- Prepare and present financial results to the VP, Corporate Controller and other senior leadership across various departments
- Capture data from production reporting and accounting records to track and record cost of inventory and cost of goods sold. Analyze margins
- Perform costing, inventory and fixed assets analysis as part of the monthly close process
- Conduct detailed cost valuation of products for inventory purposes
- Review bill of materials (BOM) and estimate costs of new products, providing insights to support decision-making
- Analyze marketing promotions and deals to ensure accuracy of gross margin calculations
- Calculate transfer prices and distribute to other divisions, ensuring alignment with company objectives
- Develop cost bridges highlighting variance drivers and root causes, providing actionable insights to management
- Collaborate with the finance team to support the upcoming systems conversion to Microsoft Dynamics (D365), providing valuable input and expertise
- Generate ad-hoc financial reports and analyses to support business needs and strategic initiatives
- Continuously seek process improvements and efficiencies within the cost accounting function
- Bachelor's degree in Accounting, Finance or related field
- 2+ years of accounting experience within a manufacturing or product-based company required
- Knowledge of inventory cost accounting principles including experience with standard costing and variance reporting
- Excellent communication, organization, analytical and problem-solving skills
- Passion for the industry with a desire to learn
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Cost Accountant - Schaumburg, United States - The LaSalle Group
Description
Interested in joining a leading health and wellness company with a global presence, renowned for its high-quality products available in major big box retailers like Costco and Walmart? As our client continues to expand their operations, they are seeking a skilled Cost Accountant to join their team in Schaumburg, IL. This role offers a hybrid work arrangement, with three days per week in-office.
As a Cost Accountant, you will play a crucial role in the finance team, supporting both traditional monthly close activities and complex analytical and reporting functions. You will collaborate closely with cross-functional teams including purchasing, operations, marketing and project engineers to ensure accurate cost analysis and financial reporting. This position offers an exciting opportunity to contribute to key strategic decisions and support the company's growth trajectory.
Cost Accountant Responsibilities:
Thank you,
Anastasia Athas
Associate Principal, Accounting & Finance
LaSalle Network
LaSalle Network is an Equal Opportunity Employer m/f/d/v.
LaSalle Network is the leading provider of direct hire and temporary staffing services. For over two decades, LaSalle has helped organizations hire faster and connect top talent with opportunities, from entry-level positions to the C-suite. With units specializing in Accounting and Finance, Administrative, Marketing, Technology, Supply chain, Healthcare Revenue Cycle, Call Center, Human Resources and Executive Search. LaSalle offers staffing and recruiting solutions to companies of all sizes and across all industries. LaSalle Network is the premier staffing and recruiting firm, earning over 100 culture, revenue and industry-based awards from major publications and having its company experts regularly contribute insights on retention strategies, hiring trends and hiring challenges, and more to national news outlets.