348 Senior Cost Analyst Jobs in Chicago, IL
Creative Financial Staffing is Hiring a Senior Cost Analyst Near Chicago, IL
Senior Cost Analyst: $100,000-$130,000
ABOUT THE COMPANY
Global, multibillion-dollar manufacturing company is looking to add a Senior Cost Analyst to their growing finance team. This role will support one of the fast growing segments within the company, and be responsible for creating standard cost models. We've placed several people here over the years, and it's truly a great company that offers top notch benefits, work life flexibility, and opportunity for career growth.
WHY TAKE THE SENIOR COST ANALYST ROLE:
- Opportunity for career growth
- Company is growing, organically and through acquisitions, just had a large acquisition allowing them to launch in another arena in their market
- Process improvement-oriented role- make things better
- Top notch benefits
- Agile and nimble company that was able to adjust doing covid and grow the business
- Hybrid schedule: flexibility to work from home, in office 2x a week max
Responsibilities of the Senior Cost Analyst:
- Conduct ongoing analysis of process limitations, target costing initiatives, margin assessments, and tracking cost origins to underlying operations.
- Develop and oversee efficient data collection systems for management.
- Establish standard costs and scrutinize discrepancies against actual expenditures.
- Take charge of the annual standard cost-roll process.
- Examine, revise, validate, and update standard costs, encompassing bill of materials, with a comprehensive grasp of labor and overhead.
- Assess standard and actual costs for discrepancies.
- Monitor, evaluate, and analyze cost-saving endeavors against projected outcomes.
- Evaluate discrepancies in material usage, purchase prices, scrap, and inventory assessments, comparing actuals to forecasts during month-end closures.
- Resolve inconsistencies and anomalies in costing, particularly with bill of materials.
- Investigate variances in cycle counts and rectify inventory discrepancies.
- Collaborate on specialized financial projects as necessary.
Preferred Qualifications for Senior Cost Analyst Role:
- Bachelor's degree in Finance or Accounting
- 3 years of cost analyst experience
- Experience working within cost models in JD Edwards
- Ability to travel internationally 10%
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Job Summary
Full Time
$80k-105k (estimate)
06/23/2024
07/10/2024
compusolveinc.com
Westbury, NY
50 - 100
Related Companies
The following is the career advancement route for Senior Cost Analyst positions, which can be used as a reference in future career path planning. As a Senior Cost Analyst, it can be promoted into senior positions as a Cost Analyst IV that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Senior Cost Analyst. You can explore the career advancement for a Senior Cost Analyst below and select your interested title to get hiring information.
