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Cost Analyst

https://www.roberthalf.com Logo

Robert Half

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Location:
United States, Howell, New Jersey

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Category:
Finance

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Contract Type:
Not provided

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Salary:

Not provided

Job Description:

The Cost Analyst is responsible for analyzing Cost Accounting data such as purchases, inventory, and labor to determines the impact of these costs and identify potential inefficiencies. Analyzes financial status by collecting, monitoring, studying data and recommending actions.

Job Responsibility:

  • Analyzing Cost Accounting data such as purchases, inventory, and labor to determines the impact of these costs and identify potential inefficiencies
  • Analyzes financial status by collecting, monitoring, studying data and recommending actions

Requirements:

  • Plans, study and collects data to determine costs of business activity such as raw material purchases, inventory, and labor
  • Communicates results and variances to upper management with relevant information
  • Provide detail analysis on material upsets and variances compared to budgets
  • Prepare Standard Cost rolls every 6 months
  • update raw materials prices and develop new labor/overhead rates
  • Prepares and maintains various month end and quarter end reports and schedules with knowledge of results
  • Analyzes data obtained, identifies issues and records results
  • Retains past knowledge and uses it to assess future directives and forecasts
  • Analyzes actual manufacturing costs and prepares periodic report comparing standard costs to actual production costs
  • Analyze monthly COGS, sales and gross profit by location and major product groups
  • Ability to work with complex spreadsheets, identifying issues and verifying outputs
  • Provides management with reports specifying and comparing factors affecting prices and profitability of products or services
  • Coordinate cost changes of the intercompany prices with affiliates as necessary
  • Prepares budgets (capital, expense, revenue), reviewing budget proposals, and preparing necessary supporting documentation for all locations
  • consolidating and analyzing on a semiannual basis
  • Assists preparation of external audit documents
  • Work with production department to recommend cost efficiencies in new product layouts
  • Assists affiliated sites with costing issues
  • Be able to interpret BOMs and routings for all products
  • Guides cost analysis process by establishing and enforcing policies and procedures
  • providing trends and forecasts
  • explaining processes and techniques
  • recommending actions
  • Sound understanding of loaded hourly cost rates and absorption transactions
  • Maintains data base by entering, verifying, and backing up data
  • Prepares, analyzes, and explains quarterly inventory valuation results understanding the underlying factors
What we offer:
  • medical
  • vision
  • dental
  • life and disability insurance
  • 401(k) plan

Additional Information:

Job Posted:
March 25, 2025

Employment Type:
Fulltime
Work Type:
On-site work
Job Link Share:
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