Costing Analyst

Quaker WindowsFreeburg, MO
2dOnsite

About The Position

The Costing Analyst applies principles of cost accounting to provide detailed cost information not supplied by general accounting systems. The position collects and analyzes data to determine costs of business activity, such as raw material purchases, inventory and labor. The Costing Analyst maintains a standardized cost system to ensure business objectives are met and analyzes changes in product design, raw materials, manufacturing methods or services provided to determine effects on costs.

Requirements

  • An individual must be able to perform each essential duty satisfactorily.
  • The requirements listed below are representative of the knowledge, skill, and/or ability required.
  • Fluent in Microsoft applications, particularly Excel spreadsheets & formulas.
  • Demonstrated understanding of accounting and inventory practices.
  • Demonstrated understanding of database and file structure relationships to connect multiple data sources.
  • Proficient with Bill of Material and Labor Costing methods.
  • Associate's Degree
  • Bachelor's Degree preferred with an emphasis in Accounting, Finance or a related field
  • Minimum 2 Years of Costing Experience may be used in lieu of the Associate's Degree
  • Problem Solving
  • Compliance Focused - Adherence to Company Policies and Procedures
  • Data Accuracy
  • Communication Proficiency and Listening
  • Exceptional Clarity when Explaining Complex Concepts
  • Discretion and Confidentiality
  • Flexible and Reliable
  • Collaboration

Responsibilities

  • Pricing Maintenance and Support: Assist with analysis, review, and update of monthly product component costs. Provide pricing support and assistance as needed.
  • Product Component Parts: Review new and existing parts to ensure accurate cost and system data flow. Understand vendor / part relationships and cost drivers.
  • Inventory Cost Valuation: Understand inventory valuation processes including product structures, work centers, labor requirements, cost rollups, etc.
  • Product Costing Liaison between Departments: Provide support and act as liaison between manufacturing, product management, engineering, purchasing, IT, accounting and other depts as it relates to product costing.
  • Prices & Profitability Reporting: Provide management with reports comparing factors affecting prices and profitability of products and services. Analyze actual costs and compare to standards. Audit rates and determine areas of improvement.
  • Prompt and regular attendance at an assigned work location.
  • Interact and communicate with employees and customers in an appropriate manner.
  • Availability on site to confer with staff members with whom the employee must interact on a regular basis.
  • Communicate via email
  • Plan, prioritize and monitor cost review activities.
  • Complete assigned tasks and projects in a timely manner.

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What This Job Offers

Job Type

Full-time

Career Level

Entry Level

Education Level

Associate degree

Number of Employees

51-100 employees

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