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Cost Analyst or Sr. Cost Analyst

Danfoss
Danfoss Salary
Ames, IA Full Time
POSTED ON 1/14/2025
AVAILABLE BEFORE 2/27/2025
Job Description
Danfoss Ames has an immediate opportunity for a Cost Analyst or Sr. Cost Analyst at our Ames, IA location. Offered position will be based on the candidate’s qualifications.

This position will help support cost control in the plant through preparation of monthly reporting and analysis. This role will play a key part in supporting the controlling team to develop and implement a framework to improve transparency and reporting standards within the plant. This role will report to the Plant Controller.

Job Responsibilities
Job Responsibilities
  • Apply accounting principles and techniques in all tasks performed. Point out suspected areas of deviations and non-compliance to management for correction.
  • Coordinate US month-end close process.
  • Support the monthly close process by completing assigned tasks including journal entries, reconciliations, reporting and analysis.
  • Review assigned departments to ensure expenses are reported timely and accurately.
  • Analyze price variances, scrap, material usage, and other variances and investigate root cause.
  • Support production team leaders in costing/profitability analysis needs.
  • Support annual budget process and the use of SAP and Business Intelligence reports.

Background & Skills
At Danfoss, we believe that a diverse and inclusive workplace fosters creativity, innovation, and a broader perspective in decision-making. When you consider this job posting, do you feel like your profile is not a perfect match? Numerous studies have found that women and people of color are more likely to apply only when they meet all requirements listed in the job posting. Even if you do not check all the boxes, we encourage you to apply anyway. We are curious to find out how you can bring new insights to the role or to Danfoss as an organization.

Background/Skills
  • For the role of Cost Analyst
  • 2-3 years of experience working in the field of Finance/Accounting
  • Experience in a manufacturing environment preferred
  • Experience with MS Office- high proficiency with MS Excel
  • For the role of Sr. Cost Analyst
  • 5 years of experience working in the field of Finance/Accounting
  • Experience in a manufacturing environment.
  • Advanced skills and experience with MS Office- high proficiency with MS Excel required
  • Experience with reporting systems such as SAP, Business Intelligence and HFM
  • Bachelor’s degree from an accredited university with an emphasis in Finance/Accounting
  • All candidates must be authorized to work in the United States without company sponsorship
  • Experience with reporting systems such as SAP, Business Intelligence and HFM
  • Strong analytical skills to investigate and resolve questions with attention to detail
  • Ability to work with a variety of people across the US and globally with a “customer service” mindset
  • Quick learner who works well in a team environment
  • Flexible - able meet demands of the business
  • Strong written and verbal communication skills

Employee Benefits
We are excited to offer you the following benefits with your employment:

  • Bonus system
  • Paid vacation
  • Personal insurance
  • Opportunity to join Employee Resource Groups
  • Employee Referral Program

This list does not promise or guarantee any particular benefit or specific action. They may depend on country or contract specifics and are subject to change at any time without prior notice.

Danfoss – Engineering Tomorrow
At Danfoss, we are engineering solutions that allow the world to use resources in smarter ways - driving the sustainable transformation of tomorrow. No transformation has ever been started without a group of passionate, dedicated and empowered people. We believe that innovation and great results are driven by the right mix of people with diverse backgrounds, personalities, skills, and perspectives, reflecting the world in which we do business. To make sure the mix of people works, we strive to create an inclusive work environment where people of all backgrounds are treated equally, respected, and valued for who they are. It is a strong priority within Danfoss to improve the health, working environment and safety of our employees.

Following our founder’s mindset “action speaks louder than words”, we set ourselves ambitious targets to protect the environment by embarking on a plan to become CO2 neutral latest by 2030.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, or other protected category.

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