1

Associate Cost Accountant Jobs in Michigan (NOW HIRING)

Cost Accountant

Brighton, MI

$62K - $83K/yr

The Cost Accountant assists in any activities related to costing and inventory while ensuring ... Research and investigate cycle count discrepancies and work with Supervisors and floor associates ...

Cost Accountant

Brighton, MI · On-site

$62K - $83K/yr

The Cost Accountant assists in any activities related to costing and inventory while ensuring ... Research and investigate cycle count discrepancies and work with Supervisors and floor associates ...

Cost Associate Reports to: Senior Cost Analyst Department: Finance Location: Holland, M There has ... Associate's or Bachelor's degree in Accounting, Business, or a related field; or equivalent ...

Accounting Assistant

Detroit, MI · On-site

$67K - $81K/yr

Associate's or Bachelor's degree in Accounting, Finance, Business Administration, or a related ... Knowledge of inventory accounting and cost accounting principles. * Exposure to ISO, IATF, VDA or ...

01 Project Accountant

Grand Rapids, MI · On-site

$58K - $76K/yr

... cost projections and reconciliations through project cost reports. * Support executive project ... Associate's degree in business, accounting, or related field. * Two (2) or more years of accounting ...

01 Project Accountant

Grand Rapids, MI · On-site

$58K - $76K/yr

... cost projections and reconciliations through project cost reports. * Support executive project ... Associate's degree in business, accounting, or related field. * Two (2) or more years of accounting ...

01 Project Accountant

Lansing, MI · On-site

$61K - $81K/yr

... cost projections and reconciliations through project cost reports. * Support executive project ... Associate's degree in business, accounting, or related field. * Two (2) or more years of accounting ...

The Accounting Associate will play a crucial role in maintaining the integrity of our financial ... May compile cost reports and revenue and balance sheets. * May reconcile bank statements.

... cost centers, grants, or projects. • Assist with annual audits by preparing schedules, supporting ... Qualifications • Associate's or Bachelor's degree in Accounting, Finance, Business Administration ...

The Leader Cost Estimating will lead and manage all financial responsibilities related to the ... BachelorsDegree in Finance / Accounting / Engineering with strong knowledge of Costing processes ...

next page

Showing results 1-20

Associate Cost Accountant information

What is the difference between Associate Cost Accountant vs Cost Analyst?

AspectAssociate Cost AccountantCost Analyst
Required CredentialsAssociate degree in accounting or finance; some roles may require certifications like CMABachelor's degree in finance, accounting, or related field; CMA or CPA preferred
Work EnvironmentCorporate finance departments, manufacturing firms, or accounting firmsFinancial services, manufacturing, or consulting firms
Employer & Industry UsageUsed in industries focusing on cost control and financial reportingUsed for analyzing costs, budgeting, and financial planning

The Associate Cost Accountant primarily focuses on cost recording, data entry, and supporting cost analysis, often working under supervision. In contrast, a Cost Analyst performs detailed cost analysis, budgeting, and financial forecasting to inform strategic decisions. While both roles require similar educational backgrounds and are found in similar industries, the Cost Analyst typically has more responsibility for interpreting data and providing insights.

What is an associate cost accountant?

Associate Cost Accountants are entry-level professionals who assist in tracking, analyzing, and controlling costs within a company. They help gather data on production costs, prepare cost reports, and support senior accountants with budgeting and cost analysis tasks. Their work helps organizations understand where money is being spent, identify cost-saving opportunities, and ensure accurate financial reporting. Typically, they work under supervision and may also assist in audits or compliance tasks related to cost accounting.

What are the key skills and qualifications needed to thrive as an associate cost accountant, and why are they important?

To thrive as an Associate Cost Accountant, you need a solid understanding of accounting principles, cost analysis, and financial reporting, typically supported by a bachelor's degree in accounting or finance. Familiarity with ERP systems like SAP or Oracle, advanced Excel skills, and, in some cases, a CMA certification are valuable. Strong analytical thinking, attention to detail, and effective communication help you interpret data and collaborate with cross-functional teams. These skills ensure accurate cost tracking, informed financial decisions, and support for organizational profitability.

What are some common challenges faced by an associate cost accountant, and how can they be addressed?

Associate Cost Accountants often encounter challenges such as reconciling discrepancies between actual and standard costs, managing large volumes of transactional data, and meeting tight monthly or quarterly deadlines. These challenges can be addressed by developing strong attention to detail, leveraging accounting software to automate repetitive tasks, and maintaining clear communication with other departments like operations and procurement. Proactively seeking feedback and clarification from senior accountants can also help in understanding complex costing issues and improving accuracy.
What are the most commonly searched types of Cost Accountant jobs in Michigan? The most popular types of Cost Accountant jobs in Michigan are:
What cities in Michigan are hiring for Associate Cost Accountant jobs? Cities in Michigan with the most Associate Cost Accountant job openings:

$62K - $83K/yr

Full-time

Re-posted 3 days ago


Job description

Job Summary/Overview

The Cost Accountant applies principles of cost accounting to conduct studies which provide cost information not supplied by general accounting systems. This position investigates and determines the cause of cost variances and variance to budgets. The Cost Accountant assists in any activities related to costing and inventory while ensuring compliance with all applicable state and federal regulations.

Essential Duties and Responsibilities
  • Supports manufacturing accounting function including general accounting, cost accounting, budgeting, inventory accounting & control, both standard & job cost generation and management of Bills of Material.
  • Research and investigate cycle count discrepancies and work with Supervisors and floor associates to initiate corrective actions related to these discrepancies.
  • Review all costs including labor, material, burden, expense items, work in process inventory, and profit and loss.
  • Maintain inventory cycle counting procedures, cycle count entry and periodic reporting.
  • Maintain cost system, evaluation of current vs. standard cost for monthly reporting and annual standard roll process.
  • Maintain job cost system for engineered products and assist in the analysis of the profitability of those products.
  • Monthly reporting of production variances.
  • Assist in Month end close process
  • Plans, studies and collects data to determine costs of business activity such as raw material purchases, inventory and labor.
  • Records cost information for analysis and distribution to other departments.
  • Reviews standard versus current costs and investigates variances.
  • Compiles cost information to be used in operating budget preparation.
  • Prepares inventory and productivity reports daily, weekly, and monthly.
  • Tracks and reviews capital spending projects.
  • Other Accounting duties as needed.
  • Travel may be required within Columbus McKinnon Corp's domestic footprint. Travel Percentage <10%
Knowledge, Skills, Competencies, and Abilities
  • Computer experience with Excel, Word, PowerPoint, and Power BI. Advanced Excel knowledge preferred.
  • Experience with Bill of Materials, Standard Cost, Job Cost, Average Cost, etc.
  • Ability to calculate figures and amounts such as discounts, interest, percentages, and volume.
  • Ability to read, analyze, and interpret documents and correspondence such as safety rules, operating and maintenance instructions, and procedure manuals.  Ability to write reports and business correspondence.  Ability to effectively present information and respond to questions from groups and associates.
  • Comply with company rules, policies and safety/environmental regulations.
  • Experience with SAGE 100 ERP preferred.
Required Qualifications
  • Bachelor's degree (B.A.) in Accounting from a four-year college or university
  • 3+ years' experience