Cost Accountant

OSI Group
Batavia, IL Full Time
POSTED ON 3/25/2023 CLOSED ON 1/8/2024

What are the responsibilities and job description for the Cost Accountant position at OSI Group?

This position is responsible for creating data analysis and tracking tools as it relates to operations including labor, yields, material usage and overhead. Manage and maintain cost standards and BOM’s.

  • Maintain weekly, monthly and quarterly pricing files; uploading information to SAP as necessary.
  • Prepare daily and weekly production reports to include: profit and loss statements, labor hour analysis, yields and cost savings progress against plan.
  • Collect data and conduct analysis to develop costing profiles for new products in order to determine production viability and profitability.
  • Participate in a variety of audits, including financial and inventory, by collecting required documentation, performing physical counts, and other activities as directed.
  • Track the flow of inventory through the SAP system. Work with manufacturing to ensure cycle counts are accurate and reconciliations of staging areas are complete.
  • Maintain and develop SAP costing for customer products.
  • Responsible for ensuring timely and accurate monthly closing. Prepare all standard month-end journal entries and, review all costing runs, and work closely with corporate SAP team to validate system data.
  • Participate in the preparation of annual budgets and prepare ongoing monthly and year-to-date budget analysis for management review, analysis and decision making.
  • Provide budget product cost review/analysis support.
  • Produce various weekly/period/quarterly analysis and variance reports for Plant Management review.
  • Demonstrate Lean thinking and participate in facility problem solving.
  • Daily Finished goods monitoring, cases discrepancy reconciliation and process order confirmations
  • Assist in the preparation of presentations, reports, and memos utilizing full knowledge of Microsoft Word, PowerPoint, and Excel.
  • Review invoices for accuracy, prepare check requests or purchase orders manually or through financial system as appropriate; obtain approvals and ensure timely payment.
  • Prepare month end general accruals and account reconciliations and perform a variety of other routine accounting tasks that support forecasting, budgeting, and internal control activities.
  • This role has the responsibility to understand and places in practice appropriate safety procedures. This responsibility is achieved through education, training, use of protective equipment (as applicable) and by following safety policies, regulations, standards and laws.
  • Perform other duties as assigned.



Required Skills
Required Skills:
  • Bachelor’s Degree in Finance or Accounting is preferred.
Required Experience:
  • 2 years of manufacturing cost systems experience preferred.
  • Strong analytical and communication skills required.
  • Excellent interpersonal skills. Must be able to interact and communicate with individuals at all levels of the organization.
  • Proficient with Microsoft Office applications including Excel, Word, and PowerPoint.
  • Proficient knowledge of ERP systems, preferably SAP.
  • Proficient knowledge of cost accounting principles.
  • Basic knowledge of financial analysis.
  • Must be able to work in a fast-paced environment with demonstrated ability to juggle multiple competing tasks and demands.
  • Excellent verbal and written communication skills.
  • Ability to be resourceful, demonstrate business acumen, creative thinking skills and be able to act as a decision maker.
  • Maintain confidentiality of personnel and payroll information.
  • Position requires the physical agility to perform continuous lifting up to 15 pounds, bending, squatting, pushing, pulling, stretching/reaching, use hands or fingers, talk, hear, feel objects, tools, controls and standing/walking on concrete flooring.
  • Work is generally performed within a business professional office environment, with standard office equipment available.
  • Position requires the physical ability to stand/walk for duration of required work hours.

OSI Industries is an Equal Employment Opportunity employer that believes everyone has the right to be treated with dignity and respect. OSI does not discriminate on the basis of national origin, gender, race, color, religion, pregnancy, gender identity, sexual orientation, protected veteran status, disability, or any other characteristic protected by applicable law. All applicants will receive consideration for employment based on merit, qualifications, and business needs. OSI participates in the E-Verify program.

#CB




Required Experience

Salary : $41,100 - $52,000

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