Finance Cost Accountant

Job Description

The ARM Group is looking to hire a Finance Cost Accountant for one of our leading clients in Aurora, IL.

GENERAL PURPOSE OF THE JOB:
Maintains all necessary data for developing standard costs and is knowledgeable of all phases of cost accounting procedures, including formulation, raw material and packaging supply requirements and yields, and the application of labor and overhead budgets and rates. Establishes product cost for all assigned products and participates in the preparation of budgeted cost of goods for those products. Maintains production and inventory records, and performs all functions required to publish periodic manufacturing statements and yield reports. Investigate and analyze all variances from standard or budget. Responsible for preparing quarterly product cost forecasts and cost estimates for assigned products. Performs internal audits as assigned.

REQUIREMENTS:

• Proficient with personal computer.
• BS in Accounting required.
• 3-5 years of experience preferred.

JOB RESPONSIBILITIES:

• Establishes standard product costs for assigned products and maintains all cost elements, including current formulation, raw material and packaging supply requirements, labor, and overhead.
• Coordinates production and inventory records, assigns value-based established standard costs, and generates necessary accounting entries in conformance with established company policy.
• Analyzes and publishes monthly manufacturing and yield variance reports on schedule.
• Prepares cost estimates and assists in the development of feasibility studies. All cost estimates must be submitted to the Cost Accounting manager for approval.
• Performs co-packer or outside warehouse audits as assigned.
• Maintains all work routines within the established time schedules and suggests improvements where appropriate.
• Become thoroughly knowledgeable of all phases of cost accounting and the functions of other departments within the Controller's Division.
• Carries out a program of self-development and improvement to be qualified for future promotions.
• Operates personal computer utilizing various software programs in all aspects of duties.

DISCLAIMER:
The ARM Group is committed to fostering a diverse and inclusive workplace. We are an Equal Employment Opportunity Employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender identity, sexual orientation, national origin, genetic information, sex, age, disability, veteran status, or any other legally protected basis.

We actively encourage applications from individuals with diverse backgrounds, including people with disabilities. Accommodations are available upon request for applicants participating in all aspects of the selection process.

By applying for this job, you consent to allow representatives of ARM GROUP LLC to contact you regarding your candidacy. This may include communication via email, phone, text, or other means deemed appropriate by ARM GROUP LLC. Rest assured, your information will be handled confidentially and used solely for recruitment purposes.

It's important to note that ARM Group LLC does not interfere in the decision-making process regarding your selection or rejection. The ultimate decision to hire or reject your candidacy lies solely with the client organization, with whom we agree to source candidates for their consideration.

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities required of the employee for this job. Duties, obligations, and activities may change at any time with or without notice. All applicants must submit to background checks and drug screening.

Applicants for this position must be legally authorized to work in the United States. Please be aware that this position does not meet the employment requirements for individuals with F-1 OPT STEM work authorization status.

Job Type: Full-time

Pay: $55,000.00 - $80,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental Insurance
• Health Insurance
• Life Insurance
• Paid Time Off
• Referral Program
• Vision Insurance

Physical Setting:

• Office

Schedule:

• 8-Hour Shift
• Day Shift
• Monday To Friday

Experience:

• Accounting: 3 years (Required)
• Cost accounting: 4 years (Required)
• ERP systems: 2 years (Preferred)

Ability to Commute:

• Aurora, IL (Required)

Ability to Relocate:

• Aurora, IL: Relocate before starting work (Required)

Work Location: In person