Cost Analyst

Professional Alternatives

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Job ID#: 11489

Contract to hire Cost Analyst needed ASAP
North East Houston- near downtown
In office role! No remote
$27 to $30  hourly

Summary:                                                                                                                                                   

Cost Analyst will compare estimated costs to actual costs and prepare a variety of related budget reports. The role requires collaboration within the accounting team as well as with various groups of the operations and sales teams.

Essential Duties and Responsibilities:
 

  • Reviews work order transactions to identify costing errors
  • Analyzes cost variance analysis and compares actual to system standards for both material and labor
  • Assists operations with ad hoc analysis on special projects
  • Assists with month-end and year-end inventories
  • Validate accuracy of the inventory balances at the item and transaction level
  • Reviews, analyzes, and reports actual job profit margins
  • Maintains the Work in Process ledger
  • Performs month-end and year-end closings with assistance
  • Provides product costing for pricing and business decisions
  • Project cost control, Cashflow analysis, Contract / PO reconciliation
  • Determines current cost of projects by confirming project budgets with project leadership, establishing standard reconciliation process, collecting contract and invoice data, and verifying progress and completion status of project
  • Establish and maintain project budget tracking systems
  • Reconciles transactions by project and correcting data
  • Tracks and reports on status of project completion progress through monthly reporting, including actual cost, forecast costs, cash flow, variances, and gaps
  • Prepares, distributes, and communicates monthly project financial report to project management team utilizing approved reporting tools and report standards
  • Performs other related duties as assigned

Qualifications:
 

  • 2+ years of cost accounting experience, preferably in an industrial manufacturing setting
  • Trainable with some solid Accounting skills
  • Energetic with a strong work ethic
  • Helpful team player who can multi task
  • Understanding of production in an industrial setting
  • Strong verbal and written communication
  • Expert Microsoft Office skills to include Excel and related computer applications

 

 

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