Senior Cost Accountant

Posted 2 Days Ago
Be an Early Applicant
Crawfordsville, IN
Senior level
Other • Biotech
The Role
The Senior Cost Accountant will manage cost accounting systems, ensure accurate financial reporting, and support operations. Responsibilities include monitoring variances, leading the cycle count process, preparing financial reports, and coordinating monthly close processes. The role requires strong analytical and leadership skills.
Summary Generated by Built In

If you’re looking for a special place to build or grow your career, you’ve found it. Whether you’re an experienced professional, a recent college graduate or somewhere in between, IDEX is a place where you can apply your existing skills and learn new ones in an environment where you can make an impact.

With interesting opportunities in engineering, marketing, sales, supply chain, operations, HR, finance, and more across more than 40 diverse businesses around the globe, chances are, we have something special for you.

JOB SUMMARY:

This position requires advanced accounting skills, strong communication and partnership with Operations, and understanding of GAAP and SOX. This individual should be energetic and proactive who can consistently meet deadlines and produce accurate financial information. This position will report to the Controller and will be in Crawfordsville.  This position will also have supervisory responsibilities for the Cycle Counting Associates.

RESPONSIBILITIES:

Daily/Weekly:

  • Monitor cost accounting system for errors/weaknesses and pro-actively recommend ideas to improve processes and procedures.
  • Review purchase price and material usage variances for appropriateness and corrective action.
  • Review work order variances, determine cause, and correct variances.
  • Enters costs for any un-costed parts on a timely basis.
  • Own the Cycle Count process; including reviewing and approving cycle counts.
  • Lead and assist with special projects and duties as assigned.

Monthly/Yearly:

  • Prepare regular reports detailing labor hour performance, material purchase price variance, and inflation on purchased material. 
  • Prepare the monthly labor and burden absorption forecast, including meeting with Supervisors and Managers for input.
  • Prepare and review the Direct Material Inflation report monthly.
  • Completes the annual Labor and Burden study.
  • Complete the yearly cost roll process.
  • Lead the month end close process for assigned areas, and assist in other areas.  Including preparing journal entries and balance sheet reconciliations.
  • Participate in the testing and documentation of SOX, including updating current information.
  • Prepare and calculate the annual MIT accrual in accordance with IDEX policy.

Education and/or Experience Requirements:

  • B.S or B.A in Accounting, Finance or other related field.
  • Candidates should have 5+ years of work experience in finance and accounting
  • Experience in manufacturing setting preferred.
  • Cost Accounting experience, including analyzing Cost Components, Labor and Burden rates

Other Special Requirements:

  • Strong leadership, presentation skills, financial analysis, and ability to explain and communicate financial results in an understandable and actionable format for decision-making purposes.
  • Strong computer skills and financial acumen.

Computer Skills:

  • Proficient with Microsoft Office products including, but not limited to, Word, Excel, Teams, and Outlook
  • Proficient with ERP and Reporting Tools with a preference for JDEdwards, OneStream and Webi

Are you ready to join a different kind of company where our people, our culture, and our commitments are centered around providing trusted solutions that improve lives around the world?

IDEX is an Equal Opportunity Employer and Affirmative Action Employer. IDEX gives consideration for employment to qualified applicants without regard to race, color, religion, creed, genetic information, sex, sexual orientation, gender identity or expression, marital status, age, national origin, disability, protected veteran status, or any other consideration or protected category made unlawful by federal, state or local laws (Minorities/Females/Protected Veterans/Disabled).

Attention Applicants:  If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process, please let us know. Likewise, if you are limited in the ability to access or use this online application process and need an alternative method for applying, we will determine an alternate way for you to apply. Please contact our Talent Acquisition Team at [email protected] for assistance with an accommodation. These contact tools may be used only by individuals with a disability for accommodation requests. Do not inquire as to the status of an application.

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The Company
Northbrook, IL
2,112 Employees
On-site Workplace

What We Do

IDEX (NYSE: IEX) is a company that has undoubtedly touched your life in some way. In fact, IDEX businesses make thousands of products that are mission-critical components in everyday activities. Chances are the car you’re driving has a BAND-IT® clamp holding your side airbag safely in place. If you were ever in a car accident, a Hurst Jaws of Life® rescue tool may have saved your life. If you or a family member is battling cancer, your doctor may have tested your DNA in a quest to find the best targeted medicine for you. It’s likely your DNA test was run on equipment that contains components made by our growing IDEX Health & Science team.

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