Cost Analyst II - Purchase Price Variances

Cost Analyst II - Purchase Price Variances

Job Category: Accounting

Requisition Number: COSTA
002292

• Posted :
  August 3, 2026
• Full-Time

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The Cost Analyst II helps Vollrath succeed by compiling variance and spend data, performing analysis, and sharing relevant information and actionable insight with those in a position to directly influence performance in these areas. This position also plays an important role in annual budgeting and standard cost development.

ESSENTIAL FUNCTIONS, RESPONSIBILITIES, & OTHER DUTIES

• Prepare, analyze, and communicate monthly purchase price variances. Identify key drivers, quantify financial impacts, and recommend corrective actions to improve forecast accuracy and operational performance.
• Lead root cause investigations for significant purchase price variances through transaction-level analysis, supplier performance review, and collaboration with procurement and operations teams.
• Partner with procurement and operations leaders to identify margin improvement opportunities, reduce unfavorable variances, and improve cost performance against budget and standard cost targets.
• Coordinate and develop annual operating budgets for assigned manufacturing facilities including labor, overhead, manufacturing variances, and cost allocations while challenging assumptions and evaluating financial risks and opportunities.
• Play an integral part in the yearly standard cost roll process through development and validation of standard cost inputs, overhead rates, burden assumptions, and cost adders.
• Complete month-end cost accounting activities including journal entries, account reconciliations, variance analysis, and financial reporting while ensuring completeness, accuracy, and adherence to deadlines.
• Serve as a business partner for cost reduction projects by establishing financial baselines, validating realized savings, tracking project performance against targets, and communicating results to project stakeholders and leadership.
• Prepare product profitability and other cost analyses to support strategic business decisions.
• Assist in other projects or duties as assigned by the Senior Cost Accounting Manager.

WORKING CONDITIONS

• Work is performed in a typical office setting.
• Ability to sit at a computer or meeting for extended periods of time.
• Ability to walk the production floor with possible uneven surfaces.
• Travel to other manufacturing facilities (