Cost Controlling Specialist

Budgeting & Standard Costing (X+1 Budget Support)

• Support collection and preparation of data for the X+1 budget and financial plan.
• Discuss norms and standards with departmental management.
• Manage CO master data and standard cost prices to ensure accurate margin analysis.
• Analyze standard cost changes and communicate fluctuations to teams.
• Identify critical production parameters that may affect financial outcomes.

Business Performance & Cost Management Support

• Run routine reports on expenses, cost data, inventories, and recharges.
• Support management in evaluating efficiency of production systems and overhead budgets.
• Maintain dashboards and support improvements in cash conversion cost.
• Analyze financial and cost information for ad hoc requests.
• Validate departmental expenses and cost transfers.
• Ensure timely registration of BOM usage and cash cost elements.
• Monitor internal controls and ensure compliance with group policies.

Period Closing & Financial Reporting

• Ensure cost center accuracy and set accruals when needed.
• Validate sales and conduct margin analyses.
• Validate inventory monthly and at year-end.
• Track scrap and reject levels and review inventory corrections.
• Analyze cost variances and report findings to management.
• Prepare reports on plant performance and cost trends.
• Support consolidation reporting requirements.

Investment Analysis

• Verify completeness and accuracy of tangible asset records.
• Absorb assistance with evaluation of investment files.
• Participate in related studies and capital projects.
• Support verification of BMS savings calculations.

Process Engineering Administration & Maintenance Support

• Perform SAP recipe and process order updates.
• Create purchase requisitions.
• Prepare trial packets and support new product development.
• Absorb assistance with USPS processes and office supply ordering.
• Provide reporting for Process Engineering.

Other Support

• Support with workforce reporting and labor cost analysis.
• Absorb assistance with timekeeping and headcount tracking.
• Prepare HR-related audit and compliance reports.
• Absorb assistance with training compliance reporting.

IT & Master Data Support

• Support accuracy of SAP process flows and master data management.

Skills

• Exceptional analytical skills with the ability to dissect complex financial data, identify trends, and uncover actionable cost-saving opportunities that drive operational efficiency.
• Meticulous attention to detail combined with a commitment to data accuracy and reliability in all reporting and budget preparation tasks.
• Excellent verbal and written communication capabilities, enabling clear presentation of financial information and collaborative engagement with cross-functional teams.
• Proficiency with cost accounting software and advanced financial reporting tools to streamline financial analysis and reporting processes.
• Strong problem-solving aptitude to identify, investigate, and resolve financial discrepancies and cost-related issues effectively.
• Comprehensive understanding of relevant accounting principles, compliance standards, and internal control frameworks to ensure adherence to regulatory and organizational policies.
• Practical experience working with SAP, including master data management, process flow optimization, and transaction processing within a manufacturing environment.
• Ability to manage multiple priorities in a fast-paced environment, demonstrating adaptability and proactive initiative to meet deadlines.

Previous Experience

• Minimum of 3 to 5 years’ professional experience in cost accounting, financial analysis, or related accounting roles, ideally within a manufacturing or production setting.
• Proven track record of utilizing accounting software and financial reporting platforms to perform detailed cost analysis, budgeting, and financial reporting.
• Experience collaborating with various departments to align financial data with operational activities and support integrated plant management.
• Familiarity with SAP systems in a financial context, including tasks related to master data administration and process order updates.
• Demonstrated ability to participate in investment evaluations and capital project studies, contributing analytical rigor and financial insight.
• History of contributing to internal control and compliance functions, ensuring adherence to financial policies and standards.

Qualifications and Education

• Bachelor’s degree in Accounting, Finance, Business Administration, or a closely related discipline from an accredited institution.
• Additional certifications in cost accounting, financial analysis, or SAP proficiency are considered advantageous and supportive of advanced competency in the role.
• Continuous professional development in finance and accounting standards to maintain up-to-date knowledge on regulatory changes and best practices.
• Strong foundation in business mathematics, statistics, and information systems to aid in complex data analysis and decision support.