Share this Job

Cost Accountant

Job Requisition ID:  44147

Founded in 1920, Eastman is a global specialty materials company that produces a broad range of products found in items people use every day. With the purpose of enhancing the quality of life in a material way, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability. The company’s innovation-driven growth model takes advantage of world-class technology platforms, deep customer engagement, and differentiated application development to grow its leading positions in attractive end markets such as transportation, building and construction, and consumables. As a globally inclusive and diverse company, Eastman employs approximately 14,000 people around the world and serves customers in more than 100 countries. The company had 2021 revenues of approximately $10.5 billion and is headquartered in Kingsport, Tennessee, USA. For more information, visit

The role

Within the EMEA Finance Organization we currently have a fulltime vacancy in Ghent-South, Belgium for a Cost Accountant

The Cost Accountant is responsible for controlling the material ledger for the Ghent products within the inventories of own entity as well as these materials sold to other Eastman entities and materials imported from other entities and sold through the Ghent entity. By routinely checking SAP transactions, incorrect cost allocations and large variances in actual costing of materials are avoided. This is achieved by target setting in SAP for material and activity prices and delivering accurate and timely financial information to various departments at the Ghent site, the Corporate Cost Organization in Kingsport, USA and the Business.
The Cost Accountant reports to the Operations controlling EMEA, has strong connections with the Corporate Cost Team, regional (Cost) Accountants and various departments in Ghent.



Monthly closing and reporting :
•    Verify costs are categorized properly and activity levels are reasonable
•    Ensure cost center costs are properly allocated to product or other cost centers
•    Ensure material ledger cost is accurate
•    Process any necessary journal entries
•    Review production postings and inventory adjustments

Inventory accuracy :
•    Coordination of physical inventory counts
•    Participation in bi-monthly rework count & annual physical inventory count
•    Ensure accuracy of cost units. Process cost estimates and standard cost updates as needed
•    Review and monitoring of inventory procedures
•    Ensure accuracy of Expired Excess Obsolete Aged stock and maintain approval evidence
•    Reporting activities related to inventory accounting
•    Focal point for internal and external audits

Annual Cost Structure Planning :
•    Check/Maintain accuracy of conversion cost, product quantities, BOM’s, routings
•    Explain variances in mfg cost budgets to MFG & Finance leadership

Site Leadership Support :
•    Provide relevant, accurate & timely cost analysis and reporting to site leadership
•    Support cost improvement initiatives
•    Be the Trust Business Advisor

Manufacturing cost processes :
•    Continuously seek out for system and process improvements

Compliance with Corporate policies and procedures :
•    Ensure adherence to compliance requirements
•    Educate manufacturing and business personnel on compliance requirements


•    Bachelor/university level degree in accounting;
•    At least 3 years of relevant accounting experience in a multinational company;
•    Fluent in Dutch and English both oral and written;
•    Good verbal and written communication skills;
•    Proficient in Microsoft Excel and preferred knowledge of SAP (FI/CO);
•    Organized – to stay on top of significant amount of data and requests for reports/tasks. Demonstrated by: able to set priorities, manage multiple tasks, complete tasks, quality output;
•    Working effectively in a team environment;
•    Individuals should be self-motivated and have the initiative to resolve problems with minimum supervision;


Apply quickly and easily with your resume via our website (or click on below apply button)

Recruiter tip: skip the cover letter and pitch us in 3 sentences why exactly you are the perfect match for our team!

NOTE: we already have chosen our sourcing channels and kindly ask not to be contacted by search, advertisement, or staffing firms.

Eastman is  committed to creating a powerfully diverse workforce and a broadly inclusive workplace, where everyone can contribute to their fullest potential each day

Job Segment: ERP, SAP, Accounting, Application Developer, Technology, Finance