Cost Accountant

SC Electric Company Chicago , IL 60602

Posted 5 months ago

The Human Energy of S&C

Integrity, enthusiasm, sustained energy. These are the traits that S&C has always looked for and found when seeking people to join our 100% employee-owned team. S&C supports these qualities with a strong package of pay and benefits, excellent education and training programs, a challenging work environment, and broad opportunities for advancement.

Location: Chicago

Address of Location: 6601 N Ridge Blvd, IL, Chicago 60626

Education Requirements:
Bachelor's Desired

Relevant Work Experience

4 to 5 Years


This accountant will play a key role in our F&A team that supports both S&C's Production Operations. The primary duties include cost accounting, inventory coordination and margin analysis. This position reports to the Manager-Cost Accounting.

The responsibilities of this position include, but are not limited to, the following:

  • Assist with the annual physical inventory & cycle count programs.

  • Analyze inventory trends and develop reports which highlight and communicate significant changes.

  • Perform monthly closing activities including analysis of accounts and preparation of journal entries.

  • Provide financial guidance to the Production Operations group on cost accounting questions and issues.

  • Develop and maintain performance metrics for material costs and establish material and labor standards.

  • Analyze data discrepancies and implement changes when needed to improve processes.

  • Forecast and analyze variances and report on findings.

  • Analyze costs of existing and proposed products to identify trends and recommend profitability improvements.

  • Develop and prepare annual audit work papers and assist the auditors in their inquiries.

To select this job as one of interest to you, at a minimum, you must have the following:

  • A Bachelor's Degree in Accounting or Finance or equivalent experience.

  • MBA/CPA preferred.

  • Ability to gather and analyze detailed financial data resulting in recommendations to business leaders.

  • Excellent communication skills (written and verbal) and the ability to work with various stakeholders and cross functional project teams.

  • Strong computer skills: Excel, Word, Access, SAP BusinessObjects, & Oracle ERP.

Relevant Work Experience:

Four years Cost Accounting experience in a manufacturing environment.


  • Physical demands are those normally associated with a regular office environment within a manufacturing environment.

Number of Openings: 1.00

Employment Status: Exempt

Employment Classification: Full Time

Shift: 1

Core Working Hours: 7:30 a.m. - 4:00 p.m.


S&C Electric Company is a global provider of equipment and services for electric power systems. Founded in 1911, the Chicago-based company designs and manufactures switching and protection products for electric power transmission and distribution.

S&C's products help deliver electric power efficiently and reliably. Some are used to switch circuits. Others minimize damage to equipment in the event of a fault or reduce the area of an outage by automatically rerouting power flow; S&C's sophisticated power-quality products can deliver uninterrupted power for an entire facility, for crucial process industries.

In addition, S&C offers a wide range of engineering, laboratory, and testing services for electric utilities and commercial, industrial, and institutional power systems.

S&C provides solutions for customers worldwide. The company has engineering offices and manufacturing facilities in Chicago, Illinois; Franklin, Wisconsin; Alameda, California; Duvall, Washington; Rockville, Maryland; and Orlando, Florida. S&C subsidiaries operate in Toronto, Canada; Curitiba, Brazil; Mexico City and Aguascalientes, Mexico; Wales, United Kingdom; South Yarra, Australia; and Suzhou, China.

Thank you for your interest in S&C Electric Company. S&C has a proud and longstanding tradition of providing equal employment opportunities without regard to race, color, creed, religion, gender, age, sexual orientation, gender identity, national origin, disability, veteran status, or marital status. Further, S&C is committed to taking affirmative action to ensure that qualified females, minorities, veterans, and persons with disabilities can pursue equal employment opportunities. For information regarding equal employment opportunity, please see

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Cost Accountant

SC Electric Company