Demo

Cost Accountant- Finance

Hearthside Foods Talent Acquisition Team
Des Plaines, IL Full Time
POSTED ON 4/1/2025
AVAILABLE BEFORE 6/1/2025
Job Summary: The Cost Accountant is responsible for developing and monitoring plant costs and operational metrics.  Maintains SKU level cost standards in SAP. Prepare root cause variance analysis of actual to standard for materials and labor. The cost accountant is responsible for managing the month end cost rolls, participating in the month end close process as well as interpretation of operational reporting, monitoring of actual results, forecasting, planning and analysis.  The role also assists with developing the annual plant budget, capital spending proposals and new product costing.  The role resides at the plant level to assist plant and business unit managers in the aforementioned metrics.   Job Duties: Duties may include, but are not limited to the following: Plant expert regarding the cost accounting system, upholding internal controls over financial reporting. Develop standard costs, update and create new Bill of Materials and Routings within SAP. Reconcile FT and temp employee labor hours between SAP and payroll system on a weekly basis Prepare monthly journal entries for inventory related adjustments Assist production management with assessment of “continuous improvement” projects and processes. Measure and report progress toward planned goals. Analyzes manufacturing costs and prepares reporting comparing standard to actual production costs. Work with Plant leadership team in preparation of pricing quotations for the Sales and Marketing teams, as needed for new projects or engineering revisions. Maintain integrity between SAP and cost cards. Prepare financial analysis of new product performance against pricing assumptions Assist in the preparation of Annual Operating Budget for the plant Preparation and review of production metrics on a daily, weekly and periodic basis. Analyze and monitor production line capacity, utilization and performance. Responsible for creating SAP Routings Assist with preparation of analysis of capital expense projects, continuous monitoring of spending against CAPEX and ROI assessment. Responsible for reconciling customer owned inventory, tracking usages and understanding Usage drivers. Monitor both the frozen and current standards within the system, ensuring the current routing data matches playbooks. Assist with month end reporting, understanding overall plant financial performance against budget, participating in cost savings initiatives and project savings calculations. Assist with the month end closing process, WIP reporting, bill on production reconciliation, journal entries and variance to standard reporting. Track and prepare special billing opportunities, including material and labor costs Provide disposition costs into the QN process. Position provides multi-site support   Specific Reporting Requirements: Weekly labor reporting Weekly material usage reports Weekly KPI reporting Monthly KPI statistics Monthly Lbs. reporting Monthly WIP reporting Monthly Variance by Customer reporting   Required Competencies & Knowledge: Knowledge of:  Procurement, manufactured products, and production processes Knowledge of accounting and finance principles Knowledge and experience with SAP Cost Accounting or Manufacturing accounting experience   Skilled in:  Proficiency in Excel, Word, and PowerPoint. Strong analytical and interpersonal skills. Must have ability to effectively interface with plant and corporate office personnel. Strong oral communication skills required. Must be able to effectively work as part of a team in a fast-paced environment and handle multiple assignments simultaneously   Ability to:  Communicate effectively both verbally and in writing. Successfully multi-task Ensure collaborative relationships with industry, trade, other associations, regulatory agencies and Hearthside staff. Lead ‘best in class’ behaviors with focus on safety, quality, and policy focus   Proficiency in:   MS Office Suite SAP   Work Environment: Work is primarily done in an office setting at supported plant(s) Infrequent production environment exposure which includes noise, dust, moving machinery, forklifts, and fluctuations in temperature. 10% of time will be spent on the production floor so GMP’s must be followed    Physical Requirements: Sitting at a workstation for extended periods of time Stand, walk, climb stairs on an infrequent basis Must be able to lift 20 pounds on an infrequent basis.   Minimum Qualifications: Bachelor’s Degree is required.  Minimum of (3) three years’ experience with Manufacturing/Cost Accounting in an industrial sector.  Experience in high-volume manufacturing, food and/or pharma industry preferred.     Sponsorship for work authorization is not available for this position. It is the candidate’s responsibility to ensure they are legally authorized to work in the location to which they apply.   The pay range for this full-time, salaried position is $58,962 - $88,444/year. Individual base pay depends on work location and additional factors such as experience, job-related skills, and relevant education or training. The position is eligible for a discretionary annual incentive based on company and individual performance.  We offer a comprehensive benefits package including health, dental, 401k and wellness benefits beginning on the first day of employment.   This information is provided per the relevant state and local pay transparency laws for the location in which this position will be performed.  Base pay information is based on market location.      Job Summary: The Cost Accountant is responsible for developing and monitoring plant costs and operational metrics.  Maintains SKU level cost standards in SAP. Prepare root cause variance analysis of actual to standard for materials and labor. The cost accountant is responsible for managing the month end cost rolls, participating in the month end close process as well as interpretation of operational reporting, monitoring of actual results, forecasting, planning and analysis.  The role also assists with developing the annual plant budget, capital spending proposals and new product costing.  The role resides at the plant level to assist plant and business unit managers in the aforementioned metrics.   Job Duties: Duties may include, but are not limited to the following: Plant expert regarding the cost accounting system, upholding internal controls over financial reporting. Develop standard costs, update and create new Bill of Materials and Routings within SAP. Reconcile FT and temp employee labor hours between SAP and payroll system on a weekly basis Prepare monthly journal entries for inventory related adjustments Assist production management with assessment of “continuous improvement” projects and processes. Measure and report progress toward planned goals. Analyzes manufacturing costs and prepares reporting comparing standard to actual production costs. Work with Plant leadership team in preparation of pricing quotations for the Sales and Marketing teams, as needed for new projects or engineering revisions. Maintain integrity between SAP and cost cards. Prepare financial analysis of new product performance against pricing assumptions Assist in the preparation of Annual Operating Budget for the plant Preparation and review of production metrics on a daily, weekly and periodic basis. Analyze and monitor production line capacity, utilization and performance. Responsible for creating SAP Routings Assist with preparation of analysis of capital expense projects, continuous monitoring of spending against CAPEX and ROI assessment. Responsible for reconciling customer owned inventory, tracking usages and understanding Usage drivers. Monitor both the frozen and current standards within the system, ensuring the current routing data matches playbooks. Assist with month end reporting, understanding overall plant financial performance against budget, participating in cost savings initiatives and project savings calculations. Assist with the month end closing process, WIP reporting, bill on production reconciliation, journal entries and variance to standard reporting. Track and prepare special billing opportunities, including material and labor costs Provide disposition costs into the QN process. Position provides multi-site support   Specific Reporting Requirements: Weekly labor reporting Weekly material usage reports Weekly KPI reporting Monthly KPI statistics Monthly Lbs. reporting Monthly WIP reporting Monthly Variance by Customer reporting   Required Competencies & Knowledge: Knowledge of:  Procurement, manufactured products, and production processes Knowledge of accounting and finance principles Knowledge and experience with SAP Cost Accounting or Manufacturing accounting experience   Skilled in:  Proficiency in Excel, Word, and PowerPoint. Strong analytical and interpersonal skills. Must have ability to effectively interface with plant and corporate office personnel. Strong oral communication skills required. Must be able to effectively work as part of a team in a fast-paced environment and handle multiple assignments simultaneously   Ability to:  Communicate effectively both verbally and in writing. Successfully multi-task Ensure collaborative relationships with industry, trade, other associations, regulatory agencies and Hearthside staff. Lead ‘best in class’ behaviors with focus on safety, quality, and policy focus   Proficiency in:   MS Office Suite SAP   Work Environment: Work is primarily done in an office setting at supported plant(s) Infrequent production environment exposure which includes noise, dust, moving machinery, fork lifts, and fluctuations in temperature. 10% of time will be spent on the production floor so GMP’s must be followed    Physical Requirements: Sitting at a work station for extended periods of time Stand, walk, climb stairs on an infrequent basis Must be able to lift 20 pounds on an infrequent basis.   Minimum Qualifications: Bachelor’s Degree is required.  Minimum of (3) three years’ experience with Manufacturing/Cost Accounting in an industrial sector.  Experience in high-volume manufacturing, food and/or pharma industry preferred.     Sponsorship for work authorization is not available for this position. It is the candidate’s responsibility to ensure they are legally authorized to work in the location to which they apply.   The pay range for this full-time, salaried position is $58,962 - $88,444/year. Individual base pay depends on work location and additional factors such as experience, job-related skills, and relevant education or training. The position is eligible for a discretionary annual incentive based on company and individual performance.  We offer a comprehensive benefits package including health, dental, 401k and wellness benefits beginning on the first day of employment.   This information is provided per the relevant state and local pay transparency laws for the location in which this position will be performed.  Base pay information is based on market location.    #LI-EO1  #LI-ONSITE

