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Cost Accounting & Profitability Manager

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Noga Foods, Inc.
Full Time position
Listed on 2026-10-16
Job specializations:
  • Accounting
    Cost Accountant, Financial Analyst, Financial Reporting
Salary/Wage Range or Industry Benchmark: 90000 - 130000 USD Yearly USD 90000.00 130000.00 YEAR
Job Description & How to Apply Below

Noga Foods is a family-owned company with a rich heritage dating back to Germany in the 1930s. For generations, our family has been dedicated to crafting high-quality cheese and dairy products while building lasting relationships with our customers, employees, and partners. Today, we are entering an exciting new chapter. As our business continues to grow, we are evolving from a close-knit, family-run operation into a more structured, scalable organization—without losing the entrepreneurial spirit, family values, and commitment to quality that have defined us for decades.

This transformation creates an exciting opportunity for someone who enjoys building systems, solving problems, and helping a growing organization reach its full potential.

About the Role

Noga Foods is seeking a highly analytical and detail-oriented Cost Accounting & Profitability Manager to lead and enhance our cost accounting function within a dynamic food manufacturing environment. This individual will play a critical role in developing and maintaining accurate costing models, analyzing manufacturing costs, and improving financial visibility across multiple business segments.

The ideal candidate will have strong manufacturing cost accounting experience, a deep understanding of complex cost structures, and the ability to translate financial data into actionable insights. This role will partner closely with finance, operations, production, and executive leadership to identify cost-saving opportunities, improve margins, and support informed business decisions.

Key Responsibilities
  • Cost Accounting & Modeling: Develop, implement, and maintain comprehensive costing models for a high-mix manufacturing environment with complex commodity pricing structures.
  • shrinkage, and production variances by product, customer, and production run.
  • Profitability Analysis: Evaluate profitability across individual business segments, customers, products, and production lines to provide greater visibility into financial performance beyond consolidated financial statements.
  • KPI Monitoring & Variance Analysis: Monitor key financial and operational performance indicators, investigate variances, identify root causes, and communicate findings and recommendations to leadership.
  • Cost & Margin Optimization: Compare quoted product costs with actual production costs to identify discrepancies, understand margin erosion, and recommend corrective actions.
  • Inventory Accounting & Reconciliation: Oversee inventory reconciliation and ensure accurate valuation and reporting of raw materials, work-in-progress, and finished goods.
  • Financial Reporting & Dashboards: Develop and enhance financial reports, dashboards, and analytical tools to improve visibility into cost drivers, profitability trends, and operational performance.
  • Process Improvement: Identify opportunities to improve costing methodologies, reporting accuracy, financial controls, and overall cost management processes.
  • Cross-Functional Collaboration: Partner with finance, operations, production, and executive leadership to provide data-driven recommendations that support cost optimization, operational efficiency, and profitable growth.
Qualifications & Experience
  • Bachelor’s degree in Accounting, Finance, or a related field required.
  • Minimum of 7 years of accounting experience, with a strong emphasis on manufacturing cost accounting.
  • Demonstrated experience analyzing manufacturing costs, production variances, inventory valuation, and product-level profitability.
  • Experience developing and maintaining costing models in a complex, high-mix manufacturing environment.
  • Strong proficiency in financial systems, including Quick Books, and advanced Microsoft Excel skills.
  • Experience developing financial reports, analyzing KPIs,…
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