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Inventory And Cost Accountant Jobs (NOW HIRING)

Dan-O's Seasoning

Inventory & Cost Accountant

Louisville, KY · On-site

$59K - $80K/yr

The Inventory & Cost Accountant will work closely with Operations and Supply Chain to understand changes impacting product costs and inventory while partnering with Accounting to ensure those ...

LEL International

Inventory & Cost Accountant

Spartanburg, SC · On-site

$60K - $80K/yr

Strong understanding of inventory accounting and manufacturing cost principles. * Advanced Microsoft Excel skills (PivotTables, Power Query, Lookups, financial modeling). * Experience working with ER ...

CCL Label, Inc.

Inventory Cost Accountant

Baltimore, MD · On-site

$65K - $86K/yr

The Inventory Cost Accountant will be responsible for managing, analyzing, and reconciling company inventory and manufacturing costs to ensure accurate financial reporting and valuation of inventory.

Boston Dynamics

Cost & Inventory Accountant

Waltham, MA · On-site

$101K - $128K/yr

As a Cost/Inventory Accountant, you will contribute to Boston Dynamics's short-term and long-term OKR's, cost savings, and profitability through improved gross margins and inventory management. The ...

Bostondynamics

Cost & Inventory Accountant

Waltham, MA

$101K - $128K/yr

As a Cost/Inventory Accountant, you will contribute to Boston Dynamics's short-term and long-term OKR's, cost savings, and profitability through improved gross margins and inventory management. The ...

Kruger, Inc.

Cost Accountant

Memphis, TN · On-site

$63K - $85K/yr

As a Cost Accountant, you will play a critical role in ensuring the accuracy and integrity of ... Inventory & Cost Control * Reconcile and control mill inventory accounts and interdepartmental ...

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Inventory And Cost Accountant information

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$39.5K

$77.7K

$108.5K

How much do inventory and cost accountant jobs pay per year?

As of Aug 7, 2026, the average yearly pay for inventory and cost accountant in the United States is $77,730.00, according to ZipRecruiter salary data. Most workers in this role earn between $65,500.00 and $87,500.00 per year, depending on experience, location, and employer.

What is the difference between Inventory And Cost Accountant vs Cost Analyst?

AspectInventory And Cost AccountantCost Analyst
CredentialsAccounting degree, CPA preferredFinance or accounting degree, certifications like CMA beneficial
Work EnvironmentManufacturing, retail, or logistics companiesCorporate finance departments, consulting firms
Employer & IndustryIndustries with inventory management needsBusinesses analyzing cost efficiency and budgeting

While both roles involve financial analysis, the Inventory And Cost Accountant focuses on tracking inventory costs and ensuring accurate financial records related to stock. The Cost Analyst primarily analyzes overall costs to improve profitability and budgeting strategies. Both roles require strong accounting skills but serve different operational functions within organizations.

What does an inventory and cost accountant do?

An Inventory and Cost Accountant is responsible for managing and analyzing a company's inventory and cost records to ensure accuracy and compliance with accounting standards. They track inventory transactions, perform cost analyses, and help set product pricing by calculating the costs of goods sold. Their work helps businesses make informed decisions about purchasing, production, and pricing strategies. Additionally, they often collaborate with other departments to implement effective inventory controls and support audits.

What are some common challenges faced by inventory and cost accountants, and how can they be addressed?

Inventory and Cost Accountants often encounter challenges such as reconciling inventory discrepancies, managing complex cost allocations, and ensuring accurate reporting in fast-paced environments. These challenges can be addressed by implementing robust inventory tracking systems, maintaining clear communication with operations and warehouse teams, and regularly reviewing processes to identify areas for improvement. Proactive problem-solving and staying updated on best practices help ensure accuracy and support business decision-making.

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

To thrive as an Inventory and Cost Accountant, you need a solid background in accounting principles, inventory management, and cost analysis, often supported by a relevant degree such as a Bachelor’s in Accounting or Finance. Familiarity with ERP systems like SAP or Oracle, advanced Excel skills, and sometimes a CPA or CMA certification are typically required. Strong attention to detail, analytical thinking, and effective communication help professionals excel in tracking costs and explaining financial implications. These skills are crucial for maintaining accurate financial records, optimizing inventory levels, and supporting sound business decisions.
More about Inventory And Cost Accountant jobs
What cities are hiring for Inventory And Cost Accountant jobs? Cities with the most Inventory And Cost Accountant job openings:
What states have the most Inventory And Cost Accountant jobs? States with the most job openings for Inventory And Cost Accountant jobs include:
What job categories do people searching Inventory And Cost Accountant jobs look for? The top searched job categories for Inventory And Cost Accountant jobs are:
Inventory And Cost Accountant jobs near you
Infographic showing various Inventory And Cost Accountant job openings in the United States as of August 2026, with employment types broken down into 77% Full Time, 20% Part Time, 1% Temporary, and 2% Contract. Highlights an 99% Physical, and 1% Remote job distribution, with an average salary of $77,730 per year, or $37.4 per hour.

