Cost Accountant

Location: Chicago, ILEmployment Type: Full-TimeReports To: Cost Accounting Manager / ControllerSalary: $65,000 - $80,000 + Bonus PotentialPosition SummaryWe are seeking a detail-oriented and analytical Entry-Level Cost Accountant to join our growing accounting team. This role will support inventory accounting, cost analysis, financial reporting, and manufacturing operations by assisting with the tracking and analysis of production costs, labor expenses, and inventory transactions. This is an excellent opportunity for a recent accounting graduate or early-career accounting professional to develop a strong foundation in cost accounting within a manufacturing environment.Key ResponsibilitiesAssist with monthly inventory reconciliations and cycle count analysis.Support the preparation of cost reports and manufacturing variance analysis.Monitor raw material, labor, and overhead costs to identify trends and discrepancies.Assist with month-end and year-end closing activities.Maintain accurate inventory records and cost accounting data.Analyze production reports and compare actual costs to standard costs.Help prepare journal entries, account reconciliations, and financial schedules.Support budgeting and forecasting processes.Work closely with Operations, Supply Chain, and Finance teams to ensure accurate cost allocation.Assist with internal and external audit requests.Participate in process improvement initiatives to enhance reporting accuracy and efficiency.QualificationsRequiredBachelor's degree in Accounting, Finance, or related field2-5 years of accounting experience, internship experience accepted.Strong Microsoft Excel skills including Pivot Tables, VLOOKUPs/XLOOKUPs, and basic data analysis.Strong analytical and problem-solving abilities.Excellent organizational and communication skills.Ability to manage multiple priorities in a fast-paced environment.