Cost Control Specialist

2 weeks ago


Houston, Texas, United States Martin Foods LP Full time
Job Overview

POSITION SUMMARY

Martin Foods LP is in search of a dedicated and detail-oriented Cost Accountant who will play a crucial role in financial analysis and operational efficiency. This position involves collaborating closely with management and production teams to drive continuous improvement initiatives and execute strategic business objectives. The ideal candidate will analyze manufacturing expenses, compare standard costs to actual production figures, and maintain accurate data related to inventory management.

KEY RESPONSIBILITIES

  • Ensure the accuracy of manufacturing costs and cost of goods sold.
  • Conduct variance analysis on manufacturing expenses, gross margins, and inventory levels to identify root causes and implement corrective actions.
  • Regularly assess labor and overhead costs to update standard costing models, ensuring they align with actual production expenses.
  • Review and verify bills of materials and labor routings for costing precision.
  • Calculate costs for new and proposed products in collaboration with Research and Development teams.
  • Maintain relevant ERP cost system modules.
  • Assist plant management in identifying cost-saving opportunities and profit enhancement programs, establishing tracking models for savings.
  • Share best practices with team members and provide backup support during absences.
  • Collect cost data to assist in the development of forecasts and budgets.
  • Lead financial operations related to inventory management by enhancing control policies, procedures, and systems.
  • Develop and maintain a comprehensive weekly reporting framework that includes inventory trends, absorption analysis, and productivity metrics.

IMPORTANT NOTES

  • This job description is not exhaustive. Employees may be required to perform additional related duties to meet the organization's evolving needs.

QUALIFICATIONS AND EDUCATION REQUIREMENTS

  • Bachelor's degree in Accounting, Finance, or a related field.
  • Demonstrated experience as a Cost Accountant, Cost Analyst, or similar role, ideally within the manufacturing industry.
  • Familiarity with bills of materials, manufacturing routers, and process improvement concepts.
  • Solid understanding of cost accounting principles, with the ability to evaluate and enhance financial and operational controls.
  • Professional demeanor with the ability to perform well under pressure. Capable of working independently and collaboratively.
  • Proficient in Microsoft Office, particularly Excel, and experienced with ERP systems.


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