Senior Cost Accountant

Yaskawa America, Inc.

- Drives & Motion Division is a U.S.-led and managed corporation, created to provide Automation Solutions and Support to our customers in North America, Central America, and South America.

Yaskawa is the world's largest manufacturer of AC Inverter Drives, Servo and Motion Control, and Robotics Automation Systems.

Products are marketed through direct sales, partners, representatives, dealers, and distributors.

Yaskawa America, Inc.

- Drives & Motion Division is a wholly-owned corporation of Yaskawa Electric Corporation of Japan.

Since 1915, Yaskawa Electric has served the world needs for products to improve global productivity through Automation.

If you are a high achieving cost accountant looking for a role that allows you to make an impact; Yaskawa may have the perfect role for you!

Yaskawa is currently seeking a Cost Accountant based in our Illinois or Wisconsin facilities.

The cost accountant will have responsibility for the performance of daily plant accounting procedures and analysis in order to provide senior management detailed, timely reporting to enable sound decision making and improve the overall profitability of the business.

More specifically, this role

Cost Analysis and Reporting:


* Track and analyze inventory costs, labor costs, and overhead for Yaskawa products.


* Oversee inventory accounting and reconcile physical inventories with financial records.


* Ensure accurate inventory valuation and reporting and analyze inventory variances.


* Develop and maintain accurate cost-of-goods (COGS) models for existing and new products.


* Monitor production costs and identify opportunities for efficiency and cost savings.

Budgeting and Variance Analysis:


* Compare actual costs and project progress against budgets and forecasts.


* Identify variances and perform root cause analysis to explain discrepancies.


* Provide recommendations to management to address variances and improve cost performance.


* Assist in annual plant budget preparation, including calculating product overheads and updating material costs.

Project Accounting:


* Collaborate with project managers to track project milestones and costs.


* Ensure accurate cost allocation to specific projects and products.


* Provide financial insights to ensure projects are delivered within budget.

Budget Preparation and Monitoring:


* Assist in the preparation of budgets, forecasts, and financial planning.


* Monitor actual performance against budgeted figures, identify variances, and analyze the reasons behind them.

The successful candidate will have a Bachelor's degree in Accounting.

A CPA, CMA or CGMA is a plus, however not required.

Candidates need to have 3+ years of general accounting experience and 2+ years of cost accounting experience.

The ideal candidate will have SAP experience along with strong analytical, communications, PC and interpersonal skills.


* 3 - 5 years of overall experienc...