Cost Analyst
Job in
Vernon Hills, Lake County, Illinois, 60061, USA
Listed on 2026-01-26
Listing for:
CFS
Full Time
position Listed on 2026-01-26
Job specializations:
-
Finance & Banking
Financial Analyst, Financial Reporting, Accounting & Finance
Job Description & How to Apply Below
Overview
We are seeking a detail-oriented and analytical Cost Analyst to support our finance and operations teams by analyzing and managing product and operational costs. This role will play a key part in tracking manufacturing costs, evaluating cost efficiencies, and providing data-driven insights to support pricing, budgeting, and profitability decisions.
CompensationSalary: $75,000 to $95,000
Why Work Here- 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.
- 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
- 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, Net Suite)
- Strong analytical skills and attention to detail
- Ability to communicate financial information to non-financial stakeholders
- Knowledge of GAAP and cost accounting principles
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