With an unwavering foundation in excellence, a focus on strategic growth, and approaching each day with an entrepreneurial mindset, Sparkstone Electrical Group has grown from its family roots in 1936 as Chicago Switchboard, designing stage lighting, to a rapidly growing and innovative manufacturer of custom power distribution equipment.
Currently, Sparkstone Electrical Group has locations as Chicago Switchboard in Chicagoland, IER-Electrical OEM in Houston, TX, and CES Industrial in Loveland, CO. Our vision is to be the chosen provider for custom power solutions with a laser focus on execution. If you value service excellence, are energized by creating solutions to solve business challenges, and execute your work with the importance of coming together to make a difference for our customers, we invite you, as skilled professionals, to come and join our growing team.
Position Summary:
The Cost Accounting Manager will be responsible for overseeing all cost accounting functions, including budgeting, forecasting, and variance analysis, to ensure accurate financial reporting and cost control.
Position Location:
Addison, IL
In This Role You Will:
· Cost Accounting Management: Oversee the cost accounting system and ensure accurate and timely cost reporting. Manage the preparation and analysis of cost reports and financial statements.
· Budgeting and Forecasting: Develop and maintain budgets, forecasts, and financial models. Monitor and analyze variances between actual and budgeted costs, and provide actionable insights to management.
· Inventory Management: Ensure accurate inventory valuation and control. Conduct periodic physical inventories and reconcile discrepancies.
· Cost Control: Identify cost reduction opportunities and implement cost-saving initiatives. Monitor production costs, overhead, and other cost drivers to ensure efficient operations.
· Financial Analysis: Perform detailed financial analysis to support business decisions. Provide financial insights and recommendations to senior management.
· Standard Costing: Establish and maintain standard costing procedures. Analyze variances and update standard costs as necessary.
· Compliance and Auditing: Ensure compliance with internal controls, company policies, and regulatory requirements. Coordinate with internal and external auditors for cost accounting-related audits.
· Team Leadership: Supervise and mentor accounting staff. Foster a culture of continuous improvement and professional development within the team.
· Cross-Functional Collaboration: Work closely with operations, procurement, and other departments to ensure accurate cost information and support company objectives.
Qualifications/Skills:
· Education: Bachelor’s degree in Accounting, Finance, or a related field. CPA, CMA, or other relevant certification preferred.
· Experience: 5+ years of experience in cost accounting, with at least 2 years in a supervisory role. Experience in [specific industry, if applicable] is a plus.
· Skills:
o Strong understanding of cost accounting principles and practices.
o Proficiency in accounting software (e.g., SAP, Oracle, Microsoft Dynamics) and Microsoft Office Suite.
o Excellent analytical and problem-solving skills.
o Strong attention to detail and accuracy.
o Ability to manage multiple priorities and meet deadlines.
o Strong communication and interpersonal skills.
Job Type: Full-time
Benefits:
- 401(k) 4% Match
- Dental insurance
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Vision insurance
Schedule:
Ability to Commute:
- Addison, IL 60101 (Required)
Ability to Relocate:
- Addison, IL 60101: Relocate before starting work (Preferred)
Work Location: In person