Cost & Budget Analyst

Pure Power Technologies Inc•Jacksonville, NC

10d

About The Position

Cost & Budget Analyst Key Responsibilities Cost Accounting & Analysis Maintain and update standard costs for materials, labor, and overhead in accordance with company policies Analyze variances between standard and actual costs, including material usage, labor efficiency, and overhead absorption Investigate cost variances and collaborate with cross-functional teams to identify root causes and corrective actions Support month-end and year-end close activities related to manufacturing costs and inventory valuation Budgeting & Forecasting Prepare and maintain manufacturing budgets, forecasts, and cost models Support annual standard cost roll-ups and re-costing activities Analyze budget vs. actual performance and provide actionable insights to management Assist in capacity planning and labor cost forecasting Operational & Financial Support Partner with Operations, Engineering, and Purchasing to evaluate cost reduction opportunities Analyze the cost impact of engineering changes, process improvements, and supplier pricing changes Support pricing, quoting, and margin analysis for new and existing products Ensure accuracy of Bills of Materials (BOMs), routings, and labor standards from a cost perspective Reporting & Compliance Develop and maintain cost reports, dashboards, and KPIs for manufacturing performance Ensure compliance with standard cost accounting practices, internal controls, and audit requirements Support internal and external audits related to inventory and cost accounting

Requirements

Bachelor’s degree in Accounting, Finance, Business, or a related field
3+ years of experience in manufacturing cost accounting or financial analysis
Strong knowledge of standard cost accounting methodologies
Experience analyzing material, labor, and overhead variances
Proficiency in ERP systems (e.g., JDE)
Advanced Excel skills (pivot tables, VLOOKUP/XLOOKUP, formulas)
Advanced skills in Power BI or other data visualization tools (construction of reports and usage)

Nice To Haves

Experience in discrete or job-shop manufacturing environments
Familiarity with Lean manufacturing and continuous improvement initiatives
Experience supporting pricing, quoting, or sales margin analysis

Responsibilities

Maintain and update standard costs for materials, labor, and overhead in accordance with company policies
Analyze variances between standard and actual costs, including material usage, labor efficiency, and overhead absorption
Investigate cost variances and collaborate with cross-functional teams to identify root causes and corrective actions
Support month-end and year-end close activities related to manufacturing costs and inventory valuation
Prepare and maintain manufacturing budgets, forecasts, and cost models
Support annual standard cost roll-ups and re-costing activities
Analyze budget vs. actual performance and provide actionable insights to management
Assist in capacity planning and labor cost forecasting
Partner with Operations, Engineering, and Purchasing to evaluate cost reduction opportunities
Analyze the cost impact of engineering changes, process improvements, and supplier pricing changes
Support pricing, quoting, and margin analysis for new and existing products
Ensure accuracy of Bills of Materials (BOMs), routings, and labor standards from a cost perspective
Develop and maintain cost reports, dashboards, and KPIs for manufacturing performance
Ensure compliance with standard cost accounting practices, internal controls, and audit requirements
Support internal and external audits related to inventory and cost accounting