Cost Accountant

Job Detail

Home > Cost Accountant

Cost Accountant

BH Job ID: 5260

SF Job Req ID: 20720

Ingersoll Rand is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, ancestry, color, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable laws, regulations and ordinances.

Job Title: Cost Accountant

Location: Buffalo, NY

About Us

Imagine a company with technology leadership of over 160 years, yet it operates with the energy of a startup. Ingersoll Rand has dedicated itself to Making Life Better for its employees, customers, shareholders, and planets. We produce innovative and mission-critical flow creation and life science technologies - from compressors to precision handling of liquids, gasses, and powers - to increase industrial productivity, efficiency, and sustainability. Supported by over 80+ brands, our products are used in various end-markets including life sciences, food and beverage, clean energy, industrial manufacturing, infrastructure, and more. Across the globe, we're driving growth with an entrepreneurial spirit and ownership mindset. Learn more at irco.com and join us to own your future.

Job Overview:

Put Your Cost Accounting Expertise Behind Manufacturing on a Larger Scale. Join our growing manufacturing operation in the greater Buffalo, NY area as a Cost Accountant, where your financial insight will help drive decisions in a complex manufacturing environment. Our facility manufactures a diverse range of large-scale Multi Stage Geared (MSG) air compressors and aftermarket remanufactured products that support customers across a variety of industries. As a key member of the finance team, you'll play an integral role in the facility's financial operations-maintaining accurate cost accounting processes, supporting business decisions, and driving continuous improvement.

This onsite opportunity is ideal for a strategic, proactive professional who enjoys tackling complex tasks and collaborating with peers and leadership. You'll bring a positive attitude, strong attention to detail, exceptional organizational skills, and the sound judgment and professional maturity to manage competing priorities effectively. If you're energized by understanding what drives manufacturing costs and turning that insight into better business outcomes, this is an opportunity to make a meaningful contribution.

Responsibilities:

• Drive reliable and meaning Standard Costing within the plant including:

• Daily costing updates for manufactured and purchased parts

• Execute the annual cost roll for material, labor and overhead

• Supporting new product development cost estimates and analysis

• Activities and analysis to improve overall accuracy of product cost

• Analyze and report variances such as PPV, Labor, and Freight.

• Partner with on-going cost reviews (monthly/quarterly models, manufacturing variances and all other cost analysis)

• Support month-end, quarter-end and year-end closing activities

• Complete/Review monthly account reconciliations and financial performance analysis

• Execute and Improve close processes and the environment of control

• Monitor processes and controls relating to financial transactions, recommending and implementing improvements with the Controller and business partners.

• Support Sarbanes-Oxley compliance and work directly with internal/external audit teams\

• Support Operations teams in project and productivity execution

• Work closely with non-finance team members to drive cost improvements and analysis in all production activities (leveraging Lean manufacturing concepts in the pursuit of continuous improvements)

• GRNI Process: Work with team to process GRNI, to keep within an acceptable level and in alignment with company policy.

• Analyze/Report/Close Capital Projects

• Partner in Annual Budget, Quarterly Forecasting, and Monthly Financial Projections.

• Provide Meaningful Business Analysis

• Support and execute ad hoc projects as assigned by the Plant Controller

Requirements:

• Bachelor degree in Accounting or Finance
• 3+ years of progressive accounting experience, ideally in a manufacturing environment
• 2+ years of cost accounting experience
• 2+ years of experience using Microsoft Excel and other Microsoft Office applications proficiently.

Core Competencies

• Manufacturing Cost Accounting and Standard Costing: Demonstrated ability to maintain reliable standard costs for manufactured and purchased components, execute annual cost rolls, develop new-product cost estimates, and improve product-cost accuracy.
• Cost and Manufacturing Variance Analysis: Ability to analyze and report purchase price variance (PPV), labor variance, freight variance, manufacturing variance, and other production-related cost drivers, translating findings into meaningful business analysis.
• Financial Close, Reconciliation, and Internal Controls: Experience supporting month-end, quarter-end, and year-end close activities; completing account reconciliations; reviewing financial performance; and improving accounting processes and the control environment.
• Cross-Functional Partnership and Communication: Demonstrated ability to communicate effectively, both verbally and in writing, and build productive working relationships with internal and external customers. Ability to collaborate across Finance, Operations, Supply Chain, Engineering, auditors, and other business partners to support cost analysis, financial reporting, productivity initiatives, and operational decision-making.
• Budgeting, Forecasting, and Continuous Improvement: Experience supporting annual budgets, quarterly forecasts, monthly financial projections, capital-project analysis, and continuous improvement initiatives within a complex manufacturing operation.

Preferences:

• Advanced degree in Accounting, Finance, or a related discipline.

• Experience analyzing and interpreting large data sets.

• Experience using SAP in a manufacturing or cost-accounting environment.

• Professional certification such as:

• Certified Management Accountant (CMA)

• Certified Public Accountant (CPA)

• Chartered Financial Analyst (CFA)

• Knowledge of Lean Manufacturing methodology and its application to cost reduction and continuous improvement.

Travel and Work Arrangements

• This position is based onsite.

The pay range for this role $65,000 - $80,000 annually.The pay range considers a wide range of factors that include a candidate's skills; experience and training; licensure and certifications; and geographic location.

What We Offer

At Ingersoll Rand, we embrace a culture of personal ownership - taking responsibility for our company, our communities, and our environment, as well as our individual health and well-being. Our comprehensive benefits package is designed to empower you with the tools and support necessary to take charge of your health, ensuring that together, we can continue to make life better. Our range of benefits includes health care options like medical and prescription plans, dental and vision coverage, as well as wellness programs. Additionally, we provide life insurance, a robust 401(k) plan, paid time off, and even an employee stock grant, among other offerings. These benefits are our commitment to you, so you can be your best at work and beyond.

Ingersoll Rand Inc. (NYSE:IR), driven by an entrepreneurial spirit and ownership mindset, is dedicated to helping make life better for our employees, customers and communities. Customers lean on us for our technology-driven excellence in mission-critical flow creation and industrial solutions across 40+ respected brands where our products and services excel in the most complex and harsh conditions. Our employees develop customers for life through their daily commitment to expertise, productivity and efficiency. For more information, visit www.IRCO.com.

APPLY NOW

CURRENT EMPLOYEES: Please log into our system to apply

Current employees:

Please log into our system to apply

APPLY NOW

SHARE THIS JOB

INTERESTED IN THIS JOB?

Save Job

Print this job

CREATE A JOB ALERT

SUBMIT ALERT

SIMILAR JOBS

Special Accommodation

If you are a person with a disability and need assistance applying for a job, please submit a request.

What we Offer

At Ingersoll Rand, we embrace a culture of personal ownership - taking responsibility for our company, our communities, and our environment, as well as our individual health and well-being. Our comprehensive benefits package is designed to empower you with the tools and support necessary to take charge of your health, ensuring that together, we can continue to make life better. Our range of benefits includes health care options like medical and prescription plans, dental and vision coverage, as well as wellness programs. Additionally, we provide life insurance, a robust 401(k) plan, paid time off, and even an employee stock grant, among other offerings. These benefits are our commitment to you, so you can be your best at work and beyond.