Financial Cost Analyst

1 week ago

Cleveland, Ohio, United States SIFCO Full time
Job Overview

Location
Cleveland, OH

Employment Type
Full Time

Compensation
$57,000 - $86,900.00 Salary

Position Summary

The Cost Accounting Specialist plays a crucial role in supporting the Senior Accountant by establishing and maintaining standard costing for various components. This role involves contributing to the preparation of financial statements during month-end close and performing necessary analyses. Additionally, the position requires collaboration with both internal and external auditors to address audit schedules and inquiries.

Key Responsibilities
  • Assist the Senior Accountant in analyzing variances between manufacturing plant costs and standard budgets, focusing on operational spending, material price/quantity, labor efficiency, and burden variances.
  • Support key cost accounting functions, including inventory valuation, reserve calculations for excess and obsolescence, monthly inventory reconciliation, and coordination of annual physical inventory counts.
  • Collaborate with the supply chain team to monitor Purchase Price Variance (PPV).
  • Engage in cost analysis to address issues related to scrap and obsolescence.
  • Assist in updating standard costs for parts as necessary.
  • Support the annual standard cost roll process.
  • Facilitate interactions with external auditors regarding cost accounting matters.
  • Coordinate with the internal audit team on cost accounting internal controls.
  • Provide analytical support to the Senior Accountant on product standard costs, margins, and inventory.
  • Participate in cross-functional teams for New Product Development, including conducting time studies and observations alongside engineering teams.
  • Prepare necessary month-end journal entries related to inventory and cost of sales.
  • Contribute to the month-end close process by providing analysis of results as directed by the Senior Accountant and Division Controller.
  • Perform other duties as assigned.
Qualifications

To excel in this role, candidates must demonstrate the ability to perform essential duties satisfactorily. The following qualifications are required:
  • Bachelor's degree in Accounting or Finance from an accredited institution.
  • A minimum of 4 years of hands-on cost accounting experience, preferably in a manufacturing setting.
  • Understanding of basic accounting principles in accordance with US Generally Accepted Accounting Principles (GAAP).
  • Familiarity with SAP or other ERP systems is strongly preferred.
  • High proficiency in Excel, Word, and data manipulation, including pivot tables and vlookups.
  • Strong judgment and analytical skills.
  • Ability to recognize and solve problems proactively.
  • Self-motivated with a positive attitude.
  • Timely response to information requests.
  • Effective communication skills, both written and verbal.
Language Proficiency

Ability to read, analyze, and interpret business publications, professional journals, and technical documents. Proficient in writing reports and business correspondence.

Mathematical Skills

Ability to apply advanced mathematical concepts and operations for various analytical tasks.

Reasoning Skills

Ability to define problems, collect data, and draw valid conclusions while interpreting technical instructions.

Physical Requirements

The physical demands of this role require regular sitting, using hands and fingers, and occasional standing or walking. The employee may need to lift up to 25 pounds occasionally.

Work Environment

This position is primarily office-based with a typical office noise level. SIFCO Forge is committed to fostering a diverse workforce and is proud to be an equal opportunity employer, ensuring opportunities for all individuals.

  • Lead Financial Analyst

    2 weeks ago

    Cleveland, Ohio, United States Creative Financial Staffing Full time

    Lead Financial Analyst Remote OpportunityCreative Financial Staffing is in search of a proficient Lead Financial Analyst to enhance our finance department. This pivotal role is essential for sustaining the financial integrity of our organization and delivering precise financial insights.Core Responsibilities:Manage and oversee the general ledger...

  • Project Cost Analyst

    2 weeks ago

    Cleveland, Ohio, United States Horsburgh & Scott Full time

    Industrial Gear Cost AnalystPOSITION OVERVIEWThe Cost Analyst is integral in delivering precise financial assessments for industrial gears, gear drives, and associated repair services. This role involves scrutinizing client information, interpreting technical documents, and calculating expenses to provide project estimates.KEY RESPONSIBILITIESEngage with...

