STEINERT combines 125 years of technical expertise with world-class innovation. As the global leader in separation technology solutions for the scrap, waste, recycling and mining industries, STEINERT manufactures a complete line of magnetic and sensor-sorting equipment designed to recover a wide range of materials.
JOB SUMMARY The Cost Accountant is responsible for analyzing, monitoring, and reporting costs associated with company operations, products, and services. This position supports financial decision-making by maintaining accurate cost accounting records, preparing cost analyses, monitoring inventory valuation, and identifying opportunities to improve profitability and operational efficiency.
PRIMARY RESPONSIBILITIES:
Cost Accounting
- Maintain and update standard costs for products, services, and projects
- Analyze actual costs versus projected and moving average costs
- Perform cost variance analysis and provide recommendations
- Monitor labor, material, and overhead costs
- Assist with product pricing and profitability analysis
Inventory Management
- Reconcile inventory accounts and transactions
- Review inventory valuation and reserve calculations
- Participate in physical inventory counts and cycle counts
- Investigate inventory discrepancies and recommend corrective actions
Financial Reporting
- Prepare monthly cost accounting reports and financial analyses
- Assist with month-end and year-end close processes
- Support preparation of budgets, forecasts, and financial statements
- Develop management reports related to operational performance
Operational Support
- Partner with operations and department managers to evaluate costs
- Identify opportunities for process improvements and cost savings
- Assist with capital expenditure analysis and ROI calculations
- Support strategic planning initiatives
Compliance and Controls
- Ensure compliance with accounting principles and company policies
- Maintain internal controls related to inventory and cost accounting
- Assist with internal and external audits
- Support regulatory and tax reporting requirements as needed
- Negotiate terms of business with clients to achieve win/win results that provide the basis for strong ongoing relationships and increased revenue
- Learn about STEINERT’s products and/or services and keep up to date with changes and become a subject matter expert on STEINERT processing equipment
- Bachelor's degree in Accounting, Finance, or related field required
- Minimum 3–5 years of cost accounting experience required, preferably in manufacturing or service industries
- Strong understanding of cost accounting principles and inventory accounting
- Advanced proficiency in Microsoft Excel required
- Experience with ERP systems (e.g., Microsoft Dynamics & Infor a plus)
- Strong analytical and problem-solving skills
- Excellent attention to detail and organizational skills
- Ability to communicate financial information to non-financial managers
- Strong time management and ability to meet deadlines a must
- Ability to sit for extended periods while working at a computer
- Ability to occasionally lift up to 20 pounds
WORKING CONDITIONS:
Normal for an office & warehouse environment. • Customer On-Site conditions vary dependent upon customer and market that is served Steinert US offers competitive pay and a total compensation package that includes health, dental, vision, company paid life insurance, 401(k), Paid Time Off, and 11 paid holidays.
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this position. Duties, responsibilities and activities may change at any time with or without notice.