Senior Cost Analyst- Manufacturing

Dover Precision Components is hiring a Senior Cost Analyst
. We design, manufacture, and deliver performance-critical solutions for rotating and reciprocating machinery across the oil & gas, power generation, marine, industrial, chemical and general processing markets. We are an innovative and diversified company with a reputation for growth and stability.

We offer competitive pay and benefits, career advancement opportunities, and a hybrid-remote work schedule (typically 3 days a week onsite). The office location is flexible as we have three Houston area locations:
Rosenberg, Pearland, or The Woodlands
.

In this role, you will partner with plant management to drive cost efficiencies and improve profitability while determining and implementing cost accounting procedures and methods. You will prepare and analyze cost reports and inventory accounts. You will examine and review cost records and ensure cost data is allocated correctly. Specific responsibilities include:

• Partner with Sales, Operations and Engineering to understand the Bill of Materials structure across the various business units and ensure accuracy of the cost structures.
• Work with sites to review product profitability through detailed trend analysis.
• Support Finance Managers in preparation of annual budgets with trend reviews.
• Work closely with Sales on any high value or high complexity quoting jobs to ensure maximum visibility to profitability.
• Work closely with Site Finance Managers to support high volume businesses to understand trends impacting any KPI’s.
• Report on price realization across various business units vs budget.
• Work closely with Supply Chain teams and Finance to understand inflationary pressures on raw materials that will impact pricing decisions.
• Report on labor utilization metrics to drive maximum overhead absorption at the manufacturing sites
• Work closely with Finance Managers on rationalizing the site labor and overhead rates and preparation of annual reviews and updates.
• Support manufacturing sites with management of standard costing.
• Review of site Purchase Price Variance reports, working with Finance Managers to ensure variances are understood and accounted for accurately.
• Ascertain plant assets are properly accounted for and safeguarded from loss including participating in annual physical inventory and fixed asset inventory.
• Assist the department and business operations with continuous improvement programs.
• Verify estimated and actual productivity cost savings metrics for the operations.
• Assist in review of capital expenditure justification and payback analysis.

• Undergraduate degree in Accounting, Finance, or related field required.
• 4+ years of experience in cost accounting, cost analysis, and/or manufacturing plant profitability reporting and analysis.
• Ability to troubleshoot and resolve complex accounting issues, acting as a leader in producing accounting policies and procedures. Ability to define problems, collect data, establish facts, and draw valid conclusions.
• Fluency and proficiency in the practical application of cost accounting principles and intermediate level GAAP accounting principles.
• Excellent verbal and written communication skills, demonstrating strong collaboration skills cross-functionally and with multiple locations. Ability to effectively interact organizationally upwards, peer to peer, and in a management capacity.
• Strong proficiency in ERPs, MS Excel and Office.
• Strong analytical, statistical analysis, and math skills.

• CMA or CPA preferred.
• Industry experience with engineered, manufactured precision components.
• Demonstrated experience in leading change initiatives.
• Syteline, JD Edwards, and Power BI experience pluses.

Dover Precision Components ‘DPC’ (‘the Company’) is part of Dover Corporation’s (the Parent Company’) Pumps and Process solutions segment. DPC holds market leading positions globally and delivers performance-critical solutions across the oil & gas, power generation, marine, industrial, chemical and general processing markets. We design and manufacture mission-critical equipment components to deliver more…