Senior Cost Accountant

The Bolton Group; Chicago (IL); Hybrid; USD 90,000 - 105,000; Full time

Benefits offered by this job

Competitive salary

Performance-based bonus

Comprehensive benefits package

Career development opportunities

Job summary

A global manufacturing firm is seeking a highly technical Sr. Cost Accountant to manage BOMs and optimize product profitability. This role includes analyzing standard costs and supporting financial reporting while collaborating with teams. Ideal candidates will have a degree in Accounting or Finance, with 3–5 years of relevant experience. A hybrid work schedule is offered along with competitive salary and benefits.

Qualifications

• 3–5+ years of technical cost accounting experience, preferably in manufacturing or distribution.
• Strong experience managing BOMs and standard costs.
• CPA preferred.

Responsibilities

• Maintain and manage Bill of Materials (BOMs) for product lines.
• Prepare and analyze standard costs for materials, labor, and overhead.
• Support monthly, quarterly, and annual close.

Skills

Technical cost accounting

BOM Management

Analytical skills

Problem-solving

Communication skills

Education

Bachelor’s degree in Accounting or Finance

Tools

ERP systems (SAP, Oracle, NetSuite)

Advanced Excel

Job description

This range is provided by The Bolton Group. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$90,000.00/yr - $105,000.00/yr

Join a global, multibillion-dollar company recognized for innovation and operational excellence. Their Chicago finance team plays a critical role in driving cost transparency, efficiency, and profitability across worldwide operations.

Position Overview:

We are seeking a highly technical Sr. Cost Accountant with deep expertise in BOM (Bill of Materials), standard costing, and manufacturing cost analysis. This role partners closely with operations, production, and finance teams to ensure accurate cost structures, optimize product profitability, and support global reporting initiatives.

Key Responsibilities:

• Maintain and manage Bill of Materials (BOMs) for multiple product lines, ensuring accuracy in standard costs and inventory valuation.
• Prepare and analyze standard costs for materials, labor, and overhead.
• Investigate and report variances between actual and standard costs, providing actionable insights to operations and leadership.
• Support monthly, quarterly, and annual close, including inventory and cost of goods sold reporting.
• Collaborate with operations, procurement, and engineering to identify cost-saving opportunities and improve manufacturing efficiency.
• Participate in budgeting, forecasting, and cost modeling initiatives.
• Ensure compliance with GAAP and internal control requirements for cost accounting processes.
• Generate and present technical cost reports, KPIs, and dashboards for finance leadership and business stakeholders.
• Partner with global teams on ERP, BOM, and process improvement projects.

Qualifications:

• Bachelor’s degree in Accounting, Finance, or related field; CPA preferred.
• 3–5+ years of technical cost accounting experience, preferably in manufacturing or distribution.
• Strong experience managing BOMs, standard costs, and manufacturing cost structures.
• Proficiency in ERP systems (SAP, Oracle, NetSuite) and advanced Excel skills.
• Exceptional analytical, problem-solving, and technical skills.
• Strong ability to collaborate with cross-functional and global teams.
• Excellent communication skills to explain complex cost structures to non-finance stakeholders.

Why You’ll Love This Role:

• Work at a global, multibillion-dollar publicly traded company with high visibility projects.
• Hybrid schedule: 3 days onsite in Chicago for collaboration and networking.
• Influence business decisions through technical cost analysis and BOM management.
• Competitive salary, performance-based bonus, and comprehensive benefits package.
• Be part of a company recognized for innovation, operational excellence, and career development opportunities.

Seniority level

• Associate

Employment type

• Full-time

Job function

• Accounting/Auditing

Industries

• Manufacturing