Financial Cost Analyst I

Description

Summary: The Financial Cost Analyst meticulously analyzes and interprets financial data, providing strategic insights to optimize cost structures and enhance fiscal decision making. Highlights: 1. Drives efficiency and identifies cost-saving opportunities. 2. Key resource connecting manufacturing operations to financial results. 3. Collaborates with customer focus teams and finance partners. **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:** * N/A *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.*