Senior, Cost Accountant
Full job description
Collaboration drives Nordson’s success as a market leader in Industrial Precision Solutions and Advanced Technology. Our employees thrive in an environment where we help each other reach our personal best and enable our company to continuously improve and grow, and our customers to succeed. You will find Nordson employees sharing our success by giving back in the communities around the world where we live and work.
We are seeking a highly organized and detail-oriented professional to oversee costing, manufacturing spend and inventory management. This role involves managing the accuracy and efficiency of inventory processes, analyzing cost data, and ensuring alignment with company objectives and financial goals. The successful candidate will serve as a key point of contact for inventory and costing-related activities, leveraging their expertise to optimize workflows and improve decision-making.
Essential Job Duties and Responsibilities
Maintain accurate and up-to-date costing data
Develop and monitor standard costs, actual costs, and variances.
Identify and investigate discrepancies in cost data, recommending corrective actions.
Collaborate with the finance, operations, engineering and manufacturing teams to support month-end and year-end costing, manufacturing spend and inventory reports.
Analyze product profitability and provide insights to improve cost efficiency.
Develop budgets to support key manufacturing and operations initiatives.
Ensure inventory records are accurate and align with physical counts through periodic audits.
Monitor slow-moving, obsolete, or excess inventory and recommend appropriate actions.
Work with procurement and operations teams to maintain optimal stock levels.
Implement and enforce inventory policies and procedures to ensure consistency and compliance.
Serve as the subject matter expert (SME) for costing and inventory modules in business' ERP system.
Configure and troubleshoot ERP modules to ensure smooth operation and data accuracy.
Train and support team members on the effective use of the ERP system as it relates to costing and inventory.
Generate and distribute regular inventory, costing and manufacturing variance reports to key stakeholders.
Analyze inventory trends and costing data to identify improvement opportunities.
Provide recommendations to support strategic planning and decision-making.
Track key performance indicators (KPIs) related to inventory accuracy and cost management.
Liaise with procurement, finance, operations, and production teams to align on inventory and costing strategies.
Support cross-departmental initiatives to improve supply chain efficiency and cost control.
Contribute to budgeting and forecasting processes by providing detailed cost and inventory data.
Education Experience:
Bachelor's degree in Accounting, Finance, or related field of study required. MBA, CPA, CMA desirable.
5+ years of experience of accounting or finance experience supporting manufacturing or supply chain.
5+ years of experience analyzing results, performing variance analysis, identifying trends, and making recommendations for improvements to senior management.
Prior experience with Standard Costing practices within a manufacturing environment required.
Preferred Skills and Abilities
Strong analytical and problem-solving skills with attention to detail.
Advanced proficiency in Microsoft Excel and other data analysis tools.
Excellent organizational and time-management skills.
Strong communication skills, both written and verbal, with the ability to present complex data clearly.
Ability to lead and train team members effectively.
Apply Now
Collaboration drives Nordson’s success as a market leader in Industrial Precision Solutions and Advanced Technology. Our employees thrive in an environment where we help each other reach our personal best and enable our company to continuously improve and grow, and our customers to succeed. You will find Nordson employees sharing our success by giving back in the communities around the world where we live and work.
We are seeking a highly organized and detail-oriented professional to oversee costing, manufacturing spend and inventory management. This role involves managing the accuracy and efficiency of inventory processes, analyzing cost data, and ensuring alignment with company objectives and financial goals. The successful candidate will serve as a key point of contact for inventory and costing-related activities, leveraging their expertise to optimize workflows and improve decision-making.
Essential Job Duties and Responsibilities
Maintain accurate and up-to-date costing data
Develop and monitor standard costs, actual costs, and variances.
Identify and investigate discrepancies in cost data, recommending corrective actions.
Collaborate with the finance, operations, engineering and manufacturing teams to support month-end and year-end costing, manufacturing spend and inventory reports.
Analyze product profitability and provide insights to improve cost efficiency.
Develop budgets to support key manufacturing and operations initiatives.
Ensure inventory records are accurate and align with physical counts through periodic audits.
Monitor slow-moving, obsolete, or excess inventory and recommend appropriate actions.
Work with procurement and operations teams to maintain optimal stock levels.
Implement and enforce inventory policies and procedures to ensure consistency and compliance.
Serve as the subject matter expert (SME) for costing and inventory modules in business' ERP system.
Configure and troubleshoot ERP modules to ensure smooth operation and data accuracy.
Train and support team members on the effective use of the ERP system as it relates to costing and inventory.
Generate and distribute regular inventory, costing and manufacturing variance reports to key stakeholders.
Analyze inventory trends and costing data to identify improvement opportunities.
Provide recommendations to support strategic planning and decision-making.
Track key performance indicators (KPIs) related to inventory accuracy and cost management.
Liaise with procurement, finance, operations, and production teams to align on inventory and costing strategies.
Support cross-departmental initiatives to improve supply chain efficiency and cost control.
Contribute to budgeting and forecasting processes by providing detailed cost and inventory data.
Education Experience:
Bachelor's degree in Accounting, Finance, or related field of study required. MBA, CPA, CMA desirable.
5+ years of experience of accounting or finance experience supporting manufacturing or supply chain.
5+ years of experience analyzing results, performing variance analysis, identifying trends, and making recommendations for improvements to senior management.
Prior experience with Standard Costing practices within a manufacturing environment required.
Preferred Skills and Abilities
Strong analytical and problem-solving skills with attention to detail.
Advanced proficiency in Microsoft Excel and other data analysis tools.
Excellent organizational and time-management skills.
Strong communication skills, both written and verbal, with the ability to present complex data clearly.
Ability to lead and train team members effectively.