Cost Accountant

CPM Holdings • Lexington, North Carolina • Full Time

Posted on Sat, May 2, 2026

CPM Holdings, Inc. is a global process engineering and equipment company with one mission to sustainably feed, fuel and build a better world. CPM serves a wide range of industries with solutions that help improve everyday life for people across the globe. Comprised of a growing family of trusted equipment and technology brands, CPM is committed to product, geographic and acquisitive growth.
CPM is seeking a highly motivated Cost Accountant to support the finance function within our Thermal market segment. This role is responsible for cost accounting activities at our US and UK Thermal sites, ensuring the accuracy and integrity of manufacturing costs, inventory, and product costing while providing financial insight to support operational performance, cost control, and continuous improvement.
Initially reporting to the Operations Finance Manager, the ideal candidate will have strong cost accounting experience and a hands-on approach to operational finance.
Primary Responsibilities:

Maintain and administer the standard cost system, including the setup, review, and update of bills of material (BOMs), routings, labor rates, and overhead rates
Perform inventory accounting and control, including inventory valuation, reconciliations, cycle counts, physical inventories, and analysis of inventory reserves and obsolescence
Manage and monitor production orders, including timely and accurate production order closures, review of labor and material postings, and resolution of variances prior to close
Prepare and analyze manufacturing variances, including material usage, labor efficiency, labor rate, overhead spending, overhead absorption, and yield variances
Support the business with cost estimates and analysis for customer quotations, including material, labor, overhead, and margin analysis to ensure accurate and competitive pricing
Assist with budgeting and forecasting related to manufacturing costs, inventory levels, and production volumes
Foster a culture of accountability, collaboration, and continuous improvement
Other ad hoc duties as and when required

Required Qualifications:

2-5 years of cost accounting experience in a manufacturing environment
Hands-on experience with standard costing
Experience supporting monthly close and inventory accounting
Strong understanding of BOMs, routings, absorption and manufacturing accounting
Experience working with ERP systems (e.g. SAP, Oracle)
Positive attitude and excellent interpersonal skills in a team environment
Motivated self-starter with ability to prioritize workload and manage deadlines

Physical Requirements:

Must be able to lift to 25 lbs.
Prolonged periods of sitting
Walking/Standing
Driving
Talking/Hearing
Computer usage (daily)
Must be able to physically withstand traveling if needed

Additional Information:
Please note this job description is not designed to cover or contain a comprehensive list of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

CPM Acquisition Corp. is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status. CPM Acquisition Corp. offers competitive compensation and benefits, including paid holidays and vacations, 401k, medical/dental insurance, tuition assistance, and more.

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