What are the responsibilities and job description for the Foundry Cost Analyst position at Blast Cleaning Technologies?
Job Description
Job Description
About Company :
Blast Cleaning Technologies, Inc. (BCT) is proud to be the leader in shot blast innovation! We are dedicated to our customers, resulting in continuous company growth year over year.
Why Work at BCT?
Highly Competitive Pay and Benefit Plans : We pay for skill and talent.
Medical Insurance : 90% of Insurance Premiums covered by BCT!!! Low deductible, no coninsurance, & great provider network.
Engaged Leadership : You will love and know our CEO. Work with an ethical, hardworking, & interactive leader who listens to employees at all levels.
Second Chance Employer : If you have the skills and work ethic, we will give you a chance.
Comprehensive Benefits and 401K : We offer a full range of benefits & 401K match.
Generous PTO and Paid Holidays : Take advantage of our generous PTO plan and many paid U.S. holidays.
Onsite HR and IT Department : We provide dedicated onsite HR and IT support to ensure our employees' needs are met. We won't send you to a 1-800 number for help.
Historic Location : Work in our over $2 million investment in upgrades and refurbishment at our historic West Allis location.
Casual Work Environment : Enjoy a casual dress code and friendly workplace.
Tuition Reimbursement : Invest in your future with our tuition reimbursement program.
Amenities : Enjoy free coffee, popcorn, and summer cookouts.
Veteran Support : BCT supports and honors veterans.
Made in America : All our components are made in the USA.
Our PACT Our core values are rooted in the visionary spirit of our CEO, Carl Panzenhagen, who began his career as a teenager working in a foundry. As an adult his extensive industry experience and dedication led him to create a company free from bureaucracy and grounded in ethical business practices. Guided by Carl’s leadership, a small team of five evolved into a self-sustaining manufacturing powerhouse. Today, BCT proudly stands 280 employees strong and celebrates the completion of our cutting-edge foundry, a testament to our relentless pursuit of excellence and innovation.
General Description
The Foundry Cost Analyst role will manage overall cost accounting processes, and project variance analysis to achieve profitable growth and operational excellence for the Cast Products Division. While this position reports to the Controller, the cost analyst will be heavily integrated with our engineering team to optimize pricing, track material and project variances and develop reporting to quickly identify potential issues. The cost analyst will also drive the budgeting process, and inventory control, working with other department staff and various levels of foundry plant management and staff.
Essential Duties and Responsibilities
This list of duties and responsibilities is not all-inclusive and may be expanded to include other duties and responsibilities as management may deem necessary from time to time.
- Prepare, evaluate, and monitor financial performance, cost control, and profitability for projects, product lines and components for the foundry.
- Collaborate with Engineering and Plant Management to perform variance reporting and establish original baseline budgets, including creating project breakdown structures.
- Develop and implement reports, tools and processes to drive system cost data reliability and product margin improvements.
- Prepare project-based cost, profitability and inventory analyses for plant and senior management.
- Assists in the development of standard costs for all castings and finished goods for use by sales for quoting.
- Accountable compliance with cost accounting standards and methodology, assistance in the communication and training of plant personnel.
- Participate, prepare, and upload product cost standards; and ensure accuracy of data in cost system with product specification engineering standards through audit, root cause discovery and resolution.
- Analyze actual operating results for variances to standard (detail cost elements including material, labor, overhead), scrap, and other performance measurements (capacity, utilization, etc.) and work with plant personnel in identifying opportunities for improvement. Provide detailed insights into cost drivers and production impacts of various initiatives both proposed and implemented.
- Participate in the preparation of the annual budget process with emphasis on updating product costs. Support plant budget and forecast process in the areas of machine utilization, production hours, labor and overhead rates.
- Assists Controller in the close cycle (monthly, quarterly, yearly) and reporting process, responsible for cost related reconciliation and reporting, reconciles key accounts and prepare journal entries as necessary to correct any discrepancies.
- Conduct detailed cost analysis of foundry operations, including labor, materials, and overhead expenses.
- Actively participates in the continuous improvement process by identifying and addressing any opportunities to reduce costs, improve product / process and / or improve overall operations.
- Helps drive and support BCT’s Culture and Core Values.
Qualifications
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and / or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
Education and / or Experience
