Senior Cost Analyst
Job in
Andover, Essex County, Massachusetts, 05544, USA
Listed on 2026-06-18
Listing for:
The Panther Group
Full Time
position Listed on 2026-06-18
Job specializations:
-
Finance & Banking
Financial Reporting, Financial Analyst, Accounting & Finance -
Accounting
Financial Reporting, Financial Analyst, Cost Accountant, Accounting & Finance
Job Description & How to Apply Below
Our client, a global advanced manufacturing organization is seeking a Senior Cost Analyst to join its Operations Finance team. Reporting to the Director of Operations Finance, this role plays a key part in supporting manufacturing cost integrity, inventory valuation, financial reporting, and internal controls across production operations.
Responsibilities- Own and manage the cost accounting and cost collection processes for manufacturing operations, including process definition, implementation, and ongoing optimization
- Establish and maintain standard costing models for manufacturing operations, including materials, labor, overhead, outside processing, and yield assumptions
- Oversee inventory valuation and controls, including physical inventory counts and cycle count programs across internal and external manufacturing sites
- Execute monthly financial close activities, including WIP valuation, inventory reconciliation, variance analysis, reserves, and production reporting
- Analyze and support warranty reserves and related financial exposure assessments
- Ensure compliance with internal control frameworks (SOX), including cycle counts, WIP audits, transaction integrity, and related controls; identify and remediate control gaps as needed
- Prepare and deliver management reporting and financial analysis, including revenue, cost, margin, and variance reporting
- Develop and enhance financial models and analytical tools to support operational decision-making and profitability improvement
- Investigate and analyze manufacturing variances, identifying root causes and opportunities for cost reduction
- Utilize ERP reporting tools (e.g., SAP or similar systems) for standard and ad‑hoc financial analysis
- Support forecasting activities, including monthly updates of actuals versus forecast and cost projections
- Partner with cross‑functional teams to support ERP system implementation and optimization initiatives
- Continuously identify and drive process improvements in reporting, controls, and operational efficiency
- Provide ad‑hoc financial analysis and support strategic decision‑making across the business
- Bachelor’s degree in Accounting, Finance, Economics, or related field
- 8–10+ years of progressive experience in manufacturing cost accounting or operations finance
- Strong knowledge of process manufacturing environments, standard costing, and ERP systems
- Experience with inventory accounting, WIP valuation, and manufacturing variance analysis
- Proficiency with ERP systems (SAP or similar) and advanced Excel skills
- Strong analytical, problem‑solving, and communication skills
- Ability to work independently with minimal supervision in a fast‑paced environment
- Comfortable interacting with all levels of the organization, including senior leadership
- High attention to detail with a strong sense of ownership and accountability
- Some regional travel may be required to support other manufacturing locations
Position Requirements
10+ Years
work experience
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