  • Lead Financial Analyst

    2 weeks ago

    Cleveland, Ohio, United States ComTec Consultants Full time

    Position: Senior Financial Analyst (Gen)Location : Cleveland, OHDuration: 12 MonthsSchedule: The team operates on a hybrid model, with in-office work on Tuesday, Wednesday, and Thursday, while Monday and Friday are flexible for remote work or in-office attendance.Overview: The Senior Financial Analyst will be responsible for implementing and managing cost...

  • Lead Financial Analyst

    2 weeks ago

    Cleveland, Ohio, United States ComTec Consultants Full time

    Position: Senior Financial Analyst (Gen)Location : Cleveland, OHDuration: 12 MonthsSchedule: The team operates on a hybrid model, with in-office work on Tuesday, Wednesday, and Thursday, while Monday and Friday are flexible for remote work or in-office attendance.Overview:As a Senior Financial Analyst, you will be responsible for implementing and...

  • Lead Financial Analyst

    2 weeks ago

    Cleveland, Ohio, United States Comtec Consultants Full time

    Position: Senior Financial Analyst (Gen)Location : Cleveland, OHDuration: 12 MonthsSchedule: The team operates on a hybrid schedule, working in the office Tuesday through Thursday, with the option to work from home on Monday and Friday.Overview:As a Senior Financial Analyst, you will be responsible for implementing and managing cost control measures for the...

  • Lead Financial Analyst

    2 weeks ago

    Cleveland, Ohio, United States Comtec Consultants Full time

    Position Title: Senior Financial Analyst (Gen)Location: Cleveland, OHContract Duration: 12 MonthsWork Arrangement: Local candidates preferred; hybrid schedule with in-office presence required.Schedule:Current team follows a 3/2 Hybrid model, with in-office work on Tuesday, Wednesday, and Thursday. Remote work is available on Monday and Friday, with the...

  • Lead Financial Analyst

    2 weeks ago

    Cleveland, Ohio, United States Comtec Consultants Full time

    Position: Senior Financial Analyst (Gen)Location : Cleveland, OHDuration : 12 MonthsSchedule: The team operates on a hybrid schedule, with in-office work on select weekdays and remote work options available.Overview:This role focuses on implementing and managing cost control measures for a significant gas construction initiative. The analyst will be...

  • Lead Financial Analyst

    2 weeks ago

    Cleveland, Ohio, United States Comtec Consultants Full time

    Position: Senior Financial Analyst (Gen)Company: Comtec ConsultantsLocation: Cleveland, OHDuration: 12 MonthsSchedule: The team follows a hybrid work model, with in-office days on Tuesday, Wednesday, and Thursday, while Monday and Friday can be worked remotely or in the office based on preference.Overview:As a Senior Financial Analyst, you will play a...

  • Lead Financial Analyst

    2 weeks ago

    Cleveland, Ohio, United States Comtec Consultants Full time

    Position Overview:The Senior Financial Analyst will play a pivotal role in overseeing financial operations related to construction projects. This position requires a local candidate who can adhere to a hybrid work schedule, attending the office three days a week.Key Responsibilities:Cost Control Implementation: Develop and manage cost control measures for...

  • Financial Analyst

    6 days ago

    Cleveland, Ohio, United States Stantec Full time

    About the RoleStantec is seeking a highly skilled Project Controls Analyst to join our team. As a Project Controls Analyst, you will play a critical role in ensuring the successful delivery of projects by providing financial analysis, accurate commitment and expenditure information, performance data, timely cost forecasts, and forward-looking advice to...

  • Lead Financial Analyst

    2 weeks ago

    Cleveland, Ohio, United States Comtec Consultants Full time

    Position Overview:The Senior Financial Analyst will play a pivotal role in overseeing financial operations related to gas construction initiatives. This position involves the implementation and management of cost control measures, ensuring that all financial reporting and scenario analyses are executed effectively.Key Responsibilities:Coordinate and manage...

