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Cost Control Senior Analyst

2 months ago

Bismarck, North Dakota, United States Valentine Recruiting Full time

Industry: Manufacturing & Production

Job Category: Finance / Accounting - Budgeting / Cost Control

Valentine Recruiting is representing a client in search of a Senior Cost Analyst to enhance their Specialty Materials division. This position is pivotal in managing the financial aspects of the production facility.

The Senior Cost Analyst will be instrumental in developing operational rates, planning costs, conducting analyses, and overseeing month-end reporting and inventory transactions. This role serves as the financial steward for the site, aiding in strategic decision-making and facilitating month-end closure processes. Furthermore, the position entails engaging in process enhancements and project-oriented tasks.

Key Responsibilities:

  • Act as the main source for financial data and analysis within the facility.
  • Oversee inventory batches, address discrepancies, and ensure accurate accounting practices throughout the production cycle.
  • Assist in the yearly planning of variable and fixed costs, including departmental budgets.
  • Support the closing processes at month-end.
  • Lead the annual physical inventory assessment and contribute to the cycle counting program.
  • Collaborate with finance teams to analyze cost variances and strive to minimize overall expenses.
  • Produce and evaluate monthly financial reports and analytics in conjunction with operations.
  • Work alongside operations to monitor and report on cost-saving initiatives.
  • Calculate return on investment and financial implications for capital projects and significant maintenance activities.
  • Regularly assess labor and overhead rates.
Basic Qualifications:

- Bachelor’s degree in Accounting or Finance.

- At least 3 years of experience in accounting or cost analysis within a manufacturing environment.

- Proficiency in managing inventory transactions.

Preferred Qualifications:

- Experience in accounting for a multi-location, mid-sized to large organization.

- Knowledge of process manufacturing.

- Familiarity with ERP systems in a manufacturing context (experience with Oracle is advantageous).

- SQL proficiency.

- Previous involvement in project management.

Skills:

- Self-motivated with the ability to lead and communicate effectively across various functions and organizational levels.

- Capable of simplifying finance/accounting concepts for non-financial managers.

- Ability to embrace and drive change.

- Detail-oriented, highly organized, and adept at managing multiple tasks with minimal oversight.

- Knowledge of inventory reserves.

- Strong analytical, problem-solving, and decision-making abilities.

Compensation:

- Base Salary: $80,000 to $105,000 USD

- Employment Type: Full-time

- Benefits: Comprehensive

- Relocation Assistance: Available

- Commission Compensation: Not Applicable

- Bonus Eligibility: No

- Overtime Eligibility: No

- Interview Travel Reimbursement: Provided

Candidate Profile:

- Experience: 2 to 5 years

- Seniority Level: Associate

- Management Experience Required: No

- Minimum Education: Bachelor’s Degree

- Willingness to Travel: None

Ideal Candidate:

The ideal candidate will possess over 3 years of experience in cost accounting, particularly within a manufacturing context.