Cost & Inventory Accountant – Entry Level

Job Description: Cost & Inventory Accountant – Entry Level Department: Finance & Accounting Reports To: Plant Controller Location: Jesup, Georgia Employment Type: Full-Time Position Summary The Cost & Inventory Accountant supports the Finance and Accounting team by maintaining accurate inventory records, assisting with manufacturing cost analysis, reconciling inventory transactions, and preparing financial and operational reports. This position works closely with Production, Warehouse, Purchasing, and Supply Chain teams to ensure inventory movements, material usage, production costs, and finished goods are accurately recorded. This is an excellent opportunity for an entry-level accounting professional to develop expertise in manufacturing cost accounting, inventory management, financial reporting, and internal controls. Key Responsibilities Manufacturing Cost Accounting Cost Accountants perform a range of tasks to ensure accurate cost analysis and financial oversight, which include: Cost Data Collection and Analysis: Gather and analyze expenses for raw materials, labor, shipping, and overhead. Develop and maintain cost accounting systems to track these expenses Standard Cost Management: Set, review, and update standard costs of products or services, and Budgeting and Forecasting: Assist management with budgeting, forecasting, and cost-related decision-making; prepare expense reports and financial projections Reporting and Auditing: Prepare detailed reports on cost, profitability, and margins; participate in internal and external audits and maintain compliance with GAAP or other relevant standards Process Improvement: Identify opportunities to reduce costs, improve efficiency, and optimize business operations; collaborate with non-financial departments for operational insights Support for Management Decisions: Provide actionable insights on product pricing, cost reductions, and financial strategies; assist in evaluating new products, capital projects, and operational improvements Monitor Cost control measures to ensure that the organization operates efficiently and within budget constraints Inventory Accounting & Reconciliation Maintain accurate inventory records for raw materials, work-in-process, packaging materials, and finished goods. Reconcile inventory subledger balances to the general ledger and investigate discrepancies. Assist with cycle counts, physical inventory counts, and inventory adjustments. Review inventory transactions, including receipts, transfers, production consumption, finished goods, and shipments. Research inventory variances and coordinate with Warehouse and Production teams to identify root causes. Monitor inventory adjustments, obsolete materials, damaged goods, and excess inventory. Help ensure inventory transactions are recorded accurately and in a timely manner. Reporting & Financial Analysis Prepare recurring inventory, production cost, and variance reports. Maintain spreadsheets and supporting schedules used for financial analysis. Assist with gathering data for monthly financial statements, audits, and management reports. Track key performance indicators, including inventory accuracy, scrap rates, material usage, and production costs. Identify unusual trends or inconsistencies and communicate findings to the Accounting Manager. Maintain organized documentation to support accounting entries, reconciliations, and audit requests. Cross-Functional Collaboration & Internal Controls Partner with Production, Warehouse, Purchasing, and Supply Chain teams to validate inventory and production data. Help improve inventory tracking, transaction accuracy, and cost-reporting processes. Follow established accounting procedures, company policies, and internal controls. Maintain confidentiality and integrity of financial and operational information. Perform other accounting and analytical duties as assigned. Qualifications Required Associate degree in Accounting, Finance, Business Administration, or a rel…

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