Senior Cost Analyst

 

Sr. Cost Analyst

ASSA ABLOY Berlin Connecticut is currently recruiting a Sr. Cost Analyst to assist the Operations Controller by providing leadership and coordination of company cost accounting, planning and budget functions. Ensure company accounting procedures conform to generally accepted accounting principles.

This position will be located in our Berlin, CT facility.

Primary responsibilities include:

• Directs the analysis of manufacturing costs and prepares monthly reports explaining reasons for variations from standard.
• Works with manufacturing and product data management team to adjust product costing attributes.
• Directs the development and maintenance of standard cost rates and monthly standard gross margin analysis.
• Manage the annual standard cost roll ensuring that product costs are established properly and that costs are appropriately allocated to products.
• Provide managerial accounting guidance focused on cost benchmarking and successful implementation of efficiency improvements.
• Prepare financial analysis for product and investment decisions.
• Interface with manufacturing to manage purchasing and inventory.
• Interface with corporate financial teams.
• Direct and modify the cost accounting system as necessary.
• Manage the annual physical inventory process.
• Prepare make vs. buy analysis on any outsourcing opportunities.
• Provide detailed product costing for any new product development. Prepare monthly journal entries as necessary to complete month end close.
• Provide monthly operational spending analysis and provide explanations for variances to trends and budget/forecast.
• Prepare profit center P&L’s, analyze product mix, and any price/volume analysis
• Perform any ad hoc business analysis as required.
• Assist in the month end closing process.
• Other duties as assigned.

Skill Requirements:

• Five to seven years of experience in cost accounting or finance within a manufacturing environment.
• Knowledge of financial and cost accounting principles including Generally Accepted Accounting Principles.  Knowledge of automated financial and accounting reporting systems. Knowledge of federal and state financial regulations. Ability to analyze financial data and prepare financial reports, statements and projections. Working knowledge of product-line profitability analysis.
• Experience in JD Edwards and or other ERP systems preferred. 
• Experience with Microsoft Office products.