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Cost Accountant

Job in Lincolnshire, Lake County, Illinois, 60069, USA
Listing for: Ingersoll-Rand
Full Time position
Listed on 2026-02-15
Job specializations:
  • Accounting
    Cost Accountant, Financial Reporting
  • Finance & Banking
    Financial Reporting
Salary/Wage Range or Industry Benchmark: 75000 - 105000 USD Yearly USD 75000.00 105000.00 YEAR
Job Description & How to Apply Below

Ingersoll Rand is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, ancestry, color, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable laws, regulations and ordinances.

Job

Title

Cost Accountant

Location

Lincolnshire, IL (Hybrid)

About Us

Imagine a company with technology leadership of over 160 years, yet it operates with the energy of a startup. Ingersoll Rand has dedicated itself to Making Life Better for its employees, customers, shareholders, and planets. We produce innovative and mission-critical flow creation and life science technologies – from compressors to precision handling of liquids, gasses, and powers – to increase industrial productivity, efficiency, and sustainability.

Supported by over 80+ brands, our products are used in various end-markets including life sciences, food and beverage, clean energy, industrial manufacturing, infrastructure, and more. Across the globe, we’re driving growth with an entrepreneurial spirit and ownership mindset. Learn more at  and join us to own your future.

Job Overview

Flexan, an Ingersoll Rand business, is seeking a Cost Accountant who brings both analytical horsepower and strong accounting fundamentals. This is a hands‑on, high‑impact role supporting manufacturing operations through cost and variance analysis, inventory and asset accounting, and month‑end close activities. Beyond execution, you’ll play a key role in strengthening and improving core costing and reporting processes that help move the organization forward.

This role is ideal for someone who enjoys rolling up their sleeves, asking the right questions, and turning complex manufacturing data into clear, actionable insight. The successful candidate is both a doer and a thinker—comfortable with ambiguity, energized by change, and motivated by converting data into decisions. Sitting at the intersection of accounting and financial analysis, this position includes exposure to budgeting, forecasting, and operational reporting tied directly to production.

It’s a strong opportunity for a high‑potential professional seeking meaningful ownership, visibility, and growth beyond routine accounting work.

Responsibilities
  • Conduct analysis on product costs, manufacturing variances (material, labor, overhead, hours), inventory valuation, capital spending, and fixed asset management.
  • Create and maintain daily, weekly, and monthly financial KPIs to aid in decision making.
  • Prepare journal entries, accruals, and balance sheet reconciliations.
  • Ensure compliance with company policy and procedures.
  • Review, update, and maintain standard costs and assist senior management in maintaining a robust business costing system.
  • Support the development of the annual budget, quarterly forecasts, and monthly outlooks, focused on cost optimization and profitability improvements.
  • Support improvements to ERP configurations and drive efforts to streamline processes, standardize reporting, and implement dashboards.
Requirements
  • 3+ years of direct cost accounting experience in a manufacturing environment.
  • 3+ years of experience performing product cost analysis and manufacturing variance analysis (material, labor, overhead, and hours).
  • 3+ years of ERP accounting module experience, such as JDE, Oracle, SAP.
Core Competencies
  • Solid understanding of U.S. GAAP.
  • Analytical Thinking:
    Ability to interpret complex financial data and derive actionable insights.
  • Problem‑Solving:
    Proactively identifies issues and implements effective solutions.
  • Collaboration:

    Strong interpersonal skills to support cross‑departmental initiatives.
  • Communication:
    Clear and concise written and verbal communication skills.
  • Time Management:
    Ability to prioritize and manage multiple projects efficiently.
  • Manufacturing:
    Experience with ERP systems and manufacturing operations concepts/reporting.
Preferences
  • Degree concentration:
    Accounting or…
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