Senior Product Costing Analyst (SAP CO)

Cargill's size and scale allows us to make a positive impact in the world. Our purpose is to nourish the world in a safe, responsible and sustainable way.

We are a family company providing food, ingredients, agricultural solutions and industrial products that are vital for living. We connect farmers with markets so they can prosper. We connect customers with ingredients so they can make meals people love. And we connect families with daily essentials - from eggs to edible oils, salt to skincare, feed to alternative fuel. Our 160,000 colleagues, operating in 70 countries, make essential products that touch billions of lives each day. Join us and reach your higher purpose at Cargill.

Job Purpose and Impact

The Senior Product Costing Analyst (SAP CO) will provide product costing expertise to ensure resources used during the manufacturing process are systematically recorded and reported in support of costing and profitability strategies. In this role, you will work closely with the finance and operations team to develop activity-based product cost standards that represent the true cost of goods manufactured, ensure when changes are proposed, the effects on the product costs are as intended and monitor the product costing process to ensure that transactions recorded reflect actual activity. You will serve as the domain specialist for product costing to analyze price and usage variances and advise the operations teams on possible methods to sustain or improve the manufacturing process.

Key Accountabilities

• Lead yearly product costing planning initiatives which includes production volumes and spending, calculating, and analyzing activity rates and allocations. Finally, to ensure the setup of reasonable standard cost include material cost, activity rate, and overhead allocation.
• Align stakeholders on the design and development of costing solutions and the fit with other processes using knowledge of complex costing and pricing models and their impact on design, profitability and controlling profitability analysis reporting.
• Review and approve new and revised bills of materials and receipts and to ensure they properly reflect the true cost of production and align with the business's product costing policies and strategies.
• Analyze product costing trends at the cost component level and identify and report on trends including fixed versus variable costs and oversee the execution of monthly product cost estimates.
• Routinely monitor purchase price variances and process order variances and proactively identify, research, and facilitate correction of pricing or activity errors and oversee the execution of monthly product costing estimates.
• Reconcile period end material ledger valuation to ensure end balances for quantities and pricing are aligned with the product costing process and identify and report non distributed or non-allocated product costs, analyzing root causes of issues and facilitate resolution to prevent reoccurrence.
• Provide domain expertise for product costing and participate in the drafting of policies and procedures that impact the material ledger or product costing and assist in building and validating processes that support adherence.
• Independently handle complex issues with minimal supervision, while escalating only the most complex issues to appropriate staff.
• Other duties as assigned.

Qualifications

MINIMUM QUALIFICATIONS

• Bachelor's degree in accounting, finance or related field or equivalent experience
• Strong knowledge of enterprise resource planning product costing
• Minimum of four years of related work experience

PREFERRED QUALIFICATIONS

• Deep understanding in accounting and financial statements impacted to Cost of Goods Sold/Cost of Goods Manufactured and inventory valuation under various accounting standards (local and global).
• Experience in plant finance related to management reporting, planning, product profitability and plant performance analytics in the manufacturing industry.
• Strong SAP CO knowledge, especially in standard cost calculation, cost capture and allocation, variance analysis, month end closing and material ledger.
• Deep understanding in costing value flow and ability to analyze and provide business costing insight and improvement suggestions for the plant and supply chain.
• Strong leadership and ability to manage complexity, and drive results in a rapidly changing environment.
• Minimum of 7~10 years of related work experience
• Experience as a Process Expert, SME (subject matter expert) or super user in CO (Controlling) for an SAP implementation.
• Knowledge in SAP PP/PI
• Strong background in SAP CO
• Exposure in global/regional product costing

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Minnesota Sick and Safe Leave accruals of one hour for every 30 worked, up to 48 hours per calendar year unless otherwise provided by law.

Equal Opportunity Employer, including Disability/Vet.