Senior Cost Analyst

Watts Water Technologies•North Andover, MA

3d•$100,000 - $110,000•Hybrid

About The Position

We’re Watts. Together, we’re reimagining the future of water. We feel proud every day about what we do. We're all part of the same crucial mission, no matter what function we support -- it's to provide safe, clean water for the world, and to protect our planet's most valuable resource. What we do: For 150 years, Watts has built best-in-class products that are trusted by customers in residential and commercial settings across the world. We are at the forefront of innovation, working with cutting-edge technology to provide smart and connected, sustainable water solutions for the future. Watts is a leading brand with a quality reputation — and we have a dynamic future ahead. Scope of Position Reporting to the Sr. Finance Manager, Operations FP&A and Central Support, the Sr. Cost Analyst will play an integral part within Watts, supporting both internal and external financial processes. This position will also have exposure to the financial leadership team as well as other operations leaders throughout the organization and serve as a key member of the finance team expected to leverage the financial data to drive transparency, consistency, accountability and performance within the operating businesses. The Sr. Cost Analyst will also make ongoing recommendations to make process improvements and efficiencies, lead small project teams and participate in presentations to leadership. This position is hybrid and based in North Andover, MA.

Requirements

BA/BS in Accounting or Finance.
5+ years of experience in a Cost Financial Analyst role or similar.
Experience working in a manufacturing/industrial/logistics setting is required.
Expert understanding of financial frameworks and concepts with the ability to design/conduct complex financial analysis.
Advanced understanding of how financial decisions impact overall business performance with the ability to influence decision-making.
Expert Excel skills including: VLOOKUP, sumifs, pivot tables, ability to effectively manipulate and organize large amounts of data.
Self-motivated, problem solver, strong attention to detail and ability to work both independently and in a team environment.
Superior organization skills, ability to multi-task and rearrange priorities as needed, monitor workflow in meeting critical deadlines and project timetables.
Requires strong communication and interpersonal skills, with ability to work effectively with all levels and functions in the organization including senior leadership.
Must be able to maintain a high degree of confidentiality.
Demonstrated ability to lead small project teams with a process improvement mindset.
Advanced knowledge of SAP, HFM, ERP, Cognos/BI.

Nice To Haves

Experience with large, multi-national, public corporations preferred.
General Applicable Company Competencies Commitment to Watts’ values of integrity, accountability, continuous improvement and innovation, and transparency.
Punctuality and dependability.
Ability to be flexible and adapt to changing work priorities and stressful conditions.
Adherence to all personnel policies, procedures, and standards of process as implemented by Watts.
Maintain productive and collaborative relationships with other Watts employees.
Adherence to Watts’ seven cultural beliefs: Growth Mindset, Customer-Focused Innovation, Constant Communication, Clear Goals, Collaborate Globally, Be Inclusive, and Take Action.

Responsibilities

Develop catalogue of financial tools to drive simplification, efficiency and process automation and lead small project teams for process improvement initiatives.
Drive coordination of various financial processes toward timely completion of deliverables, such as:
Annual Standard Cost Process across all ERP systems
Daily and Monthly Off Cycle Cost Rolls for New Product Development
Ad Hoc requests related to Standard Cost
Provide timely, relevant and accurate reporting / analysis of performance versus various markers (i.e., historical, budgeted, forecasted) to facilitate strategic, decision-making processes including communicating the results to management.
Inventory Inter / Intra ERP PPV
Lead functional budgeting / forecasting processes through analytical assessments, such as:
Expense tracking to Plan / Forecast
Identifying potential risks and opportunities
Offer mitigation steps and / or tactics to deliver on performance commitments
Maintain effective communication and collaboration with functional leaders, operational teams, platform finance as well as corporate teams to achieve common objectives.
Perform complex levels of ad-hoc financial analysis to support business decision-making.
Proactively identify continuous improvement opportunities within existing processes to foster efficiency, collaboration and alignment on key performance drivers.