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    Cost Accountant - Chicago, United States - Creative Financial Staffing

    Creative Financial Staffing
    Creative Financial Staffing Chicago, United States

    2 weeks ago

    Creative Financial Staffing background
    Description
    We are seeking a costing analyst with deep knowledge of JD Edwards ERP software and experience with system
    implementations to support the Commercial Vehicle Products business unit. Working with a cross-functional team, this
    role will lead standard costing improvements in accuracy, reporting and analysis for manufacturing plants located in
    Mexico and China.

    Job provides an opportunity to improve the collaboration with the Operations Team at Littelfuse PN and other Mexico
    Business Units with good visibility of the costing and General Ledger.

    Basic Function:
    The Cost Analyst position is accountable for the ongoing analysis of process constraints, target costing
    projects, margin analysis, and tracing costs back to underlying activities. The Cost Analyst must also construct and
    monitor those cost-effective data accumulation systems needed to provide an appropriate level of costing information to
    management.


    Responsibilities:


    • Determine standard costs and investigate variances with actual costs
    • Lead the annual standard cost-roll process
    • Review, analyze, update and validate standard cost including bill of materials with deep understanding of the
    labor and overhead


    • Evaluate standard and actual costs for inaccuracies
    • Measure, monitor and analyze cost reduction projects as compared to expectations
    • Analyze material usage variances, purchase price variances, scrap and inventory evaluation actual vs
    forecast in support of month-end closing activities


    • Resolve costing discrepancies and irregularities with BOMs
    • Investigate cycle count variances and resolve inventory adjustments
    • Work on special financial projects as required

    Requirements:


    • Bachelor's degree in accounting, finance or equivalent
    • 5+ experience with manufacturing companies in positions with responsibility in areas such as cost accounting,
    profitability analysis and manufacturing cost reductions


    • Understanding of manufacturing standard cost accounting and inventory valuation
    • Demonstrated proficiency in accessing information from ERP systems; JD Edwards and SAP knowledge
    required


    • Proficiency in Excel for modeling and analysis
    • Experience in partnering with operations to develop and implement cost reduction plans
    • Knowledge of GAAP
    • Fluent English Language

    An outstanding professional will have:


    • Strategic acumen - ability to consider the big picture and understand business on global scale
    • Teamwork - ability to collaborate with global, cross-functional teams
    • Analytical skills and critical decision skills
    • Good communication skills
    • Ability to pay attention to details and follow through to achieve the desired goals
    • Ability to add value both as an individual contributor and by working through others
    • Ability to support decisions through systemic, fact-based analysis and conclusions
    • Learning agility and ability to define priorities to focus on those that will add the most value.
    • Ability to manage through conflict and differences of opinion.
    • Self directed with an ability to set priorities for this new role
    #INMAY2024
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