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Cost Accountant

Join Siemens Energy in Richland, Mississippi as a Cost Accountant. Support manufacturing financials by analyzing costs, inventory, and forecasts. Collaborate across teams to improve reporting and operational efficiency. Benefit from working with advanced tools like SAP and Tableau in a dynamic environment.

On-site Full time UTC-05:00 Updated 46 days ago

Applies on jobs.siemens-energy.com

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As a Cost Accountant, you will play a key role in supporting the financial performance of a fast-paced manufacturing operation by analyzing inventory, production costs, and financial results to provide actionable insights for business decisions. You will collaborate with Operations, Production, Supply Chain, and Finance teams to ensure accurate product costing, inventory valuation, financial reporting, and forecasting. Your work will help identify risks, improve financial transparency, and drive operational efficiency while ensuring compliance with accounting standards and company policies.

How You'll Make an Impact

  • Prepare accurate and timely financial reporting, forecasts, and cost analyses by monitoring inventory balances, production orders, production variances, and other key financial metrics to support business decision-making
  • Maintain product costing within SAP, support the annual cost roll process, and analyze material costs, inventory valuation, excess and slow-moving inventory, and manufacturing variances to identify financial risks and improvement opportunities
  • Partner with Operations, Production, Supply Chain, and Finance teams to provide financial guidance, investigate cost variances, and improve the accuracy of manufacturing and inventory reporting
  • Prepare ad hoc financial reports and analyses for plant leadership, U.S. and global headquarters, while supporting internal and external audit requests and ensuring compliance with accounting standards and internal controls
  • Leverage digital reporting and analytics tools, including SAP, Alteryx, Tableau, and Microsoft Excel, to automate reporting, improve data visibility, and support continuous process improvements across the finance organization
  • Drive financial accuracy and operational excellence by identifying opportunities to improve costing processes, reporting capabilities, inventory controls, and overall financial performance

What You Bring

  • Bachelor's degree in Accounting, Business Administration with an Accounting emphasis, Finance, or a related field
  • 2-4 years of experience in cost accounting, manufacturing accounting, financial analysis, or a related finance role within a manufacturing or industrial environment
  • Strong knowledge of cost accounting principles, inventory accounting, manufacturing costing, financial reporting, forecasting, and ERP systems; experience with SAP preferred
  • Advanced Microsoft Excel skills required; experience with or willingness to learn digital reporting and analytics tools such as Alteryx and Tableau
  • Strong analytical, communication, organizational, and problem-solving skills with the ability to collaborate across cross-functional teams, manage multiple priorities, and meet deadlines in a fast-paced environment
  • Applicants must be legally authorized for employment in the United States without need for current or future employer-sponsored work authorization. Siemens Energy employees with current visa sponsorship may be eligible for internal transfers.

Typical pay for similar roles

Estimate
US$61,880–86,242 annually
Entry level · Accounting & Finance · United States · 56 similar jobs

The middle half of pay advertised on Rejobs for this group over the last 24 months. This employer has not stated a salary.

About this role

Posted
20 Aug 2026
Updated
20 Aug 2026
Job type
Full time
Workplace
On-site
Working hours
UTC-05:00
Experience
2-4 years

About Siemens Energy

Company Overview

Name

Siemens Energy AG

Headquarters

Munich, Germany

Founded

2020

Size

Approximately 103,000 employees worldwide (source: siemens-energy.com). Revenue of 39.077 billion in fiscal year 2025 (source: siemens-energy.com).

What They Do

Siemens Energy is a global energy technology company covering nearly the entire value chain of energy, from power and heat generation to transmission and storage (source: siemens-energy.com). The company offers a broad portfolio of products and services, including gas and steam turbines, generators, transformers, high-voltage direct current (HVDC) transmission, grid technologies, as well as industrial electrification and decarbonization solutions (source: siemens-energy.com). Its main business areas include Gas Services, Grid Technologies, Transformation of Industry, and Siemens Gamesa, which holds a significant position in the wind energy sector (source: siemens-energy.com). Siemens Energy serves utilities, grid operators, industrial companies, power producers, and infrastructure developers worldwide and estimates that about one-sixth of global power generation is based on its technologies (source: siemens-energy.com).

Projects & Track Record

In recent years, Siemens Energy has completed numerous significant projects, including the construction of an offshore converter system connecting North Sea wind farms to the German power grid in collaboration with Neptun Smulders Offshore Renewables for 50Hertz (source: reuters.com). In June 2026, it secured a 2-GW offshore contract for the North Sea Connector 2 project from 50Hertz (source: energynews.pro). Another major project is the 2-GW HVDC link Eastern Green Link 4 between Scotland and England, with a contract value of around 3 billion pounds, scheduled for completion by 2033 (source: energynews.pro). In the steam turbine sector, Siemens Energy is delivering 20 turbines with a total capacity of 1 GW for AI data centers in cooperation with Babcock & Wilcox (source: finance.yahoo.com). Additionally, the company supplies Petrobras with energy and gas compression systems for FPSO units in Brazilian offshore fields (source: finance.yahoo.com).

Outside Europe, Siemens Energy is involved in Oman with the delivery and maintenance of equipment for two 2.6-GW gas power plants in Misfah and Duqm (source: energynews.pro). In the USA, two energy projects totaling 2 GW were agreed upon in 2025 with Fermi America in connection with a private 11-GW AI energy campus (source: energynews.pro).

Recent Developments

In 2026, Siemens Energy significantly improved its order intake, especially in Gas Services, where 102 gas turbines were booked in the first quarter and 12 GW were converted from existing reservation agreements, with an additional 12 GW of new reservations (source: siemens-energy.com). The revenue forecast for fiscal year 2026 was raised from 11-13% to 14-16%, and the profit margin before special items was increased to 10-12%, reflecting strong demand and solid execution (source: siemens-energy.com). Furthermore, Siemens Energy is investing 1 billion USD in North America, creating highly skilled jobs to further expand its manufacturing and industrial presence (source: siemens-energy.com).

Working There

Siemens Energy offers a wide range of career opportunities in fields such as engineering, manufacturing, project management, service, digitalization, sales, finance, human resources, and supply chain management (source: siemens-energy.com). The corporate culture is shaped by a global presence in over 90 countries with approximately 21,200 production sites, offering diverse opportunities in project-driven and production-intensive roles (source: siemens-energy.com). Key recruitment locations include the headquarters in Munich as well as Orlando, Florida, USA (source: siemens-energy.com). Desired qualifications include mechanical and electrical engineering, energy systems, control technology, software development, manufacturing, project management, field service, procurement, and industrial operations (source: siemens-energy.com).

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