Cost Analyst

Position: Cost Analyst

Location: Monterrey, Nuevo León

Summary:

• As a Cost Analyst you'll have an opportunity to work as part of a close-knit, dynamic team, handle day-to-day cost accounting functions and support special projects. Your 4+ years of cost accounting experience in manufacturing accounting and top-notch Excel skills will lay the foundation for your success.

Major duties & Responsibilities:

• Analyze manufacturing costs and prepare regular reports comparing standard costs to actual production costs.
• Establish and maintain the standard costing model for both raw materials and manufacturing and update them as appropriate, ensuring actual and projected costs are correct, create cost-benefit analyses.
• Make estimates of new and proposed product costs.
• Provide management with reports that specify and compare factors that affect prices and profitability of products or services.
• Perform physical inventories and monitor the cycle count program.
• Oversee item master maintenance activities and activate new products; validating setup, routes and costs.
• Review MOQ to ensure it reflects current production levels.
• Strong understanding of PPV, standard costing, inventory revaluation and reconciliations.
• Review, investigate and identify corrective action for production order variances.
• Month end close — review, analyze and report on inventory, direct and indirect labor, overhead costs and related variances.
• Compile and analyze freight expenses, setting standard freight rates and identifying areas for improvement.
• Maintain and review the general ledger and reconcile balance sheets accounts, provide meaningful comments on the results, recommend solutions to improve the process.
• Assist in month end journal entries, year-end audits and annual operating budgets.
• Other tasks are to be discussed as the business grows.

Knowledge and Experience:

• BA in Public Accountant.
• 4+ years' work experience in Cost Accounting, preferably in a manufacturing environment.
• Strong Microsoft Office skills, specifically in Excel (Intermediate to advanced skills formulas, database tools, etc).
• Advanced English.
• Knowledge of ERP system would be considered an asset.