Cost Accountant

Durex Manufacturing; Cary (IL); On-site; USD 85,000 - 155,000; Full time

Job summary

Durex Industries is seeking a Cost Accountant to join the Finance Team under the Controller. The role emphasizes data analysis, cost estimates, and maintaining cost integrity across product lines.

You will develop overhead rates, analyze variances, and contribute to month-end closing, intercompany reports, and compliance with GAAP. Strong detail orientation and continuous improvement mindset are required.

Qualifications

• 2+ years of cost accounting experience.
• Strong knowledge of budgeting and forecasting.
• Integrity and confidentiality in handling sensitive information.

Responsibilities

• Collect and analyze data on operational costs.
• Develop overhead rates and absorption.
• Estimate costs of new and existing product lines.
• Prepare month-end reports and reconciliations.
• Assist audits and tax filings.

Skills

Cost accounting

Data analysis

Budgeting

Forecasting

Account reconciliations

ERP systems knowledge

GAAP

Intercompany reporting

Education

Bachelor's Degree in Accounting or Finance

Associate Degree in Accounting or Finance

Tools

MS Dynamics ERP

TM1 reporting

Job description

The Role:As the Cost Accountant, you will join the Finance Team and work under the direction of the Controller. We are looking for an enthusiastic, responsible, and detail-oriented Cost Accountant to work under the direction of the Controller. You must be able to work with the highest levels of integrity.The Cost Accountant will help Durex collect and analyze data, estimate costs of new and existing product lines and prepare regular reports. To be successful, the Cost Accountant should have exceptional attention to detail, the ability to perform routine tasks consistently, and a strong desire for continuous learning.Your Responsibilities:Collect and analyze data about a company’s operational costs.Develop overhead rates and absorption.Analyze and estimate costs of new and existing product lines.Analyze item cost and ensure accuracy.Analyze manufacturing variances.Ensuring compliance with accounting and financial reporting standards and regulations.Identify and recommend cost-effective solutionsConduct physical inventories and monitor the inventory systemReduce obsolete material and inventory excessAssist in audits and general ledger preparation.Forecast and plan future purchasing costs according to fiscal needs.Creates and maintains account reconciliations to ensure the accuracy of financial statements by required deadlines.Review account reconciliations prepared by others.Assist with preparing the month-end intercompany balancing report for corporate reporting and communicating with international units on variances.Assist with completing monthly and quarterly indirect (sales and use) tax filings and research with the Tax Team.Assists with the creation and maintenance of policies and procedures.Assists in the consolidation of global results utilizing the TM1 reporting system.Assists in the yearly audit and tax return preparation.Performs various projects and analyses as required.Demonstrates, through actions, a commitment to the philosophy of continuous improvement and multi-disciplined problem-solving teams in all aspects of performance.Works individually and as a team to develop and maintain cooperative and productive relationships with employees at all levels; conducts team assessments and develops training to ensure capabilities are in place.Maintains a clean and orderly work area free of excess materials.Support of and involvement in company, department, and/or safety policies, procedures, programs and activities.Our Requirements:At least 2+ years of professional experience as a Cost Accountant or experience in a similar role.An Associate or Bachelor's Degree in Accounting or Finance with a specific focus on cost accounting is required.Excellent knowledge of risk analysis, budgeting and forecastingRobust account reconciliation and analysis skills are required.High level of integrity and ability to handle sensitive information and maintain confidentiality.Detail-oriented with a commitment to data integrity and accuracy.Be results focused, self-motivated, flexible, and adaptable to complete assigned tasks.Strong computer skills and knowledge of accounting software programs.Proven work experience communicating clearly and effectively in a professional business environment verbally, electronically, and written with cross-functional teams.Knowledge and experience in MRP/ERP systems; use of MS Dynamics ERP is preferred.Pay Range: $85,000.00 - $155,000.00 per yearAt Durex Industries, we are not just an employer but a champion of equal opportunities and inclusivity. We are dedicated to fostering a workplace that adheres to the highest hiring standards and is free from discrimination and harassment.Durex Industries is an equal opportunity employer; our commitment extends to all aspects of employment, ensuring that no individual is mistreated or discriminated against based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as defined by federal, state, or local laws.You should be proficient in:Generally Accepted Accounting Principles (GAAP)Cost AccountingBookkeeping