Cost Accounting Manager - Chicago, IL
In this position, you will be responsible for managing a team of Cost Accounting professionals. You will apply principles of accounting to reconcile and analyze financial and cost accounting information, assist in the preparation and review of financial data, and provide manufacturing and cost accounting reporting for management review and decision-making. This position requires strong analytical and problem solving skills as well as initiative.
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PRINCIPAL RESPONSIBILITIES, DUTIES & TASKS:
-Manages Cost Accounting team.
-Review and analyze accounting information to identify, correct and maintain the integrity of the accounting data and structure
-Review and approve monthly Journal entries and Balance Sheet Reconciliations.
-Provide monthly Inventory variance analysis
-Identifies, coordinates and reviews cost accounting projects, such as pricing and margin analysis, customer, market and product profitability, data warehouse integrity and reporting, etc.
-Devises and implements reporting and analysis processes in order to provide accurate information.
-Organize and coordinate annual physical inventory observations for multiple facilities.
-Provide research and assistance to management for analysis and other financial or cost related projects.
-Process month-end internal and corporate reporting and distribute to management.
-Business partner with Operations.
-Review, analyze and supervise the part components and BOM entry and maintenance process. Identify and make recommendations for changes when necessary. Coordinate and direct material cost changes and maintain the monthly accounting records for proper market cost valuation for commodities and raw material inventory.
-Directs and supervises general ledger, financial reporting, and cost account code entry and maintenance.
-Initiates new account codes or structures to improve accuracy of data and reporting.
-Directs and supervises report programs maintenance (Oracle and Avante) and creation of new reports.
EDUCATION, EXPERIENCE and BEHAVIORAL REQUIREMENTS:
-Bachelor’s degree in Accounting/Finance required. MS or MBA is preferred.
-5-7 years of experience and familiarity with basic and advanced accounting principles
-5 years of Supervisory cost experience required.
-Competent in general math calculations.
-Highly proficient in Excel and other reporting tools.
-An articulate and effective communicator who works well in a team environment.
-A logical, proactive person who addresses their work in a calm, organized manner.
-An independent thinker who is detail oriented and possess good analysis skills that can make reasonable assessments.
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