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Senior Cost 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 looking for a Senior Cost Analyst to enhance the financial operations of a manufacturing facility. This role is pivotal in the development of operational rates, cost forecasting, analytical assessments, month-end financial reporting, and inventory management. The Senior Cost Analyst will serve as the financial steward for the site, aiding in strategic decision-making and overseeing month-end closing procedures. Additionally, this position will focus on process optimization and project-related assignments.

Key Responsibilities:

  • Act as the primary source for financial data and analysis within the facility.
  • Oversee inventory batches, address discrepancies, and ensure accurate accounting practices throughout the production cycle.
  • Contribute to the annual budgeting process for both variable and fixed costs, including departmental expense planning.
  • Assist in the completion of month-end closing tasks.
  • Lead the annual physical inventory assessment and support ongoing cycle counting initiatives.
  • Collaborate with finance teams to analyze cost variances and implement strategies to reduce overall expenses.
  • Prepare and evaluate monthly financial reports and analytics in partnership with operations.
  • Work alongside operations to monitor and report on cost-saving projects.
  • Assess ROI and financial implications for capital investments and significant maintenance activities.
  • Regularly review 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.
- Familiarity with inventory transactions.

Preferred Qualifications:

- Accounting experience in a multi-site, mid-sized to large organization.
- Background in process manufacturing.
- Knowledge of ERP systems relevant to manufacturing (experience with Oracle is advantageous).
- Proficiency in SQL.
- Previous experience in project management.

Skills:

- Self-motivated with the ability to lead and communicate effectively across various functions and organizational levels.
- Capable of explaining finance and accounting concepts in simple terms to non-financial managers.
- Ability to embrace and drive change.
- Detail-oriented, highly organized, and adept at managing multiple tasks with minimal oversight.
- Understanding 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: Not Applicable
- Overtime Eligibility: Not Applicable
- Interview Travel Reimbursement: Available

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.