Salary : $58,962 - $88,444

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

What is the career path for a Cost Accountant- Finance?

Sign up to receive alerts about other jobs on the Cost Accountant- Finance career path by checking the boxes next to the positions that interest you.
Income Estimation: 
$63,829 - $79,985
Income Estimation: 
$76,183 - $95,442
Income Estimation: 
$76,183 - $95,442
Income Estimation: 
$91,791 - $115,021
Income Estimation: 
$91,791 - $115,021
Income Estimation: 
$111,271 - $144,173
Income Estimation: 
$63,829 - $79,985
Income Estimation: 
$76,183 - $95,442
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Job openings at Hearthside Foods Talent Acquisition Team

Hearthside Foods Talent Acquisition Team
Hired Organization Address North Sioux, SD Full Time
Who We Are: With over 11,000 employees at over 40 facilities across US & Europe, Hearthside Food Solutions is one of the...
Hearthside Foods Talent Acquisition Team
Hired Organization Address Salt Lake, UT Full Time
What We Want to Give to You: We offer a competitive wage and wide array of benefits including: • health/dental/vision in...
Hearthside Foods Talent Acquisition Team
Hired Organization Address Lakeville, MN Full Time
The Blender position will have the overall responsibility ensuring the proper products are accurately weighed, blended, ...
Hearthside Foods Talent Acquisition Team
Hired Organization Address Kentwood, MI Full Time
Job Summary: The position is responsible for developing and monitoring plant costs and operational metrics. Maintains SK...

Not the job you're looking for? Here are some other Cost Accountant- Finance jobs in the Des Plaines, IL area that may be a better fit.

Cost Accountant- Finance

Hearthside Food Solutions, Des Plaines, IL

Cost Accountant

Connect Search, LLC, Buffalo, IL

AI Assistant is available now!

Feel free to start your new journey!