Analyst, Cost Job Description
Analyst, Cost Duties & Responsibilities
To write an effective analyst, cost job description, begin by listing detailed duties, responsibilities and expectations. We have included analyst, cost job description templates that you can modify and use.
Sample responsibilities for this position include:
Analyst, Cost Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Analyst, Cost
List any licenses or certifications required by the position: CPA, DAWIA, MBA, PMP, ICEAA, DISA, CMA, II, ICF, CECRL
Education for Analyst, Cost
Typically a job would require a certain level of education.
Employers hiring for the analyst, cost job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Associate Degree in Accounting, Finance, Business, Engineering, Economics, Education, Business/Administration, Mathematics, Statistics, Management
Skills for Analyst, Cost
Desired skills for analyst, cost include:
Desired experience for analyst, cost includes:
Analyst, Cost Examples
Analyst, Cost Job Description
- Counts with solid SAP, general and cost accounting capabilities
- Work with clients to define deliverable scope, timelines, and expectations
- Responsible for the correct WBS network activity/coding on all requisitions
- Maintains project cost report as defined in the project’s control plan an
- Work directly with member to capture and analyze spend data
- Complete analysis and reporting per end-user’s specific needs
- Develop new reporting foundations to enhance the illustration of the results
- Support all reporting functions such as tracking and trending comparisons
- Collaborates and communicates with HealthTrust Account Director and Account Manager to support and track contract compliance
- Prepare monthly cost accounting journal entries
- Help with the installation, maintenance and improvement of the accounting records, reports and internal controls at the facility
- Prior pricing, sourcing or sales experience
- Knowledge of the Electrical Distribution products and suppliers
- BA/BS in Economics or Mathematics
- Must exemplify a dedication to achieving the AF mission high standards of quality and excellence in performing the duties
- Finance lead in all physical Inventory counts and cycle counts
Analyst, Cost Job Description
- Has primary responsibility for development and maintenance of sales quotation financial model
- Ensure that costs are aligned and maintained week by week
- Provide periodic and ad hoc reports across the contract often to tight deadlines
- Provide further details of standard reports and ‘drilling down’ to the source transactions in order to explain anomalies
- Input weekly/monthly payroll timesheets onto OTL accurately and to Head Office deadlines
- Monitor the return of validated packs and highlight unreturned packs in a report to the Operations Director
- Have previous experience in a commercial orientated role, preferably construction based
- Be working towards a professional financial qualification AAT/CIMA
- Have the ability to take personal responsibility & accountability for actions
- Behave with integrity and demonstrate a professional image at all times
- Ability to operate heavy equipment in a safe and efficient manner
- Master’s degree in Statistics, Mathematics, Business, or a related discipline, eight (8) years of general experience and five (5) years of relevant experience
- Experience and understanding with drug development policies and procedures, science, pharmaceutical, and vaccine/biologics management, as it relates to cost and financial analysis
- BS in Business, Engineering, Supply Chain Management, or Finance is required
- Familiarity with the manufacturing and assembly procedures used to produce components and assemblies
- Ability to lead and train others in the target costing process is necessary
Analyst, Cost Job Description
- Author and/or review of minutes or presentations
- Ensure appropriate communication of administrative information within the organization and with its counterparts
- Annual cost planning process to set factory prices
- Ensure that automatic and manual costing processes are posted correctly
- Daily tracking and analysis of production costs deviations
- Understand material price variances
- Estimate cost for new products or projects
- Provide management and related teams with clear and transparent product cost information and analysis
- Develop projects to automate costing process
- Support and active contribution in development projects
- Assist with the preparation of the financial reporting package, scrap tracker, and other reports
- Complete weekly estimates of the manufacturing costs related to Government Contract programs
- Monitor and report on the physical inventory count process
- Assist in the quarterly budgeting process including the annual operating plan (AOP) at the beginning of the fiscal year while making sure that the business goals and budgets are aligned
- Work with the Operations team to help identify and drive cost-out opportunities
- Prepare monthly recurring journal entries
Analyst, Cost Job Description
- Critical participant of the accounting closes and contributes with new ideas and proposals to increase efficiencies and achieve process improvements
- Perform month-end closings, inventory adjustments, transfers and consumptions, quality financial reporting in a timely manner
- Execute daily operational activities for inventory costing and related processes
- Prepare cost estimates for new or existing product lines in conjunction with Marketing and Technical personnel, allocate and distribute costs to product lines
- Prepare government and industry reports and compile cost information and product profitability for company consulting firms
- Jointly work on various projects that develop, including the preparation of budget reports as needed
- Define and designate cost centers for distribution of expenses, also analyze and explain expenses & variances to organization Managers
- Monitor and execute annual physical inventories, assist in gathering and reconciling data with regards to the annual physical inventory
- Recommend new budgeting and cost accounting methods
- Respond to budget inquires from management participates in the monthly, quarterly and annual budgeting process by assisting operations management in the completion of their budget inputs, review of spending, staffing, and completion of the budget templates
- Strong code of business ethics, personal integrity, and accountability
- Ability to maintain discretion, tact and poise to work with confidential company information
- Ability to travel weekly to Avonmore for cross-training
- Education - University degree in Commerce or related field
- BS in Finance, Accounting, or related business area
- Bachelor’s Degree in Business, Finance or related area with six (6) years of experience
Analyst, Cost Job Description
- Work autonomously and as part of a team to meet organizational and project goals
- Identify the interface maintenance funding requirements for all affected platforms/system
- Develop/maintain system for billing back non-company charges to customers
- Maintenance of standard costs
- Assist with obsolete inventory analysis
- Assist in quarterly preparation of activity based cost models
- Assist in physical inventory counts as needed
- Assist finance department with other non-cost accounting areas
- Preparation and recording of various journal entries
- Inventory costing and analysis of inventory levels
- Understanding of manufacturing processes, including injection molding, metal parts stamping and welding, casting, forging
- Ability to handle and manage multiple assignments
- Proven strong Cost system background and have excellent analytical skills
- Oracle, SQL, and AS400 experience a plus
- Competency in identifying process inefficiencies and devising creative "lean" solutions
- Must demonstrate an ability to investigate variances while having the ability to articulate findings to non-accountants