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Senior Cost Analyst

4 months ago

Minneapolis, United States Biomerics Full time

Job Type

Full-time

Description

Company Overview

Biomerics is a world-class manufacturer and innovative polymer solutions provider for the medical device and biotech industries. As a vertically integrated company, we specialize in designing, developing, and producing medical devices for diagnostic and interventional procedures. We are focused on next-generation solutions for vascular access, electrophysiology, cardiac rhythm management, neurovascular, structural heart, and cardiovascular markets.

At Biomerics, we are dedicated to our diverse employee base. We understand that a strong, skilled, and engaged workforce is the foundation of our continued success as a business. We strive to live up to the Biomerics values in all our interactions. It is an exciting time to be part of our collective team, and there is no limit to the impact that can be achieved here at Biomerics. We improve and advance the lives of our employees and patients who depend on our products.

At Biomerics, we believe in integrity, partnership, empowerment and accountability, trust, agility, teamwork, and excellence, and we care. Our team-oriented, customer-focused corporate culture prioritizes building strategic, mutually beneficial partnerships with customers and our team members.

Join Our Team as a Sr. Cost Analyst in Brooklyn Park, MN

Are you a detail-oriented professional with a knack for cost analysis in manufacturing? Do you thrive in a collaborative environment and enjoy breaking down complex cost structures? If so, we have the perfect opportunity for you

Job description:

As a Sr. Cost Analyst, you will play a crucial role in analyzing and optimizing costs incurred during our manufacturing processes. You'll delve into material costs and resource consumption, providing insightful breakdowns of cost summaries. Your expertise will be vital in comparing standard costs to actual costs, evaluating the absorption of variable and fixed overhead, and ensuring our processes are as efficient as possible. You'll work closely with multidisciplinary teams to drive success and innovation.

Location: Brooklyn Park, MN (with divisional support during peak periods)

Work Arrangement: Hybrid

Key Responsibilities:

  • Month-End Closing: Support the month-end closing process, prepare closing journal entries, and reconcile inventory balance sheets.
  • Standard Costing: Ensure accurate standard costing, manage annual cost builds, prepare/review BOMs and routes, and load new products into the ERP system.
  • Variance Analysis: Conduct variance and absorption analysis, report on scrap, rework, and other quality costs.
  • Budget & Forecasting: Assist in annual budget preparation and quarterly/semi-annual re-forecasts.
  • Inventory Management: Perform E&O reserve analysis, track inventory variations, coordinate physical and cycle counts, and analyze inventory carrying costs.
  • Reporting & Analysis: Prepare internal management reports, including operational KPIs, cost estimates, trends, and PPV reporting.
Requirements
  • Three to five (3-5) years of cost accounting experience in a manufacturing facility, preferably in Medical Devices.
  • Ability to understand complex manufacturing processes.
  • Highly skilled in analytics and proficient with Advanced Excel functions.
  • Ability to manage multiple projects at the same time effectively.
  • Excellent written and verbal communication skills.
  • Strong demonstrated commitment to teamwork.
What We Offer:
  • A dynamic and supportive work environment
  • Opportunities for professional growth and development
  • Competitive salary and benefits
  • A collaborative team committed to excellence

If you're ready to make an impact and grow your career with us, apply today

Benefits: Medical/Dental/Vision Insurance, Short-Term Disability, Long-Term Disability, Life Insurance, Paid Vacation Days, Paid Holidays, 401k, On-Site Fitness Facility.

Please, No Recruitment Agency calls or emails (we are not using recruitment services for this or any other role posted).

The salary estimates are estimates from this job board and not a guarantee from Biomerics' salary range.

Biomerics does not accept non-solicited resumes or candidate submittals from search/recruiting agencies not already on Biomerics approved agency list. Unsolicited resumes or candidate information submitted to Biomerics by search/recruiting agencies not already on Biomerics approved agency list shall become the property of Biomerics and if Biomerics subsequently hire the candidate, Biomerics shall not owe any fee to the submitting agency.