# Cost Accountant

**Company:** [Northwood Space](https://hotfix.jobs/companies/northwood-space)
**Location:** Torrance, CA
**Role:** Finance & Accounting
**Salary:** $112k – $154k/yr
**Experience:** 4+ years
**Skills:** Cost Accounting, Inventory Accounting, Manufacturing Accounting, Standard Costing, Inventory Valuation, ERP, Excel, Wip Accounting, Cogs, Purchase Price Variance, Boms, Financial Controls, Process Automation
**Posted:** 2026-09-11

> Build and own the cost accounting function for a growing space hardware manufacturer, covering inventory, standard costs, WIP, COGS, close activities, and manufacturing variances. The role requires a bachelor’s degree and at least four years of cost, inventory, or manufacturing accounting experience.

## Job Description

## Responsibilities
- Build and own the cost accounting function, including scalable processes, methodologies, controls, documentation, and reporting for inventory, standard costs, work-in-progress (WIP), cost of goods sold (COGS), and manufacturing variances.
- Own month-end and quarter-end cost accounting close activities, including journal entries, inventory and cost account reconciliations, accruals, variance analysis, and supporting schedules.
- Develop and maintain standard costing methodologies for purchased and manufactured hardware.
- Analyze purchase price, material, labor, overhead, absorption, scrap, and other variances; identify root causes and improve cost accuracy.
- Own inventory accounting and valuation for raw materials, WIP, and finished goods.
- Partner with Supply Chain and Manufacturing to reconcile operational activity to the ERP and resolve inventory, work order, and transaction discrepancies.
- Partner with Manufacturing, Supply Chain, Engineering, and Program teams to understand bills of materials (BOMs), production flows, procurement costs, engineering changes, and operational drivers.
- Translate manufacturing activity into accurate product costs and actionable financial insights.
- Serve as Finance owner for cost accounting systems and continuous improvement.
- Help define ERP requirements, automate manual processes, strengthen financial controls, and build reporting infrastructure for company and production growth.

## Requirements
- Bachelor’s degree in Accounting, Finance, or a related field.
- 4+ years of experience in cost accounting, inventory accounting, or manufacturing accounting.
- Strong understanding of manufacturing cost accounting, including standard costing, inventory valuation, WIP, COGS, purchase price variance (PPV), absorption, manufacturing variances, and inventory flows within an ERP environment.
- Ability to independently own cost accounting close activities, journal entries, reconciliations, and complex analyses.
- Ability to identify and resolve discrepancies across financial and operational data.
- Strong analytical, process-building, problem-solving, and cross-functional collaboration skills.
- Strong Excel skills.

## Nice-to-haves
- Experience in aerospace, defense, hardware, automotive, electronics, or another complex manufacturing environment.
- Experience working in a startup or rapidly scaling organization.
- Experience building or improving cost accounting processes, controls, standard costing methodologies, and reporting as manufacturing operations scale.
- Experience partnering with Supply Chain, Manufacturing, Engineering, and other operational teams.
- Experience implementing, configuring, or improving cost accounting and inventory workflows within an ERP system, including requirements definition, testing, data validation, and process automation.

## Compensation
- Annual salary range: $112,000–$154,000.

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