Sr. Cost Accountant
Listed on 2026-05-21
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Accounting
Financial Reporting, Financial Analyst, Cost Accountant, Accounting & Finance -
Finance & Banking
Financial Reporting, Financial Analyst, Accounting & Finance
Elgin Sweeper Company
Elgin, IL 60120, USA
Essential Job Duties and Responsibilities
- Develop standard cost for manufactured and purchased parts by considering applicable external and internal costs and material rates.
- Perform standard cost review annually by updating material, labor and overhead rates, reviewing simulating cost, correcting errors and verifying inventory analysis for accuracy.
- Review and analyze standard variance reporting, investigate discrepancies, and recommend necessary corrective actions.
- Provide internal departments with requested information by defining and developing ad-hoc reporting, analyzing data and providing recommendations based on analysis.
- Actively participate in lean and/or cost reduction teams by providing appropriate reporting, analysis and provide recommendations.
- Review monthly cycle count reports, identify variances and recommend corrective action.
- Track and create Inventory count sheets for cycle counters.
- Create raw material count sheets for cycle counters.
- Assist in reviewing cycle count variances.
- Assist in the monthly closing activities by inputting appropriate journal entries, reconciliation of assigned accounts and recommending corrective actions.
- Perform other duties, assignments, and special projects that may be required.
Position Requirements
- Bachelor's Degree in Accounting is required. Candidates with MBA, CMA or CPA accreditation/licensing are also encouraged to apply.
- Two plus years of cost accounting experience is ideal.
- Experience in a manufacturing organization a plus.
- Highly proficient in Excel with advanced skill level required.
- Daily usage expertise in MS Office Products Suite (Word, PowerPoint, Outlook) required.
- Ad-hoc reporting experience with SQL experience
- JD Edwards experience is preferred
- Power BI is a plus
- Excellent written and verbal communication skills.
Anticipated Salary Range: $70,000 - $85,000
BenefitsIn addition to excellent career growth opportunities, Federal Signal Corporation offers a wide array of benefits including: annual bonus potential, insurance (life, medical, dental, vision), paid holidays, paid vacation, 401(k) with matching contributions and tuition reimbursement. We provide our employees with a smoke-free, drug-free workplace.
Equal OpportunityThe Company is an equal opportunity employer. Qualified applicants will not be discriminated against on the basis of race, color, religion, national origin, sex, sexual orientation, gender identity, age, disability, genetic information, status as a protected veteran, or any other protected category. This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
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