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Cost Accountant
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Based on Illinois data
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What they do
A Cost Accountant analyzes the cost of company products or services, determines factors affecting costs, and makes recommendations for managing costs. Analyzes financial processes within a company or organization and develops internal cost reporting and accounting systems.
$80,049 / year median in Illinois
-6% projected decline
Job Description
Meyer Utility Structures, an Arcosa subsidiary, is looking for a Cost Accountant for the plant located in Clinton, IL. The Cost Accountant position will provide support to ensure product margins are being reported correctly as well as monitoring and tracking the inventory for raw materials and finished goods within the manufacturing facility. Meyer Utility Structures is an industry leader in the engineering design and fabrication of concrete, lattice, and tubular steel structures for transmission, distribution, and substation applications. With over sixty years of innovative engineering and manufacturing expertise, Meyer has helped to author and validate many of today's transmission industry standards and specifications. What you'll do: Maintain material master records for all Purchased and Manufactured parts. Work closely with purchasing and planning. Analyze, track and update freight costs on all purchased parts. Reconcile and analyzes Purchase Price and Manufacturing variances. Work with controller on process improvements. Responsible for conducting quarterly costing reviews and cost analysis updates. Audit and tag Fixed Assets as necessary. Reconcile and analyze expenses. Reconcile balance sheet accounts Key member of Physical Inventory. Assist with Accounts Payable vouchering. Create month end Journal Entries. Assists with special projects, as necessary. Maintain site information technology asset accountability and modernization. Performs other duties that may be assigned. Analyze month-end and year-end reports to identify and recommend cost-effective improvements What you'll need: Bachelor's degree in Accounting or Finance, or two years related experience and/or training; or equivalent combination of education and experience. Knowledge of SAP, Standard Costing, and Plant Labor Absorption helpful. Advanced user of Microsoft Office products Ability to communicate effectively both written and orally Ability to calculate figures and amounts such as discounts, proportions, percentages. Ability to apply concepts of basic algebra and geometry. Ability to deal with problems involving several concrete variables in standardized situations. Equal Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.