Cost Analyst

Objective

The Cost Analyst position supports company teams by analyzing cost and revenue data to provide timely & reliable financial information that is meaningful to business units and the organization. The Cost Analyst must be a flexible and adaptable team player, as well as have strong communication and client service skills.

• Standard cost calculation (before and after business award), price review and negotiation with internal teams
• Production cost variance analysis and monitoring of KPI items
• Support analysis of COGS section of financial statements
• Calculate changes to product costs based on new drawings and engineering change instructions (ECI)
• Summarize results of mass production Kaizen activities
• Participate in budget preparations, focusing on Material/Freight/Scrap/Direct Labor portions
• Visit each plant (OH/KY/AL) on occasion to discuss budget planning with material teams and/or plant manager
• Set up cost information in QAD when new products have launched
• Continuously verify bill of material (BOM) information for accuracy, investigate errors when they occur
• Update all standard and current costs in QAD once a year
• Supporting activities to other accounting team functions in General Ledger, Accounts Receivable and Accounts Payable.
• Proactive in using AI capabilities to assist in role and automating processes
• Perform additional related duties as assigned

• 1 year of experience with costing, preferably with an automotive parts company
• General knowledge of financial statements
• Experience using QAD preferred
• Intermediate to advanced Excel skills
• Bachelor’s degree in Accounting or Finance preferred*, or near graduation
• Ability to effectively communicate with all members of the team.
• Effective time management, organization skills, and attention to detail. Ability to multi-task, prioritize activities and work under pressure.
• Results-oriented, ability to take initiative and make decisions
• Experience in the manufacturing industry, including automotive-related manufacturing preferred
• Japanese language skills are not required, but familiarity with Japanese business culture or language is a plus