Cost Accountant

Posted Yesterday
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Hanover, PA, USA
In-Office
Mid level
Industrial • Manufacturing
The Role
The Cost Accountant analyzes manufacturing costs, prepares reports, collaborates with teams for cost optimization, and supports financial processes.
Summary Generated by Built In

Job Description:

Founded in 1904, ESAB Corporation is a premier narrowly diversified global leader in connected fabrication technology and gas control solutions. Our rich history of innovative products, workflow solutions, and business system, ESAB Business Excellence, enables our purpose of Shaping the World We Imagine™.  We’re looking to hire a talented Cost Accountant based in Denton, TX.

Reporting to the Plant Controller, the Cost Accountant plays a critical role in driving financial transparency and operational efficiency. This position is responsible for analyzing manufacturing costs, preparing cost reports, and partnering with cross-functional teams to optimize cost structures. This is a high-impact opportunity to influence strategic decisions and support ESAB’s mission of innovation and excellence.

Primary Duties

  • Analyze and monitor manufacturing costs, variances, and inventory valuation.
  • Prepare and maintain standard cost models and cost roll-ups.
  • Collaborate with operations and supply chain teams to identify cost-saving opportunities.
  • Support monthly, quarterly, and annual financial close processes related to cost accounting.
  • Conduct margin analysis and provide insights to support pricing and profitability strategies.
  • Assist in budgeting and forecasting activities related to cost and inventory.
  • Ensure compliance with internal controls and corporate accounting policies.
  • Participate in continuous improvement initiatives and ERP system enhancements.

Qualifications

  • Bachelor’s degree in accounting, Finance, or related field; CPA or CMA preferred.
  • 3+ years of experience in cost accounting, preferably in a manufacturing environment.
  • Strong understanding of standard costing, inventory management, and variance analysis.
  • Proficiency in ERP systems (e.g., SAP, Oracle) and advanced Excel skills.
  • Excellent analytical, problem-solving, and communication skills.
  • Ability to work independently and collaboratively in a fast-paced environment.

Working Conditions

  • Remains in a stationary position 50% of the time; may involve walking, stooping, and standing.
  • Must wear Personal Protective Equipment (PPE) when visiting manufacturing and plant locations.
  • Constantly operates a computer and other office productivity tools.
  • May be exposed to varying weather conditions during travel.
  • Occasionally lifts or moves equipment up to 50 lbs.; uses safety tools for heavier items.

Skills Required

  • Bachelor's degree in accounting, Finance, or related field
  • CPA or CMA preferred
  • 3+ years of experience in cost accounting, preferably in a manufacturing environment
  • Strong understanding of standard costing, inventory management, and variance analysis
  • Proficiency in ERP systems (e.g., SAP, Oracle) and advanced Excel skills
  • Excellent analytical, problem-solving, and communication skills
  • Ability to work independently and collaboratively in a fast-paced environment

ESAB Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about ESAB and has not been reviewed or approved by ESAB.

  • Retirement Support The package includes an immediately vested 401(k) with a strong company match plus an additional employer contribution. Feedback suggests this structure is a standout element of total compensation.
  • Healthcare Strength Health coverage offers multiple plan choices, including HSA‑eligible options with employer contributions, alongside dental and vision. Feedback suggests these mainstream offerings strengthen perceived total rewards when paired with other benefits.
  • Parental & Family Support Paid parental leave, child and elder‑care support, and access to caregiving services are included. Feedback suggests these family‑oriented supports add meaningful value for many employees.

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The Company
Annapolis Junction, MD
3,138 Employees

What We Do

ESAB is a world leader in the production of welding consumables and equipment. Our brand is synonymous with world-leading expertise in the following key areas: * Manual welding and cutting equipment * Welding consumables * Welding automation * Cutting systems Celebrating 110 years since its founding, ESAB now serves a global market. We are represented in almost every country by subsidiaries or agents providing sales and support. ESAB also has manufacturing plants across four continents. Manufacturers everywhere are looking for ways to improve productivity and reduce operating costs. One way to achieve this goal is to align with a welding and cutting partner that offers a complete line of innovative solutions that meet the current demands of industry. ESAB has led the way in research and development of better technologies and products for this industry since its founding. ESAB has many great minds working on ways to make our industry stronger and better able to meet the needs of the future. We are constantly striving to expand our product offerings – from the best in traditional welding applications to large automated manufacturing facilities. ESAB continues to offer world-class technical support and educational opportunities to help our customers work smarter and better. We are dedicated to working with customers to help them be more productive, more profitable, and better able to compete. The ESAB group has been owned by Colfax Corporation since January 13, 2012. To learn more visit our website at www.esab.com and choose your region to begin

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