HiringCafe
Posted 2mo ago

Cost Accounting Manager

@ Rea Magnet Wire
View All Jobs
Lafayette, Indiana, United States
OnsiteFull Time
Responsibilities:Develop costing, Analyze margins, Lead costing
Requirements Summary:Manage cost accounting, standard cost models, margin analysis, and cost inputs; partner with Commercial, Operations, and Supply Chain to improve margins and profitability.
Technical Tools Mentioned:Excel, ERP, Costing Software
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Job Description

Function

Provide accurate, credible, and actionable product, customer, and margin economics to support pricing, mix, and investment decisions. Ensure the integrity of the company’s unit costing system and serve as the finance partner to Commercial, Operations, and Supply Chain on all matters related to cost, margin, and profitability transparency. 


Duties and Responsibilities

  1. Develop, maintain, and continuously improve the company’s unit costing and standard cost models
  2. Ensure product and customer margin accuracy and consistency across the organization
  3. Support pricing decisions through margin analysis, what‑if scenarios, and sensitivity analysis
  4. Partner with Commercial teams on quoting, contract reviews, and margin improvement opportunities
  5. Partner with Operations and Supply Chain to validate cost inputs, routings, and assumptions
  6. Lead standard cost setting, annual updates, and ongoing variance analysis
  7. Analyze and explain material, labor, overhead, and yield variances
  8. Support raw material pass‑through logic and margin protection mechanisms
  9. Identify margin erosion risks and proactively escalate concerns to finance leadership
  10. Ensure costing logic is clearly documented, understood, and trusted by stakeholders
  11. Support capital and process improvement projects with cost and margin impact analysis


Position Specification

  • Bachelor’s degree in Engineering, Finance, Accounting, or related field; MBA preferred
  • Strong manufacturing, operations, or industrial engineering background
  • Demonstrated experience with standard costing and variance analysis
  • Advanced Excel and analytical modeling skills; ERP experience preferred
  • Ability to communicate complex cost concepts clearly to non‑finance partners
  • Confident, fact‑based approach to challenging assumptions and decisions


Performance Standards

  • Accuracy and credibility of product and customer margins
  • Timeliness and usefulness of costing support for pricing and investment decisions
  • Adoption and trust of costing models by Commercial and Operations teams
  • Proactive identification of margin risks and improvement opportunities