Cost Analyst

Professional Alternatives
Apply Now
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
Founded in 1998, Professional Alternatives is an award-winning recruiting and staffing agency that utilizes technology and relationships to deliver top talent. Connect with us today!