Product Cost Controller
About The Position
The Product Cost Controller is part of the Factory Finance team and supports product cost management across the product lifecycle, from new product development and business case evaluation through serial production and customer shipment. The role partners with Engineering, Operations, Product Management, and Sales to evaluate product profitability, support investment decisions, and identify cost optimization and operational improvement opportunities. The position develops and maintains product cost models, prepares Earned Value Analysis (EVA) and business case evaluations for new products and product enhancements, and analyzes product performance to support strategic decision-making and profitable growth. It is based at Innomotics’ New Kensington, Pennsylvania facility and follows a hybrid schedule; local candidates are preferred.
Requirements
- Bachelor's degree in Finance, Accounting, Business, Engineering, or a related field.
- At least 5 years of experience in Product Cost Controlling, Cost Accounting, Manufacturing Finance, or related finance roles.
- Strong understanding of product costing, cost analysis, and fixed/variable cost structures.
- Experience developing financial models, business cases, and profitability analyses.
- Proficiency with SAP or similar ERP systems, Excel, and Power BI.
- Strong analytical, problem-solving, and communication skills.
- Ability to partner effectively with cross-functional teams and drive initiatives to completion.
Nice To Haves
- Manufacturing or industrial industry experience.
Responsibilities
- Prepare Earned Value Analysis (EVA) and financial business cases for new products and product enhancements.
- Provide commercial and financial support for new product introductions and engineering change initiatives.
- Analyze Bills of Materials (BOMs), manufacturing processes, and value flows to identify product cost improvement opportunities.
- Perform variance analysis between projected and actual product costs and recommend corrective actions.
- Monitor product line profitability, cost performance, and margin improvement opportunities.
- Partner with cross-functional teams to support go/no-go decisions and strategic business initiatives.
- Develop ad hoc financial analyses and reporting to support operational and commercial decision-making.
- Leverage SAP and digital tools to automate processes, improve reporting, and enhance data visibility.
- Support continuous improvement initiatives related to cost controlling, reporting, and NCC processes.
- Troubleshoot and resolve moderately complex financial and operational issues.
Benefits
- Competitive compensation based on qualifications.
- Medical, dental, prescription, and vision coverage beginning on the first day of employment.
- Matching 401(k) with immediate employer match.
- Competitive paid time off plan, paid holidays, and floating holidays.
- Career development opportunities.
- Education and tuition reimbursement programs.
- Flexibility to work remotely a few days a week.
- Paid parental leave.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
