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Inventory 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 ...

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.

Forgent

Sr. Inventory Cost Accountant

Vernon, CA · On-site

$100K - $112K/yr

We are seeking a Sr Inventory Cost Accountant who is responsible for overseeing all aspects of inventory valuation, product costing, and manufacturing cost analysis. This role ensures the accuracy of ...

MGM Transformers

Sr. Inventory Cost Accountant

Vernon, CA · On-site

$100K - $112K/yr

The Sr Inventory Cost Accountant plays a key role in maintaining strong internal controls, ensuring compliance with GAAP, and supporting continuous improvement within the costing and inventory ...

Robert Half

Cost Accountant

Plainfield, IN · On-site

$95K - $110K/yr

We are looking for an experienced Cost Accountant to join a manufacturing organization in ... Lead or support cycle count reviews and inventory reconciliations, resolving discrepancies in a ...

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 ...

Eisai

Cost Accountant

Raleigh, NC

$63K - $85K/yr

Inventory & Cost Accounting * Support standard cost development, maintenance, annual updates, and periodic true-ups. * Analyze production, purchase price, and inventory variances. * Monitor inventory ...

ILIA, Inc.

Cost Accountant

Laguna Beach, CA · On-site

$120K - $130K/yr

Key Responsibilities Inventory & Cost Accounting * Support month-end close activities related to inventory, COGS, and cost-related accruals; ensure accurate cut-off and proper classification of ...

STARC Systems Inc

Cost Accountant

Brunswick, ME · On-site

$85K - $105K/yr

Cost Accounting and Inventory: * Support and maintain the company's cost accounting structure, including inventory valuation, standard costing, and related manufacturing accounting processes ...

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Inventory Cost Accountant information

See salary details

$39.5K

$77.7K

$108.5K

How much do inventory cost accountant jobs pay per year?

As of Sep 4, 2026, the average yearly pay for inventory 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 does an inventory cost accountant do?

An Inventory Cost Accountant is responsible for tracking, analyzing, and reporting the costs associated with inventory within a company. They monitor inventory levels, calculate the cost of goods sold, and ensure the accuracy of inventory valuation on financial statements. Their work helps businesses understand production costs, manage stock efficiently, and comply with accounting standards. Inventory Cost Accountants often collaborate with other departments, such as purchasing and production, to optimize inventory control and cost management.

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

To thrive as an Inventory Cost Accountant, you need strong analytical skills, a deep understanding of inventory management and cost accounting principles, and a relevant degree in accounting or finance. Familiarity with ERP systems like SAP or Oracle, advanced Excel skills, and sometimes CPA or CMA certification are typically required. Attention to detail, problem-solving abilities, and effective communication help professionals excel in analyzing costs and collaborating with cross-functional teams. These skills ensure accurate financial reporting, effective cost control, and support sound business decision-making.

What are some common challenges inventory cost accountants face when managing cost variances, and how can they be addressed?

Inventory Cost Accountants often encounter challenges with tracking and analyzing cost variances due to fluctuating raw material prices, production inefficiencies, or inaccurate data entry. Addressing these challenges requires close collaboration with operations and supply chain teams to ensure accurate reporting, as well as regular audits of inventory data. Implementing robust inventory management systems and maintaining clear documentation can help minimize discrepancies and improve variance analysis, ultimately supporting better decision-making.

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

AspectInventory Cost AccountantCost Accountant
Primary FocusInventory valuation, cost tracking, and inventory-related financial analysisOverall cost control, budgeting, and financial reporting across departments
Work EnvironmentManufacturing, warehousing, or distribution settingsVarious industries including manufacturing, services, and corporate finance
CertificationsCPA, CMA, or industry-specific certifications often preferredCPA, CMA, or similar certifications common

While both roles involve cost analysis and financial reporting, the Inventory Cost Accountant specializes in inventory valuation and management within manufacturing or distribution environments. The Cost Accountant has a broader scope, focusing on overall cost control and financial planning across multiple departments. Understanding these differences helps employers and job seekers target the right skills and responsibilities for each role.

What is inventory cost accounting?

Inventory cost accounting is the process used by inventory cost accountants to track, analyze, and assign costs to inventory items. It involves methods such as FIFO, LIFO, and weighted average to determine the value of inventory and cost of goods sold, which are essential for accurate financial reporting and decision-making. Proficiency with accounting software and understanding of cost flow assumptions are important in this role.
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What job categories do people searching Inventory Cost Accountant jobs look for?

The top searched job categories for Inventory Cost Accountant jobs are:

Inventory Cost Accountant jobs near you
Infographic showing various Inventory Cost Accountant job openings in the United States as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person 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 28 days ago

Key responsibilities

  • Support monthly inventory accounting and reconciliation processes

  • Maintain and update SKU-level cost information and assist with COGS reconciliations

  • Serve as a primary accounting partner to Operations and Supply Chain on inventory and costing matters

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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