Cost Accountant IL
3 days ago
Please read the following job description thoroughly to ensure you are the right fit for this role before applying.
As a Cost Accountant, you will play a crucial role in analyzing, tracking, and managing our client's costs to enhance financial decision-making and improve overall efficiency. The ideal candidate will have a solid understanding of cost accounting principles and the ability to collaborate with cross-functional teams.
Why work for our client as a Cost Accountant:
- Lots of examples of growth from within.
- Great Company Culture
- 401K w/ 2.5% Match
- Pet insurance
- Short and Long Term Disability
- Generous PTO and
- Health, Dental, Vision, FSA and Wellness Program
- Corporate Perks Discount Program
- On-site Café & Fitness Center
- Employee Engagement Events
- Beautiful Facility with Walking Trails
Responsibilities of the Cost Accountant:
- Cost Analysis: Analyze production costs, variances, and trends to provide insights for management decision-making.
- Inventory Management: Oversee the valuation and reconciliation of inventory, ensuring accuracy and compliance with accounting standards.
- Budgeting and Forecasting: Assist in the development of cost budgets, forecasts, and variance analysis.
- Product Costing: Calculate and maintain accurate product costs, considering direct and indirect costs.
- Process Improvement: Identify opportunities for process improvements to enhance the accuracy and efficiency of cost accounting procedures.
- Cost Control: Collaborate with operations teams to implement cost control measures and monitor adherence to budgets.
- Financial Reporting: Prepare and present reports on cost trends, budget performance, and cost-saving initiatives to management.
Experience Preferred of the Cost Accountant:
- Bachelor's degree in Accounting, Finance, or related field.
- Proven experience (3+ years) in cost accounting, preferably in a manufacturing or production environment.
- Strong knowledge of cost accounting principles and practices.
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