Cost Accounting Manager

Join us as we empower the world to work out, creating healthier lives together.

At Life Fitness / Hammer Strength
, we're not just building equipment-we're shaping the future of fitness. As pioneers in fitness innovation, we design and manufacture the most durable, high-performance, and reliable fitness solutions in the world, empowering people and communities to live healthier lives. Our success is driven by a culture that puts customers first, embraces collaboration, and continuously raises the bar on performance, quality, and innovation.

This is a hybrid position based out of our Global Support Center in Rosemont, IL. Monday and Friday are remote, with Tuesday through Thursday designated as in-office collaboration days.

• Create, maintain, and update product costs in Oracle.
• Participate in the annual frozen cost update by reviewing current material costs, applying the fixed and variable manufacturing overhead rates provided by the manufacturing controller, and reviewing pending cost adjustments as necessary.
• Manage the nightly Oracle cost update processes to ensure costs update as expected, suggesting and ultimately making changes to processes as required.
• Work with project managers to calculate new product costs in ad hoc worksheets and in Oracle as applicable.
• Participate in global projects and initiatives as a finance representative, driving change in current processes.
• Assist in business reviews by preparing presentations for senior management.
• Prepare reports, trend analyses, and analytics, including inventory analysis and the global inventory package / inventory turns.
• Assist with the timely and accurate closing of the monthly, quarterly, and annual consolidation cycle, including journal entries, account reconciliations, and related reporting packages.
• Reconcile showroom inventory and address any variances.
• Participate in domestic annual physical inventories and related book to physical reconciliation processes as required.
• Review, maintain, and monitor inventory valuation, accuracy, and variances using perpetual inventory records and the general ledger through daily, weekly, monthly, and annual processes, internal controls, and analyses.
• Ensure perpetual inventory transactions are calculated and recorded in the general ledger properly and on a timely basis.
• Perform detailed purchase price variance (PPV) analysis, reviewing large PPVs and working with commodity managers to validate invoice prices and inventory valuation.
• Age in transit inventory and follow up on aged in transit records with the appropriate warehouse personnel.
• Serve as a primary contact for Manufacturing, Supply Chain, CSS, Engineering, IT, and Finance across multiple manufacturing facilities, and interact with external auditors, systems consultants, and all levels of management to accomplish tasks and communicate results.
• Assist in creating, testing, and analyzing system integration processes related to inventory transactions and perpetual inventory records.
• Perform other related duties as assigned.

• Minimum Bachelor's degree in Accounting or Finance; CPA or CMA preferred.
• 7+ years of progressive cost accounting experience, including demonstrated ownership of standard costing processes in a manufacturing environment.
• Demonstrated ability to analyze complex data sets and provide valuable, relevant insight to the business.
• Intermediate to advanced knowledge of automated systems and applications used in manufacturing and accounting (Oracle preferred).
• Advanced Excel skills and proficiency across Microsoft Office products.
• Experience with data warehouses;
  Oracle Business Intelligence (OBI) preferred.

At Life Fitness / Hammer Strength, we think customer first, play as one team, and raise the bar on fitness innovation - in the gym and in every corner of our facilities. We persevere and get it done, with a clear purpose to inspire each other to live healthier lives.

At Life Fitness / Hammer Strength, we believe in taking care of our team with a comprehensive total rewards package that includes competitive pay and a range of valuable benefits. The salary range for this position, intended for U.S. applicants, is $93,000 - $135,900 annually. This position is eligible to participate in Life Fitness / Hammer Strength's annual Manager Incentive Plan to receive an annual discretionary bonus in addition to base salary.

The amount of bonus varies based on company…