Specialist, Labor Cost
About The Position
The Specialist, Labor Cost works in a fast-paced, dynamic environment and collaborates with departments across the organization to manage and report productivity and labor efficiency results and capture labor costs for MTM. The role coordinates labor budgeting and forecasting, analyzes plan-versus-actual results, supports financial reporting and audits, and works with payroll and other teams to understand labor cost drivers. It also reports labor performance to senior management, supports cost improvement and capital project analysis, and completes monthly financial close activities. The position may require work outside typical business hours and domestic and international travel as needed.
Requirements
- High school diploma.
- Strong Microsoft Excel skills.
- Ability to work independently.
- Strong organizational skills and attention to detail.
Nice To Haves
- Bachelor’s degree or higher in Accounting, Finance, or a related field.
- Two or more years of cost analysis experience in manufacturing.
- Experience with major ERP systems such as SAP, Oracle, JD Edwards, or Workday Adaptive Planning.
Responsibilities
- Coordinate annual, quarterly, and monthly labor budget and forecast processes.
- Conduct quarterly and monthly plan-versus-actual variance analysis.
- Prepare information requested for the annual financial statement audit.
- Build team member relationships at all levels and promote development, coaching, mentoring, teamwork, and inclusion.
- Collaborate with international team members from Mazda, Toyota, and other customers.
- Work with cross-functional departments to analyze process and total headcount per shop.
- Calculate and analyze total work time hours for each shop.
- Partner with the payroll team to identify labor cost drivers and explain gaps to plan.
- Report labor cost results and drivers in monthly financial reporting and cost obeya meetings to senior management.
- Create daily, weekly, and monthly reports visualizing plan-versus-actual labor cost results.
- Identify and calculate labor cost impact and ROI of capital projects.
- Coordinate cost improvement management activities.
- Collaborate with other departments to develop effective labor data and reports from various systems.
- Manage and report year-over-year HPU (hours per unit) results.
- Collaborate with Cost Management and Financial Reporting team members as needed.
- Perform other related duties as assigned by the department.
- Work outside typical business hours and travel domestically and internationally as needed.
- Complete monthly financial close activities as required.
Benefits
- Comprehensive healthcare and wellness plans.
- 401K Savings Plan featuring a company match.
- Paid holidays and paid time off.
- Vehicle Discount Program.
- Child Care Assistance Program.
- Relocation Assistance, if applicable.
- Annual salary and a yearly discretionary bonus based on company and individual performance.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
High school or GED
