Cost Accounting Manager

General Summary The Cost Accounting Manager owns the company’s manufacturing cost accounting function, including inventory valuation, standard cost development and maintenance, cost center review, production and purchase price variance analysis, work-in-process accounting, cost of goods sold reporting, and financial analysis that helps management understand product costs and operating performance. The role also leads and mentors accounting staff, supports day-to-day accounting operations, contributes to accurate and timely financial reporting and regulatory compliance, participates in month-end and year-end close processes, and maintains a strong internal control structure. Principal Duties and Accountabilities (*Essential Functions) Leads financial accounting and reporting activities related to manufacturing cost accounting, including inventory valuation, cost center analysis, standard costing, production variance analysis, and operational decision support. Core Responsibilities · Cost Accounting and Inventory: Own manufacturing cost accounting, including inventory valuation, standard cost development and maintenance, bill of materials and routing cost review, purchase price and production variance analysis, work-in-process review, cost of goods sold reporting, and cost center performance. Lead cycle count and physical inventory accounting activities, investigate inventory and manufacturing cost discrepancies, and ensure timely resolution. Partner with operations, purchasing, engineering, and supply chain teams to identify cost drivers, improve data accuracy and cost visibility, evaluate product margins, and recommend actions that improve manufacturing efficiency and profitability. · Federal Excise Tax (FET): Calculate, accrue and reconcile firearms and ammunition federal excise tax (10% pistols/revolvers, 11% long guns and ammunition), support quarterly Form 720 filing, and reflect FET in product cost, pricing and margin analysis. · ATF Inventory Reconciliation: Reconcile serialized firearm inventory between the ERP and the ATF Acquisition & Disposition (A&D) records; incorporate serialized controls into cycle counts, physical inventories and variance investigations. · Landed Cost & Imports: Develop and maintain landed-cost standards for imported components (freight, duty, tariffs, brokerage, insurance); analyze purchase price variance by price, freight and duty; monitor foreign currency exposure. · Machining Overhead & Tooling: Develop machine-hour overhead rates for CNC cost centers; track consumable and perishable tooling cost and tool life (including barrel gun drills, reamers and rifling tools); account for scrap and rework. · Cost System Design (Start-up): Design and implement the standard cost structure, cost centers, normal capacity assumptions and overhead allocation methodology; apply ASC 330 treatment of abnormal/idle capacity costs, ASC 720-15 start-up costs, and capitalization of tooling and PP&E. · Inventory Reserves: Evaluate excess & obsolete inventory and lower of cost or net realizable value; recommend and maintain reserves. · Financial Reporting: Assisting the Controller with the preparation of monthly, quarterly, and annual financial statements (income statements, balance sheets, and cash flow statements). · Team Supervision: Managing, mentoring, and directing accounting staff. · Month-End & Year-End Closures: Supporting the financial close process to ensure transactions are recorded accurately; account reconciliations are performed timely and reconciling differences are identified and adjusted as necessary. · Compliance & Audits: Ensuring adherence to U.S. generally accepted accounting principles (GAAP). Supporting internal and external financial audits. · Internal Controls: Establishing, maintaining, and enhancing internal accounting procedures and workflows to safeguard company assets, mitigate errors, irregularit…

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