Senior Cost Analyst

Senior Cost Analyst

The Senior Cost Analyst will be responsible for analyzing, monitoring, and reporting on the company's cost structures to support strategic decision-making. This role will partner with operations, supply chain, and finance teams to evaluate manufacturing costs, identify trends, and provide recommendations that drive profitability and efficiency. The Senior Cost Analyst will play a key role in developing cost models, supporting budgeting processes, and improving cost control measures across the organization.

Job Duties and Responsibilities

• Maintain and reconcile the fixed assets sub-ledger, including additions, disposals, transfers, and monthly depreciation for domestic and foreign subsidiaries.
• Manage the Request for Appropriation (RFA) process, ensuring compliance with requirements, tracking capital asset purchases, and providing cost / savings justifications.
• Coordinate and conduct fixed asset physical inventories globally, reconciling results and supporting accurate reporting.
• Partner with the Financial Leadership to evaluate the accounting treatment of new lease arrangements.
• Prepare recurring reports such as the open purchase order report, fixed asset roll-forward, and future minimum lease payment schedule.
• Analyze cost reports, variances, and profitability studies across product lines and business units.
• Collaborate with manufacturing, supply chain, and procurement teams to review material, labor, overhead, vendor costs, and raw material trends.
• Provide insights to support pricing, inventory valuation, margin improvement initiatives, and cost reduction opportunities.
• Support budgeting, forecasting, and month-end close processes with accurate cost-related data.
• Enhance cost accounting support globally by building relationships with branch teams and improving reporting processes.
• Coordinate with Operations on inventory cycle counts and physical inventories, including audits and root cause analysis.
• Monitor key cost drivers and identify opportunities for cost reduction and process improvement.
• Present findings and recommendations to senior leadership through clear, actionable reports or presentations.
• Other duties as assigned.

Job Specifications

Education

Work Experience

Physical Requirements

Benefits