Senior Cost Accountant

What you’ll do:

Job Summary

• The Cost Accountant is responsible for analyzing and understanding manufacturing costs and working with the Controller to provide monthly manufacturing finance summaries to the organization. The candidate will play a key role in ensuring that the organization’s manufacturing costs are well understood and communicated, and will also assist with budgets, standard cost rolls, variance analysis and special projects.

Primary Responsibilities

• Creates and publishes monthly manufacturing cost summaries, including details on efficiencies, production variances, and special initiatives aimed at decreasing costs.
• Performs cost analyses for new and existing products, in cooperation with design Engineering, purchasing, planning, and Mfg. Engineering. Works to identify actual vs standard cost discrepancies and drive closure or updates to key ingredients necessary to support accurate costing. Tracks and publishes metrics on costs and inventories.
• Analyzes purchase price variance and production variance analysis, identifies root cause and works with key stakeholders to make corrections as needed. Advise buyers regarding GR/IR, invoicing discrepancies and purchase order inaccuracies
• Supports ad hoc cost analysis and standard cost adjustments.
• Meets regularly with key stakeholders to review actual to budget variances and facilitates the creation of action plans for bridging gaps to budget.
• Works with the Plant Finance Manager and IT to design reporting and launch auto-publishing for key performance data.
• Supports annual plan, long-range plan, and monthly forecasts, collaborating with a variety of organizational stakeholders to foresee shifts in revenue, spending or capital forecasts.
• Supports special projects including preparation of recommendations for policy, procedure, control or action.
• Analyze local P&L for cost leakage and cost savings ideas. Identify cost out opportunities and drive actions to achieve cost out.
• Analyze and advise regarding existing products with low margin. Review and update standard labor and OH rates
• Monitor and identify inventory transaction and cycle count process gaps, sources of inventory inaccuracy and implement corrective actions
• Travels to the plant in Camarillo, CA quarterly (four times per year), or more frequently as needed.

Qualifications:

Preferred Qualifications

• Advanced level of English
• Teamwork.
• Effective communicator
• Ability to travel to the US is required.
• US person for ITAR is preferred, but not required.

Education/Previous Experience Requirements

• BS Accounting or equivalent.
• 3 to 5 years’ cost accounting or equivalent experience,
• Familiar with SAP, Oracle Planning or other equivalent ERP System with manufacturing focus.
• Computer usage: High

Eaton is an intelligent power management company dedicated to protecting the environment and improving the quality of life for people everywhere. We make products for the data center, utility, industrial, commercial, machine building, residential, aerospace and mobility markets. We are guided by our commitment to do business right, to operate sustainably and to help our customers manage power today and well into the future. By capitalizing on the global growth trends of electrification and digitalization, we’re helping to solve the world’s most urgent power management challenges and building a more sustainable society for people today and generations to come.
Founded in 1911, Eaton has continuously evolved to meet the changing and expanding needs of our stakeholders. With revenues of nearly $25 billion in 2024, the company serves customers in more than 160 countries. For more information, visit www.eaton.com Follow us on LinkedIn.

We are powered by our vision, driven by strategy, guided by our aspirational goals and committed to doing business right. We believe diversity is our strength and diverse thinking powers innovation and growth. In our second annual Global Inclusion and Diversity Transparency Report, we look at the progress we've made in our journey and the work that's still left to do. Our latest sustainability report features our progress toward our 2030 Sustainability Goals, which include science-based greenhouse gas reduction targets and our commitment to become carbon neutral by 2030.