Cost Accountant
Altra Industrial Motion Corp.

Job Info

The Cost Accountant is responsible for various accounting duties for the business.

Essential Duties and Responsibilities

  • Maintaining standard costs on perpetual inventory records based on purchases, bills of materials and routings, rolling out yearly Standard Costs
  • Conducting research and obtaining reports that provide detailed information not supplied by general accounting systems to determine costs of business activity, such as raw materials purchased, inventory, labor, etc.
  • Analyzing and determining the cost effect of changes in product design, raw materials, manufacturing methods, rate schedules or services provided.
  • Reviewing, recommending and auditing accounting controls to ensure accurate perpetual inventory and cost of sales records
  • Participate in the Physical Inventory count process. Analysis of reason of variation, carrying out required adjustment with required approvals
  • Providing management with routine and ad hoc reports specifying and comparing factors affecting costs, inventory, and profitability of products and services.
  • Working with Product Line Management Team on Price Increase, Tracking Actuals vs Budget
  • Weekly reporting and analysis of Purchase Price Variance and tracking actuals to forecast
  • Managing the fixed assets accounting and reporting. Generates a depreciation schedule managing BNA software
  • Carrying out periodic physical verification of Fixed Assets and variation analysis
  • Preparation of Monthly Balance Sheet Reconciliation schedules for Inventory, Fixed Assets and related General Ledgers
  • Working Capital Target - Weekly HFM Reporting Sales, AR, AP, Bookings, Backlog
  • Analyze and post costing and AP distributions. Enter journal entries related to inventory and reviewed distribution
  • Month end close and period opening and closing tasks

Job Requirements

Education and Experience Requirements
  • Bachelor's or Master's in Accounting or equivalent experience is required , qualified CMA Preferred
  • At least 5 years of relevant professional experience in a manufacturing environment is required (combination of private manufacturing and public experience preferred) understanding of U.S. GAAP
  • Oracle and HFM Financial management experience preferred
  • Advanced Microsoft Excel skills required (such as vlookups, conditional statements, pivot tables, data analysis, data visualization, what-if-analysis)
  • Able to handle multiple projects simultaneously by prioritizing tasks

EEO Statement: The company in which you have expressed employment interest is a subsidiary or affiliate of Altra Industrial Motion Corp. The subsidiary or affiliate is referred to as an ""Altra Company."" Altra Industrial Motion Corp. and all Altra Companies are equal opportunity employers that evaluate qualified applicants without regard to race, color, national origin, religion, sex, age, marital status, disability, veteran status, sexual orientation, gender identity or expression, or other characteristics protected by law. The ""EEO is the Law"" poster is available at: If you have a disability and need assistance accessing or using this website to apply for a position, you can request assistance by sending an email to

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