Cost Accountant - Consumer Goods - Skokie, IL

We are working with an innovative and rapidly growing company in the nutrition and wellness industry to find a highly skilled Cost Accountant. This role is essential in analyzing and optimizing cost structures, overseeing inventory processes, and driving operational efficiency to support strategic business goals. Client Details The Cost Accountant will play a key role in managing product costing, standard cost updates, and inventory reconciliation while ensuring accurate financial reporting. This position requires a strong analytical mindset, attention to detail, and the ability to collaborate with cross-functional teams to drive improvements. Description Develop and maintain product cost models, ensuring accurate standard cost updates. Analyze production costs, material usage, and overhead allocations to identify improvement opportunities. Manage inventory valuation, reconciliation, and variance analysis. Collaborate with operations to ensure accurate reporting and resolve discrepancies. Prepare detailed cost reports to support month-end and year-end closing. Assist with budgets, forecasts, and variance analysis related to cost and inventory performance. Implement and improve internal controls for cost accounting and inventory processes. Provide actionable insights to leadership for cost reduction and operational efficiency. Profile Bachelor's degree in Accounting, Finance, or a related field. 3-5 years of cost accounting experience, preferably in manufacturing or a similar environment. Proficiency with ERP systems and advanced Excel skills. Strong analytical and problem-solving abilities. Knowledge of GAAP and standard costing principles. Attention to detail, excellent communication skills, and a collaborative approach. Job Offer Competitive compensation package. Comprehensive benefits, including health insurance and retirement plans. Professional development opportunities. Flexible work arrangements (hybrid/remote options available). A chance to join a dynamic and purpose-driven team in a growing organization. MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.