Cost Accountant

Title: Cost Accountant

Location: United States-Illinois-Wood Dale

Job Number: 18628

The Cost Accountant has responsibility to account for the cost of products that flow through the business and reporting profitability of the business. Inventory is the key asset of the business, and the Cost Accountant seeks to establish functional excellence in inventory accounting and supporting the business efforts to earn desired returns on this investment.

This position is based at our Corporate Headquarters in Wood Dale, IL, with a planned relocation to the Merchandise Mart (Chicago) in early 2027.

What you will be responsible for:

• Maintains the accuracy of the perpetual inventory system, the costs used, the reconciliation to the general ledger accounts and ensures proper recording of cost of sales.

• Continuously improves the efficiency and effectiveness of accounting operations for inventory.

• Provides reporting and analysis to support inventory, repair orders and the cost of sales.

• Accurately accounts for the costs of inventory and repair orders at time of purchase, as carried in stock, and invoicing upon sale.

• Meets reporting requirements for internal and external needs associated with inventories, including results of operations, age of the inventory, forecasts, reconciliations, and analyses.

• Accountable for internal controls over assigned areas.

• Accounts for assigned areas in accordance with AAR policies and generally accepted accounting principles (GAAP) recording appropriate journal entries.

• Assists with the audits of the financial records and controls as they relate to Cost accounting. Analyzes operating results and trends to make recommendations to control costs, safeguard assets, and improve profits. All other duties as assigned.

Qualifications:

What you need to be successful in this role:

• Thorough knowledge and experience with various types of computer software including Microsoft Office products.

• Knowledge of IMOPS, Browser, and Lawson is a plus.

• Strong mathematical and analytical abilities.

• Bachelor of Arts degree (B.A.) or Bachelor of Science degree (B.S.) in accounting from four-year college or university.

The rewards of your career at AAR go far beyond just your salary:

• Competitive salary and bonus package

• Comprehensive benefits package including medical, dental, and vision coverage.

• 401(k) retirement plan with company match

• Generous paid time off program

• Professional development and career advancement opportunities

Physical Demands/Work Environment:

The physical demands and work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

• Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• While performing the duties of this job, the employee may be regularly required to sit, stand, bend, reach and move about the facility.

• The environmental characteristic for this position is an office setting.

• Candidates should be able to adapt to a traditional business environment.

AAR provides accommodation in accordance with applicable laws through all stages of the hiring process. If you require accommodation for any part of the application and/or hiring process, please advise Human Resources.

Compensation:

The anticipated salary range for this position is $xx,000 to $xx,000 annually. This range reflects the base salary for candidates who meet the requirements of the role, including experience, education, and location. In addition to base pay, this role is eligible for a bonus. AAR offers a competitive benefits package, including medical/dental/vision/life/and AD&D insurance, 401(k) savings plan with employer match, paid time off and holiday pay, as well as opportunities for professional development and growth.

#LI-MA1 #LI-ONSITE

We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status.