Senior Manufacturing Cost Accountant: Optimize Costs & Inventory

Silgan Containers; Downers Grove (IL); Hybrid; USD 75,000 - 80,000; Full time

Benefits offered by this job

Medical, dental, vision insurance

Company-paid life insurance

401(k) with company match

Paid vacation and holidays

Tuition reimbursement

Pet insurance

Job summary

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

The role requires a Bachelor's degree in accounting or related field and 3–5 years of cost accounting experience in manufacturing.

Qualifications

• 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.
• 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.

Responsibilities

• 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.

Skills

Cost accounting

Inventory accounting

Financial reporting

General ledger reconciliations

Excel data analysis

Analytical skills

Time management

Education

Bachelor's degree in accounting, finance or related field

Tools

Planful

JD Edwards

Job description

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

The role requires a Bachelor's degree in accounting or related field and 3–5 years of cost accounting experience in manufacturing.