The Planet Group
Overview
Cost Accountant – Hybrid- South Holland, IL (Direct Hire) – The Planet Group Base pay range
$75,000.00/yr - $95,000.00/yr Additional compensation types
Annual Bonus Job details
Responsibilities and qualifications for the role of Cost Accountant in a manufacturing/CPG environment. Responsibilities
Establish Cost Accounting Processes: Design systems for tracking production costs (materials, labor, overhead) and ensure compliance in a Microsoft D365 environment. Update item costs and maintain labor routings in the system. Inventory and Product Costing: Oversee inventory valuation methods. Ensure accurate product costing, including direct and indirect costs. Manage/oversee physical inventory counts and reconcile with financial records. Cost Analysis & Reporting: Analyze costs, prepare variance reports, and provide insights to optimize profitability. Track and report standard versus actual costs to identify discrepancies and inefficiencies. Inventory Management: Implement controls, conduct inventory counts, understand purchasing and identify cost-saving opportunities. Maintain integrity of Inventory. Budgeting & Forecasting: Support FP&A in budget creation, forecasts, cost analysis, movement of inventory, understand purchasing. Customer Quotes: Support the development of cost estimates for customer quotes. Support pricing strategies by analyzing profit margins and cost structures. Compliance and Process Improvement: Ensure compliance with US GAAP. Recommend cost-control measures, improve manufacturing efficiency, and reporting accuracy. Cross-Functional Collaboration: Work with teams across Manufacturing, R&D, Supply chain, Purchasing, Sales, IT, Finance, etc. Process Improvement: Continuously assess and improve processes, identifying opportunities for automation and efficiency. Lead projects related to improving Standard Costing efficiencies. Work closely with cross-functional teams to ensure data requirements are met and maintained. Provide training and support to users and data stewards on master data standards and best practices. Qualifications
Education & Experience: Bachelor’s degree in Finance, Accounting, Economics or related field. 3-7 years of experience in Cost Accounting or Inventory Accounting or a similar role, preferably in the Consumer Product Goods Industry. Strong financial modeling skills using Excel. Ability to distill complex financial information into a narrative that drives decision-making. Collaborative attitude with the ability to establish solid partnerships across all levels of the organization. Experience with ERP systems, Microsoft D365, and familiarity with planning systems. Prior experience working with multiple databases and pulling data from different sources. Proficiency in working with Microsoft D365 is a plus and planning tools such as Planful, Hyperion etc. Strong critical thinking, problem-solving, and communication skills. Working Conditions
Extended periods working on a computer. Occasional travel may be required. Seniority level
Associate Employment type
Full-time Job function
Accounting/Auditing Industries: Food and Beverage Manufacturing Referrals increase your chances of interviewing at The Planet Group by 2x Get notified about new Cost Accountant jobs in
South Holland, IL .
#J-18808-Ljbffr
Cost Accountant – Hybrid- South Holland, IL (Direct Hire) – The Planet Group Base pay range
$75,000.00/yr - $95,000.00/yr Additional compensation types
Annual Bonus Job details
Responsibilities and qualifications for the role of Cost Accountant in a manufacturing/CPG environment. Responsibilities
Establish Cost Accounting Processes: Design systems for tracking production costs (materials, labor, overhead) and ensure compliance in a Microsoft D365 environment. Update item costs and maintain labor routings in the system. Inventory and Product Costing: Oversee inventory valuation methods. Ensure accurate product costing, including direct and indirect costs. Manage/oversee physical inventory counts and reconcile with financial records. Cost Analysis & Reporting: Analyze costs, prepare variance reports, and provide insights to optimize profitability. Track and report standard versus actual costs to identify discrepancies and inefficiencies. Inventory Management: Implement controls, conduct inventory counts, understand purchasing and identify cost-saving opportunities. Maintain integrity of Inventory. Budgeting & Forecasting: Support FP&A in budget creation, forecasts, cost analysis, movement of inventory, understand purchasing. Customer Quotes: Support the development of cost estimates for customer quotes. Support pricing strategies by analyzing profit margins and cost structures. Compliance and Process Improvement: Ensure compliance with US GAAP. Recommend cost-control measures, improve manufacturing efficiency, and reporting accuracy. Cross-Functional Collaboration: Work with teams across Manufacturing, R&D, Supply chain, Purchasing, Sales, IT, Finance, etc. Process Improvement: Continuously assess and improve processes, identifying opportunities for automation and efficiency. Lead projects related to improving Standard Costing efficiencies. Work closely with cross-functional teams to ensure data requirements are met and maintained. Provide training and support to users and data stewards on master data standards and best practices. Qualifications
Education & Experience: Bachelor’s degree in Finance, Accounting, Economics or related field. 3-7 years of experience in Cost Accounting or Inventory Accounting or a similar role, preferably in the Consumer Product Goods Industry. Strong financial modeling skills using Excel. Ability to distill complex financial information into a narrative that drives decision-making. Collaborative attitude with the ability to establish solid partnerships across all levels of the organization. Experience with ERP systems, Microsoft D365, and familiarity with planning systems. Prior experience working with multiple databases and pulling data from different sources. Proficiency in working with Microsoft D365 is a plus and planning tools such as Planful, Hyperion etc. Strong critical thinking, problem-solving, and communication skills. Working Conditions
Extended periods working on a computer. Occasional travel may be required. Seniority level
Associate Employment type
Full-time Job function
Accounting/Auditing Industries: Food and Beverage Manufacturing Referrals increase your chances of interviewing at The Planet Group by 2x Get notified about new Cost Accountant jobs in
South Holland, IL .
#J-18808-Ljbffr