1

Cost Reduction Manager Jobs in Virginia (NOW HIRING)

Senior Cost Accountant

Richmond, VA · On-site

$80K - $100K/yr

Partner with Plant Managers, Operations, Supply Chain, and Finance teams. * Translate financial and ... Support productivity improvement, inventory optimization, quality, and cost-reduction initiatives.

New

Maintenance Manager

Sandston, VA · On-site

$79K - $105K/yr

... facility programs, including cost tracking, parts and labor, Preventative Maintenance programs, i mplementation of cost reduction, support new installations, and development and training of ...

Collect, analyze and manage quantitative data and create meaningful reports to lead business improvement and defect cost reduction strategy. Perform root cause analysis to uncover core issues using ...

Senior Financial Analyst, NACF

Arlington, VA · On-site

$98K - $122K/yr

Collect, analyze and manage quantitative data and create meaningful reports to lead business improvement and defect cost reduction strategy. Perform root cause analysis to uncover core issues using ...

Senior Buyer

Roanoke, VA · On-site

$90K - $102K/yr

Works with the respective material planner to identify cost reduction opportunities from the future ... Capability to manage the Elbit America Vendor Managed Inventory Program (VMI) and control the ...

... management and oversight of contract performance supporting the Defense Threat Reduction Agency ... Conduct cost monitoring and variance analysis. Qualifications * Must possess a mastery of the day ...

Works with the respective material planner to identify cost reduction opportunities from the future ... Capability to manage the Elbit America Vendor Managed Inventory Program (VMI) and control the ...

Works with the respective material planner to identify cost reduction opportunities from the future ... Capability to manage the Elbit America Vendor Managed Inventory Program (VMI) and control the ...

... management and oversight of contract performance supporting the Defense Threat Reduction Agency ... Conduct cost monitoring and variance analysis. Qualifications * Must possess a mastery of the day ...

This role also manages projects related to new product introduction, cost reduction, and supplier transitions. A strong cross-functional leader, this individual works closely with sales, engineering ...

This role also manages projects related to new product introduction, cost reduction, and supplier transitions. A strong cross-functional leader, this individual works closely with sales, engineering ...

Showing results 21-40

Cost Reduction Manager information

What does a cost reduction manager do?

A Cost Reduction Manager is responsible for identifying and implementing strategies to reduce expenses and improve efficiency within an organization. They analyze financial data, review operational processes, and collaborate with various departments to find cost-saving opportunities without compromising quality or productivity. Their goal is to help the company achieve financial targets by optimizing resources, renegotiating contracts, and streamlining operations. They also monitor the results of cost-saving initiatives and report on their effectiveness to senior management.

What skills and qualifications are needed to be a cost reduction manager?

To excel as a Cost Reduction Manager, you need strong analytical skills, financial acumen, and experience in process improvement, often supported by a degree in finance, business, or engineering. Familiarity with cost analysis software, ERP systems, and certifications like Six Sigma or Lean Management are highly valuable. Excellent communication, problem-solving abilities, and stakeholder management skills help drive cost-saving initiatives and foster cross-departmental collaboration. These capabilities are crucial for identifying savings opportunities, implementing effective strategies, and ensuring the organization's financial health.

How does a cost reduction manager collaborate with different departments to achieve savings goals?

A Cost Reduction Manager works closely with departments such as procurement, operations, finance, and supply chain to identify cost-saving opportunities and implement efficiency measures. They often lead cross-functional teams to analyze spending patterns, negotiate with vendors, and streamline processes. Regular meetings, data sharing, and clear communication are crucial for aligning departmental goals and ensuring that cost reduction initiatives do not negatively impact product quality or customer satisfaction. This collaborative approach not only drives savings but also fosters a culture of continuous improvement across the organization.

What is the role of a cost reduction manager?

A cost reduction manager is responsible for analyzing company expenses and identifying opportunities to decrease costs without compromising quality or operations. They develop strategies, implement process improvements, and monitor financial performance to achieve cost savings, often using tools like data analysis and budgeting software.

What are popular job titles related to Cost Reduction Manager jobs in Virginia?

For Cost Reduction Manager jobs in Virginia, the most frequently searched job titles are:

What job categories do people searching Cost Reduction Manager jobs in Virginia look for?

The top searched job categories for Cost Reduction Manager jobs in Virginia are:

What cities in Virginia are hiring for Cost Reduction Manager jobs?

Cities in Virginia with the most Cost Reduction Manager job openings:

Senior Cost Accountant

Richmond, VA • On-site

Atrium
Hospitals • 10K+ employees

$80K - $100K/yr

Other

Posted 3 days ago

New


Atrium Health rating

7.6

Company rating: 7.6 out of 10

Based on 636 frontline employees who took The Breakroom Quiz


Job description

Senior Cost Accountant

Richmond, VA or LaPlace, LA | Hybrid | $95,000–$105,000


Atrium Staffing is partnering with one of our manufacturing clients to identify a Senior Cost Accountant to join their Global Cost Accounting team.

This is a high-impact opportunity for an experienced cost accounting professional who wants to partner directly with manufacturing leadership and play a key role in cost accounting, inventory, manufacturing financial reporting, and fixed asset accounting across multiple manufacturing locations.


Important Location & Travel Requirements

  • Candidates may be based in Richmond, VA OR LaPlace, LA (LaPlace is located near New Orleans).
  • The position requires the candidate to sit onsite at either the Richmond, VA or LaPlace, LA location.
  • Regular travel to the other location is required, along with periodic travel to additional manufacturing sites.
  • Up to 20% travel may be required.
  • Relocation assistance is available for qualified candidates.


