Product Costing Analyst
About The Position
The Product Costing Analyst performs moderately complex cost accounting activities to inform business decision-making. The role implements the costing process for a moderately complex costing business, monitors and identifies deviations, guides multiple areas in implementing solutions, and responds to business requests. With limited supervision, the analyst examines and reports on costs associated with producing goods or services to identify insights and support cost-efficiency optimization. The position also partners with cross-functional teams to ensure accurate cost allocation and implement cost-saving opportunities. The role is based in Wichita, Kansas, or Wayzata, Minnesota, with a hybrid work arrangement requiring regular in-office collaboration. The typical schedule is Monday through Friday, 8:00 a.m. to 5:00 p.m. Relocation assistance and work-visa sponsorship are not provided. The expected salary range is $75,000–$110,000, and the position is eligible for a discretionary incentive award dependent on company and individual performance. Benefits are available as part of the overall rewards program, depending on the position and hours worked.
Requirements
- At least 2 years of relevant work experience.
- Experience in an activity-based costing environment.
- Experience working with related ERP/SAP and planning tools.
Nice To Haves
- Experience conducting financial analysis for operations stakeholders in a manufacturing environment.
- Experience with Power BI or data visualizations.
Responsibilities
- Analyze and reconcile cost variances by comparing actual costs with budgeted costs, identifying insights and improvement opportunities, and supporting cost controls and corrective actions.
- Prepare and maintain accurate cost accounting records for future analysis.
- Collaborate with cross-functional teams on cost-control initiatives, including pricing strategy development, profitability analysis, and cost-optimization projects.
- Provide financial analysis and insights to support strategic decisions about pricing, product profitability, and make-or-buy choices.
- Partner with other teams to prepare moderately complex internal reports covering direct and indirect costs, inventory valuation, cost of goods and services sold, and variance analysis.
- Implement the budgeting and forecasting process, providing input on cost assumptions, projections, and budget inputs.
Benefits
- Comprehensive benefits program, including medical and/or other benefits depending on the position offered and hours worked.
- Discretionary incentive award dependent on company and individual performance.
- Minnesota Sick and Safe Leave accruals of one hour for every 30 hours worked, up to 48 hours per calendar year unless otherwise provided by law (Minnesota only).
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
