Purpose Statement: The Financial Cost Analyst meticulously analyzes and interprets financial data, providing strategic insights to optimize cost structures and enhance fiscal decision making as well as driving efficiency, identify cost-saving opportunities, and contributing to the overall financial health of the organization. They are responsible for working with the Customer Focus Team (CFT) and Financial Analyst – Business Partner to maintain customer financial transactions and processes. They are the key resource connecting activity from our manufacturing operations to financial results.
Key Job Accountabilities:
- Maintain customer financial transactions to ensure appropriate recording of activity. For processes managed by the centralized regional team, maintain a working knowledge of disposition of financial transactions to support customer-specific activities.
- Support customer’s financial month-end close process; work with corporate accounting, site management and other teams to ensure site- and customer-level financial transactions are correctly stated in accordance with Corporate Accounting policies in our results.
- Perform GPC and PPV analysis to ensure estimated cost matches production activity each reporting period and use analysis to project accurate future forecasts.
- Provide inputs to the finance and operations team to ensure appropriate communication of finance-related topics are transmitted to the customer focus team.
- Maintain an understanding of key finance-related customer contract items (Contract Field Guide) including payment terms, carrying costs, pricing model expectations, PO acceptance/treatment and delivery terms. Lead risk mitigation and cost recovery initiatives for the customer.
Education/Experience Qualifications:
- A minimum of a(n) Associates Degree is required; a(n) Bachelor’s Degree in Finance, Accounting, Economics or Business Administration is preferred
- 1 years of related experience is required; 2 years of related experience is preferred
- An equivalent combination of education and experience sufficient to successfully perform the key job accountabilities may be considered.
Other Qualifications:
- Proficiency in Google Workspace or Excel is required.
- Experience with or expertise in financial systems is strongly preferred.
- Strong organizational skills, with the ability to prioritize and manage multiple tasks.
- Excellent collaboration and teamwork skills are essential.
Physical Requirements:
- Professional office environment with suitable lighting, comfortable temperatures, and low noise level. May require prolonged periods of sitting at a desk, using a computer, and other office equipment. Minimal physical activity is generally involved, emphasizing the importance of good posture and ergonomic workplace arrangements.
Travel Requirements:
This document does not represent a contract of employment and is not intended to capture every possible assignment the incumbent could be asked to perform.
