Cost Accountant

Means Industries•Geneva, IL

4d•$80,000 - $90,000•Onsite

About The Position

The Cost Accountant will manage, reconcile, and audit inventory, while supporting month-end closing and providing actionable data on material, labor, and overhead. This role will also assist in the preparation of reports and regularly perform special assignments of an accounting nature. Good mathematical analysis and reasoning skills are required.

Requirements

Bachelor’s degree in finance / accounting
Minimum 3 years in finance/accounting
Strong Proficiency in ERP systems (preferably SAP) and advanced MS Excel skills.
Ability to analyze large, complex data sets to identify trends and validate data accuracy.
Ability to interact with production floor personnel and present findings to management.
Work is performed in an office environment and requires the ability to operate standard office equipment.
Sedentary work that primarily involves sitting/ standing.
Repetitive motion that includes substantial movements (motions) of the wrists, hands, and / or fingers.
Strong analytical, organizational, and problem-solving skills and must be able to communicate financial information and models in a concise and easy comprehensible manner.
Excellent written and verbal communication skills.

Nice To Haves

CPA is strongly preferred.

Responsibilities

Monitor and report on manufacturing variances (material usage, labor efficiency, overhead absorption, scrap) and compare actual costs against standard costs, advising on improvements.
Oversee inventory valuation, material flow, and reconciliation for raw materials, WIP, and finished goods.
Prepare journal entries, reconcile inventory accounts, and maintain accurate cost of goods sold (COGS) reporting.
Partner with engineering and manufacturing personnel to update Bills of Materials (BOMs), routing, and set standard costs.
Support cycle counts and physical inventory audits, ensuring compliance with GAAP.
Identify cost-saving opportunities and improve, maintain, or develop cost accounting systems and procedures.
Assist with physical inventories by assisting with the planning, preparation and managing personnel responsible for data processing and performing final reconciliation investigations and reporting.
Assist with special projects related to annual financial plan, fixed assets, tax reporting, cost analysis, etc. as assigned by Sr. BU Controller.
Serve as backup support for General Accounting staff, where appropriate.
Assist with month end, quarter end, and year end closing.
Other activities as directed by the Sr. BU Controller.
Assist with month end / quarter end financial reporting to parent company.