Chief Cost Optimization Specialist

1 week ago


Skokie, Illinois, United States Michael Page Full time

About the Role:

The Chief Cost Optimization Specialist will play a pivotal role in driving financial efficiency and accuracy within our client's organization. As a key member of the finance team, this individual will be responsible for managing product costing, standard cost updates, and inventory reconciliation to ensure seamless financial reporting.

Key Responsibilities:

  • Develop and maintain robust product cost models to ensure accurate standard cost updates.
  • Analyze production costs, material usage, and overhead allocations to identify areas for improvement.
  • Oversee inventory valuation, reconciliation, and variance analysis to guarantee precise financial reporting.
  • Collaborate with operations teams to resolve discrepancies and ensure accurate reporting.
  • Prepare comprehensive cost reports to support month-end and year-end closing processes.
  • Assist with budgets, forecasts, and variance analysis related to cost and inventory performance.
  • Implement and refine internal controls for cost accounting and inventory processes.
  • Provide actionable insights to leadership to drive cost reduction and operational efficiency initiatives.

Requirements and Qualifications:

  • Bachelor's degree in Accounting, Finance, or a related field.
  • 3-5 years of experience in cost accounting, preferably in manufacturing or a similar environment.
  • Proficiency with ERP systems and advanced Excel skills.
  • Strong analytical and problem-solving abilities.
  • Familiarity with GAAP and standard costing principles.
  • Attention to detail, excellent communication skills, and a collaborative approach.

About the Salary:

The salary range for this position is estimated at $80,000 - $110,000 per annum, depending on qualifications and experience.

Benefits:

  • Competitive compensation package.
  • Comprehensive benefits, including health insurance and retirement plans.
  • Professional development opportunities.
  • Flexible work arrangements (hybrid/remote options available).

About Us:

Michael Page is a leading recruitment agency dedicated to delivering exceptional talent solutions to businesses across various industries.



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