Cost and Inventory Analyst, Robert Half

Cost and Inventory Analyst

Robert Half

Location:

United States, Youngstown

Category:

Finance

Contract Type:

Not provided

Salary:

Not provided

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Job Description:

The role of a Cost and Inventory Analyst involves maintaining accurate cost and inventory data, conducting cost analysis, and supporting strategic business decisions.

Job Responsibility:

Planning, Studying, and collecting data to determine costs of business activity such as raw material purchases, assembly costs and intercompany transfers
Analyzing changes in product design, raw materials, manufacturing methods or services provided, to determine effects on cost
Lead the monthly financial inventory closing - journal entries, variance analyses, account reconciliations, etc.
Manage inventory levels, perform inventory audit checks, cycle counts and related inventory adjustments reporting
Review, investigate and explain purchasing variances on a routine basis
Prepare audit reports and analysis for external auditors on inventories
Monitor excess and obsolete inventories and non-conforming materials
Process tracking of material flow in and out of facilities
Providing management with reports specifying and comparing factors affecting prices and profitability of products or services
Maintaining Cost and Inventory Accounting System and its integrity
Daily, weekly batch processing and monthly period end close
Conducts physical inventory counts and responsible for final valuation
Monitors cycle count program and investigates variances
Review average costs and actual costs for inaccuracies
Analyze and report profit margins and volume mix analysis
Responsible for Balance Sheet inventory accounts
Identify and recommend cost-effective solutions
Reviews cost estimates of existing, new, and proposed products as developed by our commercial team to validate appropriate pricing and profitability
Performs in-depth analysis on monthly variances and prepare bridges to budget, forecast and/or prior year
Prepare balance sheet budgets and forecasts for inventory
Support Accounting and Operations as requested

Requirements:

Advanced experience with Microsoft Excel and PowerPoint
Strong verbal and written communication skills
Highest standards of accuracy and precision
highly organized
Strong interpersonal, supervisory and customer service skills required
Ability to multi-task, work under pressure and meet deadlines required
Experience with Sage 300 and MiSys shop floor desirable
Work experience in a lean business environment is highly desirable
Power BI experience desirable
ERP and systems implementation experience desirable

Nice to have:

Experience with Sage 300 and MiSys shop floor
Work experience in a lean business environment
Power BI experience
ERP and systems implementation experience

What we offer:

Medical, vision, dental, and life and disability insurance
Eligibility to enroll in company 401(k) plan

Additional Information:

Job Posted:

March 22, 2025

Employment Type:

Fulltime

Work Type:

On-site work

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