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Cost Accounting Manager

Job in Sycamore, DeKalb County, Illinois, 60178, USA
Listing for: IDEAL Industries, Inc.
Full Time position
Listed on 2026-07-01
Job specializations:
  • Accounting
    Financial Reporting, Financial Analyst, Cost Accountant
  • Finance & Banking
    Financial Reporting, Financial Analyst
Salary/Wage Range or Industry Benchmark: 86985 USD Yearly USD 86985.00 YEAR
Job Description & How to Apply Below

Reporting to the Plant Controller, the Cost Accounting Manager will understand the details associated with inventory, cost of sales, and production variances. This role is responsible for providing critical operational and financial support to the manufacturing plant and for supporting day-to-day business partnering with the operations team. The role also supports network-wide control and analysis objectives while driving best-in-class improvements in process and analytical capabilities.

Responsibilities
  • Build strong interpersonal relationships with the plant management team, provide strategic business support, maximize plant profit, efficiencies and eliminate waste.
  • Take ownership of assigned general ledger accounts, including the accurate and timely recording of journal entries into the general ledger for the month-end financial close.
  • Aid the plant controller in preparation of financial reporting of inventory, cost of sales, and production variances.
  • Prepare, review and distribute weekly, monthly, quarterly and annual financial, operating and executive reports.
  • Prepare balance sheet reconciliations and proper supporting documentation, including month-end adjusting entries.
  • Aid in preparation of monthly inventory reporting package.
  • Aid in analysis and reporting on Inventory Variations, and Slow Moving and Obsolete Inventory (SLOB) based on corporate policy.
  • Tracking and reporting of cycle counts and full physical inventory counts and reconciliations.
  • Ensure that all inventory is counted in accordance with policy, and that physical inventory count exemption request support is prepared and submitted in a timely manner.
  • Assist with analysis of monthly results and proactively seek and suggest opportunities for continuous improvement.
  • Identify financial status by comparing and analyzing actual results with plans and forecasts, monitoring variances, identifying trends, recommending actions to management.
  • Resolve price and quantity variances to capture correct costs.
  • Assist with maintenance of general ledger accounts and analyses.
  • Report on intercompany profit in inventory.
  • Actively engage in responsibilities and initiatives to ensure a safe work environment.
  • Comply with and contribute to the continuous improvement of company policies, processes and procedures.
  • Assist with calculation, communication, and maintenance of transfer pricing for all parts sold intercompany to each intercompany partner.
  • Support the annual internal/external audit processes.
  • Support annual budget process (plant cost factor, labor/overhead).
  • Establish and adhere to proper internal control policies.
  • Contribute to a collaborative, team-oriented workplace, which may include other duties as assigned.
Qualifications
  • Bachelor's degree in finance or accounting.
  • CPA certification or license is desirable.
  • Minimum of 5+ years of progressive experience ideally with supply chain or plant finance experience.
  • Demonstrated experience in manufacturing cost accounting, inventory control, financial reporting and analysis.
  • Advanced proficiency in MS Office, primarily Excel & Power Point.
  • Experience implementing and working with information technology and ERP systems preferred.
  • Strong communication, written, oral and interpersonal skills are required.
  • Experience with ERP accounting systems, Microsoft D365 or NAV.
  • Demonstrated leadership and drive for results through effective collaboration.
  • Strong analytical, problem‑solving, and financial modeling skills.
  • Proven track record of driving change and process improvements.
  • Ability to manage multiple priorities with a sense of urgency.
  • Must be a self‑starter capable of adapting to change and comfortable in a fast‑paced work environment.

The expected annual salary for this position is between $86,985.00 and $. This range represents a good faith estimate for the position and actual compensation will be based on numerous factors including knowledge, location, skills, training and experience.

Benefits
  • Medical, Dental & Vision Insurance
  • Education Reimbursement
  • Wellness Programs
  • 401k with Company Match
  • Cash Balance Pension Plan
Paid Time Off
  • Vacation
  • Personal Days
  • Volunteer Time
  • Holidays
  • Parental Leave

IDEAL INDUSTRIES, INC. is proud to be one of Newsweek's Global Top 100 Most Loved Workplaces and an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.

To learn more about us, visit

Please review IDEAL Industries' Privacy Notices here:  By continuing, you acknowledge reviewing and understanding these notices.

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