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Impact Solutions
Huntley, IL | Full Time
$70k-86k (estimate)
7 Months Ago
Cost Accountant
Impact Solutions Huntley, IL
$70k-86k (estimate)
Full Time | Scientific Services 7 Months Ago
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Impact Solutions is Hiring a Cost Accountant Near Huntley, IL

Cost Accountant

  • National equipment manufacturer recently expanded the organization and is hiring for an entry level Cost Accountant
  • Company has been in business for 89 years with sales around $2 billion.
  • They offer fantastic benefits and are big believers in providing work-life balance, a family atmosphere and upper ward mobility
  • Local candidates only
  • Hybrid role

Responsibilities:

  • Prepare analysis reports, present findings, and recommend changes to company’s processes and policies to reduce cost and maximize profit based on financial data
  • Understand what is impacting the production costs, and identify changes required to more accurately measure costs
  • Prepare and provide analysis of cost variances by product, project, machine, etc.
  • Conduct cost-volume-profit (CVP) analysis
  • Work with finance team to review rates of labor, depreciation and overhead to recommend improvements to financial results
  • Assist in setting standard costs of manufactured products
  • Review costs of business processes such as plant administration, labor, shipping, etc.
  • Provide input to monthly financial projections, including potential cost issues that may impact forecasted costs and profitability
  • Assist plant employees with ERP system corrections affecting inventory movement
  • Track project expenses and assist in proper timing of capitalization
  • Maintain accuracy of fixed asset records

Requirements:

  • BS/BA in accounting or related field is required
  • 0-2 years of Cost Accounting or related accounting work experience
  • Sound understanding of accounting principles
  • Attention to detail with superb organizational skills
  • Strong analytical and problem-solving skills with advanced experience in Excel
  • Experience with ERP accounting applications is preferred
  • Possess outstanding presentation and report-writing skills
  • Ability to communicate effectively using excellent written and oral communication skills

Job Summary

JOB TYPE

Full Time

INDUSTRY

Scientific Services

SALARY

$70k-86k (estimate)

POST DATE

10/08/2023

EXPIRATION DATE

06/01/2024

WEBSITE

impact-solutions.co.uk

HEADQUARTERS

GRANGEMOUTH, SCOTLAND

SIZE

25 - 50

FOUNDED

2002

CEO

KEVIN ROSS

REVENUE

<$5M

INDUSTRY

Scientific Services

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The following is the career advancement route for Cost Accountant positions, which can be used as a reference in future career path planning. As a Cost Accountant, it can be promoted into senior positions as a Cost Accountant III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Cost Accountant. You can explore the career advancement for a Cost Accountant below and select your interested title to get hiring information.