Manager, Cost Accounting

About the role

Life Fitness / Hammer Strength is seeking a Manager, Cost Accounting to join our team. This is a hybrid position based out of our Global Support Center in Rosemont, IL. Monday and Friday are remote, with Tuesday through Thursday designated as in-office collaboration days.

Responsibilities

• Create, maintain, and update product costs in Oracle.
• Participate in the annual frozen cost update by reviewing current material costs, applying the fixed and variable manufacturing overhead rates provided by the manufacturing controller, and reviewing pending cost adjustments as necessary.
• Manage the nightly Oracle cost update processes to ensure costs update as expected, suggesting and ultimately making changes to processes as required.
• Work with project managers to calculate new product costs in ad hoc worksheets and in Oracle as applicable.
• Participate in global projects and initiatives as a finance representative, driving change in current processes.
• Prepare reports, trend analyses, and analytics, including inventory analysis and the global inventory package / inventory turns.
• Assist in the timely and accurate closing of the monthly, quarterly, and annual consolidation cycle, including journal entries, account reconciliations, and related reporting packages.
• Reconcile showroom inventory and address any variances.
• Perform detailed purchase price variance (PPV) analysis, reviewing large PPVs and working with commodity managers to validate invoice prices and inventory valuation.
• Age in transit inventory and follow up on aged in transit records with the appropriate warehouse personnel.
• Serve as a primary contact for Manufacturing, Supply Chain, CSS, Engineering, IT, and Finance across multiple manufacturing facilities, and interact with external auditors, systems consultants, and all levels of management to accomplish tasks and communicate results.
• Perform other related duties as assigned.

Requirements

• Minimum Bachelor’s degree in Accounting or Finance; CPA or CMA preferred.
• 7+ years of progressive cost accounting experience, including demonstrated ownership of standard costing processes in a manufacturing environment.
• Demonstrated ability to analyze complex data sets and provide valuable, relevant insight to the business.
• Intermediate to advanced knowledge of automated systems and applications used in manufacturing and accounting (Oracle preferred).
• Advanced Excel skills and proficiency across Microsoft Office products.
• Experience with data warehouses; Oracle Business Intelligence (OBI) preferred.

Qualifications

• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Ability to work effectively in a fast-paced, dynamic environment.
• Proven ability to manage multiple projects simultaneously.

Skills

• Strong understanding of cost accounting principles and practices.
• Experience with ERP systems such as Oracle.
• Proficiency in Microsoft Office Suite.
• Knowledge of data warehousing and BI tools.
• Ability to work collaboratively with cross-functional teams.

Benefits

Life Fitness / Hammer Strength offers a comprehensive package of benefits for full-time team members, including:

• A 401(k) savings plan with 4% employer match.
• Medical, dental, and vision insurance.
• Paid time off, including 12 paid holidays throughout the calendar year, paid vacation days beginning at 13 days annually, paid sick leave as provided under state and local paid sick leave laws, company paid short-term disability and optional long-term disability, health savings account, health care and dependent care reimbursement accounts, employee and dependent life insurance and supplemental life and AD&D insurance, hospital indemnity; identity protection, legal services, adoption assistance, tuition assistance, commuter benefits, employee discounts, and an employee assistance program that includes free counseling sessions.

Pay

The salary range for this position, intended for U.S. applicants, is $93,000 - $135,900 annually. The actual salary will vary based on applicant's education, experience, skills, and abilities.

Schedule

This is a hybrid position based out of our Global Support Center in Rosemont, IL. Monday and Friday are remote, with Tuesday through Thursday designated as in-office collaboration days.