FINANCE ANALYST (Costing)

Job Overview

Responsible for providing financial support and performance analysis to the global/regional operations and plant management teams. The role requires an exceptional business partner to drive organizational success through the development and execution of financial strategies. Key responsibilities include managing a team of operational financial analysts/plant controllers, consolidation and analysis of actual results/forecasts/budgets, conducting monthly plant reviews, product/conversion/material productivity analysis, driving freight/inventory reductions, and supporting capital investments. The position also requires coordination with the regional/global BU supply chain team.

What your background should look like:

JOB RESPONSIBILITIES:

• Conduct month-end closing costing activities and perform related analysis.
• Support annual budget, monthly forecasts, specifically regarding operational cost and performance.
• Manufacturing and cost improvements by maintaining, reviewing BOM and Routing, and future development standard costing processes.
• Make estimates of new and proposed product costs
• Analysis of manufacturing cost variance in monthly financial report package: Purchase price variance (PPV), material efficiency variance, processing cost variance and collaborate with other departments to optimize cost efficiency
• Monitor inventory levels and review inventory aging slow and obsoleted moving and escalated to operations for improvement.
• Closely monitor the costing and inventory of warehouse, branches and project sites
• Investigate cycle counting variance and resolve issues
• Provide quarterly and annual review & audit schedules and support for external and internal audits.
• Ensure compliance with accounting standards and regulations
• Special projects and ad hoc account analysis as necessary
• Other accounting and finance duties as assigned by Controller

QUALIFICATIONS:

• Bachelor’s degree in Accounting, Finance or a related field.
• Minimum 3-5 years of experience in cost accounting, preferably in manufacturing environment
• Solid knowledge of standard costing, cost analysis and inventory valuation.
• Strong analytical, understanding of cost accounting principles and practices
• Possess efficient work ethics with proven ability and able to work under pressure and meet deadlines
• Fluent in written and spoken English.
• Proficient in accounting software-ERP, or SAP will be the must and Microsoft office Suite (Excel, Word, PowerPoint).
• Good communication and presentation skills.

Competencies