Sr Cost Accountant Date: Mar 3, 2025 Location: Milwaukee, WI, US, 53204-2941 Req ID: 32616 Onsite or Remote: Hybrid Position Komatsu is an indispensable partner to the construction, mining, forestry, forklift, and industrial machinery markets, maximizing value for customers through innovative solutions. With a diverse line of products supported by our advanced IoT technologies, regional distribution channels, and a global service network, we tap into the power of data and technology to enhance safety and productivity while optimizing performance. Komatsu supports a myriad of markets, including housing, infrastructure, water, pipeline, minerals, automobile, aerospace, electronics and medical, through its many brands and subsidiaries, including TimberPro, Joy, P&H, Montabert, Modular Mining Systems, Hensley Industries, NTC, and Gigaphoton. Job Overview The Senior Cost Accountant plays a key role in maintaining and analyzing cost data to support manufacturing and operational decision-making. This position is responsible for managing standard cost maintenance, variance analysis, and financial reporting to improve cost efficiency across the organization. The role involves close collaboration to drive accurate costing and strategic financial insights. Key Job Responsibilities + Maintain annual standard cost roll and ongoing standard cost updates for all Surface original equipment and aftermarket parts in the U.S. + Responsible for OE Shovel and Drill cost analysis, including identifying root causes of variances, providing analytics, operational metrics, and insights to the manufacturing and parts divisions, and developing action plans to minimize future variances. + Analyze Production Order variances for Milwaukee operations, working with production management to identify root causes. + Responsible for On-Time Complete financial metrics and supporting the team in understanding result drivers. + Partner with Supply Chain to ensure proper infrastructure is in place to execute cost rolls effectively on a quarterly basis and during the year-end review. + Assist in the calculation and analysis of internal cost per hour used for actual results and forecasts. + Serve as the Operations Accounting team SME on costing-related transactions and processes within SAP. + Manage product cost investigations, comparing current product designs to proposed changes by analyzing Materials, Routings, Standard Costs, Info Records, Production Orders, and Material Masters. + Liaison with Purchasing and Supply Chain to ensure proper maintenance of MM parts data for quarterly cost analysis. + Review OE machine standard costs and prepare monthly cost estimates used in the monthly POC analysis for machine costs, coordinating with Commercial Management. + Assist the Accounting Manager in analyzing Manufacturing and Purchasing variances, including Production Order, Subcontract, Tariff/Freight, and other cost variances, reviewing changes weekly to assess their impact. + Partner with NPD product teams to advise on cost impacts throughout the design and implementation process. + Perform regular BOM and Routing reviews with Industrial Engineering to improve standard cost accuracy. + Ensure compliance with accounting policies and SOX controls. + Conduct Make vs. Buy analyses, assisting in the identification of true landed costs for subcontracted materials and supporting discussions on in-house vs. subcontracted production decisions. Qualifications/Requirements + Bachelor’s degree in accounting; CMA and/or CPA preferred. + 3-5 years of experience in manufacturing accounting and operations. + Experience with SAP production management software and Microsoft Office (Excel, Word, etc.). + Strong critical thinking and problem-solving skills with an attention to detail. + Ability to read, understand, and analyze production order blueprints is a plus. + Excellent interpersonal and communication skills. + Knowledge of Komatsu or industry products is a plus. + Ability to manage multiple tasks and meet deadlines in a fast-paced environment. Komatsu is an Equal Opportunity Workplace and an Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.