Senior Cost Accountant

Financeroles; Downers Grove (IL); On-site; USD 75,000 - 80,000; Full time

Benefits offered by this job

Medical, dental, and vision

Life insurance and AD&D

401(k) with company match

Paid vacation and holidays

Tuition reimbursement

Voluntary benefits

Team-building events

Career advancement

Global industry leader stability

Job summary

Silgan Closures in Downers Grove, IL is seeking a Senior Cost Accountant to support manufacturing cost accounting, standard costing, inventory accounting and month-end close. You will partner with plant teams to ensure accurate product costs and financial results across multiple locations.

The role involves cost analysis, overhead rate calculation, and variance explanations, with opportunities for growth and advancement in a global packaging leader.

Qualifications

• Bachelor's degree in accounting, finance or related field.
• 3-5 years of cost accounting experience in manufacturing.
• Knowledge of cost accounting principles, inventory accounting and financial reporting.
• Experience with general ledger reconciliations and journal entries.
• Strong Excel skills with data analysis and financial modeling.

Responsibilities

• Support manufacturing plants with costing and setup of new products.
• Prepare schedules and analyses for inventory valuation methods (LIFO/FIFO).
• Analyze and update standard cost and overhead rates.
• Calculate and monitor manufacturing overhead rates.
• Research, analyze and explain variances; assist plant personnel with inventory issues.
• Provide inventory accounting and month-end close support for plant controllers.
• Manage excess and obsolete inventory processes (SLOB and HFI accrual).

Skills

Cost accounting

Analytical thinking

Organizational skills

Problem solving

Multitasking

Education

Bachelor's degree in accounting/finance

Tools

JD Edwards

Planful

Microsoft Excel

Job description

Senior Cost Accountant – Manufacturing | Silgan Closures | Downers Grove, IL

Stability. Innovation. Industry Leader. – We Are Silgan.

Silgan Closures is seeking a Senior Cost Accountant to support manufacturing and financial operations in Downers Grove, IL. This role focuses on manufacturing cost accounting, standard costing, inventory accounting, cost variance analysis, financial reporting, general ledger accounting, and month-end close. You’ll partner with plant teams and controllers across multiple manufacturing locations to ensure accurate product costs, inventory valuation, and financial results.

What we offer you:

• Comprehensive medical, dental, and vision insurance
• Company-paid life insurance, AD&D, and disability coverage
• Salary range: $75,000 - $80,000 based on experience
• 401(k) with company match
• Paid vacation and holidays
• Tuition reimbursement
• Voluntary benefits, including pet insurance, legal plans, identity protection
• Employee engagement events and team-building activities
• Opportunities for professional growth and career advancement
• Stable employment with global industry leader

What you'll do:

Cost Accounting

• Support manufacturing plants with costing and setup of new products and items
• Prepare supporting schedules and analyses for inventory valuation methods, including LIFO and FIFO calculations
• Analyze and provide recommendations for standard cost updates and changes
• Calculate and monitor manufacturing overhead rates.
• Research, analyze, and explain manufacturing and inventory variances. Assist plant personnel with inventory transaction issues
• Provide inventory accounting and month-end close support for plant controllers during absences or periods of increased workload
• Manage excess and obsolete inventory processes, including Slow Moving and Obsolete Inventory (SLOB) and HFI accrual calculations

General Accounting

• Prepare and post journal entries
• Reconcile balance sheet account activity
• Review general ledger activity to ensure transactions are properly recorded and classified
• Load operational and financial unit data into Planful
• Coordinate and distribute monthly close and forecast calendars
• Assist with month-end, quarter-end, and year-end financial close processes and audits

You'll need to have:

• Bachelor's degree in accounting, finance or related field
• 3-5 years of cost accounting experience, preferably within a manufacturing environment
• Knowledge of cost accounting principles, inventory accounting and financial reporting
• Experience with general ledger reconciliations and journal entries
• Strong Microsoft Excel skills, including data analysis and financial modeling
• Strong analytical, organizational and problem-solving skills
• Ability to manage multiple priorities and meet deadlines
• Preferred:
  • Experience with ERP systems, preferably JD Edwards;
  • Familiarity with Planful or similar financial planning and reporting software
  • Experience with LIFO/FIFO inventory methodologies
  • Understanding of manufacturing operations and standard costing systems

Why Join Silgan Closures?

• Fortune 500 packaging leader with 109 manufacturing facilities worldwide
• Global provider of sustainable metal and plastic packaging solutions
• Strong commitment to safety, innovation, sustainability, and employee development
• Collaborative culture where employees can make an immediate impact
• Long-standing reputation for stability, growth, and operational excellence

Silgan is an Equal Opportunity Employer. We consider applicants for all positions without regard to race, color, religion, sex, national origin, age, marital status, or the presence of a disability, which would not prevent the performance of essential job duties with, or without reasonable accommodation of any other protective status.

Silgan is a drug-free workplace.

EEO/M/W/Vet/Disability