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Cost Accounting Manager

Vaco by Highspring
Raleigh, NC Full Time
POSTED ON 4/6/2025 CLOSED ON 4/16/2025

What are the responsibilities and job description for the Cost Accounting Manager position at Vaco by Highspring?

Cost Accounting Manager

Position Summary:
We are seeking a highly detail-oriented and experienced Cost Accounting Manager to join our growing team.This role will involve overseeing cost accounting functions, managing manufacturing costs, and playing a key role in the implementation of a new material and work-in-progress (WIP) process. The ideal candidate will have a strong background in cost accounting, with a focus on manufacturing and pharmaceutical operations. Strong expertise in Excel, SAP knowledge, and process improvement experience are a plus. The Cost Accounting Manager will be instrumental in streamlining current accounting practices and driving efficiency improvements across our cost tracking and reporting systems.

Key Responsibilities:

  • Cost Accounting and Reporting:

    • Oversee and manage all cost accounting activities for the manufacturing operations, including the accurate tracking of raw materials, labor, and overhead.
    • Prepare and analyze monthly cost reports, including variances, and present findings to management.
    • Ensure accurate and timely posting of inventory transactions in the accounting system.
    • Develop and maintain cost standards for materials, labor, and overhead in the manufacturing process.
  • Material/WIP Process Implementation:

    • Lead the implementation of a new material/WIP process to enhance accuracy and efficiency in tracking inventory, production costs, and work-in-progress.
    • Collaborate with cross-functional teams to ensure the seamless integration of the new process into existing workflows.
    • Continuously identify and propose process improvements to streamline cost tracking and reporting.
    • Process Improvement & Integration:

      • Evaluate current cost accounting processes and systems, identifying opportunities for improvement, automation, and integration to reduce inefficiencies.
      • Support integration of accounting systems with manufacturing and inventory management systems to optimize data flow and reporting accuracy.
      • Drive process improvements that enhance the overall efficiency of the cost accounting function.
      • Excel and Data Tracking:

        • Manage and analyze complex data sets in Excel; strong proficiency in Excel is required.
        • Identify opportunities to transition manual tracking methods into more streamlined, systemized solutions.
        • Utilize advanced Excel functions, pivot tables, and data visualization tools to track costs, variances, and other key metrics.
        • Attention to Detail:

          • Ensure that all cost accounting data is accurately recorded, tracked, and reconciled, with an emphasis on detail and precision.
          • Review and validate cost structures and reports, ensuring consistency and compliance with accounting standards and internal policies.
          • Perform regular audits of cost data to ensure accuracy and identify any discrepancies.

            Qualifications:

            • Education:
              • Bachelor's degree in Accounting, Finance, or a related field. CPA or CMA designation is a plus.
            • Experience:
              • At least 7 years of cost accounting experience, preferably in a manufacturing or pharmaceutical environment.
              • Demonstrated experience in cost analysis, inventory control, and manufacturing accounting processes.
              • SAP experience is a plus.
              • Prior experience with process improvements or system integrations in a cost accounting environment is highly desirable.
              • Technical Skills:
                • Advanced proficiency in Excel (pivot tables, VLOOKUP, data analysis).
                • Strong understanding of cost accounting principles and methodologies.
                • Experience with SAP or similar ERP systems is a plus.
                • Personal Attributes:
                  • Highly detail-oriented, with a keen focus on accuracy and consistency.
                  • Strong organizational skills and the ability to prioritize tasks effectively.
                  • Comfortable working in a fast-paced, deadline-driven environment.
                  • Strong problem-solving abilities and a proactive approach to identifying areas for improvement.

                    Additional Skills and Abilities:

                    • Ability to work independently with minimal supervision and demonstrate strong decision-making skills.
                    • Strong communication skills, both written and verbal, to interact effectively with cross-functional teams.
                    • A high level of integrity and ability to maintain confidentiality.

                    Other Requirements:

                    • No direct reports in this position.
                    • Must demonstrate stability in previous roles; candidates who have moved between roles frequently are not preferred.

                    Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.

                    EEO Notice

                    Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.

                    Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .

                    Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal.

                    By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.

                    Privacy Notice

                    Vaco by Highspring and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco by Highspring") respects your privacy and are committed to providing transparent notice of our policies.

                    • California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here.
                    • Virginia residents may access our state specific policies here.
                    • Residents of all other states may access our policies here.
                    • Canadian residents may access our policies in English here and in French here.
                    • Residents of countries governed by GDPR may access our policies here.
                    Pay Transparency Notice

                    Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:

                    • the individual's skill sets, experience and training;
                    • licensure and certification requirements;
                    • office location and other geographic considerations;
                    • other business and organizational needs.

                    With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.

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