Basic Function: The Cost Analyst position is accountable for the ongoing analysis of process constraints, target costing projects, margin analysis, and tracing costs back to underlying activities. The Cost Analyst must also construct and monitor those cost-effective data accumulation systems needed to provide an appropriate level of costing information to management.
About the Job: 61 Determine standard costs and investigate variances with actual costs 61 Lead the annual standard cost-roll process 61 Review, analyze, update and validate standard cost including bill of materials with deep understanding of the labor and overhead 61 Evaluate standard and actual costs for inaccuracies 61 Measure, monitor and analyze cost reduction projects as compared to expectations 61 Analyze material usage variances, purchase price variances, scrap and inventory evaluation actual vs forecast in support of month-end closing activities 61 Resolve costing discrepancies and irregularities with BOMs 61 Investigate cycle count variances and resolve inventory adjustments 61 Work on special financial projects as required
About You 61 Bachelor’s degree in accounting, finance or equivalent 61 5+ experience with manufacturing companies in positions with responsibility in areas such as cost accounting, profitability analysis and manufacturing cost reductions 61 Understanding of manufacturing standard cost accounting and inventory valuation 61 Demonstrated proficiency in accessing information from ERP systems; JD Edwards and SAP knowledge required 61 Proficiency in Excel for modeling and analysis 61 Experience in partnering with operations to develop and implement cost reduction plans 61 Knowledge of GAAP 61 Fluent English Language An outstanding professional will have: 61 Strategic acumen - ability to consider the big picture and understand business on global scale 61 Teamwork – ability to collaborate with global, cross-functional teams 61 Analytical skills and critical decision skills 61 Good communication skills 61 Ability to pay attention to details and follow through to achieve the desired goals 61 Ability to add value both as an individual contributor and by working through others 61 Ability to support decisions through systemic, fact-based analysis and conclusions 61 Learning agility and ability to define priorities to focus on those that will add the most value. 61 Ability to manage through conflict and differences of opinion. 61 Self directed with an ability to set priorities for this new role