  • Lead Financial Planning Analyst

    1 week ago

    Cleveland, Ohio, United States ComTec Information Systems Full time

    Job OverviewPosition: Senior Financial Analyst (General)Location: Cleveland, OHContract Duration: 12 MonthsCandidate Location: Candidates must be local or willing to commute, as in-office presence is required on a hybrid schedule.Work Schedule:The team operates on a 3/2 hybrid schedule, with in-office work expected on Tuesday, Wednesday, and Thursday....

  • Lead Financial Analyst

    2 weeks ago

    Cleveland, Ohio, United States Comtec Consultants Full time

    Position: Senior Financial AnalystCompany: Comtec ConsultantsLocation: Hybrid work modelDuration: 12 MonthsOverview:This role involves the implementation and management of cost control measures for a significant gas construction initiative. The successful candidate will be responsible for financial reporting and conducting scenario analyses. Key...

  • Financial Analyst Specialist

    2 weeks ago

    Cleveland, Ohio, United States Parker Hannifin Corporation Parker Aerospace Group Full time

    Position Title: Accountant AnalystCompany: Parker Aerospace, a division of Parker Hannifin CorporationJob Category: Accounting/AuditingJob Type: RegularJob Overview:As a key player in the financial department, the Accountant Analyst will utilize accounting principles to scrutinize complex financial data and generate comprehensive financial reports. This role...

  • Cost Accounting Specialist

    2 weeks ago

    Cleveland, Ohio, United States Creative Financial Staffing Full time

    COST ACCOUNTANT:About Creative Financial Staffing and the Cost Accountant Position:This reputable local retailer is in search of a proficient cost accountant. With a strong emphasis on customer service, this organization boasts impressive corporate longevity. The role offers excellent opportunities for advancement along with comprehensive benefits. The...

  • Cost Analysis Specialist

    2 weeks ago

    Cleveland, Ohio, United States Creative Financial Staffing Full time

    COST ACCOUNTANT:About Creative Financial Staffing and the Cost Accountant Position:This esteemed local retailer is in search of a proficient cost accountant. With a strong emphasis on employee retention, this organization is dedicated to delivering exceptional service to its clientele. The role offers significant opportunities for advancement along with...

  • Cost Accounting Specialist

    2 weeks ago

    Cleveland, Ohio, United States Creative Financial Staffing Full time

    COST ACCOUNTANT:About Creative Financial Staffing and the Cost Accountant Position:This esteemed local retailer is in search of a proficient cost accountant. With a strong emphasis on employee retention, this organization is dedicated to delivering exceptional service to its clientele. There are ample opportunities for professional advancement along with...

  • Lead Financial Analyst

    2 weeks ago

    Cleveland, Ohio, United States ComTec Consultants Full time

    Position: Senior Financial Analyst (Gen)Overview: This role involves overseeing financial management for gas construction initiatives. The successful candidate will be responsible for coordinating financial reporting and conducting scenario analyses. They will develop and assess project estimates, timelines, and capital budgets while analyzing monthly...

  • Lead Financial Analyst

    2 weeks ago

    Cleveland, Ohio, United States CareAlliance LLC Full time

    Job OverviewWe invite you to review the following job specifications carefully before considering this opportunity. Position: Lead Financial Analyst EEO Classification: ProfessionalReports to: Chief Financial Officer Status: Full TimeMission Statement:Our commitment is to deliver exceptional, all-encompassing medical and dental services, patient advocacy,...

  • Cost Accounting Specialist

    2 weeks ago

    Cleveland, Ohio, United States Creative Financial Staffing Full time

    COST ACCOUNTANT:About the Company and Cost Accountant Role:This esteemed local retailer is in search of a proficient cost accountant. With a strong emphasis on corporate stability, this organization is dedicated to providing exceptional service to its clientele. There are ample opportunities for advancement and a comprehensive benefits package. The position...