Senior Cost Accountant

Role Overview

Senior Cost Accountant (Senior individual contributor) owning standard cost and consolidated inventory across Ampersand Brands’ two brands (Hammond’s Candies and Lolli & Pops). You are the technical owner of the cost function, reporting to the VP Corporate Controller.

First 90 Days (Initial Priorities)

• Rebuild the cost allocation model from a fixed percentage to real, driver-based drivers across both brands.
• Stand up standard costs tied to actual usage, rates, and mix.
• Rebuild inventory valuation based on those drivers so margin reporting is accurate again.
• Provide a driver-based allocation to support the staff accountant’s bookings.

Responsibilities

• Prepare and book the monthly consolidated cost and inventory close; reconcile inventory to the GL.
• Own, update, and maintain the driver-based cost allocation model and methodology for both brands.
• Set and maintain cost standards for the cost function.
• Build and maintain standard costs across manufacturing and wholesale.
• Value inventory and analyze purchase price and usage variances versus actual drivers (consolidated level).
• Report wholesale margin by account (net of freight and trade deductions) and explain movements.
• Cost the supply chain for wholesale and e-commerce: inbound/outbound freight, warehouse/handling, fulfillment, and platform fees.
• Report landed margin by channel.
• Use PO and receipt data to explain variances.
• Eliminate inter-company cost and margin between the two brands in consolidated reporting.

Requirements

• 5+ years of accounting experience, including owning a month-end cost and inventory close you personally rolled to a consolidated number.
• Experience building and maintaining standard costs in a manufacturer/food/CPG or multi-channel (wholesale and e-commerce) environment.
• Strong track record of hands-on execution: preparing, booking, reconciling, valuing, closing, and analyzing variances.
• Strong US GAAP knowledge.
• Ability to work independently in a lean function.

Preferred

• CPA.
• Master’s in accounting.
• Audit firm experience early in career.
• Sage (accounting software).