What are the responsibilities and job description for the Cost Analyst position at Madix?
It's fun to work in a company where people truly BELIEVE in what they're doing!
We're committed to bringing passion and customer focus to the business.
Cost Analyst Requirements and Responsibilities:
- Entry level: College degree in Industrial Engineering/Accounting/Business or at least 1-3 years’ experience.
- Make estimates of new and proposed product and recommends cost efficiencies in new product layouts. Scope of Work is an estimate value of $50,000 or less. Amount quoted could be more as approved by Management.
- Analyze financial data to expose any information useful in improving operating efficiencies and changes in product design, raw material, manufacturing methods, or services provided, to determine effects on cost.
- Apply principles of cost accounting (standard cost system) statistics to provide management with detailed and accurate product cost information.
- Prepare P&L bid templates from downloaded SAP sales quotes.
- Communicate problems and propose solutions to senior/peer management.
- Excellent computer skills including Microsoft Excel, Word, and Outlook as well as SAP.
- Strong analytical skills.
- Demonstrated ability to work in a team.
- Creative problem solver.
- Positive attitude and action oriented.
- Approximately 80 percent sitting and 20 percent activities on the shop floor. Some projects may require additional time in the manufacturing area measuring and observing processes.
- Need to acquire and maintain extensive knowledge of production processes.
- Knowledge of Time study process.
- Industrial Engineer background is a plus.
Benefit Details
- Group Health Insurance
- Company Paid Group Term Life
- Dental, Vision, Short Term Disability, Long Term Disability, and Critical Care
- 401k – Eligible day one of employment (Contributions can be from 1% to 50% of salary. Company match of up to 4% quarterly based on safe harbor election)
- Holidays – 9 per year (Eligible after 30 days of employment)
- Vacation time
- Educational Assistance
- Employee Assistance Program
- Onsite Clinic – Free medical visits
- Safety and Attendance incentives
- Employee Appreciation Days
If you like wild growth and working with happy, enthusiastic over-achievers, you'll enjoy your career with us!
Salary : $50,000