Cost Accounting Lead

2 weeks ago


Lombard, Illinois, United States Jobot Full time
Join a dynamic team and make a difference

About Us:
We are a forward-thinking organization looking for a skilled Cost Accounting Manager to enhance our Engineering department. This full-time position offers a unique opportunity for an experienced professional to oversee all facets of cost accounting within our company.

Why Work With Us?
  • Comprehensive Benefits Package
  • 401(K) Plan
  • Generous Paid Time Off
  • Supportive work environment that encourages professional growth


Position Overview:
As a Cost Accounting Manager, you will be instrumental in managing monthly financial reporting, overseeing inventory management, and guiding the annual budgeting process. Your insights will be vital for strategic decision-making and will significantly contribute to the company's success.

Key Responsibilities:

1. Direct and manage the complete cost accounting operations, including inventory assessment, cost evaluation, and profit margin reporting.

2. Generate, analyze, and present financial reports on a monthly, quarterly, and annual basis to senior leadership.

3. Spearhead the annual budgeting process and oversee the financial forecasting for the organization.

4. Formulate and execute inventory management strategies to maintain optimal inventory levels while minimizing costs.

5. Perform regular financial analyses to uncover trends, discrepancies, and areas for enhancement.

6. Collaborate with engineering and operations teams to identify opportunities for cost reduction and efficiency gains.

7. Ensure adherence to financial regulations and standards.

8. Provide mentorship and direction to the cost accounting team, promoting a culture of continuous improvement and learning.

Qualifications:

1. Bachelor’s degree in Accounting, Finance, or a related discipline; advanced degrees or certifications such as CPA or CMA are preferred.

2. At least 5 years of experience in cost accounting.

3. Expertise in monthly financial reporting, inventory oversight, annual budgeting, and financial analysis.

4. Strong understanding of cost accounting principles, financial regulations, and standards.

5. Exceptional analytical abilities, capable of interpreting complex financial data and providing actionable insights.

6. Proven leadership skills with experience in team management and development.

7. Excellent communication skills, adept at presenting financial information clearly and concisely.

8. Proficient in financial software and advanced Excel capabilities.

9. Ability to thrive in a fast-paced environment while managing multiple priorities.

10. A proactive mindset towards problem-solving, with a keen focus on precision and detail.

This role is an excellent opportunity for a dedicated Cost Accounting Manager seeking a challenging and fulfilling position within the engineering sector. If you possess the necessary skills and experience, we look forward to your application.
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