Cost Accounting Supervisor
Novolex · Lake Forest, IL · Yesterday
AccountingFull-time
Role Summary
The Cost Accounting Supervisor will lead day-to-day cost accounting execution, supervise a two-person team, and serve as the first level of review and escalation for recurring accounting processes. This role is responsible for ensuring accurate, timely, and well-controlled accounting activities across close, reconciliations, reporting, inventory, freight, accruals, and intercompany accounting.
What You’ll Do
- Lead Cost Accounting Close & Review
- Oversee monthly, quarterly, and year-end close activities for assigned cost accounting areas.
- Review journal entries, reconciliations, accruals, freight, inventory activity, intercompany transactions, and support schedules.
- Ensure close deliverables are accurate, timely, well-documented, and aligned with internal controls.
- Serve as the Team Lead
- Manage and coach one Senior Cost Accountant and one Staff Accountant.
- Assign work, review deliverables, provide feedback, and ensure clear ownership of recurring processes.
- Serve as the first escalation point for accounting, data, process, and reconciliation questions.
- Own Day-to-Day Accounting Execution
- Take ownership of routine cost accounting processes and recurring deliverables.
- Monitor deadlines, resolve issues proactively, and ensure the team operates with discipline and accountability.
- Strengthen consistency across close checklists, account reconciliations, reporting packages, and review processes.
- Drive Controls & Process Improvement
- Maintain strong documentation and audit-ready support.
- Identify opportunities to improve efficiency, reduce rework, and standardize recurring processes.
- Support process alignment and scalability as the cost accounting function continues to evolve.
What We’re Looking For
- Education & Experience
- Bachelor’s degree in accounting, Finance, or related field.
- 4–6+ years of relevant accounting experience.
- Cost accounting, inventory accounting, manufacturing accounting, or operations accounting experience preferred.
- Prior supervisory, team lead, or review experience preferred.
- Technical Skills
- Strong understanding of inventory, COGS, accruals, reconciliations, intercompany activity, and month-end close.
- Experience reviewing journal entries, reconciliations, and supporting schedules.
- Strong Excel skills and ability to analyze large data sets.
- ERP experience required; SAP experience strongly preferred.
Company Benefits
- Medical, dental, and vision insurance.
- Comprehensive training and development programs.
- Focused Giving Program supporting sustainability initiatives and food/hunger needs.
- Community engagement opportunities.
- Equal employment opportunity policy.