07 October 2021
Cost Accounting Manager

Cost Accounting Manager
Kankakee, Illinois
Up to $105k per year Excellent Benefits and Growth Opportunities
(Relocation Available)

ttg has been engaged by one of its largest consumer product clients, with a global presence, to identify their next Cost Accounting Manager in Illinois.
This position is a key member of the North America finance team and financial business partner for the business operations. In addition to analyzing & interpreting financial performance, this position will coordinate Finance processes and analysis related to annual plant budgeting, quarterly forecasting, month-end closings, and other ad-hoc reporting.   This position has high visibility with Senior Management
  • Responsible for all manufacturing cost accounting-related activities including month-end close, balance sheet reconciliations, standard cost setting, inventory management, and related overhead absorptions.
  • Drive operational improvements and efficiencies on labor & overhead burden to improve business profitability.
  • Work with inventory control team and internal audit team to monitor, track and improve the inventory count (cycle count) process and inventory accuracy.
  • Work closely with the supply chain team to understand production schedules, contracts, inventory movements and other supply chain matters in order to ensure inventory is fairly stated on the balance sheet.
  • Monitor, measure and refine KPIs, metrics and operational performance.
  • Create processes to perform variance analysis such as Purchase Price Variance, Material Usage Variance, Efficiency Variance and Labor Rate Variance.
  • Develop Activity Base Costing for overhead departments.
  • Review, report and provide commentary/analysis of costs against prior periods, plan, and latest forecast.
  • Participate in the maintenance and review of manufactured items and prepare cost estimates for new products.
  • Partner with different functions of the business to ensure accuracy and control of master data related to Item Master, Bill of Materials, Product Router, and Inventory Transaction Types.
  • Perform financial analysis regarding business performance, with the overall objective of assisting and guiding the regional Vice Presidents, Operations Manager as well as Production Managers for all business lines within the Company.
  • Assist in the completion of annual budgets and forecasts.
  • Supports Operations in preparing monthly business review meetings by helping to prepare explanations of variances to Forecast.
  • Document controls, processes, and procedures related to manufacturing accounting and ensure SOX compliance.
  • Assist with and ensure successful quarterly and year-end audits.
  • Supervise regional finance personnel.
  • Provide leadership and take accountability for identifying and driving process and systems improvement initiatives.
  • Prepare ad hoc reporting and analyses and assist the team with research on cost accounting questions and assist with special projects as requested
Minimum Skills Required:
  • 4-year college degree (Accounting), from an accredited institution, and/or equivalent work experience in a related field.
  • Experience in manufacturing/operations environment
  • At least 3 years experience in a similar role, with supervisory and/or management experience including implementation of financial policies and procedures.
  • Expert knowledge of Microsoft Office programs (i.e. Word, Excel, Outlook, etc.).
  • Experience with SAP financials (or other major ERP systems) and related modules.
  • Strong interpersonal and communication skills (i.e. oral and written).
  • Must be able to work in a fast-paced, detail-oriented, and confidential environment.
Preferred but not essential:
  • CMA certification or in process.
  • SAP financials and related modules.
  • Knowledge in data analysis tools.
  • Experience with Multinational Corporations.
 At ttg, "We believe in making a difference One Person at a Time," ttg OPT.