Senior Cost Accountant

Company: UGN Inc.
Location: Downers Grove
Posted on: May 20, 2023

Job Description:

Founded in 1986 as a partnership between Nittoku and Autoneum, UGN is the preferred producer of high quality acoustic, interior trim, and thermal management products, and a recognized leader in customer satisfaction for the Japanese transplant automotive industry in North America. UGN, with more than $400 million in revenue, has six locations in the United States-Novi, Michigan; Jackson, Tennessee; Monroe, Ohio; Somerset, Kentucky; Downers Grove, Illinois; and Valparaiso, Indiana; as well as a location in Silao, Guanajuato, Mexico-specializing in manufacturing, research, development, testing, and service support. -UGN's corporate headquarters is located in Downers Grove, Illinois. The office is home to 8 departments and 70 team members as well as our senior management team. UGN has a strong, corporate wide focus -on giving back to the community, and as such the team members are proud supporters of -the Make-A-Wish Foundation. UGN recently achieved ranking as a "Best Company to Work for in Illinois" for 4 years in a row. Based on three core values of Respect, Trust and Communication, UGN prides itself on a unique culture that is the UGN Way. -The Senior Cost Accountant is responsible for operations financial reporting. This position applies principles of cost accounting to conduct studies that provide detailed cost information not supplied by general accounting systems. This position is located at our Downers Grove, IL location.Responsibilities:

• Oversees operations financial reporting and prepares a variety of reports for management.
• Develops and maintains spreadsheets to track cost changes.
• Plans studies and collects data to determine costs of business activity, such as raw material purchases, inventory, and labor.
• Identifies ways to streamline reports in order to improve efficiency within the cost accounting department. Presents proposed changes to the Operations Controller and oversees implementation.
• Utilizes a variety of software programs to prepare reports including Business Intelligence, Hyperion, Oracle and Agile.
• Oversees an annual asset physical inventory. Ensures there is a process in place at the plants to document and tag UGN assets.
• Participates in the annual budget process which includes analyzing information and preparing cost estimates for numerous budgeted items. Assists with raw materials budgets and works in cooperation with the materials department at each plant.
• Provides advice and guidance to plant Controllers on operations reporting.
• Analyzes changes in product design, raw materials, manufacturing methods, and/or services provided to determine effect on costs.
• Analyzes actual manufacturing costs and prepares periodic reports comparing standard costs to actual production costs.
• Recommends cost efficiencies in new product layouts.
• Provides management with reports specifying and comparing factors affecting prices and profitability of products or services.
• Provides assistance to the Operations Controller with cost accounting projects.
• Performs other duties as assigned.Qualifications:
  • Bachelor's degree in Accounting or Finance required.
  • At least 7 years experience in cost accounting.
  • Excellent verbal and written communication skills.
  • Ability to multi-task and manage multiple projects simultaneously.
  • Advanced skills with Microsoft Office applications--Word, Excel (pivot tables), Access, and Microsoft Outlook.
  • Proficiency with Manufacturing ERP systems (Oracle preferred).

Keywords: UGN Inc., Downers Grove , Senior Cost Accountant, Accounting, Auditing , Downers Grove, Illinois