Sr. Material Cost Analyst

Momentive; Assago; On-site; EUR 41,000 - 61,000; Full time

Job summary

Momentive is seeking a Sr. Material Cost Analyst in Italy to lead cost planning and analysis for raw materials and logistics.

You will partner with Operations, Supply Chain, Procurement, and Finance to drive cost visibility, ensure compliance, and support informed decisions. You will advise on material costs, develop improvements for reporting and processes, and manage budgeting, forecasting, and inflation analysis across global operations.

Qualifications

• 4–5 years of progressive finance experience (Finance Analyst, Cost Analyst, Operations Analyst, or similar).
• Strong material cost planning & analysis, budgeting, and financial analysis skills.
• Excellent communication and ability to work with cross-functional teams across time zones.

Responsibilities

• Plan, analyze and drive execution of material cost.
• Analyze raw material purchases and maintain controllership of financials.
• Advise Operations and BU Finance teams on material costs and drive process improvements.
• Deliver accurate financial reporting and analysis to Operations, Supply Chain, and BUs, in line with US GAAP and internal policies.
• Analyze monthly inflation, variances vs standards, and financial reporting of logistics cost; budget material cost and forecast quarterly.
• Design and improve processes for raw material cost reporting and collaborate with partners on projects.
• Review and approve business transactions per delegation of authority with Operations Finance, Procurement & SCM.

Skills

Material Cost Planning

Financial analysis

Budgeting

Communication skills

Cross-functional teamwork

English fluency

Education

CA/MBA finance

Tools

SAP/Business Warehouse

Excel

PowerPoint

Job description

Job Title:Sr. Material Cost AnalystSummary:This highly visible role is responsible for the financial analysis, reporting, forecasting, and controllership of raw material and logistics costs. In this position, you will partner with Operations, Supply Chain, Procurement, and Finance teams to drive cost visibility, improve processes, ensure compliance, and support informed business decisions.Responsibilities Include:Responsible for planning, analyzing, and driving execution of material cost.Analyze Raw Material purchases and maintain accuracy and controllership of financials.Advise Operations and Business Unit Finance teams on material and develop and implement process improvement recommendations to drive efficiencies and cost visibility.Responsible for delivering efficient and accurate financial reporting and analysis to internal clients (Operations/Supply Chain Management, Business Units and Sectors) and ensuring compliance with U.S. GAAP accounting standards and Momentive’s internal financial policies.Responsible for analysis of monthly Inflation, variance vs standard and financial reporting of logistics cost; budgeting process of material cost, quarterly forecasting, and ad hoc estimations.Design and improve process/reporting of Raw Material cost and work with appropriate business partners to deliver on assigned projects.Review and approve specific business transactions as determined by Momentive’s delegation of authority policy, in coordination with Operations Finance Management, Procurement & Supply Chain Management, and Sector and Business Unit Management teams.Qualifications:The following are required for the roleC.A/ MBA finance, accounting, business, or related field.Min. 4-5 years of progressive Finance experience as a Finance Analyst, Cost Analyst, Operations Analyst, or related role.Critical thinking and strategic mindset.Strong Material Cost Planning & Analysis, Financial analysis, Budgeting.Excellent communication skills.Demonstrated ability to work with cross-functional teams in a global environment across different time zones.Fluency in English is mandatory.#LI-KG1The following are preferred for the roleStrong working experience using SAP/Business Warehouse.Advanced MS Excel (Filters, Pivots, Dynamic Charts, Formulas, VLOOKUP), and MS PowerPoint experienceWorking knowledge of accounting processes, procedures and internal controls including Sarbanes-Oxley Act; U.S. accounting rules and regulations including historical cost, revenue recognition, matching and full disclosure principles.What We Offer:Base Pay Range: €41.300 - €60.610Compensation for this role will be competitive and aligned with market practices in the respective location and, where applicable, with the provisions of the applicable National Collective Labor Agreement (CCNL), including relevant sector agreements (e.g., the Chemical Industry agreement or, for executive roles, the agreement for Executives of Companies Producing Goods and Services in Italy). Actual pay is determined based on several factors, including but not limited to experience, education, skills, and geographic location. Where applicable, country-specific salary ranges will be communicated during the hiring process in line with local pay transparency regulations. If you are interested in this position, we’d ask that you apply! #BePartoftheSolutionThis role may also be eligible for variable incentive compensation. Any such incentives are governed by the terms of the Company’s applicable plans and are based on company performance and/or individual performance.At Momentive, we value your well-being and offer competitive total rewards and development programs. Our inclusive culture fosters a strong sense of belonging and provides diverse career opportunities to help you unleash your full potential. Together, through innovative problem-solving and collaboration, we strive to create sustainable solutions that make a meaningful impact.About Us:Momentive is a premier global advanced materials company with a cutting-edge focus on silicones and specialty products. We deliver solutions designed to help propel our customer’s products forward—products that have a profound impact on all aspects of life, around the clock and from living rooms to outer space. With every innovation, Momentive creates a more sustainable future. Our vast product portfolio is made up of advanced silicones and specialty solutions that play an essential role in driving performance across a multitude of industries, including agriculture, automotive, aerospace, electronics, energy, healthcare, personal care, consumer products, building and construction, and more.Momentive believes a diverse workforce empowers our people, strengthens our business, and contributes to a sustainable world. We are proud to be an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any characteristic protected by law.To be considered for this position candidates are required to submit an application for employment and be of legal working age as defined by local law. An offer may be conditioned upon the successful completion of pre-employment conditions, as applicable, and subject to applicable laws and regulations.Note to third parties: Momentive is not seeking or accepting any unsolicited assistance from search and selection firms or employment agencies at this time.