Inventory & Cost Accountant

Dan-O's Seasoning, LLC

Louisville, KY • On-site

$70K - $100K/yr

Full-time

Re-posted 29 days ago

Job description

Description:

Dan-O's Seasoning is seeking an Inventory & Cost Accountant to serve as a key link between Accounting, Operations, and Supply Chain. This role is responsible for maintaining accurate inventory costing, supporting inventory accounting processes, and helping ensure cost of goods sold is accurately reflected in the company's financial reporting.

The Inventory & Cost Accountant will work closely with Operations and Supply Chain to understand changes impacting product costs and inventory while partnering with Accounting to ensure those activities are properly captured and reflected in financial records. This position plays an important role in maintaining visibility into product costs, inventory balances, and gross margin performance as the business continues to grow.

This is a hands-on accounting role ideal for someone who enjoys working with both financial data and operational information in a fast-paced, inventory-driven environment.


Requirements:

Key Responsibilities

Inventory Accounting & Reconciliations

  • Support monthly inventory accounting and reconciliation processes
  • Investigate inventory variances and partner with Operations to identify root causes
  • Assist with inventory adjustments, reserve analysis, and inventory-related journal entries
  • Support physical inventory counts and cycle count review processes
  • Ensure inventory transactions are accurately reflected in financial records
  • Maintain supporting schedules and documentation for inventory-related accounts

Product Costing & COGS

  • Maintain and update SKU-level cost information using inputs from Operations and Supply Chain
  • Ensure ingredient, packaging, freight, co-manufacturing, and other cost components are accurately captured
  • Support ongoing maintenance of product costing methodologies
  • Assist with COGS reconciliations and variance analysis
  • Investigate and explain significant changes in product costs and gross margin performance
  • Help maintain accurate cost assumptions across the product portfolio

Cross-Functional Partnership

  • Serve as a primary accounting partner to Operations and Supply Chain on inventory and costing matters
  • Collaborate with Operations to understand operational changes impacting product costs
  • Work with Accounting leadership to ensure inventory and COGS are accurately reported
  • Assist in identifying and resolving discrepancies between operational and financial records
  • Support communication between departments regarding inventory, costing, and margin-related issues

Gross Margin & Reporting

  • Prepare and maintain SKU-level margin reporting
  • Support analysis of profitability drivers and cost trends
  • Assist with reporting related to inventory valuation and product costs
  • Support month-end and year-end close activities related to inventory and COGS
  • Provide ad hoc reporting and analysis as requested

New Product Costing

  • Assist with cost estimates for new product launches
  • Support maintenance of cost assumptions for new and existing SKUs
  • Compare actual costs to initial assumptions and identify significant variances
  • Help maintain visibility into expected product margins

Process Improvement

  • Support ongoing improvements to costing, inventory, and reporting processes
  • Identify opportunities to improve data accuracy and reduce manual effort
  • Assist with implementation of new reporting and operational processes as needed

Qualifications

Required

  • Bachelor's degree in Accounting, Finance, or related field
  • 3+ years of accounting experience
  • Experience working in an inventory-based, manufacturing, distribution, logistics, construction, or similar operational environment
  • Strong understanding of accounting principles and month-end close processes
  • Experience performing account reconciliations and journal entries
  • Advanced Microsoft Excel skills
  • Experience working with ERP or accounting systems
  • Strong attention to detail and organizational skills
  • Excellent communication and problem-solving abilities

Preferred

  • Experience with inventory accounting, cost accounting, or COGS reporting
  • Experience in consumer packaged goods (CPG), food manufacturing, manufacturing, or distribution
  • Experience supporting inventory reconciliations and inventory valuation
  • Experience working closely with Operations or Supply Chain teams
  • Understanding of product costing and gross margin analysis


What Success Looks Like

  • Inventory balances and cost data are accurate and reliable
  • Inventory and COGS-related reconciliations are completed accurately and on time
  • Operational changes are appropriately reflected in product costing and financial reporting
  • Inventory variances are identified and resolved promptly
  • Leadership has confidence in inventory, costing, and margin-related reporting
  • Accounting and Operations maintain strong alignment on inventory and product cost information


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