Begin your Composites One career today!
Position Overview:
We’re hiring a Cost Accounting Manager to join our growing Finance team!
In this critical role, the Cost Accounting Manager will help drive financial health and operational efficiency at Composites One. This position leads all aspects of cost accounting, with a focus on the accurate accumulation, analysis, and reporting of product and inventory costs, including variance analysis. As a strategic partner to the supply chain, operations, and logistics teams, the Cost Accounting Manager delivers financial insights, ensures compliance with company policies and U.S. GAAP, and identifies opportunities for cost and process improvements. The role also involves collaboration with international business units to align cost accounting practices globally. Success in this role requires strong analytical skills, advanced systems knowledge (SAP/Vistex), attention to detail, and a proactive, solutions-oriented mindset.
Key Responsibilities:
Costing Policy & Compliance
- Develop and maintain cost accounting policies aligned with company accounting standards and internal controls to ensure efficiency, accuracy, and compliance.
- Ensure cost accounting practices comply with U.S. GAAP and internal control standards.
- Monitor and update procedures to reflect changes in operations, systems, or regulatory requirements.
Cost Analysis & Reporting
- Accumulate, analyze, and report on product costs and variances, delivering insights that support strategic and operational decision-making.
- Prepare and maintain inventory costing models; update standard cost rates and perform profitability and variance analysis (e.g., PPV, absorption).
- Regularly generate and present detailed reports on product costs, variances, and margins to senior management.
Inventory Accuracy & System Integrity
- Oversee inventory accuracy initiatives, including the cycle count program, physical inventory counts, time studies, and reconciliations.
- Ensure accuracy of cost and inventory data within SAP; validate purchase order data and costing entries.
- Serve as the subject matter expert (SME) for SAP and partner with operations and project teams to identify and implement system and process enhancements.
Cross-Functional Collaboration & Process Improvement
- Provide financial expertise and guidance to supply chain, logistics, and operations teams.
- Lead the manufacturing budget process and support issue resolution for designated sites.
- Identify and implement process improvements related to cost tracking, reporting, and ERP system utilization (e.g., SAP, Incorta).
- Support internal and external audits and deliver training on cost accounting policies and product cost drivers.
Expected Skills and Qualifications:
- Minimum of 5 years of progressive cost accounting experience in manufacturing, distribution, or a related environment.
- Bachelor’s degree in Accounting, Finance, or a related field required; CPA preferred. An equivalent combination of education, training, and experience may be considered.
- In-depth knowledge of cost accounting, inventory valuation, and U.S. GAAP.
- Strong analytical, critical thinking, and problem-solving skills with high attention to detail.
- Proven ability to manage multiple priorities in a fast-paced, dynamic environment.
- Excellent communication skills with the ability to clearly articulate complex financial information.
- Self-starter with the ability to work independently and collaboratively across teams.
- Demonstrated intellectual curiosity and a continuous improvement mindset.
- Proficiency in Microsoft Office Suite, especially Excel; experience working in a Windows environment.
- Advanced proficiency in SAP (preferably SAP S/4HANA) and Vistex strongly preferred. Experience working with large and complex data sets.
Preferred Skills and Qualifications:
- Experience with business intelligence tools such as Incorta or similar platforms.
- Background in global operations or multinational environments.
- Prior experience training others on cost accounting concepts or systems.
Work Location & Schedule:
- This is a hybrid position based out of our corporate office in Schaumburg, IL. The expectation for this role is to work onsite three (3) days per week and remotely two (2) days per week.
Travel:
- Ability to travel up to 25%.
Pre-Employment Requirement:
Employment offers are contingent upon successful completion of a drug screen and background check. This requirement is especially critical for safety-sensitive roles.
The annual base salary range for this position is $130,000 - $150,000. The actual pay will be determined based on factors such as location, experience, skills, and qualifications. In addition to the base salary, employees may be eligible for discretionary bonuses and a comprehensive benefits package.
Discover a Fulfilling Career:
At Composites One, our Team Members are the cornerstone of our success. Each role is essential in helping us provide exceptional service to our Customers. We cultivate a culture of empowerment and opportunity, fostering both personal and professional growth.
We believe in driving success and appreciating achievement. Our Team Members are eligible for annual bonuses and profit sharing because when the company thrives, we all benefit. Join us and be part of a Team where your hard work and dedication are valued, and together, we achieve great things.
Respect, Teamwork, and Communication are Woven into our Core Values:
Our guiding principle of Respect, Teamwork, and Communication embodies the spirit of our Core Values. We uphold these principles every day as we strive to make a positive impact for our Customers, our Team, and the world around us.
Benefits:
Explore our comprehensive health, retirement, wellness, and professional growth programs in detail here.
Equal Employment Opportunity (EEO):
At Composites One, all qualified applicants are considered for employment without regard to race, color, religion, sex, national origin, age, marital status, sexual orientation, gender identity, veteran status, disability, or other protected classification as defined by applicable law and regulation.
ADA Accommodations:
Accommodations are available for applicants with disabilities in all phases of the application and employment process. To request accommodation please contact the ADA Coordinator by email at [email protected].
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.
Skills Required
- Minimum of 5 years of progressive cost accounting experience in manufacturing or distribution
- Bachelor's degree in Accounting, Finance, or related field
- In-depth knowledge of cost accounting and inventory valuation
- Strong analytical and problem-solving skills
- Proficiency in Microsoft Office Suite and Excel
- Advanced proficiency in SAP (preferably SAP S/4HANA) and Vistex
What We Do
As the premier distributor and leading supplier of composite and high-performance materials, thousands of customers rely on Composites One every day. Composite part manufacturers know that we are right there with them when they need to produce efficient, quality parts. We support our customers with: • Unparalleled expansive product line • Streamlined material selection • Customer-facing technical product and process expertise • Innovative supply chain solutions We pride ourselves on being innovative and dependable and go above and beyond to ensure Composites One customers achieve their desired results. Innovative. Dependable. Results. It's the Composites One Difference.
