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Eden Prairie, United States Danfoss Full timeRequisition ID: 38876Below, you will find a complete breakdown of everything required of potential candidates, as well as how to apply Good luck.Job Location(s):Eden Prairie, MN, USJob DescriptionDanfoss Power Solutions is a global company that provides innovative and energy-efficient technologies for various sectors. At Eden Prairie, MN, we manufacture...
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Cost Analyst
1 month ago
Reporting to the Finance Manager - Costing & Operations, the Cost Analyst role is a critical partner in our operations finance team & is responsible for providing financial analysis to support leadership decision-making, including month-end close, periodic financial reports, and forecasting / budget, and ensures that reported results comply with generally accepted accounting principles. To be successful, the Cost Analyst interacts with the various corporate departments, international sales offices, and manufacturing teams.
Essential Functions
- Responsible for preparing Operations financial reporting for manufacturing plants and executive leadership.
- Supply clear and precise commentary on key drivers & business trends to further financial knowledge across the organization.
- Support ongoing reviews of data accuracy in preparation for the accounting close.
- Supports setup and maintenance of material master data and costing.
- Prepares costing inputs for regional margin analysis reports.
- Analyzes and maintains material standard pricing.
- Execution of periodic standard cost update.
- Provides inventory and cost analysis in support of the Sales & Operations planning process.
- Supports financial and tax audits.
- Supports COGS and Operations capital budget process and forecasting through building templates and financial models and consolidating budget submissions.
- Determines and recommends cost-effective solutions.
- Assists with various ad-hoc projects and analysis as needed.
- Performs other related duties as assigned.
Minimum Required:
- Bachelor’s degree in finance, accounting or related field
- 2+ years of finance or business analysis experience
- Knowledge of GAAP and financial accounting principles, practices, and procedures.
- Knowledge of controls, compliance, and risk management
- Advanced Microsoft Office and Excel
- Ability to generate bold, creative ideas to improve company performance
- Strong verbal and written communication skills, comfortable communicating with non-native English speakers
- CMA or CPA designation
- Working experience with SAP
The work environment characteristics are those consistent with a standard office environment.
Positions in this class typically require typing, talking, hearing, seeing and repetitive motions.
Sedentary Work: Exerting up to 10 pounds of force occasionally and/or a negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects. Sedentary work involves sitting most of the time. Jobs are sedentary if walking and standing are required occasionally, and all other sedentary criteria are met.
Schedule Requirements
This position is expected to work within core business hours.
Travel Requirements
This position is a hybrid role that offers a flexible schedule including being on-site in Eden Prairie, MN with the Accounting and Finance team.
Competencies and Core Values
Must possess qualities and skills that align with Zinpro’s Core Values:
- Build Trust: We believe in being purposeful with our words and actions. We work to build trust with customers, vendors, and co-workers through being truthful and fulfilling our commitments. We honor our word and are accountable for our actions.
- Win Together: We believe we can better achieve when we work united, internally and with customers. When we embrace and leverage our diverse individual talents with global perspectives, we create a team that’s stronger and smarter than any one individual. We are all bound by the belief that when we work together, we can realize greater potential.
- Serve Generously: We believe in putting people first, supporting each other’s efforts and treating all with kindness and respect. We work in partnership with customers and ourselves to create opportunities; a win for another is a win for us.
- Always Improve: We believe in what’s right and pursuing continuous growth and improvement for customers, our company, and ourselves. Our high expectations drive us to consistently and reliably deliver the highest quality. We work to be better each day.
- Dream Big: We believe advancement starts with being curious. We embrace the freedom to explore, create, and express ideas without the fear of failure. We always learn from each other and our customers, from our successes and our mistakes.
Zinpro is an Equal Opportunity Employer and does not discriminate on the basis of race, religion, color, sex, age, national origin, or disability.