Senior Cost Analyst

2 weeks ago


Tinley Park, Illinois, United States Panduit Full time

At Panduit, we believe that our workforce is our greatest asset. We are seeking talented individuals who are committed to innovation, inclusivity, and sustainability.

Key Responsibilities

The Senior Financial Analyst - Costing will oversee the Standard Costing functions within our global supply chain framework. This role operates within a matrix structure, establishing the individual as the Costing authority for our advanced cloud-based Oracle ERP system. The primary duties include:

  • Facilitating the annual development of cross-functional Standard Costs and ensuring continuous system upkeep throughout the fiscal year, focusing on inputs such as material acquisition costs, budget allocations, production hours, resource rates, bill of materials (BOM), production routing, foreign exchange rates, and lot sizes.
  • Providing support during month-end closing processes, along with conducting ad-hoc analyses and reporting for various sub-processes.
  • Conducting inventory and production assessments, which may encompass inventory valuation reports, resolution of issues, variance analysis for production jobs and purchase orders, evaluation of excess or obsolete inventory, profit eliminations, product line assignments, and inventory adjustments.
  • Assisting local teams in recognizing risks, identifying process deficiencies, and implementing enhancement opportunities.
Qualifications
  • A Bachelor's degree in Accounting, Finance, or a related discipline.
  • 3 to 5+ years of experience in cost analysis or related positions.
  • Expertise in cloud-based cost accounting systems, with a preference for experience in Oracle Fusion (other systems are also acceptable).
  • Strong understanding of Generally Accepted Accounting Principles (GAAP) and cost accounting standards.
  • Advanced proficiency in Microsoft Excel, particularly with large datasets.
  • Exceptional analytical, problem-solving, and cross-departmental communication abilities.
  • A proactive approach to data analysis for issue resolution, combined with the capability to articulate complex processes to non-technical stakeholders.
  • Ability to influence and guide organizational policies, procedures, and best practices.
Benefits
  • Comprehensive Total Rewards Program including health and financial benefits.
  • Flexible working arrangements, requiring in-office presence 50% of the time (as determined by management).
  • Generous leave policies including vacation, sick days, holidays, and a volunteer day.
  • 401K matching and profit-sharing options.
  • Multiple healthcare plan choices.
  • Parental leave benefits.
  • Opportunities for professional growth and development.
We are dedicated to fostering a sustainable and interconnected world. We are an Equal Opportunity Employer, committed to creating an inclusive environment for all.
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