Product Cost Controller

Innomotics; New Kensington (Westmoreland County); Hybrid; USD 73,000 - 126,000; Full time

Benefits offered by this job

Medical, dental, vision coverage

401(k) with employer match

Paid time off and holidays

Tuition reimbursement

Remote work flexibility

Parental leave

Job summary

Innomotics is seeking a Product Cost Controller to support product cost management from development to serial production. You will work with Engineering, Operations, Product Management, and Sales to evaluate profitability and identify cost-optimization opportunities.

The role is based in New Kensington, PA with a hybrid schedule. Develop and maintain product cost models, prepare EVA and business cases, and analyze performance to drive profitable growth.

Qualifications

• Bachelor's degree in Finance, Accounting, Engineering, or related field.
• 5+ years in Product Cost Controlling, cost accounting, or manufacturing finance.
• Strong costing, cost analysis, and fixed/variable cost understanding.
• Experience building financial models and business cases.
• Proficiency with SAP, Excel, and Power BI.

Responsibilities

• Prepare EVA and financial business cases for new products and enhancements.
• Provide commercial/financial support for new product introductions and engineering changes.
• Analyze BOMs, processes, and value streams for cost improvements.
• Perform variance analysis and recommend corrective actions.
• Monitor profitability, cost performance and margin improvement.
• Collaborate with cross-functional teams on go/no-go decisions and initiatives.
• Develop ad hoc analyses to support operational decisions.
• Utilize SAP and digital tools to automate reporting and data visibility.
• Support cost-controlling and NCC processes improvement.
• Troubleshoot moderately complex financial and operational issues.

Skills

Cost analysis

Financial modeling

Cross-functional collaboration

Analytical thinking

Budgeting

Education

Bachelor's degree in Finance/Accounting/Engineering

Tools

SAP

Excel

Power BI

Job description

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We are looking for a Product Cost Controller to join our team at Innomotics.

The Industry-Leader of Motors and Drives

Innomotics is an industry-leading supplier of motors and large drive systems. With a trusted legacy of more than 150 years of engineering expertise, our products power all the world’s most essential industries. Today, we are bringing the #EnergyTransition to life with a portfolio that enables our customers to boost energy efficiency, reduce greenhouse gases, and minimize the carbon footprints of plants.

Our Most Powerful Engine: Our People

We are a team of more than 15,000 dedicated experts, doers, and innovators. For us, engineering the future means keeping businesses in motion. As a global player operating with the spirit and speed of a mid-sized champion, the future holds unlimited opportunities for us. If you share our bold mindset to be best-in-class, we want you IN.

Your Future Role

This role is part of the Factory Finance team. We believe high-performing finance organizations provide actionable analytics and serve as trusted business partners to drive informed decision-making.

We are seeking a Product Cost Controller to support product cost management throughout the product lifecycle, from new product development and business case evaluation through serial production and customer shipment. In this role, you will partner closely with Engineering, Operations, Product Management, and Sales to evaluate product profitability, support investment decisions, and identify opportunities for cost optimization and operational improvement.

You will develop and maintain product cost models, prepare Earned Value Analysis (EVA) and business case evaluations for new products and product enhancements, and analyze product performance to support strategic decision-making and profitable growth.

This role is based in our New Kensington PA facility and will work a hybrid schedule. Local candidates are preferred.

Responsibilities

• Prepare Earned Value Analysis (EVA) and financial business cases for new products and product enhancements.
• Provide commercial and financial support for new product introductions and engineering change initiatives.
• Analyze Bills of Materials (BOMs), manufacturing processes, and value flows to identify product cost improvement opportunities.
• Perform variance analysis between projected and actual product costs and recommend corrective actions.
• Monitor product line profitability, cost performance, and margin improvement opportunities.
• Partner with cross-functional teams to support go/no-go decisions and strategic business initiatives.
• Develop ad hoc financial analyses and reporting to support operational and commercial decision-making.
• Leverage SAP and digital tools to automate processes, improve reporting, and enhance data visibility.
• Support continuous improvement initiatives related to cost controlling, reporting, and NCC processes.
• Troubleshoot and resolve moderately complex financial and operational issues.

Requirements

• Bachelor's degree in Finance, Accounting, Business, Engineering, or a related field.
• 5+ years of experience in Product Cost Controlling, Cost Accounting, Manufacturing Finance, or related finance roles.
• Strong understanding of product costing, cost analysis, and fixed/variable cost structures.
• Experience developing financial models, business cases, and profitability analyses.
• Proficiency with SAP (or similar ERP systems), Excel, and Power BI.
• Strong analytical, problem-solving, and communication skills.
• Ability to partner effectively with cross-functional teams and drive initiatives to completion.
• Manufacturing or industrial industry experience preferred.

The pay range for this position is $73,400 - $125,800. The actual wage offered may be lower or higher depending on budget and candidate experience, knowledge, skills, qualifications, and premium geographic location.

What’s IN it for you (Our Benefits)

• Competitive compensation based on qualifications
• Medical, dental, prescription and vision coverage, first day of employment
• Matching 401(k) (immediate employer match)
• Competitive paid time off plan, paid holidays, and floating holidays
• Education and tuition reimbursement programs available
• Flexibility to work remotely a few days a week
• Paid parental leave

Innomotics is an equal opportunity employer and values diversity. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status or disability status.

Applicants and employees are protected under Federal law from discrimination. To learn more, Click here .

Pay Transparency Non-Discrimination Provision

Innomotics follows Executive Order 11246, including the Pay Transparency Nondiscrimination Provision. To learn more, Click here .

California residents have the right to receive additional notices about their personal information. To learn more, Click here .