Cost Analyst

Cummins Talent Acquisition•Fridley, MN

About The Position

We are looking for a talented Cost Analyst to join our team specializing in Finance for our Cummins Inc. facility in Fridley, MN. In this role, you will make an impact in the following ways: Enable Smarter Decision-Making By providing accurate and timely cost data, you'll empower management to make informed operational and strategic decisions. Drive Cost Efficiency Your analysis of cost variances (like IPV and PPV) will help identify inefficiencies and areas for cost savings, directly influencing profitability. Ensure Data Integrity Maintaining the cost master and updating standard costs ensures consistency and reliability in financial reporting and planning. Support Product Lifecycle Management Creating and maintaining costing for new items helps ensure accurate pricing and margin analysis from product launch onward. Improve Financial Transparency Conducting cost audits and variance analysis will uncover hidden issues and provide clarity on cost drivers across departments. Enhance Inventory Valuation Accuracy Your involvement in inventory valuation ensures that financial statements reflect true inventory costs, supporting compliance and audit readiness. Facilitate Cross-Functional Collaboration By identifying data needs and working with other departments, you'll foster collaboration and streamline data flows for better analysis. Strengthen Strategic Presentations Preparing analysis and presentation materials for leadership helps translate complex data into actionable insights, influencing high-level decisions.