Cost Manager

Our client is looking to add a Cost Manager to their team. The Cost Manager functions as a key leader in the Finance, Planning, and Administrative organization to drive analysis, insights, and continuous improvement across production facilities and supply chain to achieve margin enhancement savings, cost reduction and increase overall efficiencies.

This role will lead the Procurement and Cost Accounting team to develop and execute a strategy to meet the company's business growth requirements. They will apply supply chain management expertise, contract knowledge, and inventory management best practices to contribute to cost savings and cost avoidance. They will develop and manage effective relationships with existing and potential suppliers of goods and services to meet and exceed cost, quality, and delivery targets.

Responsibilities:

• Develop, define, and revise policies and procedures for sourcing activities
• Develop preferred vendor agreements, contracts, and alliances to obtain the best possible price for goods or services required.
• Partner with functional, technical, and legal personnel to develop contracts.
• Negotiate pricing, terms and conditions and performance expectations with vendors and suppliers.
• Develop key indicators for measuring vendor / supplier overall performance for business reviews.
• Create and maintain reporting metrics for management review.
• Cost of goods sold reporting and analysis; cost variance analysis.
• Collect, analyze, and manage quantitative data to create meaningful reports and insights to lead business improvement and cost reductions.
• Develop improvement of processes and internal controls related to inventory management.
• Work closely with Procurement, Cost Accounting, and Operations to ensure proper costing procedures.
• Provide reports and analysis with focus on cost improvement measures.
• Maintain material cost reporting.
• Supervises two direct reports.
• Ensures a competent, motivated team through hiring, training, development, counseling and reviewing the performance of employees.
• Perform other duties and special projects as assigned.

Requirements:

• BA/BS degree in Finance, Accounting, or Business. Advanced degree or certification desirable.
• NetSuite experience highly desired.
• Strong Excel skills required.
• 7 years of cost accounting experience including deep exposure to inventory, procurement, and supply chain management.
• Understanding of inventory management and reporting and its impact on the company's financial results.
• Experience in supplier management and negotiations in manufacturing industries.
• Experience in strategic procurement concepts and practices.
• Technical skills in data collection and metric creation for management review.
• Ability to communicate effectively both orally and in writing; to make presentations and respond to inquiries by senior management, customers and/or employees.
• Supervisory skills to hire qualified employees, provide for their professional development, administer performance management and disciplinary processes effectively, and address employee relations appropriately.

Job Type: Full-time

Pay: $75,000.00 - $110,000.00 per year

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Paid time off
• Vision insurance

Physical Setting:

• Office

Schedule:

• Monday to Friday

Application Question(s):

• Do you have strong Microsoft Excel skills?

Education:

• Bachelor's (Required)

Experience:

• NetSuite: 1 year (Preferred)
• Cost accounting: 7 years (Required)

Work Location: One location