Senior Cost Analyst

Date Posted:
2022-09-24-07:00
Country:
United States of America
Location:
CAI23: Carrier-Indianapolis, IN 7310 W Morris St, Indianapolis, IN, 46231 USA
GENERAL RESPONSIBILITIES:

• Maintain the bills of material in our Glovia ERP system. Verify the accuracy of structures, routings, usage amounts, and costs. Incorporate bill of material changes into our ERP in a timely manner to ensure inventory accuracy.
• Lead the annual standards-setting process.
  • Work with the Materials organization to understand projected material costs.
  • Set labor and burden rates by working with operations to understand how labor and burden should be allocated across different product lines.
  • Determine inbound freight rates based on historical and projected usage.
  • Report out the final standards roll to senior leadership and identify reconciling items to the financial plan.
• Assist Plant leadership with the annual physical inventory and analyze results to determine the root cause of usage variances and report on the proposed book-to-ledger adjustment. Work with the Materials team throughout the year to correct and monitor usage variances.
• Finance liaison for Product Engineering; participate in engineering re-design discussions to ensure proposed cost savings scenarios are accurately being presented to management. Provide make versus buy scenarios to enable management to make sound judgments.
• Compile the monthly purchase price variance forecast and work with purchasing department to understand price variances and upcoming material productivity projects and report out to senior leadership.
• Prepare journal entries at month end focusing on entries related to production, Inventory transfers, and vendor material surcharge accruals.
• Complete monthly account reconciliations including reconciliation of the Inventory account.
• Ensure preparation of financial information is in accordance with GAAP & Sarbanes-Oxley and assist with internal & external audits.
• Perform Ad-hoc analysis and provide accounting support to plant leadership

EDUCATION:

The successful candidate will possess a bachelor's or master's degree in accounting or finance and at least 2-4 years of relevant experience.

MBA or CPA/CMA a plus, but not required

QUALIFICATIONS:

Specific qualifications for the role include:

• Cost accounting experience in a manufacturing environment.
• Experience working in an ERP system and working on bill-of-material issues
• Demonstrated process improvement mindset
• Advanced level Excel skills and proficiency in other Microsoft office applications
• Strong project management skills with attention to detail and delivering a quality work product on time.
• Strong communication skills and the ability to concisely and effectively convey results of analysis both orally and in written format.
• Detail-oriented, well organized, and able to manage multiple and conflicting priorities under tight deadlines.
• Knowledge and application of Generally Accepted Accounting Principles and internal controls procedures.

Carrier is An Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age or any other federally protected class.

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