Cost Analyst

Company: Vollrath
Location: Sheboygan
Posted on: June 20, 2022

Job Description:

The purpose of this job is to help 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 role plays a key, proactive role in annual budgeting, standard cost development, and strategic initiatives.

Responsibilities

* Prepare, review, analyze, and interpret monthly manufacturing spending and variance account details. Determine root causes by combining transaction-level financial analysis with information gathering from operations personnel. Anticipate questions and propose possible solutions for problem areas.
* Work with manufacturing personnel to understand the drivers of specific variances and serve as a business partner to help identify how to improve financial results.
* Preparation of the annual budgets for all manufacturing plants. This includes understanding payroll expenses, spending items, manufacturing variances, and cost allocations. Provide detailed analysis of the manufacturing variance and spending accounts and how changes/improvements will impact the next year's plan.
* Assist in the preparation for the yearly standard cost roll by compiling budget and operational data for the development of overhead rates and cost adders.
* Perform all month end duties timely and accurately in order to ensure accurate financial and management reporting.
* Serve as a business partner with cost reduction projects by defining and measuring savings, updating project savings results, forecasting future savings, and making sure project details are complete and up to date.
* Prepare make vs. buy and other cost analyses to support ongoing marketing, procurement, and production activities.
* Assist in coordinating information compiled and/or analyzed by others in order to hit critical deadlines.
* Assist in the training of less experienced team members.
* Assist in other projects or duties as assigned by the Cost Accounting Manager.

Qualifications

* 5+ years of analytical accounting experience, preferably in cost accounting.
* Bachelor's degree with a major in accounting.
* A strong self-starting individual with tenacity, a sense of purpose, and a resourceful and collaborative attitude.
* A very strong track record of seeking out and successfully completing projects, digging to determine root causes and finding solutions, and serving as a collaborative business partner with other functional areas.
* Advanced analytical and problem-solving skills and technical background.
* Excellent oral and written communication skills for dealing with all levels within the organization.
* Ability to perform advanced excel functions such as pivot tables, filters, sorting, complex formulas, and graphs in ways that achieve high degrees of efficiency and effectiveness.
* Experience in JDE or other ERP systems and the ability to create ad hoc financial reports using a database report writing tool are strongly preferred.
* Visual acuity to perform activity such as preparing and analyzing data and figures.
* Ability to exert up to 10 pounds occasionally and sit most of the time, with walking and standing required only some of the time.

Company Culture Requirements

* Treat all people with Respect - People matter. Understand your audience and your impact. We are better when people are heard and valued for their unique perspective.
* Take Ownership - People are counting on you. Act with integrity and follow through on commitments.
* Empower Action - We succeed when we work together. Our differences make us stronger and create better outcomes. People and teams are empowered to make decisions and take action.
* Commitment to Stakeholders - We are committed to knowing and exceeding the expectations of our customers, employees, ownership and communities.
* Life Beyond Work - People need balance. Embrace opportunities to pursue your passions.

Keywords: Vollrath, Sheboygan , Cost Analyst, Professions , Sheboygan, Wisconsin