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Cost Accountant

Job in Rockford, Winnebago County, Illinois, 61103, USA
Listing for: Magnesium Elektron
Full Time position
Listed on 2026-06-27
Job specializations:
  • Finance & Banking
    Financial Reporting, Financial Analyst
  • Accounting
    Cost Accountant, Financial Reporting, Financial Analyst
Salary/Wage Range or Industry Benchmark: 60000 - 80000 USD Yearly USD 60000.00 80000.00 YEAR
Job Description & How to Apply Below

Job Description

The Cost Accountant will report directly to the Inventory Control Manager.

We are seeking an independent self‑starter to assist in the day‑to‑day inventory management and Cost Accounting process. This position will work with Inventory Control assisting with the tracking and valuation of inventory. The role involves the Supply Chain and Sales & Operations Planning processes, performing data analysis for purchasing requirements. Costing activities include variance and standard cost evaluation and assisting in the monthly close.

  • Month‑end valuation of inventory
  • General ledger inventory and COGS account reconciliations
  • Obsolete and slow‑moving inventory reserve calculations
  • Physical inventory and cycle‑count reconciliation and metrics
  • Aid in ABC models and monthly inventory forecasting
  • Tracking and researching monthly variances (PPV, work order variances, etc.)
  • Analyze month, quarter, and annual variances to actual, budget, forecast, and strategic sales data
  • Provide external and internal audit support
  • Assist with quarter and annual reports
Qualifications



Minimum Education , Skills, and Work Experience

Required:

  • Bachelor’s Degree in accounting, finance or a related field required
  • 3–5 years of experience with a deep background in costing
  • Experience with Microsoft Office Products
  • Advanced Excel skills required with full understanding of pivot tables, VLOOKUPs, charts and graphs
  • Ability to organize work into priorities and meet deadlines
  • Strong attention to detail and ability to work with a high degree of accuracy required

Work Experience and/or Qualification Preferences:

  • 2+ years of experience in a manufacturing environment with cost accounting, production planning or inventory control background preferred
  • Experience with an MRP/ERP system a plus
  • Ability to work in both a manufacturing and an office environment
  • Strong ability to work under pressure to meet deadlines
  • Strong ability to multi‑task and manage own time efficiently
  • Must have the physical ability to travel within a large‑scale plant
Additional Information

Magnesium Elektron North America offers a full range of benefits including:

  • Competitive starting wage
  • Medical/Dental/Vision insurance plans
  • Flexible Spending account for Medical and Dependent Care
  • Company‑paid Life, Short‑term Disability, and Long‑term Disability plans
  • 401(k) with up to a 6% company match
  • Generous vacation policy
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