Cost Analyst

Job Title: Cost Analyst 

Employment Type: Full-Time 

Classification: Non-Exempt

Reports To: FP&A Manager 

Pay Range: $25 to $28 per hour

Location: Orlando, Florida 

 

Why Regal? 

Regal Boats has been a beacon of excellence in the boating industry for over five decades. As a family-owned and operated company since 1969, we take immense pride in our tradition of craftsmanship and quality. With a dedicated team of 800+ skilled members, we have continued to innovate and build stunning 20-50-foot boats that embody the essence of luxury and performance.

 

What sets Regal Boats apart is our status as a privately owned company, allowing us to stay true to our values and focus on our team members. We believe in the power of nurturing our team, fostering a culture of growth, and offering advancement opportunities. At Regal Boats, your passion for boating and dedication will be rewarded with a fulfilling and dynamic career journey.

 

Our Purpose: Honor God & Enrich Lives.

Our Mission: With God’s help, we will develop an exceptional team dedicated to enriching lives and providing an awesome boating experience. 

 

JOB DESCRIPTION

 

Summary 

Regal Boats is seeking a motivated and detail-oriented individual to join our team as an Analyst. In this role, you will play a crucial part in maintaining our commitment to excellence by supporting financial analysis, cost management, and financial planning within our manufacturing operations. 

 

Key Responsibilities

• Financial Data Analysis:

1. Assist in collecting, organizing, and analyzing financial data related to manufacturing operations.
2. Utilize financial analysis tools such as Excel and financial modeling techniques.
3. Apply basic accounting principles to assess costs, revenues, and profitability.

• Cost Management Support:

1. Analyze manufacturing expenses and identify cost drivers.
2. Assist in implementing cost-saving strategies and initiatives.
3. Participate in budgeting, variance analysis, and cost allocation processes.
4. Assist with Inventory balance monitoring and reporting.

• Financial Performance Monitoring:

1. Monitor financial performance of manufacturing processes, focusing on key performance indicators (KPIs) for Regal departments.
2. Gain exposure to financial reporting and performance metrics.

• Forecasting and Budgeting Assistance:

1. Participate in forecasting and budgeting activities to understand demand forecasting methods, production budgeting, and resource allocation.
2. Develop financial forecasts, track budget variances, and adjust forecasts based on changing conditions.

• Continuous Improvement in Financial Processes:

1. Participate in continuous improvement initiatives aimed at optimizing financial processes within manufacturing operations.
2. Identify opportunities to streamline financial workflows, improve data accuracy, and enhance financial controls.

• Communication and Financial Reporting:

1. Develop strong communication skills through regular reporting on financial performance to supervisors and stakeholders.
2. Translate complex financial information into clear, actionable insights and recommendations.

 

Required Qualifications

1. Bachelor’s degree in Finance, Accounting, or a related field.
2. Strong analytical and quantitative skills.
3. Proficiency in Microsoft Excel; familiarity with financial modeling and analysis tools is a plus.
4. Basic understanding of accounting principles and financial reporting.
5. Attention to detail and a proactive attitude.
6. Excellent organizational and time-management skills.
7. Excellent verbal and written communication skills.
8. Conversational English.

Preferred Qualifications

1. Familiarity with accounting software.
2. Familiarity with Enterprise Resource Planning (ERP) systems and/or business intelligence programs like Microsoft Power BI.
3. Internship or coursework related to financial analysis, budgeting, or accounting principles.

 

Work Environment
This job operates in a professional office environment and routinely uses standard equipment such as computers, phones, and