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Sr. Cost Accountant

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Young Innovations
Full Time position
Listed on 2026-07-10
Job specializations:
  • Accounting
    Financial Reporting, Cost Accountant, Financial Analyst, Accounting Manager
Salary/Wage Range or Industry Benchmark: 90000 - 110000 USD Yearly USD 90000.00 110000.00 YEAR
Job Description & How to Apply Below

At Young Innovations, we foster a dynamic environment where team members make an impact every day as part of a collaborative, inclusive culture. Together, we serve the dental profession and their patients, united in our mission of achieving a Lifetime of Oral Health™

We embrace diverse perspectives and encourage bold thinking, challenging traditional approaches with a bias for action. Whether you’re looking to expand your skills or grow your career, Young is here to support your goals and continuous learning. At Young, YOU are at the core of what we do.

Position Overview

The Sr. Cost Accountant is responsible for determining the cost of raw materials, labor, overhead and valuing inventory across our manufacturing sites. This role supports acquisition integrations, preparing month end inventory reporting and reconciliations, along with journal entries and other ad hoc projects.

You’ll like this role if
  • You enjoy that clear connection between numbers and operations; you can really see your impact across production and efficiency.
  • You like understanding the ‘why’ behind things and cross collaboration.
  • You’re results oriented;
    Willing to roll-up-the-sleeves, work around barriers, and get the job done.
Why You’ll Love Working Here
  • Medium sized company; not too big, not too small; just enough to get things done and see your impact.
  • Did we say benefits? Full medical, dental, vision, 401k, parental leave, paid holidays, paid time off, short & long term disability insurance, employee assistance program, and more!
Who you’ll work with
  • You will be able to cross collaborate with Finance, Accounting, Plant Managers, Procurement, Supply Chain and more!
What You’ll Do
  • Financial Reporting & Close Responsibilities
  • Execute monthly close responsibilities according to schedule for assigned scope areas, including preparing journal entries and variance reporting
  • Prepare inventory related balance sheet account reconciliations and supporting documentation
  • Review, investigate, and correct errors and inconsistencies in inventory accounting transactions to ensure proper general ledger treatment
  • Lead and execute variance capitalization analysis and reporting, including material usage and purchase price variances, direct and indirect labor, and manufacturing overhead variances; partner with FP&A to incorporate into monthly variance reporting
  • Work with the Company’s external auditors to provide requested documentation and explain transaction activity
  • Support other enterprise-wide accounting activities as needed
  • Costing, Inventory & Manufacturing Support
  • Lead preparation, validation, and execution of standard cost rolls
  • Participate with cross functional teams to properly make cost changes in existing BOMs, prepare BOM cost estimates, and support creation of new items/BOMs
  • Support manufacturing operating activities as needed (cycle counts, physical inventory, etc.)
  • Execute acquisition integration activities related to cost accounting, including opening balance sheet inventory, month end close support, and standard cost/ERP deployment
  • Process Improvement & Cross Functional Collaboration
  • Identify areas within cost accounting to improve processes and lead continuous improvement initiatives (close cycle time, capitalization, perpetual inventory, standard cost rolls, etc.)
  • Collaborate cross functionally with operations, FP&A, and other business partners to ensure accurate costing and reporting
  • Some travel required
  • Other duties as assigned
Qualifications

What You’ll Bring
  • Bachelor’s degree or equivalent in accounting.
  • 4+ years of progressive accounting experience with at least 2 years of related experience in Cost Accounting.
  • Experience working with operations, engineering and manufacturing team members on the development and analysis of cost standards.
  • Ability to track and document results accurately.
Technical Skills
  • CPA and/or Public accounting experience is a plus;
  • Proficient in Microsoft Office applications (Excel Advanced User) and experience working with ERP systems;
  • Knowledge of US GAAP, IFRS is a plus
Compensation Range

$90,000 to 110,000

The pay range reflects the minimum and maximum target for the position at the time of posting. Within the range, the…

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