Cost Accountant

COST ACCOUNTANT

POSITION SUMMARY

The Cost Accountant is responsible for analyzing, monitoring, and reporting manufacturing costs to support operational efficiency, inventory accuracy, and financial performance. This position plays a critical role in maintaining standard costing systems, analyzing production variances, managing inventory accounting, and supporting the monthly financial close process. The Cost Accountant partners closely with Manufacturing, Supply Chain, Operations, and Finance teams to provide accurate cost data and actionable insights for business decision-making.

ESSENTIAL DUTIES AND RESPONSIBILITIES

· Maintain and analyze standard costs for raw materials, work-in-process, and finished goods.

· Perform monthly inventory reconciliations and ensure inventory records are accurate and complete.

· Analyze manufacturing variances, including labor, material usage, scrap, overhead, and production efficiencies, and provide recommendations for improvement.

· Monitor and maintain Bills of Material (BOMs), routings, and production costing structures within the ERP system.

· Support month-end, quarter-end, and year-end financial close activities related to inventory and cost accounting.

· Prepare journal entries and reconcile general ledger accounts related to inventory, manufacturing costs, and cost of goods sold.

· Conduct cycle count and physical inventory audits and investigate inventory discrepancies.

· Collaborate with Production, Quality, Purchasing, and Operations teams to identify cost-saving opportunities and improve profitability.

· Assist in the development and monitoring of manufacturing budgets, forecasts, and annual operating plans.

· Prepare financial analyses and reports regarding production costs, margins, labor utilization, and manufacturing performance metrics.

· Support internal and external audits by providing requested documentation and analyses.

· Evaluate the financial impact of process improvements, capital investments, and operational changes.

· Assist with implementation and maintenance of inventory controls and accounting procedures.

· Ensure compliance with company policies, accounting standards, and internal controls.

· Perform special projects, analyses, and other duties as assigned.

· Other duties as assigned will be performed.

QUALIFICATIONS / REQUIREMENTS

· Bachelor's Degree in Accounting, Finance, or related field.

· Three to five years of accounting experience, preferably in a manufacturing environment.

· Experience with inventory accounting, standard costing, and cost analysis.

· Experience using ERP systems in a manufacturing setting.

Skills and Abilities:

· Strong understanding of cost accounting principles, inventory accounting, and manufacturing operations.

· Advanced Microsoft Excel skills including pivot tables, lookups, and financial modeling.

· Ability to analyze large data sets and present meaningful conclusions to management.

· Strong analytical and problem-solving skills.

· Excellent verbal and written communication skills.

· Highly detail-oriented with exceptional organizational abilities.

· Ability to work independently and collaboratively in a fast-paced manufacturing environment.

· Ability to maintain confidentiality of financial and operational information.

· Strong understanding of internal controls and financial reporting requirements.

WORKING CONDITIONS

· Standard office environment in a temperature controlled office, with normal air contaminants, such as dust, typically found in an office setting.

· Noise level is moderate and includes sounds of normal office equipment (computers, telephones, etc.)

· Position requires occasional, prolonged periods of standing and walking distances inside the plant.

· Type and read on a computer; communicate in person, on telephone, through written correspondence. May require standing, stooping, reaching, pushing and pulling.

· All offers of employment are conditioned upon successfully passing a drug test and background check.

Location: Savannah, GA

WHY NORMA PRECISION INC?

Norma Precision Inc., part of the Ammotec Group and recently acquired by Beretta Holding, is newly located in the beautiful Savannah, Georgia area and is GROWING! We are building a strong team of collaborators, doers and problem solvers to cultivate a culture of excellence and innovation where an entrepreneurial mindset is encouraged as we prepare to grow significantly in the next few years.

Norma Precision Inc. produces premium “Norma-branded” small arms ammunition and components for global military, law enforcement and everyday firearms enthusiasts. We further represent Beretta Defense Technologies in the supply of individual equipment for military, law enforcers and other partner country civil servants as part of our systems approach to developing business and partnerships.

When you are a part of the Norma Precision Inc, you are part of a team that values people, entrepreneurial spirit and action, quality and purpose. We offer an excellent benefits package including generous paid leave, paid holidays, affordable health, prescription, dental, and vision insurance, life insurance, 401k with company matching contributions and discounts on company products.

DISCLAIMER:

The above statements are intended to describe the general nature and level of work being performed by employees assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of employees assigned to this position. The Company reserves the right to amend and change responsibilities to meet business and organizational needs as necessary.

EQUAL OPPORTUNITY EMPLOYER

Norma Precision Inc. is an equal opportunity employer and encourages diversity. All employment offers are decided on the basis of qualifications, merit and business need.