Cost Accounting Specialist

2 weeks ago


Schaumburg, Illinois, United States Creative Financial Staffing Full time

Creative Financial Staffing is a reputable and expanding organization. We are looking for a meticulous and analytical individual to become a part of our finance department as a Cost Accountant. If you possess a robust background in manufacturing and a commitment to precision, we encourage you to consider this opportunity.

As a Cost Accountant, your contributions will be vital in assessing, monitoring, and managing costs to support financial strategies and enhance operational efficiency. The ideal candidate will demonstrate a comprehensive understanding of cost accounting principles and the capability to work collaboratively across various teams.

Benefits of working with Creative Financial Staffing as a Cost Accountant:

  • Opportunities for internal advancement.
  • Positive organizational 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.
  • Employee discount programs.
  • On-site fitness center and cafeteria.
  • Engagement events for employees.
  • A beautiful facility with walking paths.

Key Responsibilities of the Cost Accountant:

  • Cost Analysis: Evaluate production expenses, variances, and trends to deliver insights for management.
  • Inventory Oversight: Manage the valuation and reconciliation of inventory, ensuring compliance with accounting standards.
  • Budgeting and Forecasting: Support the creation of cost budgets, forecasts, and variance assessments.
  • Product Costing: Determine and maintain precise product costs, accounting for both direct and indirect expenses.
  • Process Enhancement: Identify and implement improvements to enhance the accuracy and efficiency of cost accounting processes.
  • Cost Management: Work with operations teams to enforce cost control measures and ensure budget compliance.
  • Financial Reporting: Generate and present reports on cost trends, budget outcomes, and cost-saving initiatives to management.

Preferred Qualifications for the Cost Accountant:

  • Bachelor's degree in Accounting, Finance, or a related discipline.
  • A minimum of 3 years of experience in cost accounting, ideally within a manufacturing or production setting.
  • Strong understanding of cost accounting principles and practices.


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