Join our Chicago Protective Apparel Team! A division of Mechanix Wear LLC.
POSITION SUMMARY
- The Cost Accountant will be responsible for analyzing production costs, maintaining standard
- costing systems, and supporting manufacturing and operations teams with accurate financial data.
- The ideal candidate will have strong analytical skills and experience with cost accounting
- principles in a manufacturing or production environment, and will be comfortable working within
- established, traditional processes and systems.
KEY RESPONSIBILITIES
- Essential functions of the job are listed below. Other responsibilities may also be assigned.
- Please note that the essential functions may vary depending on department size, organizational
- structure and/or geographic location. Reasonable accommodation may be made to allow
- differently-abled individuals to perform the essential functions of the job.
- Develop, maintain, and analyze standard costs for materials, labor, and overhead
- Prepare monthly cost variance analysis and report findings to management
- Reconcile inventory accounts and perform periodic physical inventory counts
- Analyze production costs and recommend process improvements to reduce costs
- Prepare and post journal entries related to cost accounting activities
- Support month-end and year-end close processes
- Assist in the preparation of annual budgets and cost forecasts
- Monitor and analyze manufacturing variances (material, labor, overhead)
- Maintain the integrity of the bill of materials (BOM) and routing data in the ERP system
- Collaborate with operations, purchasing, and production teams to ensure accurate cost data
- Support internal and external audits by providing documentation and analysis
- Identify opportunities for cost savings and process efficiencies
- Write clear, detailed Standard Operating Procedures (SOPs) for cost accounting processes and
controls
- Support management with financial, operational, and strategic analyses, including
manufacturing optimization, cost-saving initiatives, purchasing challenges, and other special
projects.
MINIMUM QUALIFICATIONS
- The following are the minimum qualifications that an individual needs in order to successfully
- perform the duties and responsibilities of this position. Please note that the minimum
- qualifications may vary based upon the department size and/or geographic location.
EDUCATION
A bachelor’s degree in accounting, Finance, or related field.
EXPERIENCE
- 5+ years of cost accounting experience, preferably in a manufacturing environment
- Apparel manufacturing experience a plus, not required
- Comfortable working with traditional, hands-on accounting methods and legacy systems/processes
(not solely reliant on the latest automation or software)
- Strong understanding of GAAP and cost accounting principles
- Proficiency in ERP systems and advanced Excel skills
- Excellent analytical and problem-solving abilities
- Strong attention to detail and organizational skills
- Demonstrated ability to write detailed, clear SOPs and process documentation
- Effective communication skills, with the ability to explain financial data to non-financial stakeholders.
Job description provided by Mechanix Wear.
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