Cost Management Specialist

Astemo Indiana • Harrodsburg, KY

5d • Onsite

About The Position

The Cost Management Specialist helps lead the plant’s cost management function, providing accurate and timely analysis of production costs, variances, and performance metrics to improve operational and financial efficiency. The role partners with Operations, Supply Chain, Engineering, and Finance to support decision-making, identify cost-saving opportunities, and strengthen the plant’s financial performance.

The position is primarily based in a manufacturing environment and may involve occasional travel to support corporate initiatives, customers, or suppliers. Occasional overtime or off-shift support may be required during audits or critical system implementations.

Astemo is an equal opportunity employer. The company describes its workplace as inclusive and emphasizes diversity, inclusion, collaboration, and ensuring employees feel valued, respected, and empowered. Reasonable accommodations are available during the application process by contacting [email protected].

Requirements

• Bachelor’s degree in Accounting, Finance, Industrial Engineering, or a related field.
• 2–3 years of progressive experience in cost accounting, financial analysis, or operations finance.
• Strong leadership and team development capabilities.
• In-depth knowledge of manufacturing cost structures, variance analysis, and operational finance.
• Proficiency in ERP systems such as SAP, Oracle, QAD, or similar, and advanced Excel skills.
• Excellent communication skills and the ability to translate financial data into operational insights.
• Strong business acumen with a results-driven, problem-solving mindset.
• Ability to manage multiple priorities in a fast-paced environment.

Nice To Haves

• MBA or CPA/CMA.
• Prior experience in automotive manufacturing or a tier-one/tier-two supplier environment.

Responsibilities

• Collect, analyze, and report cost data related to materials, labor, and manufacturing overhead.
• Develop and maintain cost models, dashboards, and reporting tools for management decision-making.
• Perform variance analysis, including actual versus standard and budget versus forecast, and explain the drivers of deviations.
• Partner with operations, engineering, and supply chain teams to identify cost-reduction opportunities.
• Support new product costing, including bill of materials (BOM), routing, and overhead allocation.
• Monitor inventory valuation and perform reconciliations in collaboration with accounting.
• Assist in preparing annual budgets, forecasts, and rolling estimates.
• Ensure compliance with internal controls, corporate policies, and accounting standards.
• Provide ad-hoc financial analysis to support business decisions, such as make-versus-buy decisions, capital investments, and pricing strategies.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level