Cost Manager

Description

Position Summary: The Cost Manager implements, maintains, and improves the manufacturing cost system, evaluating products, forecasting variances, and analyzing financial information. Key Highlights: 1. Direct impact on the CPI corporate group 2. Responsible for ensuring compliance with and improvement of the cycle counting process 3. Establishes internal control procedures and communicates them to involved departments ### **Have you ever made a self-checkout payment at Walmart?** ### **Perhaps you’ve taken a beverage from a vending machine or paid to park your car?** ### **If you answered with an emphatic "YES", then you’ve done so with the help of one of the 10 million devices installed by Crane Payment Innovations (CPI).** ### **We manufacture the technology that powers your daily life, enabling over 4 billion transactions each week across more than 143 currencies worldwide. From cash and coins to cards and mobile devices, we keep the payments world moving with intelligent validation devices and enterprise management software.** ### **Headquartered in Malvern, PA, CPI is supported by: >2,500 global associates, 7 manufacturing sites, 12 corporate offices, and 43 service branches.** ### ### **WHAT YOU’LL DO** ### **The Cost Manager is responsible for implementing, maintaining, and improving the manufacturing cost system at CPI, working collaboratively with Operations and Engineering to ensure proper product evaluation, forecasting of manufacturing variances, and comprehensive financial reporting.** ### **Identify, measure, and analyze financial information used by management to plan, evaluate, and control organizational resources—particularly inventory, labor, and manufacturing overhead. Ensure compliance with and improvement of the cycle counting process. Additionally, review and safeguard business investments.** ### **The Cost Manager will have a direct impact on our corporate group, responsible for:** * **Reviewing and analyzing data on volumes, standard time, pricing, direct labor, raw material costs (including exchange rate fluctuations), fixed and freight expenses, efficiency, scrap, etc., to calculate budgets** * **Ensuring compliance with and improvement of the cycle counting process** * **Establishing internal control procedures and communicating them to involved departments** * **Issuing profit-and-loss reports versus budgets and price variance reports; Prime Cost Analysis versus budget** * **Sales pulse monitoring** * **Ensuring standard costs and transfer prices at CPI are accurate** ### ### **WHO WE’RE LOOKING FOR** ### **Qualifications and Requirements** * **Bachelor’s degree in General Accounting or equivalent** * **English proficiency level: Advanced** * **Experience:** ### **Desirable: 6 years in Cost Accounting** ### **Desirable: 5 years in Budget Management** ### **Desirable: 5 years in Cycle Counting Process Management** ### **Desirable: 5 years in Personnel Management** * **Desirable knowledge: Cost Accounting, Budget Development and Control, Cycle Counting Process, Personnel Management, SAP modules CO and MM, Financial Statement Analysis.** ### ### **Personal Attributes** * ### **Leadership and personnel management** * ### **Negotiation and assertive communication** * ### **Customer service orientation** * ### **Decision-making and results-driven mindset** * ### **Teamwork and diversity appreciation** * ### **Ethics and transparency** * ### **Intellectual capital** * ### **Job knowledge / Technical skills** * ### **Leadership** * ### **Safety awareness** * ### **CBS** ### ### **Additional Position Requirements** * ### **Willingness to travel domestically and internationally** * **Willingness to work on weekends** ### ### **WHAT WE OFFER** ### * **Competitive salary** * **Major medical insurance, dental insurance, and life insurance** * **Savings fund** * **Grocery vouchers** * **Opportunities to travel and work at our global locations** ### ### **Sounds interesting? Come see why we’re OneCPI!** ### ### **Join Crane Payment Innovations and Crane Co.** ### **CPI is part of Crane Co.**, a diversified manufacturer of high-engineering industrial products. Founded in 1855, Crane Co. provides products and solutions to customers across four business segments: Aerospace & Electronics, Fluid Handling, Engineered Materials, and Payment and Merchandising Systems. Crane has approximately 12,000 employees across North America, South America, Europe, Asia, and Australia. Crane Co. is listed on the New York Stock Exchange (NYSE: CR).** ### ### ***Crane Co. is an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity, sexual orientation, age, disability, military status, or national origin, or any other characteristic protected under applicable federal, state, or local law.***