Cost Analyst

Hanwha Philly Shipyard; Philadelphia (Philadelphia County); On-site; USD 80,000 - 120,000; Full time

Benefits offered by this job

TOBACCO-FREE facility

Job summary

Hanwha Philly Shipyard is seeking a Finance professional focused on cost analysis to join our team on site in Philadelphia. You will support production management with accurate cost tracking, reporting, and forecasting of direct and indirect expenses, and recommend actions to reduce costs.

Responsibilities include updating cost reports, reflecting budget adjustments, and ensuring alignment with company policies and audit requirements.

Qualifications

• Bachelor's degree in Finance, Accounting or Business required.
• Experience in cost analysis and cost management is required.
• Strong analytical abilities and understanding of cost concepts.
• Proficiency with Microsoft Excel is essential.
• Construction industry and international experience is a plus.

Responsibilities

• Support production management with accurate cost tracking, reporting, and forecasting of production direct and indirect expenses, and recommend actions to reduce cost.
• Update cost reports, including variance analyses related to production direct and indirect expenses on a weekly basis.
• Reflect budget adjustments from approved make-or-buys, owner’s change orders, and other budget transfers in cost reports.
• Ensure all cost reporting aligns with company policies, cost management standards, and audit requirements.
• Support financial audits and ad hoc cost analyses and reports.

Skills

Communication

Analytical thinking

Problem solving

Adaptability

Integrity

Teamwork

Education

Bachelor's Degree in Finance, Accounting, or Business

Tools

Microsoft Excel

Job description

ESSENTIAL FUNCTIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of knowledge, skill, and/or ability required.

• Ensure that all Hanwha Philly Shipyard safety procedures, rules and regulations are followed and met.
• Support production management in accurate cost tracking, reporting, and forecasting of production direct and indirect expenses, and recommend actions to reduce cost.
• Update cost reports, including variance analyses related to production direct and indirect expenses on a weekly basis.
• Reflect budget adjustments from approved make-or-buys, owner’s change orders, and other budget transfers in cost reports related to production direct and indirect expenses.
• Ensure all cost reporting aligns with company policies, cost management standards, and audit requirements.
• Support financial audits.
• Ad hoc cost analyses and reports.
• Perform other related duties as required and assigned.

COMPETENCIES

• Ability to communicate with people of all levels in the organization, verbally and written
• Competence in cost concepts and analytical capabilities in the preparation of cost analyses
• Decision making/problem solving
• Adaptability and organizational skills
• Integrity
• Proficiency with Microsoft Excel
• Willingness and ability to work as a team member

SUPERVISORY RESPONSIBILITY

This position has no supervisory responsibilities.

WORK ENVIRONMENT

Duties performed in an office area environment within a manufacturing facility. Environmental exposures are similar to those found in most heavy industrial settings and may include noise, heat, cold, vibration, dust, fumes and smoke. Work may be carried on indoors or outdoors, and may involve exposure to inclement weather conditions.

• Hanwha Philly Shipyard is a TOBACCO-FREE facility.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. A range of motion sufficient to perform general lifting, carrying, bending, extended walking or standing, etc. is required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

POSITION TYPE/EXPECTED HOURS OF WORK

This is an onsite, full-time, safety-sensitive position. Standard days and hours of work vary by department, days and hours determined by department schedules.

Preferred Education And Experience

• Bachelor's Degree in Finance, Accounting, or Business Discipline or 10 years of experience in a commercial environment
• Experience in cost analysis
• Competence in cost concepts and analytical capabilities in the preparation of cost analyses
• Proficiency with Microsoft Excel
• Construction industry and International experience is a plus

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time or without notice.

Hanwha Philly Shipyard is committed to equal opportunity for all applicants. The recruitment, selection, employment and training of employees during employment, shall be without discrimination because of race, color, religion, national origin, gender or age-except that the applicant must meet the minimum age requirement. Hanwha Philly Shipyard does not, and will not, discriminate because of the disability of such individual.