Cost Analyst (Sr)

Tremco Construction Products Group•Beachwood, OH

About The Position

The Cost Analyst (Sr) analyzes costs, prepares reports, and supports management in making informed decisions, particularly regarding production and inventory. The analyst will monitor and analyze inventory valuation, production costs, and variances between actual and standard costs and contribute to cost modeling for new technologies and requests for information (RFIs).

Requirements

Knowledge of SAP, HFM, Hyperion Planning required.
Strong proficiency with Microsoft Office suite with advanced understanding of Excel.
Must possess high level analytical skills and ability to recognize trends and errors and explain/correct them.
Must be action oriented and have the ability to effectively handle multiple projects concurrently, must proactively manage workload, and adhere to deadlines.
Excellent written and verbal communication skills with the ability to speak with all levels of the organization.

Nice To Haves

CPA or CMA a plus.

Responsibilities

Provide regular forecasting on costs of goods sold (COGS) including standard cost, purchase price variance (PPV), production order, and manufacturing variances.
Produce executive summaries, plant metric reports, volume reports by plant as well as analysis of inventory accuracy, facility cycle counts and physical inventory adjustments.
Prepare inventory reconciliation for all plants/warehouses; report changes to inventory and effects on the financial performance of the business.
Provide plant management teams with financial data as required.
Prepare monthly journal entries including slow moving, obsolete, and distressed inventory.
Track and review all manufacturing spend; propose reclassification entries or accruals as necessary and note anomalies for management.
Perform quarterly inventory revaluation price test of inventory for all plants/warehouses.
Prepare monthly currency exchange reconciliation.
Reconcile cost of sales numbers.
Liaise with internal/external auditors for quarterly and annual audits.
Perform daily cost runs and validate accuracy of costs on a timely basis.
Analyze process order variances and work with plants to correct any errors.
Review purchase price variance accounts and work with purchasing and plants to correct any errors.
Perform annual cost role for all products at each plant/warehouse.
Work directly with plant management on annual budgets including assumptions, data validation, and variance analysis; load plan to various financial systems, as necessary.
Aide in planning cost of sales components.
Prepare financial exhibits and variance schedules as required.
Calculate annual labor and overhead rates for all cost centers.
Prepare and schedule assessment with new year plan percentages.
Assist in special projects as assigned.