Cost Accounting Manager

Overview

• Lead and maintain the standard costing process for a dynamic footwear business, ensuring accurate inventory valuation and margin integrity across wholesale, retail, and eCommerce channels.
• Collaborate with cross-functional teams to address pricing discrepancies and enhance financial controls, contributing to the organization's operational and financial success.
• Provide actionable reporting and insights to senior leadership, supporting strategic decision-making and operational improvements.
• Ensure compliance with GAAP standards and strengthen internal controls around cost accounting and inventory management.
• Utilize advanced ERP systems and Excel skills to manage large datasets and perform detailed financial analyses.
• Contribute to month-end and year-end financial close processes, ensuring accurate reconciliations and journal entries.
• Support the organization’s growth by proactively identifying financial risks and implementing effective solutions.

Key Responsibilities & Duties

• Maintain and review standard costs for all footwear SKUs, ensuring integrity within the ERP system and timely updates for price changes.
• Analyze purchase price variances, FOB variances, duty variances, and freight variances, investigating root causes and addressing cost deviations.
• Monitor sales transactions to detect margin erosion and products sold below standard cost, collaborating with teams to address discrepancies.
• Ensure accurate inventory valuation and compliance with GAAP standards, leading monthly reconciliations and cost-related journal entries.
• Strengthen internal controls around standard costing, markdowns, and margin reporting, ensuring financial integrity.
• Provide actionable reporting to senior leadership, supporting strategic decision-making and operational improvements.
• Support month-end and year-end close processes related to inventory and other financial areas as requested.

Job Requirements

• Bachelor’s degree in Accounting or Finance is required, with a strong foundation in cost accounting principles.
• Minimum of 5 years of cost accounting experience in footwear, apparel, or consumer goods industries.
• Proficiency in ERP systems, with preference for experience in BlueCherry.
• Advanced Excel skills, including pivot tables, lookups, and handling large datasets.
• Deep understanding of GAAP standards and inventory controls.
• Highly analytical with strong investigative skills and proactive risk identification abilities.
• Effective communicator capable of collaborating with cross-functional teams to achieve organizational goals.