Cost Analyst

COST ANALYST Accounting   We are a manufacturer of Automatic Flow Control Valves. Through integrity, hard work, and innovation, Griswold Industries is committed to providing quality product to our customers around the world, meeting the highest standards of quality, value, and performance.We are seeking a new Cost Analyst to join our team. Your role will be to perform general cost accounting and analysis duties. Your primary focus will be on collecting, analyzing, and reporting on the costs associated with a company’s production processes, including tracking materials costs, labor expenses, overhead, and variances between standard costs and actual costs to help management make informed decisions about pricing and cost optimization. As a member of the Accounting team you will, under general supervision, in accordance with established policies, perform general cost accounting duties and perform other related duties as assigned. You will report to our Cost Accounting Manager. Expected Hiring Range: $75,000 - $90,000 DOE What You Will Do (partial list): Calculate and analyze the cost of individual products and outside services by breaking down the cost components of direct labor, direct materials, and manufacturing overhead. Be able to work with manufacturing to establish standard cost benchmarks for production process to compare against actual costs and recommend areas for improvement. Review job variances monthly, investigating and identifying discrepancies between standard and actual costs, explaining the reasons behind variances and proposing corrective actions. Prepare monthly reports comparing department expense to budget, meet with department management to review. Must be able to interpret and understand complex, multi-level (up to 7 levels) bills of material and routings to determine standard costs and cost change variances. Utilize data analysis tools to identify opportunities to streamline production processes, reduces costs, and improve inefficiencies.   Supervise physical inventories and monitors cycle count program Reconcile finished goods inventories monthly. Other duties as assigned. What You Will Bring:Our ideal candidate will have: Minimum of five solid years of cost accounting/analysis ideally in a non-repetitive manufacturing environment; Experience working in manufacturing operations highly preferred. Must have a strong cost systems background and have excellent analytical skills; Sound understanding of accounting principles Bachelor’s degree in Accounting or similar field, or equivalent experience Computer Literate – Proficiency in Excel and Microsoft Office.  Knowledge working with Pivot tables, Power Query, SQL, Python a plus. Experience working with engineering and manufacturing personnel on development and analysis of cost standards; and Additional courses in specialized accounting fields and information systems beneficial. Able to communi­cate effectively and work cooperatively with other department representa­tives; Able to structure and organize training programs to meet established goals; Knowledge of company sales practices and operating procedures.   Why You'll Love Us:Griswold Industries believes that ethical, honest, moral behavior must always guide and define how we operate our business. We believe in fairness to our employees, our customers, our vendors, and anyone we deal with in the course of conducting our business. Open communication and clarity of purpose are expected as is competency throughout our company. We put people first. We bring people together regularly for celebrations to ensure everyone feels included and recognized. We offer the following benefits: Health Insurance Life Insurance Dental Insurance Vision Insurance FSA (Medical and Dependent Care) 401(k) Tuition Reimbursement Vacation Leave Sick Leave Holiday Pay Short-Term Disability Voluntary Life and Disability Buy-Up Employee Bonus EOE Statement:EEO / AAP Statement: Griswold Industries is an Equal Employment Opportunity/Affirmative Action employer. We are committed to providing equal employment opportunities (EEO) to all individuals in compliance with all applicable laws prohibiting discrimination regardless of race, color, creed, religion, sex, sexual orientation , gender, gender identity and/or expression, , age, national origin or ancestry, physical or mental disability, military or protected veteran status, marital or parental status, medical condition unrelated to the person’s ability to perform the job, pregnancy, genetic information, political affiliation, citizenship, or any other basis protected by federal, state, or local laws. All such discrimination is unlawful and all persons involved in the operations of the Company are prohibited from engaging in this type of conduct. In addition, Griswold Industries has adopted an Affirmative Action Plan.

Salary : $71,570 - $161,031