Finance Estimator

Job Description

This role ensures that the company's cost structure is accurately recorded and monitored, providing critical insights into the cost-efficiency of operations.

Key Responsibilities:

• Work closely with finance and operations teams to deliver regular financial reports.
• Suggest improvements in cost management and support budgeting and forecasting activities.

Cost Analysis and Reporting:

• Track and report on costs related to production, inventory, and operations.
• Perform volume, price, and mix analysis.
• Provide cost forecasts to aid in financial planning and budgeting processes.

Inventory Management:

• Conduct regular inventory checks and reconcile discrepancies.
• Monitor and evaluate the cost of inventory and supplies, ensuring accuracy in valuation.
• Maintain records of raw materials, work-in-progress (WIP), and finished goods costs.
• Develop and maintain cost models for pricing strategies and margin analysis.
• Assist in determining standard costs and perform cost variance analysis.
• Identify and recommend opportunities for cost reduction and process improvement.

Financial Reporting:

• Assist in the preparation of financial statements, focusing on cost-related components.
• Contribute to the preparation of management reports and cost performance dashboards.

Compliance and Auditing:

• Ensure compliance with financial regulations and company policies.
• Support internal and external audits by providing necessary documentation related to costs and inventory.
• Maintain accurate records in the accounting system for all cost-related transactions.
• Provide financial insight during project or product development phases to ensure cost efficiency.

Requirements:

• Bachelor's degree preferred but not required.
• Experience: 3 years of experience in cost accounting or related roles, preferably in manufacturing or production environments.
• Strong knowledge of cost accounting principles and practices.
• Proficiency in accounting software (e.g., Dynamics 365, SAP, Oracle, QuickBooks, etc.).
• Advanced Excel skills (pivot tables, VLOOKUP, financial modeling).