Cost Accountant - Staff Financial Group
Chicago, IL
About the Job
Cost Accountant
Compensation: $76k annually, with the potential for a sign-on bonus of up to $7,500 for well-qualified candidates.
Relocation: Relocation package or lump sum available.
Role Focus:
- Payroll: 20%
- Accounts Payable (AP): 35%
- Inventory & Cost Accounting: 40%
- Other Duties: 5%
Key Qualifications:
- Bachelor's degree in Accounting, Finance, or related field.
- Strong experience in cost accounting, particularly in a manufacturing environment.
- Familiarity with payroll management.
- Proficiency in financial analysis and reporting.
- Experience in inventory management and cost control.
Responsibilities:
- Cost Accounting: Manage all cost accounting functions within the manufacturing facility, including purchasing, production, shipping, and inventory control. Ensure accurate tracking of costs and proper reflection in P&L and balance sheet accounts.
- Expense Forecasting: Assist in preparing detailed monthly and quarterly expense forecasts, focusing on operational costs and capital expenditures to guide management in budgeting decisions.
- Payroll Management: Process weekly payroll, ensuring timecards are accurate and payments are made on time.
- Accounts Payable Oversight: Review and resolve discrepancies with open receipts and invoices, ensuring timely and accurate payments to vendors.
- Month-End Close: Prepare and post journal entries as part of the month-end close process, ensuring accurate and timely financial statements.
- Inventory & Asset Control: Maintain and improve inventory accuracy through cycle counts, physical inventory checks, and proper tracking of fixed assets.
- Capital Expenditure Management: Coordinate the preparation of capital expenditure requests (CERs), working with project managers to assess financial viability, monitor project spending, and ensure timely project completion.
- Cost Reduction & Analysis: Collaborate with various departments to identify cost-saving opportunities, evaluate performance against budgets, and recommend strategies for improving profitability.
- Financial Reporting: Monitor spending trends and report financial results to management on a monthly, quarterly, and annual basis. Utilize cost accounting insights to provide recommendations for controlling expenses.
- Process Improvement: Support the development and implementation of process improvements to enhance cost efficiency, ensure policy compliance, and streamline accounting operations.
Powered by JazzHR
Source : Staff Financial Group