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Cost Accountant
Lubrizol Corporation | Midland, Michigan
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Job Description

Req ID: 26781


CPI Fluid Engineering, a division of The Lubrizol Corporation, is a world leader in synthetic compressor lubricants. CPI connects the best of both worlds – the production capabilities and technical resources of major equipment and lubricant manufacturers with the flexibility and responsiveness of a service-oriented organization. We are looking for top talent to help inspire new ideas, create opportunities and enable the advancement of innovative technologies. We offer abundant opportunities for career growth in a challenging, collaborative environment. Learn more about how we are achieving Success Together.




The purpose of the position of Cost Accountant is to support the Controller with corporate month – end closing activities, operations reporting analysis, support annual Labor & Overhead standard rates, product cost analysis new product master data setup, and month -end reporting.  Support the accounting for new capital assets and cost studies.  The cost accountant is responsible for preparing monthly inventory turnover reports and reviewing the allocation of overhead costs.


Essential Job Functions


  • Review and analyze monthly manufacturing costs comparing actual costs to estimates explaining variances.
  • Support management teams on manufacturing cost and inventory reporting.
  • Monitor and maintain inventory costs integrity in a timely and accurate manner
  • Interface with business, finance and manufacturing personnel at the plant and corporate level.
  • Participate in the annual budgeting process used to establish standard manufacturing rates
  • Responsible for inventory review of Nonconforming Material (NCM).
  • Review and analyze inventory, product costing, and margin reports, research variances and conduct studies to improve efficiency and profitability.
  • Work with manufacturing and plant control personnel on product costing and “what if” proposals.
  • Work on special projects as required
  • Maintain additive cost tables Identify inconsistent costing lot sizes versus batch sizes
  • Participate in month end closing process as it relates to costs.
  • Support account managers related to “what if” scenarios for selling products
  • Support manufacturing department in executing an effective/efficient inventory management program by performing analysis on turns, slow/impaired products, cycle counting, appropriate reserves, etc.
  • Manage fixed asset program including capital project management, maintain fixed asset register, timely disposition of asset disposals/additions, and other critical assets tasks.


Listed below are the specific responsibilities of this position.  The listing is representative, but not necessarily all-inclusive.  Additional training/experience has been completed to act as back-up for select other tasks.


  • Purchasing Info records
  • General Ledger Inquiry
  • Production Order module
  • Business Warehouse reviews
  • Monthly summary variance review
  • BOM and Recipe Inquiry
  • Product Costing Inquiry/Editing
  • Provide General Information and Support
  • Compute standard rates and edit table maintenance
  • Capital Budget Inquiry/Editing



Education/ Certification

  • Bachelor’s degree in business (finance, accounting, etc.) and 3+ years in manufacturing environment.
  • Ideal candidate will have 2+ years costing experience


    Experience and Skills

  • Must possess solid work ethic (self-starter and highly motivated).
  • Excellent positive professional demeanor with emphasis on interpersonal skills, written and verbal communication skills.
  • Strong organizational skills with an ability to prioritize tasks and meet required deadlines.
  • Required: Solid working knowledge of Microsoft Office (Word, Excel, Access, PowerPoint).
  • Strong analytical and problem-solving skills.
  • Detail-oriented.
  • Good leadership qualities, takes initiative and has a “can-do” attitude
  • Knowledge of SAP
  • Knowledge in Manufacturing environment
  • Ability transform financial and accounting data into useful information


Supervisory Responsibility and Reporting:


  • There is no Supervisory responsibility with this role

    This position reports to the Controller

Empowerment and Decision Making:


To be successful as a Cost Accountant, the person must be able to act independently and follow the appropriate Accounting practices and rules of the Lubrizol Corporation and CPI Fluid Engineering.


Midland, Michigan offers a great quality of life with a mix of small-town America character blended with big-city opportunities.  Our residents enjoy artistic, cultural and recreational opportunities fit for communities many times our size – all with the convenience and charm of a county of 83,000 people.  There is so much more to see and experience right here in Midland County and we invite you to experience this great quality of life that Midland has to offer. 


Lubrizol is an equal opportunity employer.  Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status.

This company profile was created by AfterCollege and is about Lubrizol Corporation. This page is not endorsed by or affiliated with Lubrizol Corporation. For questions regarding company profiles, please email: care@aftercollege.com.