Cost Analyst bei Gentex Corp

Description

PURPOSE:

The Cost Analyst is responsible for collecting, analyzing, and reporting on cost data to help the organization make informed financial decisions. This role involves developing and maintaining cost models, analyzing variances, and identifying opportunities for cost reduction and process improvement. The ideal candidate is detail-oriented, possesses strong analytical skills, and has a solid understanding of accounting principles and financial analysis.

DUTIES, RESPONSIBILITIES, ESSENTIAL FUNCTIONS:

Support bid and proposal: 

• Internal and external costing efforts including, product costing, rates, and factors, and summaries for review / submittal.
• Work with Supply chain to ensure material costs are accurate and properly supported in the proposal
• Ensure material and labor routings are accurate by vetting through Program Management and Engineering. 

Cost Analysis & Reporting:

• Collect and analyze cost data from various sources (e.g., production, labor, materials, overhead).
• Prepare and present detailed cost reports, including variance analysis (actual vs. budget/standard).
• Develop and maintain cost models to forecast future costs and evaluate the financial impact of business decisions.
• Provide insights and recommendations to management on cost-saving initiatives and operational efficiencies.
• Review cost center expenses with Operations team monthly.

Budgeting & Forecasting:

• Assist in the preparation of departmental and project budgets.
• Monitor expenditures and compare them to budget to identify and report on variances.
• Participate in the forecasting process, providing cost data and analysis to support future financial projections.

Data Management & Systems:

• Ensure the accuracy and integrity of cost data within the company's financial and ERP systems (e.g., SAP, Oracle, Microsoft Dynamics).
• Identify and implement improvements to data collection and reporting processes.

Collaboration & Communication:

• Collaborate with various departments, including production, supply chain, and sales, to gather data and provide financial insights.
• Communicate complex financial information clearly and concisely to non-financial stakeholders.
• Support cross-functional teams on special projects related to cost management and profitability.

Compliance & Audits:

• Ensure cost accounting practices are in compliance with company policies and industry standards (e.g., GAAP, FAR, DFARS, CAS).
• Assist with internal and external audits by providing necessary cost documentation and analysis.
• Assist in annual site year-end Physical Observation.

Requirements

EDUCATION AND/OR PROFESSIONAL LICENSE(s):

B.S. Degree in Accounting / Finance or equivalent experience. 

EXPERIENCE: 

Preferred two years of experience in cost accounting, financial analysis or related field. Experience in a manufacturing environment is highly desirable. Direct experience in a government contracting environment with knowledge of FAR, DFARS and CAS is a plus. 

KNOWLEDGE, SKILLS AND ABILITIES:

• Self-starter ability to streamline functions and passion to learn and grow
• Must be able to prioritize, multitask as well as work independently.
• Must be able to maintain quality of work and at the same time meet multiple deadlines as required.
• A team player, must be able to work with people within and outside of the finance department 
• Works independently, with minimal supervision required
• Strong interpersonal skills as well as excellent communication and presentation skills; be comfortable interacting with operations management and all levels within the organization
• Report on financial performance and prepare for regular leadership reviews
• Analyze past results, perform variance analysis, identify trends, and make recommendations for improvements
• Strong analytical and data gathering skills with attention to details.  
• Proficient with advanced knowledge of Excel formulas and functions
• Guide the cost accounting process by establishing and enforcing policies and procedures
• Increase productivity by developing automated reporting/analysis tools.
• Proficiency in financial software and ERP systems (e.g., SAP, Oracle, NetSuite).
• Ability to work independently and collaboratively in a fast-paced environment.
• Comfortable working with tight deadlines and quick turn arounds that require flexibility during period end close and urgent price proposals

POSITION SUPERVISES: 

N/A

CONTACT WITH OTHERS: 

Position requires contact with all levels of the organization. Specific interactions will be with the Value Stream leadership, Operations, Engineers and Program Management as well as enterprise level Business Controllers, General/Staff Accountants, Contracts and other value stream financial business analyst or Operations Controller. Position also requires contact with outside government and CPA auditors.

PHYSICAL/MENTAL/COMMUNICATION REQUIREMENTS:

Employee is occasionally required to stand; walk; sit; manual dexterity to handle, or feel objects, tools, or controls; reach with hands and arms; climb stairs; balance; stoop, kneel, crouch, or crawl; talk or hear; and taste or smell. The employee may lift and/or move up to 50 lbs. Specific vision abilities required by the job may include close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus. The individual must have a high level of comprehension, and a high level of general, verbal, written, and numerical intelligence.

WORK ENVIRONMENT:

Works majority of the day in a climate-controlled environment, with the exception of or otherwise specified, performing work in the warehouse or manufacturing areas which are subject to changes in temperature and/or noise

TRAVEL:

Generally, travel is not required 

LOCATION:

Gentex’s Carbondale facility is located in Northeastern Pennsylvania in Lackawanna County. Carbondale, PA is about twenty miles north of Scranton, PA, 50 miles south of Binghamton, NY, and about 125 miles from New York City and Philadelphia. The area hosts numerous nearby state parks, nature preserves and local colleges and universities, including The University of Scranton and Marywood University. Northeast Pennsylvania is a beautiful area and offers an excellent cost of living. It is a great place to work, recreate, meet people, raise a family and live!

Gentex Corporation is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard for any applicable state or federal protected class. Gentex is an E-Verify Participant. Pre-employment drug/alcohol/background screening is required.