Senior Cost and Operations Analyst
SUMMARY: The Cost & Operations Analyst will manage product cost records, conduct monthly cost rollups, and prepare cost estimates for new products. They will analyze cost differences between manufacturing options, track cost trends, and provide recommendations for cost improvements. Responsible for maintaining strong relationships with internal teams and external partners.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Perform month end duties to ensure a proper and timely close of inventory.
Participates in month end close activities, including creating journal entries and reconciling inventory.
Prepare and analyze monthly cost variance and inventory reports.
Analyze supply chain data to identify opportunities for cost savings, process improvements, and operational efficiencies
Monitor inventory levels, demand forecasts, and supply plans to ensure product availability
Support demand planning and inventory optimization initiatives
Analyze results and provide recommendations to management to monitor division performance and control operating costs. This includes partnering with operations to support their initiatives.
Prepare ad hoc reporting and analysis as requested by business partners.
Support financial and internal audit requests.
Maintain a thorough, accurate and complete record of actual and expected product cost.
Execute monthly cost rollup in ERP system and highlight reasons for cost changes.
Track, report out and interpret costing trends to help leadership understand business impact and plan accordingly.
Support system automation changes and upgrades.
QUALIFICATION REQUIREMENTS:
EDUCATION AND/OR EXPERIENCE:
Bachelor's degree in Finance or Accounting. Equivalent relevant experience considered.
2-5 years of work experience in operations and/or production cost analysis in a manufacturing environment required; technology manufacturing experience preferred.
Strong understanding of manufacturing costs and cost accounting.
Excellent computer skills and knowledge of Microsoft programs (Excel).
REQUIRED SKILLS AND QUALIFICATIONS:
Organized, methodical and thorough in compiling and analyzing data, and in maintaining records.
Excellent written and verbal communication skills.
Excellent time management and ability to manage multiple priorities with minimal supervision.
Ability to build successful working relationships with different departments.