Jobs · Finance · Illinois

Costing Manager

OSI Group · Aurora, IL · 2 wk ago
On-siteFinance$112k/yrFull-time

Job Summary

The Costing Manager is a key leadership role within Operations Finance, responsible for owning and governing the end-to-end finance bill of material and product costing process for OSI North America. This individual will establish and enforce the standards, policies, and procedures that ensure BOM accuracy, product costing integrity, and process consistency across all North America facilities.

Key Process Ownership

  • Drive alignment on new product specifications and formulations; critically evaluate whether specs are complete and costing-ready; determine whether new components are required.

  • Partner on product specifications, ingredient and allergen requirements, and regulatory considerations that impact BOM structure, component selection, and costing assumptions.

  • Oversee definition of production capabilities; validate recommended WIP and finished goods material numbers and ensure they align with the costing structure.

  • Critically assess whether assumptions are reasonable and consistent across facilities producing similar products.

  • Coordinate the creation of new components and new WIP/finished goods materials in SAP; establish and manage due dates; hold stakeholders accountable to timelines.

  • Closely partner on costing of new components and WIP/finished goods materials; validate that standard costs accurately reflect BOM structures and process assumptions; proactively identify and resolve costing discrepancies.

  • Own the finance bill of materials end-to-end. Ensure alignment between the R&D/PLM BOM and the finance BOM. Establish and enforce governance standards for consistency across all North America facilities. Maintain process flow maps. Drive continuous improvement.

  • Build and oversee costing models for new products down to the component level for inventory items including raw materials, gases, oils, and packaging.

  • Lead the collection, validation, and critical assessment of process assumptions regarding yields, waste factors, throughputs, labor, and overhead to ensure new products are costed appropriately.

  • Manage the end-to-end new product costing setup process in SAP, driving cross-functional coordination across R&D, FSQA, the Process Team, Plant Managers, Plant Supply Chain, and Plant Controllers.

  • Hold stakeholders accountable to timelines and deliverables.

  • Build and maintain strong collaborative relationships with Plant Controllers and Plant Managers across all North America facilities to ensure alignment on costing methodologies and BOM accuracy.

  • Partner with FSQA on product specifications, ingredient requirements, and regulatory considerations that impact BOM structure and costing.

  • Serve as the central point of accountability between OSI Corporate and OSI facilities for all finance BOM and costing activities, establishing due dates, tracking progress, escalating issues, and ensuring consistent and accurate information.

  • Lead cross-functional partnerships with Accounting/Finance, Sales, Pricing, Corporate IT, R&D, FSQA, Data Governance, and the Process Team to streamline and continuously improve the BOM creation and costing process.

  • Establish and maintain BOM governance policies and procedures in accordance with OSI company standards; proactively identify gaps and implement process improvements.

  • Participate in and lead portions of new product meetings and management meetings, providing subject matter expertise on costing, BOM structure, and production process implications.

  • Evaluate and recommend changes to methods, systems, and procedures to improve operating efficiency, data quality, and consistency in the BOM and costing process.

  • Support North America business with new ERP implementations as they relate to bill of materials and product costing, including serving as a subject matter expert during system design, testing, and go-live.

Experience & Skills

  • 5-10 years of experience in related field is preferred.

  • 5–8 years of progressive experience in cost accounting, operations finance, or a related field required.

  • Deep understanding of product costing, bill of materials, routing structures, and manufacturing cost flows.

  • Demonstrated critical thinking ability – must be able to independently evaluate assumptions, identify issues, and make sound recommendations rather than simply executing tasks.

  • Proven track record of managing cross-functional processes and influencing stakeholders across multiple functions and organizational levels.

  • Experience building and maintaining strong working relationships with plant-level finance and operations leaders (Controllers, Plant Managers).

  • Demonstrated ability to establish and enforce process standards, identify gaps, and drive continuous improvement in a multi-plant environment.

  • Extensive experience with BOM creation, maintenance, and costing processes in a manufacturing environment.

  • Experience working with dual or parallel BOM structures (e.g., engineering/R&D BOM vs. finance/costing BOM) is strongly preferred.

  • Extensive knowledge of ERP systems required. SAP experience is strongly preferred, including familiarity with SAP Product Lifecycle Management (PLM).

  • Excellent proficiency in all Microsoft Office Suite products.

  • Strong communication, presentation, and interpersonal skills with the ability to influence without direct authority.

  • Detail-oriented and well-organized with a strong ability to manage multiple priorities in a fast-paced environment.

  • Food processing/manufacturing experience is a plus.

  • Strong problem-solving and decision-making abilities.

  • Ability to work independently and lead initiatives in a complex, multi-facility environment with an emphasis on accuracy and timeliness.

Compensation/Benefits

  • Base salary for this position ranges from a low of $111,652 to a maximum of $167,478, with offers typically between the low and middle of the range, based on education, skills, experience and internal equity among other factors.

  • This role is also eligible to participate in the company annual discretionary bonus plan based on company and individual performance.

  • As part of a complete total rewards package, OSI also offers comprehensive paid time off (sick, vacation, holidays and other programs), 401k with matching company contributions, a full suite of benefit offerings (medical, dental, vision, life, disability and other voluntary coverages) for you and your family and educational assistance with opportunities for professional development.

Similar jobs

Costing Manager

FIGSSanta Monica, CA· 2 wk ago
Financeapply on boards.greenhouse.io

Costing Manager

DuPont™ Spectrum™Alpharetta, GA· 11 mo ago
Financeapply on paycomonline.net

Cost Manager

ActalentNew York, NY· 5 days ago
Finance$60–$80/hrapply on ars2.equest.com

Cost Manager

Horse PowertrainSouthfield, MI· 3 mo ago
Financeapply on horse.teamtailor.com

Cost Manager

LinesightSan Francisco, CA· 3 mo ago
Consulting$84k–$112k/yrapply on careers-linesight.icims.com

Cost Manager

Rider Levett Bucknall RLBCharlotte, NC· 2 wk ago
Financeapply on riderlb.rec.pro.ukg.net