Senior Financial Analyst - Cost Accounting

COHERENT; Dallas (TX); Vor Ort; USD 90.000 - 125.000; Vollzeit

Zusammenfassung

Coherent in Dallas, TX is seeking a Senior Financial Analyst - Cost Accounting to provide financial planning, analysis, and cost accounting support for the Thermal Solutions Finance organization. This role partners with the Cost Accounting Manager to ensure accuracy of product costs, inventory, and COGS while supporting standard cost updates and costing policy improvements.

You will collaborate with Operations, Supply Chain, and Engineering to identify cost drivers, analyze variances, and

Qualifikationen

• Bachelor's degree in Accounting, Finance, or related field.
• 5+ years manufacturing costing experience.
• 3+ years in financial planning and budgeting.
• Hands-on experience with standard costing, inventory valuation, and manufacturing variance analysis.
• Experience with Oracle ERP (Cost Management and Inventory modules) and Hyperion preferred.
• Intercompany accounting experience preferred.
• CMA or CPA a plus.

Aufgaben

• Support the daily cost accounting function to ensure accuracy of product costs, inventory, and COGS.
• Develop knowledge of costing processes and serve as backup for key activities.
• Assist with annual standard cost updates and maintain standard costs for material, labor, and overhead.
• Contribute to review/improvement of costing policies, methodology, and inventory controls.
• Provide insight into cost impacts of operational changes and pricing decisions.
• Assist with labor and overhead rate development; monitor overhead absorption and variances.
• Analyze and explain manufacturing variances; communicate root causes to leadership.
• Prepare monthly inventory valuation, WIP, and COGS reporting; reconcile subledgers to GL.
• Prepare inventory reserve analyses and support year-end inventory audits.
• Partner with Operations, Supply Chain, and Engineering to identify cost drivers and cost-reduction opportunities.
• Prepare cost-related journal entries and accruals during monthly close.
• Support AOP, forecast, and LRP with focus on standard costs and gross margin.

Kenntnisse

Analytical skills

Attention to detail

Costing expertise

Reconciliations

Ausbildung

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

CMA or CPA a plus

Tools

Excel

Oracle ERP

Hyperion

Jobbeschreibung

The Senior Financial Analyst - Cost Accounting will provide financial planning, analysis, accounting, and cost accounting support for the Thermal Solutions Finance organization. Working in partnership with the Cost Accounting Manager, this role supports the daily cost accounting function to ensure the accuracy of the financials, including the annual standard cost update, the review and improvement of costing policies and procedures, and providing insight into cost impacts and the financial impact of business performance. The role also assists in ensuring the company's financial plans and policies are implemented and followed, including supporting the annual operating plan (AOP), forecast, and long-range plan (LRP). The position partners closely with Operations, Supply Chain, Engineering, and global manufacturing teams and offers the opportunity to build broad expertise in manufacturing cost accounting and grow into increased responsibility over time.

Primary Duties & Responsibilities

Cost Accounting

• Support the daily cost accounting function in partnership with the Cost Accounting Manager to ensure the accuracy of product costs, inventory, and cost of goods sold in the financials.
• Develop in-depth knowledge of the company's costing processes, systems, and policies, and serve as backup for key cost accounting activities.
• Assist with the annual standard cost update and maintain standard costs for material, labor, and overhead in Oracle; review item costs, bills of material, and routings for accuracy.
• Contribute to the review and improvement of costing policies and procedures, costing methodology, and inventory controls.
• Provide insight into the cost impacts of operational, volume, pricing, and sourcing changes, and help leadership understand the financial impact of business performance.
• Assist with labor and overhead rate development; monitor overhead absorption and analyze under- and over-absorbed costs.
• Analyze and explain manufacturing variances, including purchase price, material usage, labor, overhead, yield, and scrap variances; communicate results and root causes to Operations and leadership.
• Prepare monthly inventory valuation, work-in-process, and cost of goods sold reporting; reconcile inventory subledgers to the general ledger.
• Prepare inventory reserve analysis, including excess and obsolete and lower of cost or net realizable value analysis.
• Support physical inventory, cycle count, and inventory reconciliation activities, including the year-end inventory audit.
• Partner with Operations, Supply Chain, and Engineering to identify cost drivers, track cost reduction initiatives, and improve the accuracy of costing data.
• Prepare cost-related journal entries and accruals during the monthly close process.

Financial Planning, Analysis & Accounting

• Support the annual operating plan (AOP), forecast, and long-range plan (LRP), with a focus on standard costs, inventory, cost of goods sold, and gross margin.
• Prepare product cost and gross margin analysis to support pricing, make-versus-buy, new product introduction, and cost reduction decisions.
• Research department expense variances and provide clear explanations of financial results to Finance, Operations, and leadership teams.
• Assist in ensuring the company's financial plans and policies are implemented and followed.
• Prepare monthly intercompany reconciliations across global entities; research and resolve intercompany differences timely and coordinate with international finance teams to ensure balances agree.
• Prepare and review monthly balance sheet account analysis and reconciliations; research and resolve reconciling items timely.
• Support internal and external audit requests, compliance activities, and required documentation.
• Identify opportunities to improve reporting, strengthen controls, enhance data integrity, and streamline finance processes.
• Provide additional support to the Finance team as needed.

Education & Experience

• Bachelor's degree in Accounting, Finance, or related field required.
• Five or more years of experience in a manufacturing environment required.
• Three or more years of experience in financial planning and budgeting required.
• Hands‑on experience with standard costing, inventory valuation, and manufacturing variance analysis required.
• Experience with Oracle ERP (Cost Management and Inventory modules) and Hyperion preferred.
• Experience with intercompany accounting and reconciliations across multiple entities preferred.
• CMA or CPA a plus.

Skills

• Strong attention to detail and accuracy in costing data, financial reporting, and reconciliations.
• Strong analytical skills with the ability to identify root causes, explain variances, and develop actionable recommendations.
• Proficient with networked PC-based computer systems, including Microsoft Office, advanced Excel spreadsheets, email, Oracle, and other ERP/reporting systems.
• Strong working knowledge of standard costing, bills of material, routings, overhead allocation, and inventory accoun