Cost Accountant Lead

Job Location: ​Franklin Park​

Company description

Ferrero is a family-owned company with a truly progressive and global outlook and iconic brands such as Nutella®, Tic Tac®, Ferrero Rocher®, Raffaello®, Kinder Bueno® and Kinder Surprise®. As the love for our brands continues to grow, so too does our global reach. Represented in more than 50 countries, with products sold in more than 170, the Ferrero Group is loved by generations around the world. The secret to our global success? 40,000 dedicated employees who celebrate care and quality to craft a business, careers and brands we are proud of. Join us, and you could be one of them.

About the Role:

We are looking for a Cost Accountant Lead to join our growing team in Franklin Park, IL. This role will ensure ongoing analysis of local production performance and efficiencies. This individual will also manage a direct report.

Main Responsibilities:

BUDGET PREPARATION
• Assist the Plant Controller with the preparation of the budget
• Cost center and pool analysis
• Data input in SAP and full execution of Budget cost run
• Data correctness analysis
PRODUCT COSTING
• Preparation of the material standard cost for each new code received throughout the year
• Perform the cost calculation and transfer price of new products received throughout the year
INDUSTRIAL COSTS/ANALYSIS
• Ensure ongoing analysis of progress and variance of resources used in production and production efficiency (includes materials, labor, overtime)
• Prepare the corresponding reports
MONTH END
• Liase with Maintenance, Administration, and Central to meet Group close timelines (Local and Central level)
• Ensure that the monthly costs are posted, requiring the needed accruals
• Execute Month-end close procedure
• Execute Assessments and cycles – correcting and troubleshooting with IT and Central functions if required
MONTHLY VARIANCES
• Create database for Monthly Variances
• Analyze and report variances
• Activate or support action plan to reduce variances
CAPEX & FIXED ASSETS REGISTER
• Monitor and prepare regular (monthly) reporting on the capital project WIP
• Perform needed activities in SAP to prepare and maintain the capex WBS
• Keep actual the asset register when fixed assets are subject to changes
REPORTING
• Preparation of internal weekly reports;
• Preparation of specific budget progress reports pertaining to (OVH, energy, equipment depreciation, destructions, etc.);
• Month-end Reporting Package Preparation
• Communication of Variances and Results to Production AGs, highlighting key trends to UGPs

Who we are looking for:

• Knowledge of SAP
• Strong knowledge of Excel
• Knowledge of production process including phases, cycles, production models and Ferrero information systems related to production
• Economics Background
• Understanding of Costing
• Experience in Inventory Control
• Experience in a Manufacturing environment
• 2+ years of experience in cost accounting

Compensation Data

The base salary range for this position is $80,000 - $100,000 annually. Actual compensation will be determined based on experience, qualifications, and other job-related factors permitted by law. This range represents the anticipated salary for this position at this time.

In addition to base salary, we offer a comprehensive benefits package, including health insurance, retirement plans, paid time off, and other benefits. Learn more about our benefits at

How to be successful in the role and at Ferrero:

Consumers, quality and care are at the heart of everything we do. So, to be successful at Ferrero, you’ll need to be just as consumer and product centric as we are - dedicated to crafting brilliant results for consumers around the world.

Diversity Statement

Ferrero is committed to building a diverse and inclusive culture in which all employees feel welcomed and appreciated and have the same opportunities. We believe all of our people are equally talented in their own way. In nurturing the curiosity and natural abilities of our employees, we provide them, generation after generation, the means to succeed personally and professionally, enabling them to craft their journey at Ferrero. The diversity of our talents is what makes our work environment multicultural, innovative and highly rewarding.

Ferrero N.A. provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics.

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