Cost Accountant

Posted Yesterday
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Champaign, IL, USA
In-Office
75K-95K Annually
Mid level
Aerospace • Defense • Industrial • Manufacturing
The Role
Responsible for inventory accounting, manufacturing cost analysis, inventory valuation, standard costing, variance analysis, and cost control. Supports month-end and year-end close, reconciliations, journal entries, audits, financial reporting, physical inventory counts, and ERP production-order management. Partners with Production, Planning, and Logistics to maintain inventory accuracy, improve processes, and identify cost-reduction opportunities.
Summary Generated by Built In

For nearly a century Clifford-Jacobs Forging has been a leader in their space providing quality services to the Mining, Gears, Aerospace, Energy, and Defense industries. We set the industry standard for quality, performance, craftsmanship, and customer service. 

We’re currently looking for a Cost Accountant to join the team!

Why Join Us?

 In addition to being part of a dynamic team, our full-time employees enjoy an impressive benefits package, including:

  • No Cost Benefits: STD, LTD, Life/ADD 
  • Excellent Health, Dental, Vision
  • 401(k)
  • Vacation
  • Paid Christmas Leave
  • Paid Holidays

Salary

  • $75,000 - $95,000 annually

General Description

  • Responsible for inventory accounting, cost analysis, and manufacturing cost control activities. Supports the month-end close process, maintains inventory accuracy, analyzes production costs and variances, and assists with financial reporting, audits, and continuous improvement initiatives.

Requirements

  • Bachelor's Degree in Accounting, Finance, Business Administration, or related field. CPA, CMA, or progress toward professional certification preferred.
  • 3-5 years of accounting experience, preferably in a manufacturing environment. Strong knowledge of inventory accounting, standard costing, and cost analysis preferred. Experience with ERP systems and physical inventory processes desired.

Responsibilities

  • Support month-end, quarter-end, and year-end close processes.
  • Perform inventory reconciliations and investigate inventory discrepancies.
  • Review, analyze, and close production orders in the ERP system.
  • Maintain and monitor inventory valuation and costing records.
  • Analyze manufacturing costs, labor, material, and overhead variances.  
  • Review and maintain standard costs and recommend updates as necessary.
  • Coordinate and assist with physical inventory counts and cycle count programs.
  • Prepare inventory-related journal entries and account reconciliations.
  • Partner with Production, Planning, and Logistics to ensure inventory accuracy and proper cost allocation.
  • Monitor inventory transactions and identify opportunities for process improvements and cost reductions

Skills Required

  • Bachelor’s degree in Accounting, Finance, Business Administration, or a related field
  • 3–5 years of accounting experience
  • Manufacturing accounting experience
  • CPA, CMA, or progress toward professional certification
  • Knowledge of inventory accounting
  • Knowledge of standard costing
  • Knowledge of cost analysis
  • Experience with ERP systems
  • Experience with physical inventory processes
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The Company
74 Employees
Year Founded: 1919

What We Do

Clifford-Jacobs Forging manufactures and machines closed-die steel forgings for demanding applications. Its capabilities include engineering support and precision components from prototype through production, with quality and delivery emphasis. The company's forgings serve aerospace, defense and military vehicles, as well as industrial markets; its products are designed for critical uses where performance and reliability matter. It also supports mining, gear, energy and oil-and-gas sectors.

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