Sr. Cost Accountant

Essential Job Duties and Responsibilities

• Develop standard cost for manufactured and purchased parts by considering applicable external and internal costs and material rates.
• Perform standard cost review annually by updating material, labor and overhead rates, reviewing simulating cost, correcting errors and verifying inventory analysis for accuracy.
• Review and analyze standard variance reporting, investigate discrepancies, and recommend necessary corrective actions.
• Provide internal departments with requested information by defining and developing ad-hoc reporting, analyzing data and providing recommendations based on analysis.
• Actively participate in lean and/or cost reduction teams by providing appropriate reporting, analysis and provide recommendations.
• Review monthly cycle count reports, identify variances and recommend corrective action.
• Track and create Inventory count sheets for cycle counters.
• Create raw material count sheets for cycle counters.
• Assist in reviewing cycle count variances.
• Assist in the monthly closing activities by inputting appropriate journal entries, reconciliation of assigned accounts and recommending corrective actions.
• Perform other duties, assignments, and special projects that may be required.

Position Requirements

• Bachelor's Degree in Accounting is required. Candidates with MBA, CMA or CPA accreditation/licensing are also encouraged to apply.
• Two plus years of cost accounting experience is ideal.
• Experience in a manufacturing organization a plus.
• Highly proficient in Excel with advanced skill level required.
• Daily usage expertise in MS Office Products Suite (Word, PowerPoint, Outlook) required.
• Ad-hoc reporting experience with SQL experience
• JD Edwards experience is preferred
• Power BI is a plus
• Excellent written and verbal communication skills.

Anticipated Salary Range: $70,000 - $85,000

Benefits of Employment

In addition to excellent career growth opportunities, Federal Signal Corporation offers a wide array of benefits including: annual bonus potential, insurance (life, medical, dental, vision), paid holidays, paid vacation, 401(k) with matching contributions and tuition reimbursement. We provide our employees with a smoke-free, drug-free workplace.

About Us

Sold and serviced through a network of more than 100 dealer locations worldwide, Elgin Sweeper products are the sweepers of choice for a variety of general street maintenance, special industrial and airport applications. With more than 100 years of experience, Elgin Sweeper offers municipalities, contractors and industries the most sweeper options in the country, using the latest sweeping technologies—mechanical, pure vacuum, regenerative air, alternative fuel and waterless dust control. Elgin Sweeper is a subsidiary of Federal Signal Corporation’s Environmental Solutions Group. For more information, visit

Federal Signal Corporation (NYSE: FSS) builds and delivers equipment of unmatched quality that moves material, cleans infrastructure, and protects the communities where we work and live. Founded in 1901, Federal Signal is a leading global designer and manufacturer of products and total solutions that serve municipal, governmental, industrial and commercial customers. Headquartered in Downers Grove, IL, with manufacturing facilities worldwide, the Company operates two groups: Environmental Solutions and Safety and Security Systems. For more information on Federal Signal, visit:

The Company is an equal opportunity employer. Qualified applicants will not be discriminated against on the basis of, and will receive consideration for employment without regard to, race, color, religion, national origin, sex, sexual orientation, gender identity, age, disability, genetic information, status as a protected veteran, or any other protected category, characteristic, or trait under applicable law. If you require reasonable accommodation in the application process, contact Human Resources at [email protected]. All other applications must be submitted online.