Cost Management Specialist

2 weeks ago


Schaumburg, Illinois, United States Creative Financial Staffing Full time
Join Our Team as a Cost Management Specialist

Creative Financial Staffing is a vibrant and expanding organization. We are on the lookout for a meticulous and analytical individual to become a part of our finance team as a Cost Management Specialist. If you possess a robust background in manufacturing, a keen eye for detail, and the capability to influence strategic financial decisions, we encourage you to consider this opportunity.

Role Overview:
As a Cost Management Specialist, you will be instrumental in evaluating, monitoring, and controlling our client's costs to facilitate informed financial decision-making and enhance operational efficiency. The ideal candidate will demonstrate a comprehensive understanding of cost management principles and exhibit the ability to work collaboratively with various teams.

Benefits of Joining Us:
  • Opportunities for internal advancement.
  • Positive Company Culture
  • 401K with a 2.5% Matching Contribution
  • Pet Insurance Options
  • Short and Long-Term Disability Coverage
  • Generous Paid Time Off
  • Comprehensive Health, Dental, Vision, FSA, and Wellness Programs
  • Corporate Discounts and Perks
  • On-site Dining and Fitness Facilities
  • Engaging Employee Events
  • Beautiful Campus with Walking Trails


Key Responsibilities:
  • Cost Evaluation: Examine production expenses, variances, and trends to deliver valuable insights for management.
  • Inventory Oversight: Manage the assessment and reconciliation of inventory, ensuring precision and adherence to accounting standards.
  • Budget Development: Contribute to the formulation of cost budgets, forecasts, and variance assessments.
  • Product Cost Analysis: Compute and uphold accurate product costs, taking into account both direct and indirect expenses.
  • Process Enhancement: Identify and implement process improvements to boost the accuracy and efficiency of cost management practices.
  • Cost Monitoring: Collaborate with operational teams to establish cost control measures and ensure compliance with budgets.
  • Financial Reporting: Generate and present reports on cost trends, budget performance, and cost-saving initiatives to leadership.


Preferred Qualifications:
  • Bachelor's degree in Accounting, Finance, or a related discipline.
  • A minimum of 3 years of proven experience in cost management, ideally within a manufacturing or production setting.
  • In-depth knowledge of cost management principles and practices.


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