Job Detail

Cost Accountant - Illinois Tool Works, Inc.
Cincinnati, Ohio
Posted: Mar 23, 2022 02:27

Job Description

ITW Evercoat is a global leader in the manufacture of professional collision repair and professional car care products. ITW Evercoat is a division of Illinois Tool Works Inc within the Polymers and Fluids segment. We are known for our unique 80/20 business model and core values of Integrity, Respect, Trust, Shared Risk and Simplicity. Illinois Tool Works (ITW) is a Fortune 200 Company headquartered in Glenview, IL. The ITW Evercoat division is based out of Cincinnati, OH.

The Cost Accountant will give manufacturing accounting support including maintaining the processes and controls associated with manufacturing costs and inventory valuation. Responsible for gathering and analyzing cost expenditures to identify inconsistencies in operational costs and advise practices to improve cost efficiency. This position reports to the Accounting Manager and works within a team of accounting and finance professionals.

Essential Duties and Responsibilities :

  • Works closely with operations team to analyzes changes in product design, raw materials, manufacturing, and labor methods to determine effects on costs.

  • Oversees inventory reconciliation through physical/cycle counting, documentation, and record retention.

  • Review costs for all external inventory, labor, and material purchases and recommend costs and cost savings

  • Develop and maintains standard costs of finished goods and production components such as labor, overhead rates based on budget

  • Assists in reporting to compare standard vs. actual production costs and recommends improvements

  • Work within JDE to provide financial support and reporting

  • Validate revenue and cost of goods sold as part of the month-end close

  • Assist in internal audits and general ledger preparation

  • Other duties may be assigned.

Education and Experience:

  • Bachelor's Degree in Accounting, Finance, business administration or related field.

  • CMA certification preferred

  • 3-5 year of relevant experience inventory/management accounting experience, preferably supporting a manufacturing operation/business.

Qualifications and Skills:

  • Working knowledge of general ledger functions

  • Robust professional communication skills

  • Strong team contributor

  • Excellent skills with Excel and entire Microsoft Office Suite

  • Experience with accounting software (JDE or another full-scale ER software)

  • Strong knowledge of US GAAP

  • Detail oriented, with accurate and precise attention to detail.

Physical Requirements:

The inability to perform any of the following physical requirements does not preclude an applicant from consideration unless, following an individualized analysis, it is determined that the physical requirement is an essential job function and the applicant is unable to perform such function with or without reasonable accommodation. Please refer to the Essential Duties and Responsibilities.

ITW is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.

All your information will be kept confidential according to EEO guidelines.

ITW is an equal opportunity employer. We value our colleagues' unique perspectives, experiences and ideas and create workplaces where everyone can develop their careers and perform to their full potential.

As an equal employment opportunity employer, ITW is committed to equal employment opportunity and fair treatment for employees, beginning with the hiring process and continuing through all aspects of the employment relationship.

All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status or any other characteristic protected by applicable federal, state, or local laws.

ITW is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.



Job Detail


Company Overview

Illinois Tool Works, Inc.

Cincinnati, Ohio