Sr. Cost Accountant

American Accounting Association; Algonquin (IL); Hybrid; USD 90,000 - 110,000; Full time

Benefits offered by this job

Medical benefits

401k plan

Parental leave

Paid holidays

PTO

Disability insurance

Employee assistance program

Job summary

Young Innovations, Inc. is seeking a Senior Cost Accountant to determine the cost of raw materials, labor, overhead, and inventory valuation across manufacturing sites. The role covers month-end close, inventory reporting, journal entries, and special projects in a hybrid setting.

You will lead standard cost rolls, BOM cost changes, cycle counts, and integration activities with acquisitions. Strong cost accounting experience and CPA are preferred for this role.

Qualifications

• Bachelor's degree in accounting or equivalent.
• 4+ years of progressive accounting experience with at least 2 years in cost accounting.
• Experience collaborating with operations, engineering and manufacturing teams on cost standards.

Responsibilities

• Execute monthly close activities and prepare journal entries and variance reporting.
• Prepare inventory-related balance sheet reconciliations and related documentation.
• Lead variance analysis (material usage, purchase price, labor, overhead) with FP&A input.
• Coordinate with external auditors and provide requested documentation.
• Support cost accounting acquisitions and ERP deployments.

Skills

CPA

Excel (Advanced)

ERP systems

US GAAP

IFRS knowledge

Education

Bachelor's degree in accounting

Tools

Microsoft Office

Job description

Sr. Cost Accountant

Employer Young Innovations Location Algonquin, Illinois Salary 90,000-110,000 Closing date Sep 5, 2026

Focus Area Cost Accounting Role Type Accountant Role Level Senior Education Level Bachelor's Degree Certifications CPA – Certified Public Accountant Work Mode Hybrid Employment Type Full Time Organization Type Corporate

Job Details

Company Summary

At Young Innovations, we foster a dynamic environment where team members make an impact every day as part of a collaborative, inclusive culture. Together, we serve the dental profession and their patients, united in our mission of achieving a Lifetime of Oral Health™

We embrace diverse perspectives and encourage bold thinking, challenging traditional approaches with a bias for action. Whether you’re looking to expand your skills or grow your career, Young is here to support your goals and continuous learning. At Young, YOU are at the core of what we do.

Position Overview

The Sr. Cost Accountant is responsible for determining the cost of raw materials, labor, overhead and valuing inventory across our manufacturing sites. This role supports acquisition integrations, preparing month‑end inventory reporting and reconciliations, along with journal entries and other ad hoc projects.

You’ll Like This Role If

• You enjoy that clear connection between numbers and operations – you can really see your impact across production and efficiency.
• You like understanding the ‘why’ behind things and cross collaboration.
• You’re results oriented à Willing to roll-up-the-sleeves, work around barriers, and get the job done.

Why You’ll Love Working Here

• Medium sized company – not too big, not too small – just enough to get things done and see your impact.
• Did we say benefits? Full medical, dental, vision, 401k, parental leave, paid holidays, paid time off, short & long term disability insurance, employee assistance program, and more!

Who You’ll Work With

• You will be able to cross collaborate with Finance, Accounting, Plant Managers, Procurement, Supply Chain and more!

What You’ll Do

Financial Reporting & Close Responsibilities

• Execute monthly close responsibilities according to schedule for assigned scope areas, including preparing journal entries and variance reporting
• Prepare inventory-related balance sheet account reconciliations and supporting documentation Review, investigate, and correct errors and inconsistencies in inventory accounting transactions to ensure proper general ledger treatment
• Lead and execute variance capitalization analysis and reporting, including material usage and purchase price variances, direct and indirect labor, and manufacturing overhead variances; partner with FP&A to incorporate into monthly variance reporting
• Work with the Company’s external auditors to provide requested documentation and explain transaction activity
• Support other enterprise-wide accounting activities as needed

Costing, Inventory & Manufacturing Support

• Lead preparation, validation, and execution of standard cost rolls o
• Participate with cross-functional teams to properly make cost changes in existing BOMs, prepare BOM cost estimates, and support creation of new items/BOMs
• Support manufacturing operating activities as needed (cycle counts, physical inventory, etc.)
• Execute acquisition integration activities related to cost accounting, including opening balance sheet inventory, month‑end close support, and standard cost/ERP deployment

Process Improvement & Cross‑Functional Collaboration

• Identify areas within cost accounting to improve processes and lead continuous improvement initiatives (close cycle time, capitalization, perpetual inventory, standard cost rolls, etc.)
• Collaborate cross-functionally with operations, FP&A, and other business partners to ensure accurate costing and reporting Some travel required
• Other duties as assigned

What You’ll Bring

• Bachelor's degree or equivalent in accounting. 4+ years of progressive accounting experience with at least 2 years of related experience in Cost Accounting. Experience working with operations, engineering and manufacturing team members on the development and analysis of cost standards. Ability to track and document results accurately.

Technical Skills

• CPA and/or Public accounting experience is a plus; Proficient in Microsoft Office applications (Excel Advanced User) and experience working with ERP systems; Knowledge of US GAAP, IFRS is a plus

Compensation Range

$90,000-110,000

The pay range reflects the minimum and maximum target for the position at the time of posting. Within the range, the compensation will be determined based on education/training, skill set, experience, and other organizational needs.

Physical Requirements/Working Locations

Office/Remote Environment

This position is based in an office environment and is primarily sedentary in nature. It requires regular use of standard office equipment, including computers, phones, photocopiers, scanners, filing cabinets, and fax machines. Some roles may involve wearing a headset and sustained computer use for 8 or more hours per day. Employees may be required to sit, stand, or walk for extended periods, and occasional bending, lifting, or carrying items up to 50 pounds may be necessary.

Manufacturing/Distribution Environment

This position operates in a manufacturing plant environment. The role routinely involves working around machinery, equipment, and moving mechanical parts. The facility may be subject to varying temperatures, loud noise levels, and airborne particles such as dust or chemical fumes, depending on the area of the plant. This role may require periods of standing, sitting, or walking throughout the workday. Occasional bending, lifting, or carrying items up to 50 pounds may be necessary.

Specific vision abilities required by this job include close vision, depth perception and ability to adjust focus. While performing the duties of this Job, the employee is regularly required to sit; use hands to finger, handle, control, or feel; reach with hands and arms and talk. Hearing abilities required for this environment include being able to clearly hear and respond to audible alarms, production equipment, forklifts, and other machinery to maintain a safe work environment. Individuals must be able to distinguish and understand verbal communication including instructions, safety warnings, and team discussions, sometimes in an environment with moderate to high background noise.

Young Innovations, Inc. is an Equal Opportunity Employer and E-Verify participating employer.