Cost Analyst

WECTEC Staffing Services
Grand Prairie, TX Full Time
POSTED ON 2/12/2022 CLOSED ON 4/11/2022

What are the responsibilities and job description for the Cost Analyst position at WECTEC Staffing Services?

Full Time Direct Hire in Grand Prairie, TX

Up to 130k Starting Salary!

7-10 years’ experience required.

JOB DESCRIPTION:

  • Performs analysis on Job Project Costing comparing the estimate to actual costs with analysis on profitability and/or shortfalls in estimated vs. actual cost. Provide analytic support across multiple functions in the finance department including corporate finance, panning, budgeting, and forecasting
  • Work with Operations and Sales team to develop annual revenue plan, operating budgets, and cash flow plans to be adjusted and reviewed monthly with management
  • Create margin analysis on cost of goods sold and recommend cost savings to improve margins. Report findings back to business partners and leadership team
  • Training of personal on transaction processing to allow for job product costing
  • Work with production and estimation to improve estimates or analyze production issues causing variances
  • Supervise the Job Project Cost Accountant
  • Calculate and review monthly operational metrics with plant management to support the operational goals and cost management of the business
  • Lead monthly review on project inventory analysis for goods produced for customer orders and provide days on inventory analysis
  • Reviewing the financial states to check for anomalies and researching the causes
  • Reconcile GL accrual accounts in relation to freight and prepaid accruals.
  • Review and manage Plant Overhead Rates
  • Review Bill of Materials costing to insure accurately reflect production operations
  • Provide support for transactions and BOM and routings for the auditors
  • Provide support and analysis for the Physical Inventories
  • Provides ad hoc reporting to support financial analysis for operations
  • Review and investigate company's accounting transactions to improve and ensure data accuracy
  • Support division operational plant locations in areas of production, inventory, costing and continuous improvement of IFS to support company financial reporting

Job Type: Full-time

Pay: Up to $130,000.00 per year

Benefits:

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

Physical Setting:

  • Office

Schedule:

  • 8 hour shift
  • Day shift
  • Monday to Friday

Experience:

  • Accounting: 7 years (Required)
  • Cost accounting: 5 years (Required)

Work Location: One location

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