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Cost Accountant Financial Reporting

Cost Accountant​/Senior Cost Accountant

Job in Ardmore, Delaware County, Pennsylvania, 19003, USA
Listing for: Top Stack
Full Time position
Listed on 2026-03-11
Job specializations:
  • Accounting
    Cost Accountant, Financial Reporting
  • Finance & Banking
    Financial Reporting
Salary/Wage Range or Industry Benchmark: 80000 - 100000 USD Yearly USD 80000.00 100000.00 YEAR
Job Description & How to Apply Below

The Cost Accountant/Senior Cost Accountant at Inolex will maintain and enhance the cost accounting system while ensuring accurate financial reporting. This role involves key responsibilities in managing cost accounting processes, analyzing inventory, and supporting financial audits.

Key Responsibilities
  • Maintain Inolex's cost accounting system and recommend improvements as needed.
  • Develop a documented system of cost accounting policies and procedures with appropriate internal controls.
  • Participate in the monthly and year-end closing process, including journal entry preparation related to cost accounting.
  • Review standard costs for materials, labor, and overhead, highlighting manufacturing and yield variances.
  • Support analyses of potential excess and obsolete inventory items.
  • Ensure the accuracy of product-level Bills of Materials (BOMs).
  • Calculate and update labor and overhead rates annually ahead of the fiscal year-end.
  • Develop, calculate, analyze, and report key performance metrics.
  • Build manufacturing variance reports to identify issues and implement corrective actions.
  • Own all aspects of year-end financial audit related to inventory values, standard costs, and absorption rates.
  • Review and analyze inventory, margins, manufacturing variances, and capitalized variances.
  • Complete monthly reconciliation of inventory, purchase price variances, and manufacturing reports.
  • Prepare estimates of new and proposed product costs.
  • Partner with Supply Chain to coordinate Physical Inventory.
  • Collaborate with Operations and Supply Chain in preparing operating and capital budgets, managing monthly spend.
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    Position Requirements
    10+ Years work experience
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