Cost Accountant Job at William Vaughn, Chicago, IL

  • William Vaughn
  • Chicago, IL

Job Description

We are partnering with a growing, privately held consumer packaged goods (CPG) manufacturer seeking an experienced Cost Accountant to support its manufacturing operations.

This role will focus on standard costing, inventory accounting, manufacturing variance analysis, and cost of goods sold (COGS). The Cost Accountant will partner closely with Finance, Operations, Supply Chain, and Plant Leadership to improve cost accuracy, strengthen inventory controls, and support profitability.

Cost Accountant Responsibilities:

  • Own standard costing processes, including developing, maintaining, and updating bills of material (BOMs) and product costs.
  • Lead annual standard cost updates, incorporating raw materials, labor, and manufacturing overhead.
  • Analyze production costs, manufacturing variances, and cost drivers to identify opportunities for improvement.
  • Manage inventory reconciliations across manufacturing facilities and third-party warehouses.
  • Support month-end close, inventory valuation, COGS reporting, and cost accounting reconciliations.
  • Maintain accurate costing data within the ERP system and ensure appropriate accounting controls.
  • Partner with Plant Operations, Purchasing, and Supply Chain to improve inventory accuracy and cost visibility.
  • Support new product costing, customer profitability analysis, and operational decision-making.
  • Identify opportunities to strengthen cost accounting processes and improve financial reporting.

Cost Accountant Qualifications:

  • Bachelor's degree in Accounting, Finance, or a related field required.
  • 3+ years of hands-on cost accounting experience in a manufacturing environment.
  • Food & beverage or consumer packaged goods (CPG) manufacturing experience strongly preferred.
  • Direct experience with standard costing, bills of material (BOMs), inventory accounting, and manufacturing variance analysis.
  • Experience working with ERP systems and manufacturing cost accounting processes.
  • Advanced Excel skills, including working with large data sets.
  • Strong understanding of inventory valuation, COGS, and month-end close.
  • Ability to work cross-functionally with Finance, Operations, and Supply Chain.
  • Strong analytical, problem-solving, and communication skills.
  • Ability to travel periodically to manufacturing and warehouse facilities.

Job Tags

Full time

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