International company that manufactures an impressive collection of water products for worldwide distribution is looking for a new team member.

Cost Analyst

The Cost Analyst will be responsible for product costing, annual burden/ overhead studies and setting, inventory valuation, departamental comparisons to plan/ budget / forecast, maintenance of costed bills of materials, integrity of perpetual inventory - stock status report and variance analysis.

Duties

• Maintain product costing records (bill of material, manufacturing process routings, unit pricing, labor and overhead rates, etc.) in ERP system in accordance with company policy,
• Ensure integrity of daily perpetual inventory / stock status listing,
• Cost and burden study of production and support operations, customer requirements, capacity utilization, floorspace requirements,
• Monitor cycle counting activity, integrity and gain / loss - root cause analysis, -Identification, implementation, monitoring and reporting of cost reduction opportunities, actual and prospective,
• Aid company financial analysis via tracking of categorical costs and actual variances from baseline costs,
• Assist function manager with their understanding of line - item account variances, actual v. baseline cost and integrate cost containment perspectives where necessary,
• Perform annual cost / burden study and standards revision,
• Perform make-buy analyses and alternative sourcing studies considering fully loaded / landed costs,
• Develop inventory valuation methodology for financial statement presentation in accordance with GAAP (lower of cost or market),
• Participate in month end closing and analysis,
• Develop actionable management reporting, dashboards, and KPIs as well as oversee monthly variance analysis and operating reviews to track overall business success,
• Work closely and collaborate with management teams to gather analyze and prepare recommendations regarding financial plans, operating forecasts and other analytical projects,
• Be an integral role in the implementation of new ERP System