Now Hiring: Cost Accountant (100% On-Site - Elgin, IL)We are seeking a full-time
Cost Accountant to join our growing finance team. This is a
100% on-site position based in Elgin, IL.
Why Join Us?We offer a competitive compensation package and exceptional benefits, including:
- Salary: $90,000 - $100,000
- Bonus: 10% targeted annual bonus based on company performance
- Medical Insurance: Three plan options
- Dental & Vision Insurance
- Short- and Long-Term Disability
- Life Insurance
- 401(k): 100% company match up to 5%
- Paid Time Off: 11 paid holidays plus vacation time
Company OverviewWe are a global leader in the design, manufacturing, and distribution of CNC machinery, with a 100-year legacy of excellence. With over $225 million in annual revenue and 700+ employees across the U.S., Switzerland, and China, we operate with a streamlined regional leadership structure focused on performance, quality, and continuous improvement.
Role SummaryThe
Cost Accountant plays a key role in supporting our U.S. manufacturing operations by delivering accurate and insightful cost reporting and analysis, helping drive informed decisions that impact profitability and efficiency.
Key Responsibilities- Analyze and report on manufacturing costs, variances, and margins
- Partner with production and operations to ensure accurate cost tracking
- Review sales quotes to ensure full and accurate cost allocations
- Perform profitability and cost analysis for products and product lines
- Monitor and reconcile inventory transactions, including cycle counts and adjustments
- Support the budgeting, forecasting, and financial planning processes
- Prepare and post journal entries for month-end close
- Assist in compiling monthly financial reporting packages
- Investigate and explain significant expense variances
- Reconcile key accounts and resolve discrepancies
- Continuously improve cost accounting procedures and internal controls
- Support special projects and financial initiatives as assigned
Qualifications- Bachelor's degree in Accounting, Finance, or related field
- CPA or MBA preferred
- Minimum 3 years of cost accounting experience in a manufacturing environment
- Solid understanding of US GAAP
- ERP experience required; Oracle JDE preferred
- Proven career progression in accounting roles
Skills & Competencies- Proficiency in Excel and financial analysis tools
- Strong understanding of standard costing, inventory valuation, and variance analysis
- Attention to detail with strong analytical and problem-solving skills
- Excellent communication and collaboration abilities
- Ability to work independently and meet deadlines in a dynamic environment
- Comfortable working across teams within a global organization
