Senior Cost Accountant

Helios Technologies, Inc.; Buffalo Grove (IL); On-site; USD 85,000 - 110,000; Full time

Job summary

A leading company in industrial machinery manufacturing is seeking a Senior Cost Accountant to analyze costs and support financial decisions. The role involves developing cost accounting systems, monitoring inventory, and collaborating with teams to enhance operational efficiency.

Qualifications

• 7+ years of cost accounting experience in a manufacturing environment.
• Strong knowledge of cost accounting principles and practices.

Responsibilities

• Develop and maintain cost accounting system and documentation.
• Analyze manufacturing costs and prepare reports comparing costs.
• Support budgeting and forecasting activities with cost data.

Skills

Attention to Detail

Analytical Skills

Communication

Education

Bachelor’s degree in Accounting

CPA or CMA preferred

Tools

ERP Systems

Advanced Excel

Job description

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Job Summary

The Cost Accountant is responsible for planning, studying, and collecting data to determine costs of business activities such as raw material purchases, labor, and overhead. This position will analyze actual manufacturing costs and prepare periodic reports comparing standard costs to actual production costs, supporting the management team in making strategic financial decisions.

Job Summary

The Cost Accountant is responsible for planning, studying, and collecting data to determine costs of business activities such as raw material purchases, labor, and overhead. This position will analyze actual manufacturing costs and prepare periodic reports comparing standard costs to actual production costs, supporting the management team in making strategic financial decisions.

Duties/Responsibilities

• Develop and maintain cost accounting system, documentation, and records.
• Analyze manufacturing costs and prepare regular reports comparing standard costs to actual production costs.
• Monitor inventory transactions and reconcile inventory accounts.
• Assist in month-end close of the General Ledger and cost accounting entries.
• Support budgeting and forecasting activities by providing cost data and analysis.
• Conduct physical inventories and monitor the cycle count program.
• Analyze changes in product design, raw materials, manufacturing methods, or services provided to determine effects on cost.
• Provide cost estimates for new products and product modifications.
• Ensure compliance with internal controls, accounting policies, and procedures.
• Collaborate with operations and engineering to improve cost accuracy and operational efficiency.
  
  

Required Skills/Abilities

• Excellent attention to detail and strong analytical/problem-solving skills.
• Ability to communicate financial information clearly to non-financial stakeholders.
• Knowledge of GAAP and SOX compliance.
  
  

Education And Experience

• Bachelor’s degree in Accounting, Finance, or related field (CPA or CMA preferred).
• 7+ years of cost accounting experience in a manufacturing environment.
• Strong knowledge of cost accounting principles and practices.
• Experience with ERP systems (Syteline or Made2Manage experience a plus).
• Experience with standard costing systems.
• Advanced Excel skills; proficiency in data analysis and financial modeling.
  
  

Physical Requirements

While performing the duties of this job, the employee is regularly required to stand, walk, use hands and fingers, feel/reach with hands/arms, talk, and hear.

The employee frequently is required to sit and walk. The employee is occasionally required to bend and stop, push and pull, reach above shoulder level, kneel, squat, or crouch. The employee must occasionally lift and/or move up to 30 pounds. Specific vision abilities required by this job to include close vision, distance vision, peripheral vision, depth perception, and the ability to adjust focus.

While performing the duties of this job, the employee is exposed to moving mechanical parts and fumes or airborne particles. The noise level in the work environment is usually moderate.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Other

Job function

• Job function

  Accounting/Auditing and Finance

• Industries

  Industrial Machinery Manufacturing

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