Senior Cost Accountant

This range is provided by The Bolton Group. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$90,000.00/yr - $105,000.00/yr

Join a global, multibillion-dollar company recognized for innovation and operational excellence. Their Chicago finance team plays a critical role in driving cost transparency, efficiency, and profitability across worldwide operations.

Position Overview:

We are seeking a highly technical Sr. Cost Accountant with deep expertise in BOM (Bill of Materials), standard costing, and manufacturing cost analysis . This role partners closely with operations, production, and finance teams to ensure accurate cost structures, optimize product profitability, and support global reporting initiatives.

Key Responsibilities:

• Maintain and manage Bill of Materials (BOMs) for multiple product lines, ensuring accuracy in standard costs and inventory valuation.
• Prepare and analyze standard costs for materials, labor, and overhead.
• Investigate and report variances between actual and standard costs , providing actionable insights to operations and leadership.
• Support monthly, quarterly, and annual close , including inventory and cost of goods sold reporting.
• Collaborate with operations, procurement, and engineering to identify cost-saving opportunities and improve manufacturing efficiency.
• Participate in budgeting, forecasting, and cost modeling initiatives.
• Ensure compliance with GAAP and internal control requirements for cost accounting processes.
• Generate and present technical cost reports, KPIs, and dashboards for finance leadership and business stakeholders.
• Partner with global teams on ERP, BOM, and process improvement projects.

Qualifications:

• Bachelor’s degree in Accounting, Finance, or related field; CPA preferred.
• 3–5+ years of technical cost accounting experience , preferably in manufacturing or distribution.
• Strong experience managing BOMs , standard costs, and manufacturing cost structures.
• Proficiency in ERP systems (SAP, Oracle, NetSuite) and advanced Excel skills.
• Exceptional analytical, problem-solving, and technical skills.
• Strong ability to collaborate with cross-functional and global teams.
• Excellent communication skills to explain complex cost structures to non-finance stakeholders.

Why You’ll Love This Role:

• Work at a global, multibillion-dollar publicly traded company with high visibility projects.
• Hybrid schedule: 3 days onsite in Chicago for collaboration and networking.
• Influence business decisions through technical cost analysis and BOM management .
• Competitive salary, performance-based bonus, and comprehensive benefits package.
• Be part of a company recognized for innovation, operational excellence, and career development opportunities.

Seniority level

• Associate

Employment type

• Full-time

Job function

• Accounting/Auditing

Industries

• Manufacturing