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Staff Accountant – Cost Accounting

Job in Lake Forest, Lake County, Illinois, 60045, USA
Listing for: Novolex
Full Time position
Listed on 2026-07-13
Job specializations:
  • Accounting
    Financial Reporting, Cost Accountant, Financial Analyst, Accounting Manager
Salary/Wage Range or Industry Benchmark: 65000 - 75000 USD Yearly USD 65000.00 75000.00 YEAR
Job Description & How to Apply Below

Job Description

Support core cost accounting processes by ensuring accurate, timely financial reporting and reconciliation. Partner with business units and operations to manage cost data, validate transactions, and improve cost visibility.

Cost Accounting & Close

  • Prepare journal entries (COGS, inventory, freight)
  • Support monthly close and reporting cycles
  • Maintain accurate cost data in ERP (SAP)

Reconciliation & Analysis

  • Reconcile accounts and resolve discrepancies
  • Analyze cost variances (standard vs. actual)
  • Validate estimated vs. actual costs

Business & Intercompany Support

  • Partner with business units on financial booking
  • Support intercompany accounting (AR/AP entries)
  • Ensure alignment across entities

Reporting & Data

  • Pull and analyze data from ERP systems
  • Prepare recurring cost and operational reports
  • Provide data to support business decision-making

Process & Controls

  • Follow SOPs and maintain strong internal controls
  • Support audit readiness and documentation
  • Identify opportunities for process improvement

What We're Looking For

Education & Experience

  • Bachelor's in Accounting or Finance
  • 1–3+ years of relevant accounting experience

Technical Skills

  • SAP or ERP experience preferred
  • Strong Excel skills (analysis, reconciliations)
  • Understanding of inventory, costing, and COGS

Core Strengths

  • Analytical and detail-oriented
  • Strong ownership and accountability
  • Clear, concise communicator
  • Ability to work cross-functionally

A reasonable estimate of the current range is $65,000-$75,000 + bonus + benefits. The range displayed on each job posting reflects the minimum and maximum target salaries for the position across all US locations. Within the range, individual pay is determined by job-related skills, experience, and relevant education or training. At Novolex, it is not typical for an individual to be hired at the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case.

The benefits for this role include 401(k) plan with company match, comprehensive medical, dental, and vision insurance, flexible spending and health savings accounts, paid vacation, and sick days, paid parental leave, paid holidays and wellness program.

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