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Cost Accounting Specialist

2 months ago

Schaumburg, Illinois, United States Michael Page Full time
Company Overview

This opportunity is with a private equity-backed, rapidly expanding organization in the medical device sector. The company is on a trajectory to double its size in the coming years, making it an exciting time to be part of their growth journey.

Position Summary

The Cost Analyst will play a pivotal role in overseeing the cost accounting functions within the organization. This position involves:
  • Managing the operational elements of the cost accounting framework.
  • Analyzing the financial performance of production activities, identifying variances, and implementing corrective actions to address any discrepancies.
  • Assessing complex data and analytics from various sources to ensure accuracy and provide essential information for informed decision-making.
  • Producing timely and precise reports related to plant operations, adhering to both internal and external reporting standards.
  • Identifying opportunities to improve cost efficiency across the organization.
  • Recording inventory and cost-related journal entries during the monthly closing processes.
  • Contributing to the establishment of benchmarks for material, labor, and overhead costs.
Candidate Profile

The ideal candidate will possess:
  • A Bachelor’s degree in Accounting, Finance, or a related discipline.
  • Significant experience in cost accounting and manufacturing environments.
  • Strong analytical and problem-solving capabilities, with meticulous attention to detail.
  • Proficiency in financial software and ERP systems, such as SAP or Oracle.
  • Advanced skills in Microsoft Excel and other Microsoft Office applications.
Compensation and Benefits

The organization offers a competitive salary package along with:
  • Bonus potential
  • Comprehensive benefits
  • Profit-sharing opportunities
  • Flexible hybrid work schedule
  • Significant career advancement potential
  • A highly visible role collaborating closely with senior management