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Cost Accountant (Remote) Illinois Residents Only Job at Pacific Cycle

Pacific Cycle Olney, IL 62450

Join Our Team!
Big companies don't make great bikes. Great people do.
Pacific Cycle delivers some of the biggest names in outdoor recreation - Schwinn & Mongoose. Our culture is as fun and lively as the lifestyle brands we represent where innovative ideas are welcome and customer satisfaction is top priority. Now's the time to join the ride!
Headquartered in Wisconsin, Pacific Cycle also has locations in Illinois, Georgia, and California. Opportunities at Pacific Cycle span from traditional inventory, fulfillment and delivery to specialized strategy, engineering, analytics, leadership, and logistics. Our network paired with a continued commitment to and investment in our people, process, platforms and the consumer are the foundation on which we build our bright future. We offer competitive total compensation, generous time off, incredible product discounts, and a fun working environment!
At Pacific Cycle, we are connected by four core values which serve as the basis for a strong future.

  • Passion to Perform: We share a passion to perform. We focus on real results. We finish what we start, and we go that extra mile. We don't give up.
  • Trust to Act: We're trusted to do a good job, and we deliver it. We use that freedom to apply our talents and qualities for the best results.
  • Care & Act Responsibly: We're responsible for all our actions, and we consider the consequences for our stakeholders and the environment. We're honest, open, and direct.
  • Make it Fun: Enjoying your job is a serious business! We're open, informal, and cheerful. We allow everyone to be who they are.

We have an exciting opportunity for a full-time Cost Accountant to join our team! This role will be considered for remote work for candidates located in Illinois only.
The Cost Accountant is responsible for maintaining standard costs, preparing and analyzing schedules for inventory, management, and variance reporting for a manufacturing and distribution facility. Responsible for supporting the monthly Financial Closing process of a multi-company, multi-country, multi-currency environment in a fully integrated SAP ERP system. Assist business owners of the financial accounting, FP&A, and other functions of Pacific Cycle as necessary.
Below are some (but not all) of the key responsibilities of the role:

  • Supports Operations by developing and maintaining standard costs and PO conditions in SAP allowing for accurate analysis, cost recognition, and valuation of inventory
  • Reviews intercompany profit in inventory eliminations and prepares adjustments for accurate consolidated financial reporting
  • Coordinates and assists in inventory related projects and process improvements
  • Generate PPV reports and analyze findings to communicate to management, recommending improvements when appropriate
  • Royalty reporting: Analysis of monthly & quarterly royalty reporting, including calculating amount due, submitting reports to licensors, and submitting payment requests to AP; evaluate royalty contracts to ensure compliance; provide support for royalty audits
  • Assists with gathering information for internal and external audits, including inventory audits, which may require travel
  • Prepares and enters journal vouchers in an accurate, efficient, and timely manner
  • Prepares obsolete inventory reserve analysis, communicates to management, and recommends adjustments
  • Completes surplus and close-out inventory reporting and communicate to management to assist in decision-making related to excess and obsolete inventory disposition
  • Completes accurate balance sheet reconciliations within designated due dates to ensure appropriateness of balances
  • Provides month-end inventory reporting, including perpetual reconciliations to the general ledger to ensure financials are properly stated
  • Assists with monthly and quarterly financial reporting, adhering to schedules and deadlines

Key Competencies
Organizing & Planning* | Adaptive | Motivated & Persistent | Problem Solving & Decision Making | *Results Orientation
Essential Qualifications

  • Bachelor's degree in Accounting or Finance
  • Knowledge of finance and accounting principles
  • Strong cost systems background
  • Experience working with engineering and manufacturing personnel on the development and analysis of cost standards
  • Advanced skills in Microsoft Office, Excel, and Word; proficient in PowerPoint and Outlook
  • Team player with good analytical problem-solving, plus excellent written and verbal communication skills
  • Must possess good interpersonal/relationship skills – must cooperate and communicate effectively with co-workers and outside contacts
  • Ability to prioritize and manage multiple projects
  • Experience with SAP and IFRS is highly preferred
  • Experience working in an Accounting environment with a focus on information systems and financial applications
  • This position may travel 10% or less, to conduct inventory testing, where applicable at US locations

#LI-MW1

We are an Equal Opportunity Employer. All persons shall have the opportunity to be considered for employment without regard to their race, color, religion, national origin, ancestry, alienage or citizenship status, age, sex, sexual orientation, gender, gender identity, gender expression, marital status, disability, military service and veteran status, pregnancy, childbirth, and related medical conditions, or any other characteristic protected by applicable federal, state or local laws. For additional information, please click here. We will endeavor to make a reasonable accommodation for the known physical or mental limitations of a qualified applicant with a disability unless the accommodation would impose an undue hardship on the operation of our business. If you believe you require such assistance to apply for a role with or participate in the hiring process with the Company, please let us know.

Job Type: Full-time




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