Cost Accountant

Spirax-Sarco Engineering

$85K — $100K *
Cary, IL 60013In-Person
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 2+ years of cost accounting or related experience.
  • Associate or Bachelor’s Degree in Accounting or Finance with focus on cost accounting.
  • Excellent knowledge of risk analysis, budgeting, and forecasting.
  • Strong account reconciliation and analysis skills.
  • High integrity and ability to manage sensitive information confidentially.
  • Detail-oriented with a focus on data accuracy and integrity.
  • Proficient in accounting software, ideally MS Dynamics ERP.

Responsibilities

  • Collect and analyze operational cost data.
  • Develop overhead rates and absorption methods.
  • Estimate costs for product lines and analyze item costs for accuracy.
  • Analyze manufacturing variances and compliance with financial standards.
  • Conduct physical inventories and monitor inventory systems.
  • Identify and recommend cost-effective solutions for operations.
  • Assist with month-end reporting and audit preparations.

Benefits

  • Engagement in continuous improvement and team problem-solving initiatives.
  • Opportunity to work in a supportive team environment with cross-functional collaboration.
  • Involvement in auditing and tax return preparation for comprehensive learning experiences.
Full Job Description
Cost Accountant

As the Cost Accountant, you will join the Finance Team and work under the direction of the Controller. We are looking for an enthusiastic, responsible, and detail-oriented Cost Accountant to work under the direction of the Controller. You must be able to work with the highest levels of integrity.

The Cost Accountant will help Durex collect and analyze data, estimate costs of new and existing product lines and prepare regular reports. To be successful, the Cost Accountant should have exceptional attention to detail, the ability to perform routine tasks consistently, and a strong desire for continuous

Your Responsibilities:
  • Collect and analyze data about a company's operational costs.
  • Develop overhead rates and absorption.
  • Analyze and estimate costs of new and existing product lines.
  • Analyze item cost and ensure accuracy.
  • Analyze manufacturing variances.
  • Ensuring compliance with accounting and financial reporting standards and regulations.
  • Identify and recommend cost-effective solutions
  • Conduct physical inventories and monitor the inventory system
  • Reduce obsolete material and inventory excess
  • Assist in audits and general ledger preparation.
  • Forecast and plan future purchasing costs according to fiscal needs.
  • Creates and maintains account reconciliations to ensure the accuracy of financial statements by required deadlines.
  • Review account reconciliations prepared by others.
  • Assist with preparing the month-end intercompany balancing report for corporate reporting and communicating with international units on variances.
  • Assist with completing monthly and quarterly indirect (sales and use) tax filings and research with the Tax Team.
  • Assists with the creation and maintenance of policies and procedures.
  • Assists in the consolidation of global results utilizing the TM1 reporting system.
  • Assists in the yearly audit and tax return preparation.
  • Performs various projects and analyses as required.
  • Demonstrates, through actions, a commitment to the philosophy of continuous improvement and multi-disciplined problem-solving teams in all aspects of performance.
  • Works individually and as a team to develop and maintain cooperative and productive relationships with employees at all levels; conducts team assessments and develops training to ensure capabilities are in place.
  • Maintains a clean and orderly work area free of excess materials.
  • Support of and involvement in company, department, and/or safety policies, procedures, programs and activities.

Our Requirements:
  • At least 2+ years of professional experience as a Cost Accountant or experience in a similar role.
  • An Associate or Bachelor's Degree in Accounting or Finance with a specific focus on cost accounting is required.
  • Excellent knowledge of risk analysis, budgeting and forecasting
  • Robust account reconciliation and analysis skills are required.
  • High level of integrity and ability to handle sensitive information and maintain confidentiality.
  • Detail-oriented with a commitment to data integrity and accuracy.
  • Be results focused, self-motivated, flexible, and adaptable to complete assigned tasks.
  • Strong computer skills and knowledge of accounting software programs.
  • Proven work experience communicating clearly and effectively in a professional business environment verbally, electronically, and written with cross-functional teams.
  • Knowledge and experience in MRP/ERP systems; use of MS Dynamics ERP is preferred.

Pay Range: $85,000.00 - $100,000.00 per year

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