Position Summary:The
Cost Accounting Manager serves as a key finance business partner to the Factory Controller and leadership team, driving financial performance through accurate costing, insightful analysis, and strategic decision support. This role helps identify opportunities to reduce operating costs, improve efficiency, and ensure compliance with financial standards and Nestlé Accounting Standards (NAS). The Cost Accounting Manager also develops and leads a high-performing team, leveraging data, analysis, and Nestlé tools to deliver sustainable cost savings and support the factory's long-term business objectives.
This is a fully onsite position based at our Schaumburg, IL manufacturing facility.
Responsibilities:- Lead and develop the cost accounting team, assigning resources to cross-functional initiatives that drive cost savings through Nestlé Continuous Excellence (NCE) and Lean methodologies
- Identify and validate cost reduction opportunities, challenge assumptions, and provide financial insights to support operational decision-making and efficiency improvements
- Partner with Engineering to monitor CAPEX spending, support capitalizations, and ensure financial accountability for capital projects
- Oversee month-end close, actuals reporting, and forecasting processes, ensuring accuracy, transparency, and compliance with Nestlé financial, accounting, and costing standards
- Lead the factory budgeting and planning process, including forecasts, scenario analyses, and new product costing
- Coach, develop, and succession-plan team members using TPMS tools to build a high-performing finance organization
- Provide financial transparency and impact assessments to support major operational and strategic decisions
- Deliver savings targets by driving, supporting, and validating factory cost improvement initiatives
- Develop the Finance team as influential business partners and leaders in operational reviews and continuous improvement projects
- Ensure compliance with all Nestlé financial policies, accounting standards, and costing requirements
Requirements:- Bachelor's degree in Accounting, Finance, or a related field
- 5+ years of progressive finance experience, including financial planning, analysis, reporting, and business partnership responsibilities
- 2+ years of experience in a manufacturing environment
- Advanced Microsoft Office skills, including Excel, PowerPoint, Outlook, and Word
- Proficiency in financial planning and accounting systems
- Team leadership experience, including direct and indirect reporting relationships; supervisory experience preferred
Skills:- Strong communication, leadership, and organizational skills
- Ability to effectively communicate and influence stakeholders at all levels of the organization
- Strong planning, prioritization, and project management capabilities
- Demonstrated ability to work independently, make sound decisions, and manage multiple priorities with minimal supervision
- Well-developed verbal, written, and presentation skills
Salary: $125,923.05 to $153,200.00 per year
Bonus Eligibility: Yes
The pay range provided is a good faith estimate for the position at the time of posting. Final compensation may vary based on factors including but not limited to knowledge, skills and abilities as well as geographic location. It is not typical for an individual to be hired at top of range.
Nestlé offers performance-based incentives and a competitive total rewards package, which includes a 401k with company match, healthcare coverage and a broad range of other benefits. Incentives and/or benefit packages may vary depending on the position. Learn more at https://www.nestlejobs.com/nestle-in-the-us-benefits
