Cost Analyst - Pharmaceutical Manufacturing

Socket.dev; South Orange (NJ); Hybrid; USD 85,000 - 120,000; Full time

Job summary

LTS, located in West Caldwell, NJ, is seeking a Cost Analyst to support financial decision-making across manufacturing, projects, and administrative functions. You will analyze costs, investigate variances, and provide insights to improve efficiency and profitability.

The role requires a Bachelor’s degree in Accounting/Finance, 5+ years in cost accounting in a manufacturing setting, and strong SAP S/4HANA, Excel, and communication skills.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field.
• Minimum 5 years of relevant cost accounting or cost analysis experience in manufacturing.
• At least 2 years' experience with SAP S/4HANA.
• Strong analytical and Excel skills.
• Strong written and verbal communication skills.

Responsibilities

• Generate and maintain detailed cost analyses and cost models to support product and service quoting.
• Analyze actual expenses against targets, plans, and forecasts; identify discrepancies and recommend improvements.
• Investigate manufacturing order variances, scrap, project hours, and expense variances.
• Assist with annual budgets, forecasts, and project cost estimates.
• Identify and support cost-saving strategies to improve efficiency and margins.
• Prepare reports and present analysis and insights to management.
• Monitor inventory, labor costs, indirect expenses, and trends to support business decisions.

Skills

Analytical skills

Excel skills

Written and verbal communication

Cost analysis

Education

Bachelor's degree in Accounting, Finance, or related field

Tools

SAP S/4HANA

Job description

About the Company

LTS is a global leader in transdermal and oral thin-film drug delivery technologies. Our teams have pioneered breakthroughs such as the first contraceptive patch, nicotine patch, oral active ingredient film, and Parkinson’s patch. When you join LTS, you become part of a team that continues to shape the future of patient care and bring life-changing therapies to market.

At LTS, our purpose drives everything we do: We CARE. We CREATE. We DELIVER. We’re committed to fostering an employee experience that reflects our innovation - supportive, collaborative, and empowering. Across our New Jersey and Minnesota locations, you’ll work alongside knowledgeable experts on diverse projects in an environment where every day is different and your contributions truly matter.

Cost Analyst- Pharmaceutical Manufacturing; North America

Position Overview

LTS is seeking a detail-oriented Cost Analyst to support financial decision-making across manufacturing, operations, projects, and administrative functions. In this role, you will analyze costs, investigate variances, support budgeting and forecasting, and provide insights that help improve efficiency and profitability.

This position is based in West Caldwell, NJand is hybrid eligibleafter the introductory period is complete; up to 2 days/week.

Schedule: Monday-Friday, 8:00 AM-4:30 PM

What You Will Do:

• Generate and maintain detailed actual cost analyses and cost models to support product and service quoting.
• Analyze actual expenses against targets, plans, and forecasts; identify discrepancies and recommend improvements.
• Investigate manufacturing order variances, scrap, project hours, and expense variances.
• Assist with annual budgets, forecasts, and project cost estimates.
• Identify and support cost-saving strategies to improve efficiency and margins.
• Prepare reports and present analysis and insights to management.
• Monitor inventory, labor costs, indirect expenses, and trends to support business decisions.

Minimum Qualifications:

• Bachelor’s degree in Accounting, Finance, or a related field
• Minimum 5 years of relevant experience in cost accounting, finance, or cost analysis in a manufacturing environment.
• At least 2 years' experience with SAP S/4HANA
• Strong analytical and Excel skills
• Strong written and verbal communication skills

Preferred Qualifications

• Experience in pharmaceutical manufacturing or a GMP-regulated environment
• Experience supporting manufacturing or operational finance in a complex business environment

If this sounds like you, we want to hear from you!

LTS is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.