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Cost Accountant

Job in Buffalo Grove, Cook County, Illinois, 60089, USA
Listing for: Wabtec Corporation
Full Time position
Listed on 2025-10-31
Job specializations:
  • Accounting
    Cost Accountant, Financial Analyst, Financial Reporting
  • Finance & Banking
    Financial Analyst, Financial Reporting
Salary/Wage Range or Industry Benchmark: 60700 - 83400 USD Yearly USD 60700.00 83400.00 YEAR
Job Description & How to Apply Below
Position: Cost Accountant I

6 days ago Be among the first 25 applicants

It’s not just about your career or job title… It’s about who you are and the impact you will make on the world. Because whether it’s for each other or our customers, we put People First. When our people come together, we Expand the Possible and continuously look for ways to improve what we create and how we do it. If you are constantly striving to grow, you’re in good company.

We are revolutionizing the way the world moves for future generations, and we want someone who is ready to move with us.

Who will you be working with?

You’ll be joining Wabtec, as a qualified Cost Accountant I, on our Finance Team. You will work with our Wabtec Bus Solutions Cost Accountant Manager performing daily cost maintenance in the EPR system, generating various Inventory reports, assisting with month‑end close activities and account reconciliation tasks, and supporting yearly Standards updates and other related activities.

How will you make a difference?

As an entry‑level cost accountant within Wabtec Bus Solutions, you will support the business in costing, have excellent organizational and analytical skills while being detail oriented, knowledgeable on operations and identifying problems working under tight deadlines. This will help the company contain costs, identify areas needed for review. This role is critical for the success of the financial processes with regard to inventory, sourcing and cost structure.

What

do we want to know about you?
  • Bachelor’s Degree (B. S.). Two to four years related cost accounting experience in a manufacturing environment.
  • Computer Skills:
    To perform this job successfully, an individual should have experience with ERP cost accounting (experience with Oracle is preferred) reporting systems. Advanced user of MS Excel, including pivot tables, lookup tables, etc. Experience in using Power BI and One Stream applications is helpful.
What will your typical day look like?
  • Performs required cost maintenance in ERP system daily and reviews pending (current) standard costs monthly against frozen standard cost. Reports on large variations and reviews impact on product margins. Analyzes changes in product design, raw materials, manufacturing methods, or services provided, to determine effects on costs.
  • Reviews bill of materials and routings for accuracy monthly and as needed. Prepares weekly/monthly labor efficiency reports and analyzes routed hours to actuals trends.
  • Generates weekly cycle count reports and monitors compliance with ABC cycle counting program throughout the year. Maintains ABC cycle count codes in ERP system quarterly.
  • Prepares inventory and cost month‑end close journal entries, generates monthly inventory reports, updates One Stream reports. Prepares and maintains monthly inventory accounts reconciliation.
  • Supports Physical Inventory auditing team. Supports yearly Material Standards updates, assists in gathering material cost data and identifies areas for cost‑accuracy improvements.
What about the physical demands of the job?
  • Hybrid once training is completed
  • Use a computer for extended periods
  • Occasionally lift/move up to 10 pounds
  • Stand, walk, and navigate facilities
  • Must be willing to spend time on the shop floor to gain understanding of the manufacturing process and costs

You may also be asked to perform other duties outside of your function or trade, for which adequate training will be provided if necessary.

Relocation assistance may be provided if eligibility requirements are met.

Wabtec will only employ those who are legally authorized to work in the U.S. for this opening. Any offer of employment is conditioned upon the successful completion of a drug screen (as applicable) and fitness for duty test (as applicable).

The salary range for this role is between $60,700.00-$83,400.00

The actual salary offered to a candidate may be influenced by a variety of factors, such as: training, transferable skills, work experience, education, business needs, market demands and work location. The base pay range is subject to change and may be modified in the future. More information on offered benefits, which include health, welfare, and retirement, are…

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