficiency in job costing concepts including labor, materials, overhead, and cost flow through ERP systems.
• Advanced Excel skills (pivot tables, lookups, shortcut proficiency; Power Query, Power BI, etc.).
• Experience working cross-functionally in high-volume cost environments.
• Ability to investigate messy data, reconcile complex transactions, and diagnose root-cause issues.
• Process-improvement mindset – comfortable questioning current workflows and designing better ones.
• Experience with Net Suite (preferred) or other Oracle-based ERPs.
• Strong communication skills with the ability to translate accounting requirements to operational teams.
• Highly organized, detail-oriented, and proactive.

At IVS, you’ll play a critical role in strengthening the accuracy and integrity of our financial reporting. Your work will directly impact job profitability, operational efficiency, and how we scale our service business nationwide.

• Competitive salary and performance-based incentives
• 401(k) with company match
• Health, dental, vision, and life insurance
• Disability coverage
• Paid time off (vacation, sick days) and holidays
• Opportunity to build a modernized WIP and job-costing function
• Collaborative culture with direct visibility to leadership