Senior Financial Cost Analyst

RightPro Staffing; Hartford (CT); On-site; USD 70,000 - 90,000; Full time

Job summary

A leading staffing agency is seeking a Senior Cost Analyst to oversee cost accounting and budgeting functions. You will analyze manufacturing costs, prepare financial reports, and ensure compliance with accounting principles. The ideal candidate has at least 3 years of experience in a manufacturing environment and knowledge of cost accounting principles. Proficiency in JD Edwards and Microsoft Office is preferred. This position offers growth opportunities and a collaborative work environment.

Qualifications

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

Responsibilities

• Directs the analysis of manufacturing costs and prepares monthly reports.
• Manage the annual standard cost roll and product costing.
• Prepare make vs. buy analysis for outsourcing opportunities.

Skills

Cost accounting

Financial analysis

Communication skills

Team motivation

Education

Bachelor's degree in finance or accounting

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.