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Senior Cost Accountant

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: The Bolton Group
Full Time position
Listed on 2026-02-06
Job specializations:
  • Finance & Banking
    Financial Reporting, Financial Analyst, Accounting & Finance
  • Accounting
    Financial Reporting, Financial Analyst, Cost Accountant, Accounting & Finance
Salary/Wage Range or Industry Benchmark: 90000 USD Yearly USD 90000.00 YEAR
Job Description & How to Apply Below

This range is provided by The Bolton Group. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$90,000.00/yr - $/yr

Join a global, multibillion-dollar company recognized for innovation and operational excellence. Their Chicago finance team plays a critical role in driving cost transparency, efficiency, and profitability across worldwide operations.

Position Overview:

We are seeking a highly technical Sr. Cost Accountant with deep expertise in BOM (Bill of Materials), standard costing, and manufacturing cost analysis
. This role partners closely with operations, production, and finance teams to ensure accurate cost structures, optimize product profitability, and support global reporting initiatives.

Key Responsibilities:

  • Maintain and manage Bill of Materials (BOMs) for multiple product lines, ensuring accuracy in standard costs and inventory valuation.
  • Prepare and analyze standard costs for materials, labor, and overhead.
  • Investigate and report variances between actual and standard costs
    , providing actionable insights to operations and leadership.
  • Support monthly, quarterly, and annual close
    , including inventory and cost of goods sold reporting.
  • Collaborate with operations, procurement, and engineering to identify cost-saving opportunities and improve manufacturing efficiency.
  • Participate in budgeting, forecasting, and cost modeling initiatives.
  • Ensure compliance with GAAP and internal control requirements for cost accounting processes.
  • Generate and present technical cost reports, KPIs, and dashboards for finance leadership and business stakeholders.
  • Partner with global teams on ERP, BOM, and process improvement projects.

Qualifications:

  • Bachelor’s degree in Accounting, Finance, or related field; CPA preferred.
  • 3–5+ years of technical cost accounting experience
    , preferably in manufacturing or distribution.
  • Strong experience managing BOMs
    , standard costs, and manufacturing cost structures.
  • Proficiency in ERP systems (SAP, Oracle, Net Suite) and advanced Excel skills.
  • Exceptional analytical, problem-solving, and technical skills.
  • Strong ability to collaborate with cross-functional and global teams.
  • Excellent communication skills to explain complex cost structures to non-finance stakeholders.

Why You’ll Love This Role:

  • Work at a global, multibillion-dollar publicly traded company with high visibility projects.
  • Hybrid schedule: 3 days onsite in Chicago for collaboration and networking.
  • Influence business decisions through technical cost analysis and BOM management
    .
  • Competitive salary, performance-based bonus, and comprehensive benefits package.
  • Be part of a company recognized for innovation, operational excellence, and career development opportunities.
Seniority level
  • Associate
Employment type
  • Full-time
Job function
  • Accounting/Auditing
Industries
  • Manufacturing
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Position Requirements
10+ Years work experience
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