Job Description:
Location: Santa Fe Springs, CA
Salary: $75,000.00 USD Annually - $85,000.00 USD Annually
Description: Our client is currently seeking a full-time Cost Analyst to join their team based out of Santa Fe Springs, CA. Below, you will find the full job description for your review. If qualified and interested, please apply immediately!
Job Summary:
The Cost Analyst is responsible for providing cost analysis to assists management in decision making or other financial initiatives. Performs variance analysis between actual and standard costs. Monitors, analyzes, and reports on inventory valuation, production, and various other costs.
Responsibilities:
- Gather and analyze ERP production and financial data
- Determine standard costs and investigate variances with actual costs
- Prepare detailed reports, both periodically and ad-hoc
- Help management make important decisions based on costs and benefits (e.g. investments, market growth, pricing changes)
- Set manufacturing standards for productivity, headcount, waste, etc. that consider actual production history and the theoretical possible efficiency of the manufacturing processes.
- Produce reports that capture the variances between manufacturing standards and actual performance
- Monitor changes in processes or methods to calculate effects on overall cost
- Estimate product costs for existing and new products
- Forecast and analyze costs of processes, labor and inventory
- Suggest cost-reduction and profitability improvement actions
- Update product cost estimates that reflect changes in raw material or other input costs and the manufacturing process
- Contribute cost and efficiency estimates to the annual budgeting process
- Periodically recommend customer price changes required to cover changes in costs that are needed to maintain profitability. Present to management a concise and convincing explanation for the recommended customer price change that can be communicated to the customer.
Qualifications:
- 3 years' experience in data, operational and financial analysis
- Knowledge of accounting processes and ERP systems
- Experience in the dietary supplement field or food manufacturing preferred
- Experience as a cost analyst, programmer or similar role is a plus
- Strong analytical and Excel skills
Contact: lhanusey@judge.com
This job and many more are available through The Judge Group. Find us on the web at www.judge.com
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