Cost Accountant

2 weeks ago

Elk Grove Village, United States Dexter Magnetic Technologies Full time

**Basic Purpose and Objective of the Position**
Senior Cost Accountant provides leadership and full technical support for all cost-related activities including cost variance analysis and management, inventory analysis and reporting, budgeting, accounting practices and providing assistance and support in the development of lean manufacturing processes and enhanced cost allocation systems in cooperation with other departments. Job costing is an integral function in our company as many of our products are manufactured to our customers’ specification. This position also provides financial analysis and support to the Controller and CFO.

**Major Responsibilities - reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions**:

- Coordinate and assist in directing the monthly close, monthly forecast, annual budget and other investment activities of all or part of the organization.
- Develop, maintain and publish meaningful business analysis to assist management in decision making and aiding company in achievement of goals and objectives including:

- Sales and margin trends / forecasts
- Product Line, Customer, Industry cost and margin analysis
- Variance analysis to budget, FY and forecast for material, labor and overhead
- Producing and maintaining labor and overhead rates
- Inventory valuation, turns and reserve analysis
- Produce/track business key performance indicators
- Ensure control over inventory through audit and support of cycle count program and annual physical inventories
- Financial liaison as participant in lean events and support cost saving, margin enhancement activities
- Support production and sales functions in attaining and measuring initiatives in cost reduction, margin enhancement and working capital improvement
- Improve controls and business processes including defining, documenting and implementing new policies as identified.

Salary Range: $100,000-$115,000
**Qualifications and Job Demands**
- Bachelor’s degree in Accounting or equivalent
- CPA/CMA certification(s) preferred
- Minimum 2 years of public accounting or similar industry experience
- Strong systems/ERP experience/exposure
- Proficient with Excel, report writing and/or data mining software and strong general computing skills such as MS Office.
- Goal and deadline driven; excellent time management skills and the ability to prioritize daily work and projects and achieve results
- Strong verbal, listening and written communication skills - including ability to present financial information to all levels of the organization.
- Detail oriented yet able differentiate/prioritize the relevant from non-relevant

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)

Pay: $100,000.00 - $115,000.00 per year

**Benefits**:

- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Vision insurance

Work Location: In person

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