Manufacturing Cost Analyst

OMEGA, Inc.; West Chatsworth (CA); On-site; USD 70,304 - 75,000; Full time

Benefits offered by this job

Paid vacation and sick leave

401(k) match up to 5%

Tuition reimbursement

Work-life balance

Job summary

OMEGA, Inc. is seeking a Manufacturing Cost Analyst in West Chatsworth, CA, responsible for analyzing and controlling manufacturing costs to improve profitability. This role involves partnering with operations, supply chain, and finance teams for accurate cost reporting and identifying cost reduction opportunities.

The ideal candidate will have deep expertise in product cost analysis and experience in budgeting and forecasting. This position offers competitive compensation and numerous benefits, including a bonus and retirement plan.

Qualifications

• Deep understanding of product cost analysis.
• Strong knowledge of ERP systems.
• Proficiency in variance analysis.

Responsibilities

• Analyze product costs, including materials, labor, and overhead.
• Maintain and update standard costs in ERP systems.
• Perform variance analysis and provide actionable insights.
• Support monthly closing activities including inventory valuation.
• Partner with production and engineering teams.

Skills

Product cost analysis

ERP systems

Variance analysis

Manufacturing processes

Budgeting/forecasting

Job description

Manufacturing Cost Analyst

The Manufacturing Cost Analyst is responsible for analyzing, monitoring, and controlling manufacturing costs to improve profitability and operational efficiency. The role partners with operations, supply chain, and finance teams to ensure accurate cost reporting, identify cost reduction opportunities, and support strategic decision‑making.

Responsibilities

• Analyze product costs, including materials, labor, and overhead.
• Maintain and update standard costs in ERP systems.
• Perform variance analysis (material, labor, overhead) and provide actionable insights.
• Support monthly closing activities, including inventory valuation and cost reporting.
• Partner with production and engineering teams to evaluate cost impacts of process changes.
• Develop and monitor KPIs related to manufacturing efficiency and cost performance.
• Identify cost‑saving opportunities and support continuous improvement initiatives.
• Assist in budgeting, forecasting, and financial planning related to manufacturing operations.
• Conduct profitability analysis by product line, customer, or plant.
• Ensure compliance with internal controls and accounting standards.

Qualifications

Required experience and skills: deep understanding of product cost analysis, strong knowledge of ERP systems, proficiency in variance analysis, familiarity with manufacturing processes, and experience in budgeting/forecasting.

Preferred Skills

• Experience in lean manufacturing or continuous improvement environments.
• Knowledge of inventory management and supply chain processes.
• Familiarity with cost modeling and pricing strategies.

Key Competencies

• Financial analysis and modeling
• Attention to detail
• Business partnering
• Process improvement mindset
• Data‑driven decision making

Personal Skills

• Ability to interface with personnel at various levels of skill, knowledge, and experience.
• Clear communication, both verbal and written, on technical subjects.
• Experience working with external parties, including vendors, to develop specifications, schedules, and acceptance criteria.
• Problem‑solving expertise and strong organizational skills.
• Must reside locally.

Compensation

The pay range for this position is $70,304 to $75,000 annually plus a 10% bonus. Actual compensation will be dependent on factors including the individual's qualifications, experience, knowledge, skills, and performance, as well as location.

Benefits

• Paid vacation and sick leave in accordance with California law; new hires receive 11 paid holidays and two volunteer days.
• 401(k) match up to 5% with immediate vesting.
• Competitive medical, dental, and vision plans.
• Tuition reimbursement after six months of employment.
• Work‑life balance and continuous professional development opportunities.

ITAR Requirements

All applicants must be U.S. persons (citizen, permanent resident, political asylee, or refugee) and legally authorized to work in the United States full‑time without requiring sponsorship.

Equal Employment Opportunity

HDY Core Instruments, Inc. is an equal opportunity and affirmative action employer. All employment decisions are based on business needs and valid job qualifications without regard to race, color, religion, gender, national origin, age, disability, marital status, pregnancy, sexual orientation, citizenship, gender identity, veteran status, or any other class protected by federal law, state, or local law.