Senior Cost Accountant

Company Name:
Naperville Global Recruiters
Southern IL electrical manufacturer is looking for an experienced cost account to join their team.

Essential duties: o Monitor all invoicing and costing transactions to ensure compliance with established Company procedures.
o Review material and labor additions to and deletions from inventory.
o Analyze inventory variances relating to raw material inventories, completed stock
and differences book to detail.
o Compare cost of goods sold with sales revenue at period-end to determine consistency with prior period results; investigates differences.
o Review periodic system journal entries involving material, labor and overhead cost for accuracy and prepare corrections when required.
o Maintain accountability for all costing reserves at period-end.
o Prepare all customer cancellation charges and cancellation estimates.
o Monitor all external inventories and cost of goods sold transactions and prepare financial statements in an accurate and timely manner.
o Responsible for the preparation of periodic sales, inventory and labor reports.
o Calculate inventory turnover rate for all inventory locations.
o Participate in the performance of the annual physical inventory and subsequent reconciliation of same.
o Assist in the preparation of year-end audit schedules as required, working in cooperation with the outside auditors.
o Prepare special reports/analysis at the direction of the Corporate Controller.

Job Requirements
o B.S. or B.A. in accounting
o Three to five years cost accounting experience
o Enterprise resource planning (ERP) systems experience

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