Senior Cost Analyst - Manufacturing

RightPro Staffing; Hartford (CT); On-site; USD 75,000 - 95,000; Full time

Job summary

A staffing firm seeks a Senior Cost Analyst to support the Operations Controller. In this role, you'll oversee cost accounting functions, direct cost analysis, and facilitate financial reporting for manufacturing costs. The ideal candidate has over 3 years of experience in cost and inventory management within a manufacturing environment and is familiar with financial principles and systems such as JD Edwards. Strong analytical and communication skills are essential for success in this position.

Qualifications

• 3+ years of experience in cost, inventory, accounting, or finance within a manufacturing environment.
• Knowledge of financial and cost accounting principles including Generally Accepted Accounting Principles.
• Ability to analyze financial data and prepare financial reports.

Responsibilities

• Directs the analysis of manufacturing costs and prepares monthly reports.
• Works with manufacturing to adjust product costing attributes.
• Prepares financial analysis for product and investment decisions.

Skills

Cost accounting

Financial analysis

Report preparation

Inventory management

Interpersonal skills

Tools

JD Edwards

Microsoft Office

Job description

Seeking a Senior Cost Analyst to assist the Operations Controller by providing leadership and coordination of company cost accounting, planning and budget functions. Ensure company accounting procedures conform to generally accepted accounting principles.

Responsibilities

• Directs the analysis of manufacturing costs and prepares monthly reports explaining reasons for variations from standard.
• Works with manufacturing and product data management team to adjust product costing attributes.
• Directs the development and maintenance of standard cost rates and monthly standard gross margin analysis.
• Manage the annual standard cost roll ensuring that product costs are established properly and that costs are appropriately allocated to products.
• Provide managerial accounting guidance focused on cost benchmarking and successful implementation of efficiency improvements.
• Prepare financial analysis for product and investment decisions.
• Interface with manufacturing to manage purchasing and inventory.
• Interface with corporate financial teams.
• Direct and modify the cost accounting system as necessary.
• Manage the annual physical inventory process.
• Prepare make vs. buy analysis on any outsourcing opportunities.
• Provide detailed product costing for any new product development. Prepare monthly journal entries as necessary to complete month end close.
• Provide monthly operational spending analysis and provide explanations for variances to trends and budget/forecast.
• Prepare profit center P&L’s, analyze product mix, and any price/volume analysis
• Perform any ad hoc business analysis as required.
• Assist in the month end closing process.
• Other duties as assigned.

Requirements

• 3+ years of experience in cost, inventory, accounting, or finance within a manufacturing environment.
• Knowledge of financial and cost accounting principles including Generally Accepted Accounting Principles. Knowledge of automated financial and accounting reporting systems. Knowledge of federal and state financial regulations. Ability to analyze financial data and prepare financial reports, statements and projections. Working knowledge of product-line profitability analysis.
• Experience in JD Edwards and/or other ERP systems preferred.
• Experience with Microsoft Office products.
• Work requires professional written and verbal communication and interpersonal skills. Ability to motivate teams to produce quality materials within tight timeframes and simultaneously manage several projects. Ability to participate in and facilitate group meetings.