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Cost Accounting Manager

Bell & Associates, Inc.
Peoria, IL Full Time
POSTED ON 6/27/2026
AVAILABLE BEFORE 7/24/2026

About the Company



The Cost Accounting Manager will lead product costing, inventory accounting, manufacturing financial analysis, and cost governance across a complex manufacturing environment. This individual will serve as a key business partner to Operations, Engineering, Supply Chain, and Commercial leadership by providing financial insight that supports operational decision-making, process improvement, and profitability initiatives.



About the Role



The ideal candidate combines strong technical cost accounting expertise with the ability to communicate financial information to non-financial leaders and drive continuous improvement across multiple functional areas.



Responsibilities



  • Lead all standard costing activities, including annual updates, ongoing maintenance, and governance of product costs.
  • Partner with manufacturing leadership to improve cost visibility, operational performance, and margin expansion.
  • Analyze manufacturing variances, inventory trends, labor utilization, material costs, and overhead performance to identify improvement opportunities.
  • Collaborate with Engineering and Product Development teams to evaluate the financial impact of new products, design modifications, and process improvements.
  • Support strategic sourcing initiatives through cost analysis, supplier evaluations, and financial modeling.
  • Develop cost models to support pricing strategies, capital investments, and business planning.
  • Partner with Supply Chain and Operations to identify cost reduction opportunities and measure the financial impact of continuous improvement initiatives.
  • Lead inventory valuation activities and ensure the accuracy of product costing within the ERP system.
  • Improve costing methodologies, reporting processes, internal controls, and financial analytics.
  • Prepare and present financial reporting, KPI dashboards, and profitability analysis to finance and operational leadership.
  • Support monthly, quarterly, and annual close activities related to inventory and manufacturing accounting.
  • Coordinate internal and external audit requests while ensuring compliance with accounting policies and internal control requirements.
  • Drive process improvements through automation, reporting enhancements, and improved use of financial data.



Qualifications



  • Bachelor's degree in Accounting, Finance, or related discipline.
  • CPA or CMA preferred.
  • 7 years of progressive experience in manufacturing finance, cost accounting, or operations accounting.
  • Strong understanding of:
  • Standard costing
  • Inventory accounting
  • Manufacturing variances
  • Cost analysis
  • ERP systems
  • Experience partnering with manufacturing, engineering, supply chain, and operations leadership.
  • Advanced Excel skills with experience utilizing business intelligence and reporting tools.
  • Strong analytical, communication, and organizational skills.
  • Experience leading cross-functional initiatives and driving process improvements.
  • Knowledge of internal controls and audit requirements.


Salary : $120,000 - $140,000

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