Cost Analyst

Job Details:

Job Location:

Corporate Office - Trussville, AL 35173, POSITION SUMMARY

SPOC Energy is an approximately $150 million annual-revenue manufacturer of power-control solutions used in oil and gas extraction, hybrid electrification, and data center projects. The Cost Analyst is a hands-on finance, accounting, and operational analytics professional responsible for creating deep visibility into product cost, inventory, gross margin, manufacturing performance, and the business processes that generate the underlying accounting transactions.

• Serve as the Finance & Accounting subject-matter expert for Microsoft Dynamics 365 Business Central, with deep functional knowledge of the transactions, master data, posting logic, subledgers, and general-ledger impact supporting sales, purchasing, inventory, manufacturing, and costing.
• Develop complete end-to-end understanding of the Quote-to-Cash/Order-to-Cash cycle, including quote, sales order, demand, production or fulfillment, shipment, invoicing, revenue recognition, cost of goods sold, gross margin, cash collection, and the related BC transactions and postings.
• Develop complete end-to-end understanding of the Procure-to-Pay cycle, including demand and material requirements, purchase requisition/order, receipt, inventory availability and valuation, vendor invoice, accounts payable, payment, purchase price variance, and the related BC transactions and postings.
• Understand BC manufacturing and inventory flows from raw material through staging, consumption, work in process, production output, finished goods, shipment, and cost of goods sold, including the timing and financial impact of each transaction.
• Understand and validate the setup and financial implications of items, bills of material, routings, work centers/machine centers, labor standards, overhead rates, costing methods, posting groups, dimensions, and other master data that drive product cost and financial reporting.
• Trace financial and margin results from the general ledger and reporting layer back through BC item ledger entries, value entries, production activity, purchasing activity, sales activity, and source transactions to determine the operational cause of financial results.
• Partner with process owners to improve Quote-to-Cash, Order-to-Cash, Procure-to-Pay, inventory, and manufacturing processes when financial analytics identify control gaps, transaction errors, inefficient workflows, poor master data, or unfavorable business outcomes.
• Use financial analytics as a management tool for the underlying business process: identify where operational behavior is creating unfavorable accounting or margin outcomes, quantify the impact, recommend corrective actions, and follow issues through resolution.

• Develop and maintain detailed analysis of inventory valuation, movements, turns, days on hand, working capital, and inventory requirements.
• Analyze and explain standard-cost variances, purchase price variance, material usage, labor, overhead, scrap, yield, and other manufacturing variances.
• Support standard-cost development and cost rolls, including analysis of bills of material, routings, labor standards, overhead assumptions, and cost drivers.
• Perform deep analysis of excess, obsolete, slow-moving, and at-risk inventory; support reserve calculations and recommend actions to improve inventory productivity.
• Support cycle-count and physical-inventory processes through discrepancy analysis, root-cause investigation, financial reporting, and control improvement.
• Develop inventory forecasts and analytical models connecting demand, production, purchasing, material…