Cost Analyst, Intercompany

Balchem Corporation•Montvale, NJ

About The Position

The Cost Analyst, Intercompany Operations supports financial controls, inventory valuation, and accounting processes for intercompany transactions across Balchem’s global network. The role helps ensure that intercompany inventory transactions are recorded, reconciled, valued, and reported in accordance with company accounting policies and financial reporting requirements. It supports monthly intercompany profit-in-inventory eliminations and works with Supply Chain and Accounting colleagues to resolve transaction exceptions and improve accuracy, control, and scalability across the global intercompany operating model.

Requirements

Bachelor's degree in Accounting, Finance, Business, Supply Chain, or a related field.
One to three years of experience in accounting, cost accounting, finance, inventory accounting, supply chain finance, or a related field is preferred.
ERP experience is preferred, including D365, SAP, Oracle, or similar systems.

Nice To Haves

CPA, CMA, or pursuit of a professional certification.
Experience with D365, SAP, Oracle, or similar ERP systems.

Responsibilities

Maintain and support standard costing in D365, including reviewing cost versions, transfer prices, inventory costing data, and related master data.
Analyze manufacturing, purchase price, freight, and inventory-related variances that affect intercompany inventory valuation.
Review intercompany receipts, shipments, transfers, and related ERP activity to support accurate inventory valuation.
Investigate inventory valuation discrepancies and coordinate resolution with Supply Chain, Operations, and Accounting teams.
Support inventory-related month-end close activities, journal entries, and supporting schedules.
Maintain documentation for intercompany inventory accounting, reconciliations, and issue resolution.
Prepare and maintain monthly calculations for intercompany profit-in-inventory eliminations.
Analyze intercompany inventory balances, sales activity, cost data, and remaining inventory positions to determine unrealized profit requiring elimination.
Coordinate with Corporate Accounting, Consolidations, Operations Finance, and business finance teams to ensure eliminations are complete, accurate, and supported.
Identify opportunities to standardize, document, and automate intercompany profit elimination calculations and reporting.
Follow intercompany accounting policies, close procedures, and control requirements.
Support timely account reconciliations and related supporting documentation.
Assist with internal and external audit requests concerning inventory valuation, intercompany accounting, and profit-in-inventory eliminations.
Work with Accounting, Finance, Supply Chain, Procurement, and Operations colleagues to resolve transaction and reconciliation exceptions.
Escalate recurring process breakdowns, data gaps, or control concerns to the intercompany team and management.
Collaborate with Intercompany Planners, Supply Chain teams, Accounting, and Finance to resolve inventory, shipment, pricing, and transaction discrepancies.
Support monthly reviews of intercompany balances, inventory positions, reconciliation metrics, and open items.
Participate in the Intercompany Process Improvement Team, focused on standardization, automation, reporting enhancements, and operational efficiency.
Support testing and implementation of ERP enhancements, reporting tools, and new controls.
Maintain and update process documentation, standard work, and accounting procedures.
Identify recurring transaction and reconciliation issues and recommend improvements.