Cost Analyst

Cost Analyst
Snap-Tite Hose, United States

Experience
1 Year
Salary
0 - 0
Job Type
Job Shift
Job Category
Traveling
No
Career Level
Telecommute
No
Qualification
Bachelor's Degree
Total Vacancies
1 Job
Posted on
Dec 8, 2023
Last Date
Jan 8, 2024
Location(s)

Job Description

Snap-Tite Hose, a leading manufacturer of high-quality fire, agricultural, and industrial hoses, is seeking a Cost Analyst to join our team. As a Cost Analyst, you will support decisions by analyzing data and providing managers with insightful costing information. You will also be responsible for managing expenditures by looking for cost-efficient solutions to inefficiency problems

At Snap-Tite Hose, we take pride in our history of manufacturing industry-leading quality hose in the United States and worldwide. Our premium hose products are trusted by fire departments, agricultural enterprises, and industries around the world.

Key Responsibilities:

  • Develop expense, budget, and supply chain reports for management and forecast cost-related changes and risks.
  • Costs vs. Profits: measure fixed and variable costs to determine profit margins.
  • Refine Supply Chain Costs: analyze items in organizations' supply chains to understand their expenditures and identify inefficiencies.
  • Assist with Pricing Strategies: help create reasonable, profitable pricing decisions.
  • Develop Budgets: help develop spending budgets for various departments and use cost analysis to create accurate projections and control spending.
  • Support Business Decisions: integrate cost analysis and other information to provide crucial data on inventory control, activity-based costing, and operational performance.
  • Enterprise Resource Planning System: incorporate inventory control, cost analysis, and multilevel costing categories.
  • Data Analysis: draw useful insights from raw data and the ability to quantify what happens, why it happens, what will happen, and how to respond to these outcomes.
  • Variance Analysis: track and analyze differences between what things typically cost (standard cost) and what they actually cost.
  • Journal entries: provide accurate and up-to-date information about the financial position and maintain accurate and complete records of financial transactions.
  • Ledger reconciliations: verify the completeness and reliability of the account balances recorded on the general ledger.

Requirements

  • Bachelor’s degree in accounting or finance required.
  • 5+ years of progressive experience in Accounting or Finance roles, preferably in a manufacturing environment

Competency Requirements:

  • Must be able to read, write, and communicate well in English.
  • Excellent skills are required in Microsoft Office (Excel, Word, and PowerPoint).
  • Must have a strong ability to grasp managerial and financial concepts.
  • Standard cost knowledge
  • Strong analytical and problem-solving skills
  • Ability to work independently and collaborate well in a team environment.
  • Excellent communication and interpersonal skills

Benefits

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Disability insurance
  • Flexible spending account
  • Health insurance
  • Life insurance
  • Paid time off
  • Vision insurance

Job Specification

Job Rewards and Benefits

Snap-Tite Hose

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