What You'll Do

Manufacturing Cost Accounting

  • Serve as the primary cost and inventory accounting resource for assigned manufacturing facilities.
  • Maintain standard costs and analyze manufacturing variances, including material, labor, overhead, yield, and production performance.
  • Monitor manufacturing costs, identify trends, and uncover opportunities for improvement.
  • Partner with plant leadership and operations teams on financial and operational initiatives.
  • Develop a strong understanding of manufacturing processes and cost drivers to provide meaningful financial insights.


Inventory Accounting & Controls

  • Ensure inventory transactions are accurately recorded in accordance with U.S. GAAP, company policies, and internal controls.
  • Perform inventory reconciliations and investigate discrepancies.
  • Support cycle counts and annual physical inventories.
  • Analyze inventory adjustments, reserves, and valuation impacts.
  • Partner with operations to identify root causes and implement corrective actions.
  • Drive improvements in inventory accuracy, controls, governance, and compliance.


Fixed Asset Accounting

  • Serve as a finance liaison for fixed asset activities throughout the asset lifecycle, including acquisitions, capitalization, transfers, and disposals.
  • Partner with the Fixed Asset Accounting team on capital project and fixed asset transactions.
  • Provide guidance on capitalization policies and fixed asset accounting requirements.
  • Support SOX compliance, audits, physical asset verification, and reconciliations.
  • Assist with capital project tracking, asset readiness assessments, and fixed asset reporting.


Month-End Close & Financial Reporting

  • Prepare and review inventory and cost accounting journal entries and account reconciliations.
  • Support monthly, quarterly, and annual close activities.
  • Prepare analysis related to inventory valuation, manufacturing variances, standard costs, inventory reserves, and working capital.
  • Provide insights into manufacturing costs, inventory trends, and operational performance.
  • Ensure accurate and timely financial reporting.


Business Partnership

  • Partner with Plant Managers, Operations, Supply Chain, and Finance teams.
  • Translate financial and cost information into actionable recommendations.
  • Serve as a trusted advisor on manufacturing costs, inventory, and operational performance.
  • Communicate financial information effectively to non-financial stakeholders and leadership.
  • Support productivity improvement, inventory optimization, quality, and cost-reduction initiatives.


Continuous Improvement

  • Support initiatives focused on standardization and best practices across manufacturing locations.
  • Help improve inventory and cost accounting processes, reporting, and controls.
  • Assist with ERP enhancements, reporting improvements, and automation initiatives.
  • Identify opportunities to improve financial reporting quality and operational effectiveness.


What We're Looking For

  • Bachelor's degree in Accounting, Finance, or a related field required.
  • 5+ years of progressive experience in cost accounting, manufacturing finance, inventory accounting, or a related field.
  • Manufacturing experience required.
  • Experience supporting plant operations and manufacturing leadership.
  • Strong understanding of standard costing and inventory accounting.
  • Knowledge of U.S. GAAP related to inventory and manufacturing accounting.
  • Experience with ERP systems such as SAP, Oracle, JD Edwards, or similar platforms; SAP experience preferred.
  • Experience supporting multi-site manufacturing operations is a plus.
  • CPA, CMA, or progress toward a professional certification preferred.


Technical Skills

  • Standard costing and product costing
  • Manufacturing cost accounting
  • Inventory accounting and inventory controls
  • Manufacturing variance analysis
  • Fixed asset accounting
  • Financial reporting and account reconciliations
  • Advanced Microsoft Excel skills
  • ERP systems, preferably SAP


Why Consider This Opportunity?

  • $95,000–$105,000 salary
  • Hybrid work arrangement
  • Choose between Richmond, VA or LaPlace, LA as your primary location
  • Opportunity to work directly with plant and manufacturing leadership
  • Exposure to multi-site manufacturing operations
  • Significant involvement in cost accounting, inventory, and fixed assets
  • Opportunity to contribute to process improvement and operational performance
  • Relocation assistance available for qualified candidates
  • Up to 20% travel, providing exposure to multiple manufacturing operations


If you're an experienced Cost Accountant or Manufacturing Finance professional looking for a role where you can have a direct impact on manufacturing performance and partner with operational leadership, we'd love to hear from you.


Commitment to Diversity

As a woman-owned firm, we value diversity. We are an equal opportunity and affirmative action employer and will consider all applications without regard to race, sex (including gender, pregnancy, sexual orientation and gender identity), age, color, religion or creed, national origin or ancestry, veteran status, disability (physical or mental), genetic information, citizenship or any other characteristic protected by law. We will ensure that individuals with disabilities are provided with reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Candidates who apply for roles through the Atrium website will be added to our candidate pool and may be considered for additional roles of a similar title. Please contact us to request an accommodation.

EOE/M/F/D/V/SO


Applicant Communication Consent

By applying to this job, you agree to receive calls, AI-generated calls, text messages, and/or emails from Atrium and its affiliates, and contracted partners. Frequency varies for text messages. Message and data rates may apply. Carriers are not liable for delayed or undelivered messages. You can reply STOP to opt out on any message you receive. For more details, please review our Terms of Use and Privacy Policy.


What Atrium Health employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom


Atrium Health logo

About Atrium Health

Sourced by ZipRecruiter

Atrium Health is one of the nation's leading healthcare organizations, connecting patients with on-demand care, world-class specialists and the region's largest primary care network. A recognized leader in healthcare delivery, quality and innovation, our foundation rests on providing clinically excellent and compassionate care. We've been serving our community since 1940, when we opened our doors as Charlotte Memorial Hospital. Since then, our network has grown to include more than 40 hospitals and 900 care locations ranging from doctors' offices to behavioral health centers to nursing homes. Our focus: Delivering the highest quality patient care, supporting medical research and education, and joining with partners outside our walls to keep our community healthy.

Industry

Hospitals

Company size

10,000+ Employees

Headquarters location

Charlotte, NC, US

Year founded

1940