Cost Accounting Manager

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

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 : 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.

Skills :

Experience : 5+ years of experience in cost accounting is preferred.

Experience in manufacturing is a plus.

Strong understanding of cost accounting principles and practices.

Proficiency in accounting software, NetSuite preferably, and Microsoft Office Suite.

Excellent analytical and problem-solving skills.

Strong attention to detail and accuracy.

Ability to manage multiple priorities and meet deadlines.

Strong communication and interpersonal skills.