What are the responsibilities and job description for the Senior Cost Accountant position at Connect Search, LLC?
Our client in Bridgeview is seeking a Senior Cost Accountant to join the team. You will involve overseeing the month-end facility close process, including tasks such as production order processing, inventory provisions, cost center allocations, accruals, and reconciliations. This is a hands-on role that allows you to contribute to key initiatives and collaborate across departments.
This is a fully in-office position.
Key Responsibilities:
- Inventory Management: Maintain accurate inventory costs
- Cost Analysis: Develop costings for new products and analyze manufacturing and purchasing variances to identify opportunities to reduce inventory costs and optimize production processes.
- Reporting: Create and distribute inventory reports, including cycle count accuracy, budget vs. actual activity, and variance/absorption analyses
- Month-End Close: Maintain the one-day close process.
- Close material inventory ledgers and complete cost allocation jobs within the ERP system.
- Complete inventory-related reconciliations in a timely manner.
- Analyze and adjust inventory reserves as needed.
- Audit Support: Assist external auditors with inventory-related inquiries and requests.
- Standard Costing: Lead the annual standard cost-setting process and partner with Operations to develop annual manufacturing plans, establishing labor rates and variable/fixed overhead rates.
Qualifications:
- 5 years of accounting experience, including 3 in cost accounting with period close responsibilities.
- Bachelor’s degree in Accounting, Finance, or a related field.
- Strong knowledge of U.S. GAAP (Generally Accepted Accounting Principles).
- Proficiency in SAP is preferred.
- Solid Microsoft Excel skills, including Pivot Tables and VLOOKUP functions.
Salary : $100,000 - $110,000
