Cost Accountant

Job Summary

MDC Precision is seeking a Cost Accountant with 3–4 years of manufacturing experience to support inventory valuation, operational cost data analysis, standard costing, and margin analytics for high-precision vacuum components. Reporting to the CFO, you will deliver cost and profitability insights for management reporting, forecasting, and operational decision-making.

  Key Responsibilities

• Operational  cost analysis: Collect and analyze operational cost data (materials, labor, overhead, freight/shipping) to improve cost visibility and margin performance.
• Cost standards: Set, maintain, and roll standard costs for manufactured goods; develop and analyze cost standards and key cost drivers.
• Variance reporting: Analyze and explain PPV, labor, and overhead variances; recommend actions to reduce cost and waste.
• Reconciliations: Perform month-end inventory and cost account reconciliations; support cycle counts and inventory accuracy.
• BOM & routers: Partner with Engineering to maintain BOMs/routers that support accurate product costing.
• FP&A partnership: Provide margin and job-level profitability insights for management reporting; support forecast and annual planning inputs.
• CVP & decision support: Perform cost-volume-profit (breakeven) and make-vs-buy  analyses to support pricing, capacity, and sourcing decisions.

  Qualifications

• Experience: 3–4 years of cost accounting in manufacturing; high-precision/semiconductor equipment experience is a plus.
• Education: Bachelors degree in Accounting, Finance, or related field.
• Technical skills: Advanced Excel and manufacturing ERP experience (SAP, Oracle, Epicor).
• Knowledge: GAAP, standard costing, and management reporting fundamentals.

  Skills & Competencies

• Analytical/quantitative: Strong quantitative skills to interpret operational cost data, trends, and drivers.
• Financial analysis: Ability to build clear analyses and recommendations from incomplete or evolving data.
• Reporting: Comfortable preparing management reports and presenting findings to cross-functional partners.
• Systems/tools: Proficiency with ERP and financial reporting tools; advanced Excel (pivot tables, lookups, modeling).
• Attention to detail: High accuracy with large data sets and reconciliations in a manufacturing environment.
• Communication: Effective written and verbal communication; active listening and ability to influence.
• Collaboration: Strong teamwork and partnering skills across FP&A, Operations, Engineering, and Supply Chain.

Additional Details

Strong experience in cost accounting in a manufacturing environment.

Demonstrated ability to work cross-functionally, especially with Engineering & Operations departments.

Strong written and verbal communication skills.

Administrative and organizational skills.

Multi-tasking and accuracy of work product is a must.

Excellent analytical skills with attention to detail.

Intermediate to advanced level in Excel.

Ability to meet deadlines and work well under pressure.

Ability to cross-train with other accounting staff.

Team Player is a must.

Self-directed and motivated.

Function & Responsibility

This is a hands-on position in most aspects of accounting for the company with responsibilities to include Inventory and Product Costing. The position will also be responsible for maintaining procedures and processes to aid in achieving company financial targets and goals.

Primary Responsibilities:

Establishes Bills of Materials and Process Routers for new parts.

Work closely with the Engineering & Operations departments to evaluate cost drivers in manufacturing.

Update BOMs and Routers for changes to design or manufacturing methods & processes.

Recommend and implement process changes to costing within MDC’s ERP system.

Develop product cost and profitability analyses and identify process improvements.

Performs periodic Cost rolls and calculation of Direct Labor & OH rates for multiple sites.

Close of Production Orders and prepare work order variance analysis and explanations.

Monthly Reconciliation of Inventory/reporting for multiple locations.

Reviews and analyzes margins and manufacturing variances for multiple locations.

Month End Journal entry preparation and flux analysis.

Monthly balance sheet reconciliations.

Ensures all financial reporting deadlines are met.

Responsible for preparation of schedules for annual financial audit as well as bank/tax audits.

Improve financial status by analyzing results, identifying trends, and recommending corrective actions to management.

Prepare and execute the inventory cycle count program and, if required, conduct an annual Physical Inventory.

Ensure daily Consignment Consumptions are correctly invoiced & apply daily cash receipts.

Analyze and review E&O reserve requirements

Research and apply new analytical tools to improve the visibility of company performance.

Performs other duties as assigned by both the Controller and CFO.

Job Type: Full-time

Benefits

• Health & Wellness:  Medical, Dental, and Vision insurance.
• Retirement: 401(k) with company match.
• Time Off: PTO  (vacation/sick) and paid holidays.
• Additional perks: FSA, life and disability insurance, and recognition programs.