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Senior Cost Accountant

Senior Cost Accountant

IDEXNorthbrook, IL, United States
30+ days ago
Job type
  • Full-time
Job description

Mission : The Senior Cost Accountant is responsible for managing and analyzing cost data to support strategic decision-making and operational efficiency. This role ensures accurate cost allocation, supports budgeting and forecasting, and maintains compliance with accounting standards and internal controls.

Company : Mott is a technology driven, high precision filtration company trusted by the world's best technical and performance brands across four core markets : Medicine, Computing Power, Clean Energy, and Space Exploration. Our products can be found everywhere...including lifesaving medical devices, artificial intelligence, and missions to Mars!

Key Responsibilities :

Perform timely and accurate month-end close activities including journal entries and reconciliations.

Analyze manufacturing operations, equipment utilization, and cost variances and drive corrections / improvements with operations group.

Prepare accurate weekly inventory and COGs forecasting.

Collaborate with FP&A, procurement, and operations to review material costs and performance metrics.

Maintain and improve accounting systems.

Ensure compliance with GAAP and internal controls.

Lead physical inventory counts and cycle count programs.

Complete annual cost revaluation.

Provide financial analysis for capital expenditures and strategic initiatives.

Major Challenges :

Data Accuracy and Integration : Ensuring the accuracy and integration of financial data from diverse sources and systems.

Stakeholder Expectations : Balancing the needs and expectations of various stakeholders.

Rapid Change : Adapting to rapid changes in the business environment and market conditions and adjusting financial plans accordingly.

Resource Constraints : Managing limited resources while striving to achieve ambitious financial goals and objectives.

Expected Performance Outcomes :

Inventory Accuracy : Achieve a monthly inventory cost accuracy rate of at least 99%.

Inventory and COGS Forecasting : Provide weekly financial forecasting with 98% accuracy rate for all inventory and COGS related deliverables .

Accurate and Timing Financial Closing : Ensure all monthly, quarterly, and annual financial reports are delivered within the established deadlines, with zero delays.

Reporting Simplification : Update and provide actionable reporting for leadership and operations with measurable improvement actions.

Required Experience :

Bachelor's degree in Finance, Accounting, or a related field; MBA, CPA and CMA preferred.

Minimum of 10 years of experience working in a complex manufacturing setting.

Proven track record of delivering accurate and timely results.

Experience in a public company environment preferred.

Technical Knowledge / Skills :

Strong understanding of inventory accounting

Experience with Oracle Netsuite ERP a plus.

Strong analytical and problem-solving skills, with the ability to interpret complex financial data

Excellent communication and presentation skills, with the ability to influence senior leadership.

Personal Attributes :

Strategic Thinking

Financial Acumen

Communication and Influence

Analytical Rigor

Results Orientation

IDEX is an Equal Opportunity Employer . IDEX gives consideration for employment to qualified applicants without regard to race, color, religion, creed, genetic information, sex, sexual orientation, gender identity or expression, marital status, age, national origin, disability, protected veteran status, or any other consideration or protected category made unlawful by federal, state or local laws.

Attention Applicants : If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process, please let us know. Likewise, if you are limited in the ability to access or use this online application process and need an alternative method for applying, we will determine an alternate way for you to apply. Please contact our Talent Acquisition Team at lfcareers@idexcorp.com for assistance with an accommodation. These contact tools may be used only by individuals with a disability for accommodation requests. Do not inquire as to the status of an application.

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Senior Cost Accountant • Northbrook, IL, United States

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