Sr. Cost Accountant

Company Summary

At Young Innovations, we foster a dynamic environment where team members make an impact every day as part of a collaborative, inclusive culture. Together, we serve the dental profession and their patients, united in our mission of achieving a Lifetime of Oral Health™. We embrace diverse perspectives and encourage bold thinking, challenging traditional approaches with a bias for action. Whether you’re looking to expand your skills or grow your career, Young is here to support your goals and continuous learning.

At Young, YOU are at the core of what we do.

The Sr. Cost Accountant is responsible for determining the cost of raw materials, labor, overhead and valuing inventory across our manufacturing sites. This role supports acquisition integrations, preparing month end inventory reporting and reconciliations, along with journal entries and other ad hoc projects.

• You enjoy the clear connection between numbers and operations; you can really see your impact across production and efficiency.
• You like understanding the ‘why’ behind things and cross collaboration.
• You’re results oriented; willing to roll up the sleeves, work around barriers, and get the job done.

• Medium sized company; not too big, not too small; just enough to get things done and see your impact.
• Full medical, dental, vision, 401k, parental leave, paid holidays, paid time off, short & long term disability insurance, employee assistance program, and more!

• Finance, Accounting, Plant Managers, Procurement, Supply Chain and more.

• Financial Reporting & Close Responsibilities
  • Execute monthly close responsibilities according to schedule for assigned scope areas, including preparing journal entries and variance reporting.
  • Prepare inventory related balance sheet account reconciliations and supporting documentation.
  • Review, investigate, and correct errors and inconsistencies in inventory accounting transactions to ensure proper general ledger treatment.
  • Lead and execute variance capitalization analysis and reporting, including material usage and purchase price variances, direct and indirect labor, and manufacturing overhead variances; partner with FP&A to incorporate into monthly variance reporting.
  • Work with the Company’s external auditors to provide requested documentation and explain transaction activity.
  • Support other enterprise-wide accounting activities as needed.
• Costing, Inventory & Manufacturing Support
  • Lead preparation, validation, and execution of standard cost rolls.
  • Participate with cross functional teams to properly make cost changes in existing BOMs, prepare BOM cost estimates, and support creation of new items/BOMs.
  • Support manufacturing operating activities as needed (cycle counts, physical inventory, etc.).
  • Execute acquisition integration activities related to cost accounting, including opening balance sheet inventory, month end close support, and standard cost/ERP deployment.
• Process Improvement & Cross Functional Collaboration
  • Identify areas within cost accounting to improve processes and lead continuous improvement initiatives (close cycle time, capitalization, perpetual inventory, standard cost rolls, etc.).
  • Collaborate cross functionally with operations, FP&A, and other business partners to ensure accurate costing and reporting.
  • Some travel required.
• Other duties as assigned