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Durex Industries · 9 hours ago

Cost Accountant

Cary, IL

Full-time

Onsite

Entry, Mid Level

$85K/yr - $100K/yr

2+ years exp

Durex Industries, part of Spirax Group, specializes in electrical process heating and temperature management solutions. As a Cost Accountant, you will analyze operational costs, estimate costs for product lines, and ensure compliance with financial reporting standards while working under the direction of the Controller.

ElectronicsManufacturing

Responsibilities

Collect and analyze data about a company’s operational costs

Develop overhead rates and absorption

Analyze and estimate costs of new and existing product lines

Analyze item cost and ensure accuracy

Analyze manufacturing variances

Ensuring compliance with accounting and financial reporting standards and regulations

Identify and recommend cost-effective solutions

Conduct physical inventories and monitor the inventory system

Reduce obsolete material and inventory excess

Assist in audits and general ledger preparation

Forecast and plan future purchasing costs according to fiscal needs

Creates and maintains account reconciliations to ensure the accuracy of financial statements by required deadlines

Review account reconciliations prepared by others

Assist with preparing the month-end intercompany balancing report for corporate reporting and communicating with international units on variances

Assist with completing monthly and quarterly indirect (sales and use) tax filings and research with the Tax Team

Assists with the creation and maintenance of policies and procedures

Assists in the consolidation of global results utilizing the TM1 reporting system

Assists in the yearly audit and tax return preparation

Performs various projects and analyses as required

Demonstrates, through actions, a commitment to the philosophy of continuous improvement and multi-disciplined problem-solving teams in all aspects of performance

Works individually and as a team to develop and maintain cooperative and productive relationships with employees at all levels; conducts team assessments and develops training to ensure capabilities are in place

Maintains a clean and orderly work area free of excess materials

Support of and involvement in company, department, and/or safety policies, procedures, programs and activities

Qualification

Cost AccountingBudgetingForecastingAccount ReconciliationAccounting SoftwareMRP/ERP SystemsAttention to DetailCommunication SkillsIntegrityTeam Collaboration

Required

At least 2+ years of professional experience as a Cost Accountant or experience in a similar role

An Associate or Bachelor's Degree in Accounting or Finance with a specific focus on cost accounting is required

Excellent knowledge of risk analysis, budgeting and forecasting

Robust account reconciliation and analysis skills are required

High level of integrity and ability to handle sensitive information and maintain confidentiality

Detail-oriented with a commitment to data integrity and accuracy

Be results focused, self-motivated, flexible, and adaptable to complete assigned tasks

Strong computer skills and knowledge of accounting software programs

Proven work experience communicating clearly and effectively in a professional business environment verbally, electronically, and written with cross-functional teams