Senior Cost Analyst

MegaFood•PHV - 16 Delta Drive, NC
•$80,000 - $146,000•Hybrid

About The Position

The Senior Cost Analyst is responsible for accurate product costing, inventory valuation, manufacturing variance analysis, and financial insights across the end-to-end supply chain. This role partners closely with Procurement, Planning, Manufacturing, Quality, Logistics, and Commercial teams to improve cost transparency and support profitable, compliant growth in the vitamin, mineral, and supplement industry. The successful candidate combines strong cost-analysis and manufacturing-finance fundamentals with operational curiosity and the ability to translate complex data into practical actions. The role supports products manufactured internally and through contract manufacturers.

Requirements

  • Bachelors Degree or equivalent work experience Accounting, Finance, or related field.
  • 7-9 years related experience progressive accounting and finance experience.
  • Minimum 3 years of cost accounting experience within a manufacturing environment.
  • Experience supporting supply chain, operations, or manufacturing finance functions.
  • Strong understanding of cost accounting principles, inventory accounting, and U.S. GAAP.
  • Advanced proficiency in Microsoft Excel, including PivotTables, Power Query, lookups, and financial modeling.
  • Experience with ERP systems such as Hyperion, SAP, Oracle, Microsoft Dynamics, NetSuite, or similar platforms.
  • Understanding of manufacturing processes, inventory management, procurement, and supply chain operations.
  • Excellent analytical, problem-solving, and organizational skills
  • Ability to translate financial data into actionable business insights.
  • Strong communication and presentation skills with the ability to influence cross-functional stakeholders.
  • Self-starter with the ability to manage multiple priorities in a fast-paced environment.
  • Continuous improvement mindset with experience identifying and implementing process enhancements.

Nice To Haves

  • Experience in Vitamins, Minerals & Supplements, Consumer Packaged Goods (CPG), Food & Beverage, Nutraceuticals, or Pharmaceutical manufacturing preferred.
  • CPA, CMA, or MBA.

Responsibilities

  • Maintain and validate standard costs, including bills of material, formulas, routings, labor, overhead, freight, duties, and other landed-cost elements. Lead the annual costing and update costs for product, sourcing, packaging, site, and productivity changes.
  • Serve as a finance business partner to Operations; analyze purchase price, usage, yield, labor, overhead, mix, volume, and manufacturing variances, translate findings into action, and drive performance improvements with operational leaders.
  • Support the monthly inventory and cost-of-goods-sold close, including variance and reserve analyses, reconciliations, management reporting, and supporting schedules or journal entries with Accounting.
  • Partner with Supply Chain and Procurement on supplier, commodity, minimum-order, freight, tariff, duty, and make-versus-buy analyses.
  • Support product development and commercialization through cost estimates, target-cost and margin analysis, and post-launch validation.
  • Transform Supply Chain reporting by improving data quality, standardizing KPIs, automating recurring reports, and building actionable dashboards for cost, yield, scrap, inventory, forecast accuracy, service, and productivity.
  • Strengthen inventory and costing processes and controls with Accounting, Operations, and Supply Chain, including cycle counts, physical inventories, master data, cost changes, and adjustments.
  • Support audits through clear schedules, costing methodology explanations, and documentation of assumptions and controls.
  • Support S&OP with financial analysis of demand, supply, inventory, capacity, and scenarios; highlight risks and opportunities and align operational plans with financial expectations.

Benefits

  • Competitive compensation programs
  • Standout benefits
  • Optimal health and well-being
  • Peace of mind
  • New recognition program
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