Cost Accountant

Amsted Automotive • Full-time • Geneva, Illinois, United States • 1m ago

Manage, reconcile, and audit inventory, while supporting month-end closing and providing actionable data on material, labor, and overhead. Assist in preparation of reports. Regularly perform special assignments of accounting nature. Good mathematical analysis and reasoning skills required.

What You’ll Do

Cost Analysis & Variance Reporting: Monitor and report on manufacturing variances (material usage, labor efficiency, overhead absorption, scrap) and compare actual costs against standard costs, advising on improvements.
Inventory Control: Oversee inventory valuation, material flow, and reconciliation for raw materials, WIP, and finished goods.
Month-End Close: Prepare journal entries, reconcile inventory accounts, and maintain accurate cost of goods sold (COGS) reporting.
Operational Support: Partner with engineering and manufacturing personnel to update Bills of Materials (BOMs), routing, and set standard costs.
Audit & Compliance: Support cycle counts and physical inventory audits, ensuring compliance with GAAP.
Process Improvement: Identify cost-saving opportunities and improve, maintain, or develop cost accounting systems and procedures.
Assists with physical inventories by assisting with the planning, preparation and managing personnel responsible for data processing and performing final reconciliation investigations and reporting.
Assists with special projects related to annual financial plan, fixed assets, tax reporting, cost analysis, etc. as assigned by Sr. BU Controller.
Serve as backup support for General Accounting staff, where appropriate.
Assists with month end, quarter end, and year end closing.
Other activities as directed by the Sr. BU Controller.
Assist with month end / quarter end financial reporting to parent company.

What You'll Need to Succeed

Bachelor’s degree in finance / accounting
Minimum 3 years in finance/accounting
Strong Proficiency in ERP systems (preferably SAP) and advanced MS Excel skills.
Analytical Skills: Ability to analyze large, complex data sets to identify trends and validate data accuracy.
Communication: Ability to interact with production floor personnel and present findings to management
Work is performed in an office environment and requires the ability to operate standard office equipment.
Sedentary work that primarily involves sitting/ standing.
Repetitive motion that includes substantial movements (motions) of the wrists, hands, and / or fingers.
CPA is strongly preferred.
Strong analytical, organizational, and problem-solving skills and must be able to communicate financial information and models in a concise and easy comprehensible manner.
Excellent written and verbal communication skills.

What's In It for You

Employee Stock Ownership Plan
Incentive Bonus
Medical, Dental, Vision
Prescription Drug Plan
401K
Paid Vacation & Holidays
Short-Term Disability
Tuition Reimbursement
Health and Wellness Reimbursement
Employee Recognition
Discount Programs
Paid parental leave

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