CPS, Inc. · 1 day ago
Cost Accounting Manager
South Elgin, IL
Full-time
Onsite
Mid, Senior LevelCPS, Inc. is seeking a Cost Accounting Manager to oversee inventory standards and financial analysis. The role involves calculating inventory variances, analyzing budgets, and representing accounting in cross-functional teams for various projects.
Recruiting
Hiring Manager
Mike Podlasek
Responsibilities
Calculate and maintain the company’s inventory standards for raw materials, packaging and finished goods
Calculate and record the capitalization of inventory variances - PPV/IPV, over/under absorption
Analyze monthly variances to budget/forecast
Investigate manufacturing related problems and variances, inventory transaction issues, and scrap & cycle count
Organize complex data utilizing advanced Excel and database skills
Represent accounting in cross-functional teams for process/systems implementations, new product launches, special projects
Create and analyze performance metrics
Ad hoc analysis
Prepare balance sheet account reconciliations and roll forwards
Prepare journal entries for monthly financial statements
Ensure and record reasonable estimate of inventory obsolescence reserve
Work directly with audit and tax firms related to inventory accounting
Provide periodic reporting to outside parties, such as banks and government agencies
Continuously improve / streamline / automate work processes, reports, and analyses
Qualification
Required
Calculate and maintain the company's inventory standards for raw materials, packaging and finished goods
Calculate and record the capitalization of inventory variances - PPV/IPV, over/under absorption
Analyze monthly variances to budget/forecast
Investigate manufacturing related problems and variances, inventory transaction issues, and scrap & cycle count
Organize complex data utilizing advanced Excel and database skills
Represent accounting in cross-functional teams for process/systems implementations, new product launches, special projects
Create and analyze performance metrics
Ad hoc analysis
Prepare balance sheet account reconciliations and roll forwards
Prepare journal entries for monthly financial statements
Ensure and record reasonable estimate of inventory obsolescence reserve
Work directly with audit and tax firms related to inventory accounting
Provide periodic reporting to outside parties, such as banks and government agencies
Continuously improve / streamline / automate work processes, reports, and analyses
Company
CPS, Inc.
CPS, inc., a national full-service professional staffing firm providing permanent placement in the areas of accounting, finance, and more.
Founded in 1973
51-200 employees
H1B Sponsorship
CPS, Inc. has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (2)
2024 (7)
Funding
Current Stage
Growth StageLeadership Team
Jim Clark
Partner
Kristine (Major) O’Sullivan
Partner/Sr. Division Manager
Recent News
GlobalFinTechSeries
2023-07-05
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