Sr. Cost Accountant

Dynamic Manufacturing Inc; Hillside (IL); On-site; USD 85,000 - 110,000; Full time

Benefits offered by this job

Opportunities for Advancement

Tuition Reimbursement

Weekly pay

Job summary

Dynamic Manufacturing is seeking a Sr. Cost Accountant with 5-7 years of cost accounting experience in a manufacturing environment to lead standard cost development and maintenance across the business.

The role emphasizes analytical rigor, cross-functional collaboration, and adherence to GAAP. The successful candidate will develop labor and overhead standards, analyze inventory movements, and support budgeting and forecasting with detailed cost data.

Qualifications

• Bachelor’s degree in accounting, finance, engineering, analytics or related field.
• 5–7 years of cost accounting experience in manufacturing.
• Experience developing and implementing standard costs.
• Analytical thinker with strong conceptual and critical thinking skills.
• Excellent report-writing and communication skills.

Responsibilities

• Lead the cost accounting function by developing and documenting the cost accounting process with Operations.
• Develop and own product costing methodologies, including labor and overhead rates.
• Analyze inventory movement and valuation and assess financial impacts of changes.
• Identify opportunities to streamline cost accounting processes and improve reporting.
• Support budgeting/forecasting with cost data accuracy and analysis.
• Build estimates of new/costly products and integrate with pricing.
• Oversee month-end close related to production costing and inventory.
• Collaborate with operations to translate manufacturing flow to accounting.
• Identify cost savings and drive efficiency improvements.
• Ensure GAAP compliance in financial statements.

Skills

Cost accounting

Manufacturing

Analytical thinking

GAAP knowledge

Interpersonal skills

Education

Bachelor’s degree in accounting or related field

Tools

Microsoft Excel

ERP system

Job description

Dynamic is offering an excellent opportunity for a self-motivated Sr. Cost Accountant with outstanding analytical, critical thinking, and interpersonal skills and a strong background in manufacturing to join our team. This role offers great cross-functional exposure while focused on driving the accurate implementation and maintenance of standard costs across the business. The Sr. Cost Accountant will have 5-7 years’ experience in cost accounting in a manufacturing environment and good understanding of standard cost development, as well as strong organizational and analytical skills. Ideal candidate will be detailed oriented and familiar with accounting entries in accordance with GAAP.

At Dynamic Manufacturing, we offer:

• Opportunities for Advancement
• Tuition Reimbursement
• Competitive Pay (we pay weekly!)

Core Responsibilities:

• Lead the cost accounting function by developing, refining and documenting the cost accounting process in collaboration with the Operational Accounting team.
• Develop and own product costing methodologies, including labor and overhead rates, and ensure they are applied correctly and consistently.
• Analyze inventory movement and valuation and provide information and recommendations on financial impacts related to changes in inventory
• Identify opportunities to streamline cost accounting processes and improve the efficiency, accuracy, and timeliness of financial reporting.
• Support budgeting and forecasting process by providing and validating accuracy of cost data
• Build estimates of new and proposed product costs and integrate with product pricing estimating process.
• Oversee month-end close related to production costing and inventory including the review of journal entries and focus on balance sheet reconciliations.
• Support operations personnel in their objectives to increase efficiency and reduce costs.
• Ability to interface and collaborate with operations personnel to understand and translate manufacturing flow to accounting process, acting as a liaison between finance and operations to achieve high level cost performance.
• Analyze costs transactions and recommend cost savings.
• Comply with Generally Accepted Accounting Principles (GAAP) for financial statements.
• Other duties as requested.

Minimum Qualifications:

• Bachelor’s degree in accounting, finance, engineering, analytics or related field (essential)
• 5-7 years of cost accounting experience in manufacturing environment with strong understanding of manufacturing process, inventory and cost methodology (essential).
• Experience developing and implementing standard costs (essential).
• Analytical thinker with strong conceptual and critical thinking skills (essential).
• Comfortable collaborating and communicating with operators across all levels of the organization with focus on building and fostering relationships.
• In depth understanding of P&L and standard financial statements.
• Experience in developing labor and overhead standards.
• Meticulous attention to detail with superb organizational skills.
• Ability to create and analyze data to help the business make decisions.
• Ability to work independently and as part of a team.
• Excellent report-writing and communication skills.
• High proficiency in Microsoft Excel.
• Proficiency in ERP with strong ability to navigate subledger activity, reporting and other queries.
• Self-motivated and demonstrates initiative and strong work ethic.

WHY CHOOSE DYNAMIC?

Dynamic Manufacturing is a family owned and operated organization formed in 1955 by John Partipilo. Our organization specializes in the manufacture of automotive, off-road, industrial and racing powertrain products. This includes Torque Converters, Transmissions (Automatic, Manual, Hybrid models) and Transfer Case Assemblies.

Our Organization started with a single retail facility and a dream. Today, we serve the aftermarket and several OE customers. Our operations consist of almost a million square feet of floor space and 1,000+ extremely talented employees encompassing turnkey operations from engineering, total machining operations, through assembly and dynamometer testing.

Dynamic does not discriminate on the basis of race, color, creed, religion, sex, national origin, age, sexual orientation, citizenship, veteran status, disability, or any other characteristic protected by federal or state law. At DMI, equal employment is not only a legal commitment; it is a moral commitment as well.