Cost Accountant I

Wabtec

  • Buffalo Grove, IL
  • $60,700-83,400 per year
  • Permanent
  • Full-time
  • 6 days ago
It’s not just about your career or job title… It’s about who you are and the impact you will make on the world. Because whether it’s for each other or our customers, we put People First. When our people come together, we Expand the Possible and continuously look for ways to improve what we create and how we do it. If you are constantly striving to grow, you’re in good company. We are revolutionizing the way the world moves for future generations, and we want someone who is ready to move with us.Who will you be working with?You'll be joining Wabtec, as a qualified Cost Accountant I, on our Finance Team. You will work with our Wabtec Bus Solutions Cost Accountant Manager performing daily cost maintenance in the EPR system, generating various Inventory reports, assisting with month-end close activities and account reconciliation tasks, and supporting yearly Standards updates and other related activities.How will you make a difference?As an entry-level cost accountant within Wabtec Bus Solutions, you will support the business in costing, have excellent organizational and analytical skills while being detail oriented, knowledgeable on operations and identifying problems working under tight deadlines. This will help the company contain costs, identify areas needed for review. This role is critical for the success of the financial processes with regard to inventory, sourcing and cost structureWhat do we want to know about you?We would like to know if you meet the following criteria:Bachelor's Degree (B. S.). Two to four years related cost accounting experience in a manufacturing environment.Computer Skills: To perform this job successfully, an individual should have experience with ERP cost accounting (experience with Oracle is preferred) reporting systems. Advanced user of MS Excel, including pivot tables, lookup tables, etc. Experience in using Power BI and OneStream applications is helpful.What will your typical day look like?
  • Performs required cost maintenance in ERP system daily and reviews pending (current) standard costs monthly against frozen standard cost. Reports on large variations and reviews impact on product margins. Analyzes changes in product design, raw materials, manufacturing methods, or services provided, to determine effects on costs.
  • Reviews bill of materials and routings for accuracy monthly and as needed. Prepares weekly/monthly labor efficiency reports and analyzes routed hours to actuals trends.
  • Generates weekly cycle count reports and monitors compliance with ABC cycle counting program throughout the year. Maintains ABC cycle count codes in ERP system quarterly.
  • Prepares inventory and cost month-end close journal entries, generates monthly inventory reports, updates OneStream reports. Prepares and maintains monthly inventory accounts reconciliation.
  • Supports Physical Inventory auditing team. Supports yearly Material Standards updates, assists in gathering material cost data and identifies areas for cost-accuracy improvements.
What about the physical demands of the job?In office Mon.-Fri.Use a computer for extended periodsOccasionally lift/move up to 10 poundsStand, walk, and navigate facilitiesMust be willing to spend time on the shop floor to gain understanding of the manufacturing process and costsYou may also be asked to perform other duties outside of your function or trade, for which adequate training will be provided if necessary.Relocation assistance may be provided if eligibility requirements are met.Wabtec will only employ those who are legally authorized to work in the U.S. for this opening. Any offer of employment is conditioned upon the successful completion of a drug screen (as applicable) and fitness for duty test (as applicable).#LI-TD1Our job titles may span more than one career level. The salary range for this role is between $60,700.00-$83,400.00The actual salary offered to a candidate may be influenced by a variety of factors, such as: training, transferable skills, work experience, education, business needs, market demands and work location. The base pay range is subject to change and may be modified in the future. More information on offered benefits, which include health, welfare, and retirement, are available at . Other benefit offerings for this role may include an annual bonus, if eligible.Who are we?Wabtec Corporation is a leading global provider of equipment, systems, digital solutions, and value-added services for freight and transit rail as well as the mining, marine, and industrial markets. Drawing on nearly four centuries of collective experience across Wabtec, GE Transportation, and Faiveley Transport, the company has grown to become One Wabtec, with unmatched digital expertise, technological innovation, and world-class manufacturing and services, enabling the digital-rail-and-transit ecosystems.Wabtec is focused on performance that drives progress and unlocks our customers’ potential by delivering innovative and lasting transportation solutions that move and improve the world. We are lifelong learners obsessed with making things better to drive exceptional results. Wabtec has approximately 27K employees in facilities throughout the world. Visit our website to learn more!Our Commitment to Embrace Diversity:Wabtec is a global company that invests not just in our products, but also our people by embracing diversity and inclusion. We care about our relationships with our employees and take pride in celebrating the variety of experiences, expertise, and backgrounds that bring us together. At Wabtec, we aspire to create a place where we all belong and where diversity is welcomed and appreciated.To fulfill that commitment, we rely on a culture of leadership, diversity, and inclusion. We aim to employ the world’s brightest minds to help us create a limitless source of ideas and opportunities. We have created a space where everyone is given the opportunity to contribute based on their individual experiences and perspectives and recognize that these differences and diverse perspectives make us better.We believe in hiring talented people of varied backgrounds, experiences, and styles… People like you! Wabtec Corporation is committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or expression, or protected Veteran status. If you have a disability or special need that requires accommodation, please let us know.

Wabtec