Senior Cost Analyst

Summary

This position is responsible for keeping track of a SMC financial plan and analyzing financial statements and predicting future performance. Analyzing the company’s performance, alongside changes and market trends, creating forecasts, and calculating variances between those forecasts and actuals and explaining the causes of these variances.

Essential Functions

• Perform financial forecasting, reporting, and operational metrics tracking.
• Analyze financial data and create financial models for decision support.
• Report on financial performance and prepare for regular leadership reviews.
• Analyze past results, perform variance analysis, identify trends, and make recommendations for improvements.
• Work closely with the accounting team to ensure accurate financial reporting.
• Evaluate financial performance by comparing and analyzing actual results with plans and forecasts.
• Guide cost analysis process by establishing and enforcing policies and procedures.
• Provide analysis of trends and forecasts and recommend actions for optimization.
• Recommend actions by analyzing and interpreting data and making comparative analyses; study proposed changes in methods and materials.
• Identify and drive process improvements, including the creation of standard and ad-hoc reports, tools, and Excel dashboards.
• Perform Sales analysis
• Perform cost and manufacturing analysis
• Maintain a strong financial analysis foundation creating forecasts and models.
• Calculate inventory reserves.
• Conduct physical inventories over metals and supplies.

Additional Responsibilities

Accomplishes all tasks as appropriate.

Qualifications

• Education and Experience: Bachelor's degree in Finance, Accounting, or related field; CPA or MBA a plus. Thorough understanding of Generally Accepted Accounting Principles (GAAP). Two to four years of business finance or other relevant experience.
• Special Skills: Strong fluency with Excel formulas and functions. Advanced knowledge of Excel. Demonstrated ability to work in a dynamic environment within tight deadlines. Excellent team player with a flexible and open attitude. Strong interpersonal skills, including written and oral communication skills. Strong quantitative and analytical competency. Oracle ERP, SAS, or SQL experience a bonus. Self-starter with excellent interpersonal communication and problem-solving skills. Ability to streamline functions and passion to learn and grow. Comfort dealing with ambiguity and the ability to work independently. Experience working with, and presenting to, senior executives. Strong financial modeling experience.

Competencies

• Analytical
• Detail oriented
• Self-starter
• Highly motivated
• Innovation
• Strategic thinking
• Values and Ethics
• Judgement

Additional Notes

The Company retains the right to change or assign other duties to this position. Physical Dimensions: Physical Demands – Must be able to frequently remain in a stationary position. Must be able to occasionally move about inside the office to access file cabinets, office machinery, etc. Constantly operates a computer and other office productivity machinery, such as a calculator, copy machine, and computer printer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Work Environment – Work primarily in a climate controlled environment with minimal safety/health hazard potential. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.