Financial Cost Analyst

2 weeks ago


Billerica, Massachusetts, United States Nuvera Fuel Cells Full time
Job Title

Cost Accountant

Job Family

Job Overview

Nuvera Fuel Cells, LLC is a leading manufacturer specializing in heavy-duty, zero-emissions hydrogen fuel cell stacks and engines tailored for mobility applications. With operational facilities in the U.S. and Europe, Nuvera is committed to delivering clean, safe, and efficient solutions designed to fulfill the demanding requirements of industrial vehicles and various transportation sectors.

As a subsidiary of Hyster-Yale Group, Inc., Nuvera plays a vital role in the design, engineering, manufacturing, and servicing of a comprehensive range of lift trucks and aftermarket components, marketed globally under the Hyster and Yale brand names. Hyster-Yale Group is a wholly owned subsidiary of Hyster-Yale Materials Handling, Inc., which is publicly traded (NYSE: HY) and headquartered in Cleveland, Ohio, employing approximately 7,600 individuals worldwide.

We are currently seeking a dedicated Cost Accountant to become an integral part of our team.

This position is responsible for ensuring the ongoing accuracy of monthly inventory, cost of sales, and standard cost for the Nuvera facility.

Key responsibilities include conducting product cost analysis, overseeing project accounting, developing overhead rates, performing manufacturing variance analysis, preparing various reports for management decision-making, and participating in cross-functional project teams focused on cost and inventory management.

Essential Job Responsibilities

1. Conduct monthly analysis and provide explanations for manufacturing variances, along with financial closing responsibilities.
2. Monitor manufacturing inventories and generate various management reports, analyses, and KPIs related to inventory.
3. Oversee standard costs, along with the analysis and reconciliation of margin and cost of sales in relation to closing activities.
4. Perform physical inventory verification based on a daily/weekly schedule, including ABC cycle counts and semi-annual evaluations of ABC ratings.
5. Assist in investigating and analyzing inventory discrepancies to identify root causes, collaborating with representatives from functional areas that may impact data accuracy.
6. Monitor product costs through Bellwether cost change analysis, develop and implement year-end standard cost uplift, and prepare E&O and LCM analyses.
7. Handle project and government accounting and reporting.

Required Job Qualifications

Educational Background

Bachelor's degree in Accounting or a related field.

Previous Work Experience

A minimum of 1-3 years in a manufacturing environment.

Special Skills, Experience, and Abilities

- Proficiency in SAP.
- Advanced Microsoft Excel skills (including Lookups, Pivot Tables, Logical Formulas, etc.).
- Strong analytical capabilities.
- Technical expertise in inventory and cost accounting methodologies.
- Knowledge of government accounting regulations.

Physical Requirements/Work Environment

- Office Environment
- Ability to navigate the office to access inventory, file cabinets, etc.

Travel Requirements

Minimal travel, up to 5% for training purposes.

Nuvera Fuel Cells, Inc. is an Equal Opportunity/Affirmative Action Employer. M/F/D/V

Nuvera participates in e-Verify.

Employment Type

Full-time

Work Hours

40 hours per week

Relocation Assistance

No

We are an equal opportunity employer offering an excellent benefits package, including medical, dental, and life insurance, 401(k), and profit sharing.

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