Cost Analyst

PURPOSE OF POSITION: Analyze inventory in Washington plant to ensure costing is correct, with appropriate process initiatives, and provide regular inventory and costing related reports and analyses to management. KEY RESPONSIBILITIES: Establish and enforce inventory data quality standards, conducting regular audits and assessments New part set up and maintenance of bill of materials within Navision Order closing and scrap analysis Responsible for monthly standard cost roll Recommend and initiate improvements to inventory levels and turns Maintain accurate inventory and customer information in Navision Provide insights and recommendations for inventory turns based on data analysis Variance and root cause analysis on inventory reporting to budget Inventory error investigation and correction Work closely with production to ensure substitutions, scrap rates and orders are being recorded and closed accurately and on-time Work with Inventory Manager and IT to integrate data management practices into various business processes Create, analyze and provide inventory and costing reports in Navision and Excel Collaborate with inventory manager and procurement to review standard costing Analyze current policies and procedures and make recommendations to improve accuracy and efficiency of inventory management Implement policies, objectives and initiatives related to inventory management outlined by Inventory Manager Implement inventory tools and systems to track, analyze, audit and report on various inventory items Manage and maintain stocking agreement documents and process, Conduct regular review of obsolete inventory and make appropriate recommendations Lead annual physical inventory count as well as periodic cycle counts Ensure timely, accurate and effective data information in financial reports related to operational costs Conduct regular cycle counts and review obsolete inventory Key team member in annual inventory count Provides feedback to operations managers on material costs Make all appropriate inventory adjustment entries when necessary All other duties as required. REPORTS TO: Director of Finance SUPERVISES: Not Applicable SKILLS/EXPERIENCE REQUIRED: Must have minimum 2-4 years manufacturing environment experience in an analyst type position, Advanced proficiency in Microsoft Excel and experience with inventory management systems Excellent computer skills including Microsoft Office Strong previous experience working with an MRP system, Navision would be an asset Ability to work under pressure in a deadline driven environment Excellent organization, problem solving, communication (oral and written) REQUIRED EDUCATION/ TRAINING: Bachelor’s degree in business, finance/accounting or related field preferred Understanding of basic accounting and manufacturing principles Knowledge of costing and inventory control principles PHYSICAL DEMANDS OF JOB: Plant/ Office Environment, Ability to travel to other facilities as required, which may include international travel requiring a passport, No significant material handling will be required, but regular visits to the plant floor and some product counting may be necessary. Job Type: Full-time Pay: $75,000.00 - $85,000.00 per year Benefits: 401(k) 401(k) matching Dental insurance Employee discount Health insurance Life insurance Paid time off Retirement plan Tuition reimbursement Vision insurance Schedule: 8 hour shift Day shift Monday to Friday Experience: Analyst: 3 years (Preferred) Ability to Commute: Washington, IN 47501 (Required) Ability to Relocate: Washington, IN 47501: Relocate before starting work (Required) Work Location: Hybrid remote in Washington, IN 47501