Hybrid Senior Cost Accountant bei Permag

Permag is a leading provider of engineered magnetic solutions through its portfolio of specialized brands—Dexter Magnetic Technologies, Electron Energy Corporation (EEC), and Magnetic Component Engineering (MCE). With deep expertise in rare earth materials precision magnetics, and manufacturing excellence, Permag delivers innovative, high-performance solutions for the world’s most demanding industries.

Basic Purpose and Objective of the Position

Senior Cost Accountant provides leadership and full technical support for all cost-related activities including cost variance analysis and management, inventory analysis and reporting, budgeting, accounting practices and providing assistance and support in the development of lean manufacturing processes and enhanced cost allocation systems in cooperation with other departments. Job costing is an integral function in our company as many of our products are manufactured to our customers’ specification.

While the primary responsibility will be for Permag’s largest operation—Dexter, in Elk Grove Village, IL—the role will oversee cost accounting policies and procedures at Permag’s other two operations.

This position also provides financial analysis and support to the Controller and CFO and divisional Presidents.

Major Responsibilities – reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions:

• Coordinate and assist in directing the monthly close, quarterly forecast, annual budget and other investment and planning activities of all or part of the organization.
• Develop, maintain, and publish meaningful business analysis to assist management in decision making and aiding company in achievement of goals and objectives including:
  • Sales and margin trends / forecasts
  • Product Line, Customer, Industry cost and margin analysis
  • Variance analysis to budget, FY and forecast for material, labor and overhead.
• Producing and maintaining labor and overhead rates
• Inventory valuation, turns, and reserve analysis.
• Produce/track business key performance indicators.
• Ensure control over inventory through audit and support of cycle count program and annual physical inventories.
• Financial liaison as participant in lean events and support cost saving, margin enhancement activities
• Support production and sales functions in attaining and measuring initiatives in cost reduction, margin enhancement and working capital improvement.
• Improve controls and business processes including defining, documenting, and implementing new policies as identified.

Salary Range: $120,000-$135,000

Education and Experience

• Bachelor’s degree in Accounting or Finance required.
• CPA/CMA certification(s) preferred
• Minimum 5 years of public accounting or general accounting experience, and 5 years in Cost Accounting

Essential Skills

• Strong systems/ERP experience/exposure
• Proficient with MS Office, specifically Excel, report writing and/or data mining software
• Goal and deadline driven; excellent time management skills and the ability to prioritize daily work and projects and achieve results
• Strong verbal, listening and written communication skills – including ability to present financial information to all levels of the organization and ability to partner across departments
• Detail oriented yet able differentiate/prioritize the relevant from non-relevant

We offer a comprehensive benefits package, including Medical/Rx, Dental, Vision, Flexible Spending Accounts, Basic Life/AD&D (includes coverage for dependents 100% Company paid), Short-Term Disability, Long-Term Disability (100% Company paid), Supplemental Life/AD&D, 401(k) with Company match, tuition assistance after 1 year, paid time off, and 11 paid holidays.