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CFS · 18 hours ago

Cost Analyst

Vernon Hills, IL

Full-time

Onsite

Entry, Mid Level

$75K/yr - $95K/yr

2+ years exp

CFS is a well-established company in a resilient industry, and they are seeking a detail-oriented and analytical Cost Analyst to support their finance and operations teams. This role will focus on analyzing and managing product and operational costs, tracking manufacturing costs, and providing insights to support pricing and profitability decisions.

Human ResourcesStaffing Agency

Growth Opportunities

Responsibilities

Analyze and report on product and manufacturing costs, including materials, labor, and overhead

Develop and maintain standard cost models and assist in cost rollups

Monitor cost variances and partner with operations to investigate and resolve discrepancies

Support the month-end close process with inventory valuation, cost of goods sold (COGS), and journal entries

Assist in preparing cost forecasts, budgets, and variance analyses

Track key performance indicators (KPIs) related to production efficiency, waste, and cost trends

Work cross-functionally with manufacturing, engineering, and procurement teams to optimize cost performance

Ensure accurate data in ERP systems related to bills of materials (BOMs), routings, and inventory

Assist with audits and ensure compliance with internal policies and accounting standards

Qualification

Cost analysisStandard costingERP systemsFinancial analysisGAAP knowledgeAnalytical skillsAttention to detailCommunication skills

Required

Bachelor's degree in Accounting, Finance, or a related field

2–4 years of experience in cost analysis, cost accounting, or financial analysis (manufacturing experience preferred)

Strong understanding of standard costing, BOMs, and variance analysis

Proficient in Excel and ERP systems (e.g., SAP, Oracle, JD Edwards, NetSuite)

Strong analytical skills and attention to detail

Ability to communicate financial information to non-financial stakeholders

Knowledge of GAAP and cost accounting principles

Benefits

Key Business Role: As a Cost Analyst, you’ll play a vital role in driving cost transparency and supporting strategic decision-making across the organization.

Industry Stability: Join a well-established company in a resilient industry with consistent demand and long-term growth prospects.

Professional Development: Gain valuable exposure to both financial and operational functions, with opportunities to grow into broader roles in finance or operations.

Supportive Team Culture: Work in a collaborative, results-driven environment where your insights are valued and your contributions make a difference.