Senior Cost Analyst

Watts Water•North Andover, MA

1d•Hybrid

About The Position

Watts is a company with 150 years of experience, building best-in-class products for residential and commercial water solutions, focusing on innovation and sustainable water solutions. The Senior Cost Analyst, reporting to the Sr. Finance Manager, Operations FP&A and Central Support, will be an integral part of Watts, supporting internal and external financial processes. This role offers exposure to financial leadership and other operations leaders, serving as a key member of the finance team to leverage financial data for transparency, consistency, accountability, and performance within operating businesses. The Senior Cost Analyst will also make recommendations for process improvements and efficiencies, lead small project teams, and participate in presentations to leadership. This is a hybrid position 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.
Travel 10%

Nice To Haves

Experience with large, multi-national, public corporations preferred.

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.