Cost Analyst

CFS

Vernon Hills, IL

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JOB DETAILS
SALARY
$75,000–$95,000
SKILLS
Accounting, Accounting Standards and Regulations, Analysis Skills, Bill of Materials (BOM), Budgeting, Communication Skills, Cost Accounting, Cost Analysis, Cost Control, Cost Forecasting, Cost Modeling, Cross-Functional, Data Quality, Decision Support, Detail Oriented, ERP (Enterprise Resource Planning), Finance, Financial Analysis, Financial Operations, Generally Accepted Accounting Principles (GAAP), J D Edwards, Maintain Compliance, Manufacturing, Manufacturing Analysis, Manufacturing Cost, NetSuite, Operational Audit, Oracle, Performance Analysis, Performance Metrics, Performance Tuning/Optimization, Pricing, Product Costing, Product Management, Profit & Loss, Purchasing/Procurement, SAP, Standard Costing, Standards Development, Team Player, Variance Analysis
LOCATION
Vernon Hills, IL
POSTED
3 days ago

Cost Analyst
$75,000 to $95,000

Overview:

We are seeking a detail-oriented and analytical Cost Analyst to support our finance and operations teams by analyzing and managing product and operational costs. This role will play a key part in tracking manufacturing costs, evaluating cost efficiencies, and providing data-driven insights to support pricing, budgeting, and profitability decisions.

Why Work Here:

  • Key Business Role: As a Cost Analyst, you’ll play a vital role in driving cost transparency and supporting strategic decision-making across the organization.

  • Industry Stability: Join a well-established company in a resilient industry with consistent demand and long-term growth prospects.

  • Professional Development: Gain valuable exposure to both financial and operational functions, with opportunities to grow into broader roles in finance or operations.

  • Supportive Team Culture: Work in a collaborative, results-driven environment where your insights are valued and your contributions make a difference.

Key Responsibilities:

  • Analyze and report on product and manufacturing costs, including materials, labor, and overhead

  • Develop and maintain standard cost models and assist in cost rollups

  • Monitor cost variances and partner with operations to investigate and resolve discrepancies

  • Support the month-end close process with inventory valuation, cost of goods sold (COGS), and journal entries

  • Assist in preparing cost forecasts, budgets, and variance analyses

  • Track key performance indicators (KPIs) related to production efficiency, waste, and cost trends

  • Work cross-functionally with manufacturing, engineering, and procurement teams to optimize cost performance

  • Ensure accurate data in ERP systems related to bills of materials (BOMs), routings, and inventory

  • Assist with audits and ensure compliance with internal policies and accounting standards

Qualifications:

  • Bachelor’s degree in Accounting, Finance, or a related field

  • 2–4 years of experience in cost analysis, cost accounting, or financial analysis (manufacturing experience preferred)

  • Strong understanding of standard costing, BOMs, and variance analysis

  • Proficient in Excel and ERP systems (e.g., SAP, Oracle, JD Edwards, NetSuite)

  • Strong analytical skills and attention to detail

  • Ability to communicate financial information to non-financial stakeholders

  • Knowledge of GAAP and cost accounting principles


    #LI-TA1


MaxSalary: USD95000
MinSalary: USD75000

About the Company

C

CFS

Founded by CPA firms in 1994, Creative Financial Staffing has spent over 30 years helping job seekers and employers succeed. In fall 2025, we rebranded as CFS—a name that reflects our full range of expertise while staying true to the trusted company you know.

CFS is the industry’s leading employee-owned staffing firm, connecting top talent in accounting, finance, technology, and human resources. We provide skilled professionals on both a temporary and permanent basis across diverse industries, leveraging our extensive network to match the right people with the right opportunities.

Our dedication to excellence extends to our award-winning culture, recognized repeatedly for growth, recruiting, workplace environment, and employee support. Honors include Forbes’ “America’s Best Recruiting and Temporary Staffing Firms,” Staffing Industry Analysts’ top U.S. staffing rankings, FlexJobs’ Top 100 Companies for Remote and Hybrid Work, Top Workplaces USA, Newsweek’s Best Practices awards, and more.

COMPANY SIZE
500 to 999 employees
INDUSTRY
Financial Services
FOUNDED
1994
WEBSITE
http://www.cfstaffing.com/