Sr. Cost Analyst

at  Spark

POSITION OVERVIEW:

The Senior Cost Analyst reports to the Plant Controller – Spark, and will support specific global reporting requirements, including operational and financial reporting. The ideal candidate must be adept at developing, interpreting, and implementing financial concepts for finance operations in a manufacturing setting. This includes expertise in budgeting, forecasting, and reporting. The incumbent is expected to critically review and enhance current financial reporting processes and thrive in a fast-paced, dynamic environment.

EDUCATION/EXPERIENCE/REQUIREMENTS:

• Knowledge of cost accounting, planning, budgeting, inventory management
• Strong in analytical and problem-solving,
• Excellent written and oral communication skills.
• Experience in Manufacturing.
• HFM knowledge.
• P&L experience
• Being fluent in English, as a second language is an advantage
• Excellent communication skills across all levels of the organization
• ERP Oracle
• Strong analytical skills using Excel.
• Use of TRESS/payroll system/social security
• Experience in manufacturing upstream planning

• Manages the general ledger and generates all the necessary reports for the month-end close
• Ensures enforcement and implementation of related policies, compliance with laws, and conducts internal and external audits
• Generates and analyzes daily reports, including absorption, scrap, revenue, efficiency, and other manufacturing variance reports.
• Prepares variance analysis compared with the budget and standards, explaining the main causes.
• Responsible for documenting and maintaining systems, processes, and procedures in Cost Accounting and general accounting
• Ensures adherence to related policies and upholds compliance with applicable laws and internal controls
• Coordinates the accurate and timely bookkeeping of financial transactions with an accounting firm
• Ensures other key financial controls are performed regularly, including, but not limited to margin hold process, credit notes’ approval, preparation of weekly trackers, and approval of inventory adjustments.
• Preparing cost of goods sold and production reports emphasizing historical results, budgets, forecasts, and trends.
• Participate in month-end accounting close
• Audit daily production reports
• Support on the monthly forecast and annual budget process
• Analyze the different expense accounts during & at the end of the month, providing this information to the Plant Controller.
• Accounts Payable activity as needed
• Labor and OVH rate calculation
• Provide day-to-day business decision support to operations and general managers on various financial topics
• Monthly balance sheet reconciliation
• Attend and provide information for external auditors
• Conduct and report results of all special projects assigned by the Plant Controller and/or self-initiated on a timely basis along with proper conclusions and recommendations
• Documentation of systems, processes, and procedures used in Cost Accounting and general accounting
• Provides guidelines for standard cost approaches used in business decisions; establishes and monitors cost reduction programs.
• Calculates and sets up annual standard costs, ensures updates for new products and monthly variance analysis; and elaborates monthly sales cost calculation.
• Collaborates with other departments to integrate financial management with other business operations
• Supporting the Global Finance Operations, Planning, Consolidation, Reporting, and Analysis Processes including developing and maintaining Operations Financial Packages for all our Operating sites
• Recommending changes to the company’s processes and policies to reduce cost and maximize profit

Advising executives and upper management on appropriate costing based on financial data