Cost Accountant

Date: Jan 6, 2022

Location: Cleveland, OH, US, 44117

Company: Lincoln Electric


Lincoln Electric is a global manufacturer of the highest quality welding, cutting and joining solutions ranging from simple to complex. With over 120 years of service excellence, we are committed to employing talent that will support our strategy to foster innovation and a first class experience for our customers. Lincoln Electric, where the actual is limited and the possible is immense.


Req. ID: 19514 


PURPOSE:  As a Cost Accountant, you will directly and actively support the accurate development, maintenance, and fiscal reporting of manufacturing costs & variances.  Additionally, this position will maintain & update standard costs and perform physical inventories throughout the year. 



  • Prepare weekly and monthly reporting and analysis related to manufacturing variances and inventory
  • Collaborate with operations on decreasing manufacturing variances and inventory adjustments
  • Prepare month-end journal entries, account reconciliations, and Sarbanes-Oxley documentation
  • Administer monthly current cost updates
  • Prepare special price requests for international customers and subsidiaries
  • Provide master data including costs for new products
  • Participate in physical inventories including data entry, auditing and counting
  • Manage offsite physical inventories
  • Report, analyze, and resolve low margins
  • Leverage technology to drive efficiencies within the department
  • Assumes additional responsibilities as needed or directed in support of the Company’s 2025 Strategy. 



  • Bachelor degree with a major in Accounting or Finance
  • CPA/CMA certificates and advanced degree are a plus
  • 3+ years of Cost Accounting experience in a manufacturing environment preferred; General
  • accounting experience with additional background in cost will be considered
  • Excellent PC skills required (e.g., Excel, Windows-environment, etc.)
  • SAP experience a plus
  • Must be highly motivated and possess excellent communication skills
  • Highly organized and detail-oriented with the ability to prioritize and handle multiple tasks


Qualified applicants will receive consideration for employment without regard to their race, color, religion, national origin, sex, protected veteran status or disability.


Lincoln Electric is a $2.5B publicly traded company (NASDAQ) with over 10,000 employees around the world.  With operations in over 40 manufacturing locations in 19 countries, we are well positioned to continue this partnership and poised to grow with our customers. As a part of that continuing legacy, you will contribute to a new generation of innovation and experience the pride that comes with being part of the solution to the world’s challenges.  It is a great time to be part of the welding industry!


Lincoln Electric does not accept unsolicited resumes from third-party recruiters.  Resumes submitted to any employee(s) of Lincoln Electric without a signed vendor agreement, by the Manager of Recruiting & Training, will become property of Lincoln Electric.  Verbal or written commitments from any other member of Lincoln Electric will not be considered binding terms.  Lincoln Electric will not pay a fee to any third-party recruiter that has not coordinated their recruiting activity through the Recruiting Department.


Employment Status: Salary Full-Time 
Function: Finance 
Section:  Lincoln Cleveland (US10) 

EOE, including disability/veterans

Nearest Major Market: Cleveland

Job Segment: ERP, Welding, SAP, Data Entry, Technology, Manufacturing, Administrative