Cost Accountant
Cost Accountant
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Job Description
Now Hiring: Cost Accountant (100% On-Site Elgin IL)
We are seeking a full-time Cost Accountant to join our growing finance team. This is a 100% on-site position based in Elgin IL.
Why Join Us
We offer a competitive compensation package and exceptional benefits including:
Salary: $90000 $110000
Bonus: 10% targeted annual bonus based on company performance
Medical Insurance: Three plan options
Dental & Vision Insurance
Short- and Long-Term Disability
Life Insurance
401(k): 100% company match up to 5%
Paid Time Off: 11 paid holidays plus vacation time
Company Overview
We are a global leader in the design manufacturing and distribution of CNC machinery with a 100-year legacy of excellence. With over $225 million in annual revenue and 700 employees across the U.S. Switzerland and China we operate with a streamlined regional leadership structure focused on performance quality and continuous improvement.
Role Summary
The Cost Accountant plays a key role in supporting our U.S. manufacturing operations by delivering accurate and insightful cost reporting and analysis helping drive informed decisions that impact profitability and efficiency.
Key Responsibilities
Analyze and report on manufacturing costs variances and margins
Partner with production and operations to ensure accurate cost tracking
Review sales quotes to ensure full and accurate cost allocations
Perform profitability and cost analysis for products and product lines
Monitor and reconcile inventory transactions including cycle counts and adjustments
Support the budgeting forecasting and financial planning processes
Prepare and post journal entries for month-end close
Assist in compiling monthly financial reporting packages
Investigate and explain significant expense variances
Reconcile key accounts and resolve discrepancies
Continuously improve cost accounting procedures and internal controls
Support special projects and financial initiatives as assigned
Qualifications
Bachelors degree in Accounting Finance or related field
CPA or MBA preferred
Minimum 3 years of cost accounting experience in a manufacturing environment
Solid understanding of US GAAP
ERP experience required; Oracle JDE preferred
Proven career progression in accounting roles
Skills & Competencies
Proficiency in Excel and financial analysis tools
Strong understanding of standard costing inventory valuation and variance analysis
Attention to detail with strong analytical and problem-solving skills
Excellent communication and collaboration abilities
Ability to work independently and meet deadlines in a dynamic environment
Comfortable working across teams within a global organization
Employment Type
Full-Time
