Cummins Inc. Senior Cost Analyst in Ladson, South Carolina
Senior Cost Analyst
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We are looking for a talented Senior Cost Analyst to join our team specializing in Cummins Turbo Technologies for our Component Business Segment in Ladson, SC.
Your impact will happen in these and other ways:
Responsible for developing and conducting complex cost analyses to support management in making operating decisions.
Determines the appropriate data to collect to provide the most insightful data to guide decision making. Develops and conducts complex cost audits and cost analysis.
Supports complex Value Package Introduction and new product introduction projects.Business partnering internal and external to operations.
Analyzes cost variances (IPV (Invoice Price Variance)/PPV (Purchase Price Variance)), determines root causes, and prepares recommendations and alternatives for improvements. Identifies data analysis needs and works with appropriate departments to obtain the data on a regular basis.
Prepares analysis and drafts materials presenting strategic recommendations to be made to management.
Supports Supply Chain function for inventory management, conducting planning, forecasting, and reporting activities and preparing balance sheet reconciliations for valuation and inventory reserves.
Ensures inventory accounting is accurate and leads the physical inventory process (direct and indirect) from a finance perspective, verifies cycle counting process and verifies the inventory valuation process.
Supports standard setting and reactive cost process (annual cost role up, defining reactive costs, etc.).
Coaches less experienced Cost Analysts.
Education, Licenses, Certifications
University, or equivalent degree in Accounting, Finance or related field required. Progress toward Certified Public Accountant, Certified Management Accountant, Chartered Accountant or similar certification preferred.
Intermediate level of relevant professional work experience (4 plus years) in the field of study required.
Intermediate level of relevant professional work experience in the field of study required.
Perform complex analysis of product cost changes to ensure accuracy (routine, month end, forecast, reporting, and AOP.
Business Partner with Supply Chain, ECC and other functions to ensure timely actions and seamless Product Costing.
Other material cost related variances analysis
Compensation and Benefits
Base salary rate commensurate with experience. Additional benefits vary between locations and include options such as our 401(k) Retirement Savings Plan, Cash Balance Pension Plan, Medical/Dental/Life Insurance, Health Savings Account, Domestic Partners Coverage and a full complement of personal and professional benefits.
Cummins and E-verify
At Cummins, we are an equal opportunity and affirmative action employer dedicated to diversity in the workplace. Our policy is to provide equal employment opportunities to all qualified persons without regard to race, gender, color, disability, national origin, age, religion, union affiliation, sexual orientation, veteran status, citizenship, gender identity and/or expression, or other status protected by law. Cummins validates right to work using E-Verify. Cummins will provide the Social Security Administration (SSA) and, if necessary, the Department of Homeland Security (DHS), with information from each new employee’s Form I-9 to confirm work authorization.
Ready to think beyond your desk? Apply for this opportunity to start your career with Cummins today. careers.cummins.com
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Primary Location United States-South Carolina-North Charleston-US, SC, Ladson, Holset Palmetto Plant
Job Type Experienced - Exempt / Office
Recruitment Job Type Exempt - Experienced
Job Posting Apr 14, 2021, 11:34:35 AM
Unposting Date Ongoing
Req ID: 210000QI