Sr. Cost Analyst
NOV
JOB DESCRIPTION
Primary Responsibilities
Technical Competencies
Job Specific Competencies
Education and Experience Requirements
Primary Responsibilities
- Partner with Plant leadership to assist in financial analysis and decision making in support of the financial health of the facility
- Implementation and ongoing maintenance/support of Cost Configurator module in JDE for Tuboscope facilities
- Assists in developing, implementing, managing and continually measuring processes ensuring the accuracy of job costing standards, including annual and ad-hoc cost roll exercises as required
- Ensure integrity of Work Order processing from material issues, labor postings, and associated variances
- Provide insight and guidance to profitability of various functions and products within the Plant in order to partner with Management and improve results
- Review and monitor WIP and outside process clearing account and adjust as necessary
- Annual Budget and rolling Forecast to include Hours, Headcount and Production expenses (Direct and Indirect)
- Support production team with ad-hoc inquiries, requests and reporting
- Work closely with Plant management to analyze daily, weekly and monthly work in process (WIP)
- Reviews accuracy of Plant processes, including Purchased parts cost verification, Router development, Overhead cost verification, Labor rate verification
- Produces and analyzes month end reports, including variance reporting and plant Overall Equipment Effectiveness (OEE) performance
- Performs duties associated with SOX compliance, including WIP reconciliation, WIP subledger aging, Inventory reconciliation and Manufacturing Segregation of Duties
- Prepare ad-hoc data analysis and reports for operations management as needed
- All other duties as assigned
- Review balance sheet and P&L accounts and provide detailed variance explanations and resolve potential errors
Technical Competencies
- Strong Excel Skills
- Strong skills and knowledge of accounting theory and application of financial principles
- Experience with Hyperion & Smartview is beneficial
- Strong experience with JDE or similar accounting system as it relates to job costing
Job Specific Competencies
- Excellent communication and organization skills.
- Must be detail oriented with strong analytical skills
- Ability to analyze manufacturing process costing, identify variances and drive adjustments to standards
- Skilled in identifying trends and drawing conclusions from large amounts of data
- Pro-active operating style requiring high energy level and tolerance to tight deadlines
- Ability to build and manage team
Education and Experience Requirements
- Bachelor's degree (Accounting/Finance preferred)
- Minimum of 5 years cost accounting experience or equivalent preferred.
JOB SUMMARY
Sr. Cost Analyst
NOV
Houston
7 hours ago
N/A
Full-time
Sr. Cost Analyst