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Cost Accountant at Weldaloy Specialty Forgings

Role overview

Qualifications

  • Minimum of a Bachelor’s degree or equivalent
  • At least three years of related experience
  • Proficient in Microsoft Excel, Word, Outlook
  • Demonstrated problem solving skills and excellent organizational and communication skills

Responsibilities

  • Calculate, analyze, and maintain standard, actual, and variance costs for materials, labor, and overhead
  • Prepare and analyze cost of goods sold (COGS) and gross margin reports
  • Monitor inventory valuation, including standard cost updates and excess/obsolete inventory reserves
  • Perform cost variance analysis and investigate root causes with operations and supply chain teams

Key facts

Other skills

  • Budgeting
  • Microsoft Excel
  • Problem Solving
  • Communication
  • Multitasking

About the company

Weldaloy Specialty Forgings logo

Weldaloy Specialty Forgings

Metals Manufacturing & Fabrication

For 79 years, Detroit-based Weldaloy Specialty Forgings has provided quality forged products for the aerospace (space, aviation, defense), power generation, and electronics industries. A single source for custom copper, titanium, Inconel®, nickel, super alloys, stainless steel, and other non-ferrous metal forgings, we have created long-term partnerships with customers around the world. We are a leading domestic manufacturer of seamless rolled rings and open die forgings. Our manufacturing is 100% U.S. based; we have earned AS9100D and ISO9001:2015 QMS certifications, S1000 Certification, S291 Forging Approval, and are ITAR registered. Our engineering and metallurgy team assists customers in finding the best solutions for their forging needs. Weldaloy is also the parent company of Weldaloy Metallurgical and Non-Destructive Testing Laboratory, an independent, NADCAP® and ISO 17025 accredited lab.

Company details

IndustryMetals Manufacturing & Fabrication
Company size51 - 200

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Job description

Position Title: Cost Accountant (Part-Time)

Reports To: Controller

Supervises: None

Classification: Hourly, non-exempt, non-union

Position Summary

The Cost Accountant is responsible for analyzing, monitoring, and reporting on product and service costs to support accurate financial reporting, budgeting, and strategic decision-making. This role partners closely with operations to improve cost visibility, control spending, and enhance profitability.

Essential Duties & Responsibilities:

The statements below are intended to describe the general nature and level of work being performed by the employee of this position. They are not intended to be an exhaustive list of all responsibilities and activities required of this position.

  • Calculate, analyze, and maintain standard, actual, and variance costs for materials, labor, and overhead
  • Prepare and analyze cost of goods sold (COGS) and gross margin reports
  • Monitor inventory valuation, including standard cost updates and excess/obsolete inventory reserves
  • Perform cost variance analysis and investigate root causes with operations and supply chain teams
  • Support month-end close activities, including journal entries and reconciliations related to inventory and manufacturing costs
  • Assist with budgeting, forecasting, and cost modeling initiatives
  • Participate in physical inventory counts and cycle counts
  • Ensure compliance with GAAP and internal control requirements
  • Support audits by providing cost-related documentation and analysis
  • Identify opportunities for cost reduction and process improvement
  • Additional duties as assigned

Requirements:

To perform this position successfully, the employee must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential duties.

This position involves access to technical data that is subject to the International Traffic in Arms Regulations (ITAR) and/or the Export Administration Regulations (EAR), which define a “U.S. person” to include a U.S. citizen, lawful permanent resident (green card holder), or a protected individual as defined by 8 U.S.C. 1324b(a)(3). Employment is contingent upon the applicant’s ability to meet these requirements or the Company’s ability to obtain an export license on the applicant’s behalf.

  • Minimum of a Bachelor’s degree or equivalent and at least three years of related experience and/or equivalent education & experience.
  • CPA certification is a plus, but not required
  • Proficient in Microsoft Excel, Word, Outlook
  • Previous experience working with data analysis tools is a plus
  • Experience working with Plex ERP software is a plus
  • Demonstrated problem solving skills and excellent organizational and communication skills
  • Ability to multi-task
  • Position is required to be on-site, occasional work from home with supervisor approval is available
  • Supports and demonstrates the Company’s core values

Working Conditions:

This position is designed to work part-time. Days and hours of work are typically Monday, Wednesday, and Friday, 8:00 a.m. to 5:00 p.m. An alternate schedule may be arranged or assigned based on the business demands, nature of duties performed, and other factors. Occasional flexibility to work evenings or weekends may be required as job responsibilities demand. Regular work, after hours and/or weekend work may be performed remotely, if the capability exists. This position mainly operates in an office environment during work hours, but may be expanded to assist and support employees in other departments within the Company; Occasional exposure to production equipment and machinery. The employee will manage multiple priorities daily and may be interrupted frequently to meet the needs and requests of employees. The environment may be busy and noisy. All required personal protective equipment is provided.

