FP&A Cost Analyst

JMJ PHILLIP; Texas City (TX); On-site; USD 120,000 - 130,000; Full time

Job summary

JMJ PHILLIP is seeking a detail-oriented FP&A Cost Analyst to support budgeting, forecasting, and long-range financial planning. This role analyzes performance against budgets, prepares dashboards, and partners with cross-functional teams to drive cost efficiency and informed decision-making.

The ideal candidate will have strong financial modeling skills, experience in cost analysis, and the ability to translate data into actionable insights for leadership.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, Business Administration, or a related field.
• Several years of FP&A, cost analysis, or financial analysis experience.
• Strong budgeting, forecasting, variance analysis, and cost accounting knowledge.
• Experience developing financial models and analyzing complex data.
• Advanced proficiency in Microsoft Excel and financial analysis tools.
• Strong analytical, problem-solving, and organizational skills.
• Excellent communication to present to financial and non-financial stakeholders.
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.

Responsibilities

• Support annual budgeting, forecasting, and long-range financial planning processes.
• Analyze financial performance against budgets, forecasts, and historical results.
• Prepare financial reports, dashboards, and management presentations.
• Identify trends, variances, and opportunities for improved financial performance.
• Analyze manufacturing and operating costs to identify cost drivers and improvement opportunities.
• Monitor labor, material, overhead, and other cost components.
• Investigate significant cost variances and provide recommendations to management.
• Support cost modeling and profitability analysis for products, projects, and operations.
• Develop and maintain financial models to support business planning and decision-making.
• Prepare forecasts and scenario analyses based on operational and financial assumptions.
• Evaluate the financial impact of business initiatives, investments, and process improvements.
• Partner with operations, accounting, supply chain, and other cross-functional teams to gather and validate financial information.
• Present financial findings and recommendations clearly to leadership.
• Ensure financial data is accurate, timely, and aligned with business objectives.
• Identify opportunities to improve financial reporting, forecasting, and cost-analysis processes.
• Develop standardized reporting tools and analytical methodologies.
• Support initiatives focused on cost reduction, efficiency, and operational performance.

Skills

Analytical skills

Problem-solving

Communication skills

Organizational skills

Education

Bachelor's degree in Finance, Accounting, Economics, Business Administration, or a related field

Tools

Microsoft Excel

Financial analysis tools

Job description

We are seeking a detail-oriented and analytical FP&A Cost Analyst to support financial planning, cost analysis, budgeting, forecasting, and business decision-making. The ideal candidate will have strong financial modeling and analytical capabilities, a solid understanding of cost structures, and the ability to translate financial data into actionable insights for operational and business leaders.

Position Responsibilities

Financial Planning & Analysis

• Support annual budgeting, forecasting, and long-range financial planning processes.
• Analyze financial performance against budgets, forecasts, and historical results.
• Prepare financial reports, dashboards, and management presentations.
• Identify trends, variances, and opportunities for improved financial performance.

Cost Analysis

• Analyze manufacturing and operating costs to identify cost drivers and improvement opportunities.
• Monitor labor, material, overhead, and other cost components.
• Investigate significant cost variances and provide recommendations to management.
• Support cost modeling and profitability analysis for products, projects, and operations.

Financial Modeling & Forecasting

• Develop and maintain financial models to support business planning and decision-making.
• Prepare forecasts and scenario analyses based on operational and financial assumptions.
• Evaluate the financial impact of business initiatives, investments, and process improvements.

Reporting & Business Partnership

• Partner with operations, accounting, supply chain, and other cross-functional teams to gather and validate financial information.
• Present financial findings and recommendations clearly to leadership.
• Ensure financial data is accurate, timely, and aligned with business objectives.

Process Improvement

• Identify opportunities to improve financial reporting, forecasting, and cost-analysis processes.
• Develop standardized reporting tools and analytical methodologies.
• Support initiatives focused on cost reduction, efficiency, and operational performance.

Prerequisites

• Bachelor's degree in Finance, Accounting, Economics, Business Administration, or a related field.
• Several years of experience in FP&A, cost analysis, financial analysis, or a related function.
• Strong understanding of budgeting, forecasting, variance analysis, and cost accounting principles.
• Experience developing financial models and analyzing complex financial data.
• Advanced proficiency in Microsoft Excel and financial analysis tools.
• Strong analytical, problem-solving, and organizational skills.
• Excellent communication skills with the ability to present financial information to both financial and non-financial stakeholders.
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.

Certifications (Preferred, but not Required)

• Certified Management Accountant (CMA).
• Certified Public Accountant (CPA).
• Chartered Financial Analyst (CFA).
• Other relevant finance, accounting, or data analytics certifications.

What the Role Offers

• Salary: $120,000 – $130,000 per year.
• Opportunity to contribute directly to financial planning and strategic business decisions.
• Exposure to cost management, forecasting, budgeting, and operational performance.
• Collaboration with cross-functional teams and business leadership.
• Opportunities to improve financial processes and develop analytical capabilities.
• A role with meaningful impact on profitability, cost efficiency, and long-term business performance.

Why Texas City?

Texas City provides an established industrial and business environment with strong connections to manufacturing, energy, logistics, and regional commercial markets. Its location offers professionals opportunities to work within diverse operational environments while benefiting from access to the broader Houston-area economy and workforce.