We are searching for a dedicated Cost Analyst to contribute to our team within the Automotive industry in Howell, New Jersey. The Cost Analyst is responsible for analyzing Cost Accounting data such as purchases, inventory, and labor to determines the impact of these costs and identify potential inefficiencies. Analyzes financial status by collecting, monitoring, studying data and recommending actions.

•      Plans, study and collects data to determine costs of business activity such as raw material purchases, inventory, and labor.

•       Communicates results and variances to upper management with relevant information.

•       Provide detail analysis on material upsets and variances compared to budgets.

•       Prepare Standard Cost rolls every 6 months; update raw materials prices and develop new labor/overhead rates.

•      Prepares and maintains various month end and quarter end reports and schedules with knowledge of results.

•       Analyzes data obtained, identifies issues and records results. Retains past knowledge and uses it to assess future directives and forecasts.

•       Analyzes actual manufacturing costs and prepares periodic report comparing standard costs to actual production costs.; Analyze monthly COGS, sales and gross profit by location and major product groups.

•       Ability to work with complex spreadsheets, identifying issues and verifying outputs.

•       Provides management with reports specifying and comparing factors affecting prices and profitability of products or services.

•      Coordinate cost changes of the intercompany prices with affiliates as necessary.

•       Prepares budgets (capital, expense, revenue), reviewing budget proposals, and preparing necessary supporting documentation for all ocations; consolidating and analyzing on a semiannual basis.

•       Assists preparation of external audit documents.

•       Work with production department to recommend cost efficiencies in new product layouts. 

•       Assists affiliated sites with costing issues.

•       Be able to interpret BOMs and routings for all products.

•       Guides cost analysis process by establishing and enforcing policies and procedures; providing trends and forecasts; explaining processes and techniques; recommending actions.

•       Sound understanding of loaded hourly cost rates and absorption transactions.

•       Maintains data base by entering, verifying, and backing up data.

•       Prepares, analyzes, and explains quarterly inventory valuation results understanding the underlying factors.