Physical Demands:

While performing the duties of this job, the employee will spend most of his/her time sitting using computers and standard office equipment such as phones, photocopiers and fax machines. Occasional moving and/or lifting of 10 pounds, stooping, bending and reaching with hands and arms. While performing these job duties, the employee is regularly required to see, talk, and hear.

Weldaloy Products Company provides Equal Employment Opportunity (EEO) to all applicants without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, age, disability, genetic information, marital status, veteran status, height, weight or arrest record in accordance with applicable federal, state and local laws.

Position Title: Cost Accountant (Part-Time)

Reports To: Controller

Supervises: None

Classification: Hourly, non-exempt, non-union

Position Summary

The Cost Accountant is responsible for analyzing, monitoring, and reporting on product and service costs to support accurate financial reporting, budgeting, and strategic decision-making. This role partners closely with operations to improve cost visibility, control spending, and enhance profitability.

Essential Duties & Responsibilities:

The statements below are intended to describe the general nature and level of work being performed by the employee of this position. They are not intended to be an exhaustive list of all responsibilities and activities required of this position.

  • Calculate, analyze, and maintain standard, actual, and variance costs for materials, labor, and overhead
  • Prepare and analyze cost of goods sold (COGS) and gross margin reports
  • Monitor inventory valuation, including standard cost updates and excess/obsolete inventory reserves
  • Perform cost variance analysis and investigate root causes with operations and supply chain teams
  • Support month-end close activities, including journal entries and reconciliations related to inventory and manufacturing costs
  • Assist with budgeting, forecasting, and cost modeling initiatives
  • Participate in physical inventory counts and cycle counts
  • Ensure compliance with GAAP and internal control requirements
  • Support audits by providing cost-related documentation and analysis
  • Identify opportunities for cost reduction and process improvement
  • Additional duties as assigned

Requirements:

To perform this position successfully, the employee must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential duties.

This position involves access to technical data that is subject to the International Traffic in Arms Regulations (ITAR) and/or the Export Administration Regulations (EAR), which define a “U.S. person” to include a U.S. citizen, lawful permanent resident (green card holder), or a protected individual as defined by 8 U.S.C. 1324b(a)(3). Employment is contingent upon the applicant’s ability to meet these requirements or the Company’s ability to obtain an export license on the applicant’s behalf.

  • Minimum of a Bachelor’s degree or equivalent and at least three years of related experience and/or equivalent education & experience.
  • CPA certification is a plus, but not required
  • Proficient in Microsoft Excel, Word, Outlook
  • Previous experience working with data analysis tools is a plus
  • Experience working with Plex ERP software is a plus
  • Demonstrated problem solving skills and excellent organizational and communication skills
  • Ability to multi-task
  • Position is required to be on-site, occasional work from home with supervisor approval is available
  • Supports and demonstrates the Company’s core values

Working Conditions:

This position is designed to work part-time. Days and hours of work are typically Monday, Wednesday, and Friday, 8:00 a.m. to 5:00 p.m. An alternate schedule may be arranged or assigned based on the business demands, nature of duties performed, and other factors. Occasional flexibility to work evenings or weekends may be required as job responsibilities demand. Regular work, after hours and/or weekend work may be performed remotely, if the capability exists. This position mainly operates in an office environment during work hours, but may be expanded to assist and support employees in other departments within the Company; Occasional exposure to production equipment and machinery. The employee will manage multiple priorities daily and may be interrupted frequently to meet the needs and requests of employees. The environment may be busy and noisy. All required personal protective equipment is provided.

Physical Demands:

While performing the duties of this job, the employee will spend most of his/her time sitting using computers and standard office equipment such as phones, photocopiers and fax machines. Occasional moving and/or lifting of 10 pounds, stooping, bending and reaching with hands and arms. While performing these job duties, the employee is regularly required to see, talk, and hear.

Weldaloy Products Company provides Equal Employment Opportunity (EEO) to all applicants without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, age, disability, genetic information, marital status, veteran status, height, weight or arrest record in accordance with applicable federal, state and local laws.

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MR

Marcus Rivera

Chief Revenue Officer

m.rivera@company.com
linkedin.com/in/marcusrivera
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