Cost and Capital Accountant

Core Hours

Monday - Friday, 8:00 am - 5:00 pm

Purpose and Scope

Performs a broad range of accounting responsibilities with a primary focus on cost accounting, inventory valuation, and capital asset accounting within a manufacturing environment. This role supports general accounting and financial close activities while providing analysis on production costs, inventory trends, and capital spending to ensure accurate financial reporting and support operational decision-making.

Essential Duties & Responsibilities

Capital / Fixed Asset Accounting

• Maintain fixed asset subledger, including asset additions, disposals, reconciliations, and tagging.
• Prepare and record depreciation and amortization entries in accordance with company policy.
• Review capital purchase requests and invoices for proper capitalization and coding.
• Coordinate and support periodic physical inventory of fixed assets.
• Prepare property tax filings and supporting schedules.
• Record lease accounting transactions in accordance with applicable accounting standards.
• Support maintenance of documentation and internal controls related to fixed asset and capital processes.

• Serve as a liaison between Accounting, Operations, and Supply Chain for inventory and capital-related matters.

Cost Accounting / Inventory Support

• Prepare cost specific journal entries and support month-end close, including inventory and cost of goods sold analysis.
• Analyze manufacturing variances (e.g., labor, overhead, production variances) and communicate key drivers and trends to support operational decision-making.
• Partner with Operations and Supply Chain to review inventory transactions, adjustments, and cycle counts.
• Assist with bill of material (BOM) reviews and work order variance analysis.
• Support inventory counts and reconciliations, including annual physical inventory audit.
• Maintain and update standard cost system including overhead application methodologies.
• Analyze inventory reserves and support management’s assessment of excess and obsolete reserves.
• Support standard cost updates and cost roll processes.
• Provide insights on inventory trends, cost drivers, and production efficiency to support Operations.

General Accounting & Close Support

• Prepare journal entries and perform account reconciliations across assigned areas, including inventory and capital accounts.
• Prepare schedules and documentation for external audits.
• Support monthly, quarterly, and annual financial reporting processes.
• Assist in maintaining internal controls over financial reporting.
• Support continuous improvement initiatives within accounting processes.
• Perform other duties as assigned.

Knowledge, Skills & Abilities 

• Solid understanding of accounting principles, including inventory, cost accounting, and fixed asset accounting.
• Strong technology skills including knowledge of ERP systems, proficiency with Microsoft Excel and all Microsoft Office applications.
• Effective communication skills with the ability to partner cross-functionally with Operations and Supply Chain.
• Skilled in effective organization and ability to pay attention to details and maintain accuracy while continuing to meet department deadlines.
• Ability to work effectively in a team environment with all levels of staff and management, including senior leadership.
• Ability to think analytically and make sound judgments and recommendations.
• Motivated, disciplined, proactive work ethic with ability to work independently.
• Ability to analyze and interpret financial report information and to take the appropriate corrective action.

Core Values

The Cost and Capital Accountant is expected to operate within the framework of Tolmar’s Core Values:

• Center on People:  We commit to support the well-being of our patients. We are committed to treating our employees and those we serve as valued partners. By placing people at the heart of our actions, we actively engage, invigorate, acquire knowledge, and grow together.​
• Are Proactive & Agile:  We embody a culture of engagement and action. With a hands-on approach, we fearlessly adapt to change. We anticipate, respond swiftly and efficiently to ignite a spirit that propels us towards extraordinary outcomes.​
• Act Ethically:  We are committed to consistently conducting our business in an ethical, compliant, and socially aware manner, in line with our purpose of positively impacting lives. We actively cultivate diversity, equity, inclusion & sustainability in our workplace.
• ​Constantly Improve:  We are committed to a collaborative & proactive effort to improve our products, systems, processes, and services by reducing waste, increasing efficiency & improving quality.​
• Are Accountable:  We think, act, and communicate with honesty, transparency, and clarity in alignment with our core values. We don't compromise our values for near term gain. We take accountability & ownership of our work, actions, successes, and setbacks. We strive to deliver our best as we shape the future.​

Education & Experience

• Bachelor’s degree in Accounting required.
• Two (2) or more years of relevant accounting experience, preferable in a manufacturing or cost accounting environment.
• CPA or CMA (or progress toward certification) preferred.

Working Conditions

• Working conditions are normal for an office environment.
• Work may require occasional weekend and/or evening work to adhere to strict deadlines

Compensation and Benefits

• Pay: $75,000 to $80,000, depending on experience 
• Benefits summary:  https://www.tolmar.com/careers/employee-benefits 

Tolmar compensation programs are focused on equitable, fair pay practices including market-based base pay and a strong benefits package. The final compensation offered may vary from the posted range based on the selected candidates qualifications and experience. 

Tolmar is an Equal Opportunity Employer. We do not discriminate on the basis age 40 and over, color, disability, gender identity, genetic information, military or veteran status, national origin, race, religion, sex, sexual orientation or any other applicable status protected by state or local law. It is our intention that all qualified applicants be given equal opportunity and that selection decisions are based on job-related factors.