Cost Accountant at Vaco, LLC
Jersey City, NJ 07030
About the Job
We’re seeking an experienced and detail-oriented Senior Cost Accountant with over 5 years of experience in a manufacturing environment. The ideal candidate will have extensive knowledge of cost accounting principles, strong analytical skills, and experience working with Microsoft Office Suite, advanced Excel and Power BI. This role is critical in managing and optimizing our cost accounting processes, ensuring accurate cost analysis, and supporting decision-making to enhance the company’s financial performance.
Key Responsibilities:
- Cost Accounting Management:
- Develop, implement, and maintain cost accounting systems and procedures to accurately reflect manufacturing costs.
- Analyze production costs, identify cost-saving opportunities, and recommend improvements to enhance profitability.
- Conduct regular reviews of standard and actual costs, investigating variances and reporting findings.
- Inventory Management:
- Oversee inventory valuation, ensuring accurate costing of raw materials, work-in-progress, and finished goods.
- Coordinate with the production team to monitor and manage inventory levels, reduce waste, and optimize stock usage.
- Perform periodic physical inventory counts and reconcile discrepancies.
- Financial Analysis & Reporting:
- Prepare detailed cost analysis reports, including cost of goods sold (COGS), product margins, and manufacturing variances.
- Collaborate with the finance team to support budgeting and forecasting activities.
- Assist in month-end and year-end closing processes, ensuring accurate financial reporting.
- Compliance & Auditing:
- Ensure compliance with company policies, accounting standards, and regulatory requirements.
- Support internal and external audits by providing necessary documentation and explanations.
- Education: Bachelor’s degree in Accounting, Finance, or a related field. CPA or CMA certification is a plus.
- Experience: Minimum of 5 years of experience in cost accounting within a manufacturing environment.
- Technical Skills:
- Proficiency in Power BI
- Advanced skills in Microsoft Excel and other financial analysis tools.
- Knowledge:
- Strong understanding of cost accounting principles, including standard costing, variance analysis, and overhead allocation.
- Familiarity with Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS).
Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
EEO Notice
Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .
Vaco also wants all applicants to know their rights that workplace discrimination is illegal.
By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Privacy Notice
Vaco LLC and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco”) respects your privacy and are committed to providing transparent notice of our policies.
- California residents may access Vaco’s HR Notice at Collection for California Applicants and Employees here.
- Virginia residents may access our state specific policies here.
- Residents of all other states may access our policies here.
- Canadian residents may access our policies in English here and in French here.
- Residents of countries governed by GDPR may access our policies here.
Pay Transparency Notice
Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:
- the individual’s skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.
