Cost Analyst (ISC)

About the job Cost Analyst (ISC)

Headquartered in Baltimore, Maryland, USALCO supplies high quality products with best-in-class service and industry-leading research and development to design solutions that meet its customers individual needs and ever-changing regulatory requirements. We have 33 production locations and 6 distribution terminals across the US and Puerto Rico.

We are seeking a detail-oriented and experienced Cost Analyst to support the integrated supply chain team, reporting to the Vice President Finance and collaborating extensively with supply chain leadership. The successful candidate will analyze and manage costs related to our 33 production locations and 6 distribution terminals, ensuring efficient and accurate financial planning, cost control and improvement. This is a HYBRID position.

Key Responsibilities

• Analyze and manage the costs associated with our chemical manufacturing processes.
• Understand and analyze compliance with Bill of Materials (BOM) to ensure accurate cost accounting and tracking.
• Interface with demand planning and supply planning to optimize inventory levels and production schedules.
• Perform maintenance and manufacturing cost analysis to identify cost-saving opportunities.
• Analyze reports on manufacturing costs, variances, and cost drivers.
• Provide insights, support and policy guidance on total cost of goods, including logistics, manufacturing and total cost to serve
• Collaborate with cross-functional teams to improve cost efficiency and financial performance.
• Support budgeting and forecasting activities related to supply chain costs.
• Collect and analyze data about the company's operational costs, including raw materials, labor, and overhead expenses lead in deploying overhead cost absorption models
• Perform cost-volume-profit (CVP) analysis to understand the relationship between costs, volume, and profit
• Establish costs for business processes such as administration, labor, and shipping absorption
• Advise executives and upper management on appropriate costing based on financial data
• Provide analysis for capital expenditures
• Collaborate with production teams to gather data and maintain accurate records related to inventory, production output, and labor hours
• Develop cost models and performing cost analysis to identify areas where costs can be reduced or optimized
• Contribute to budgeting and forecasting processes by creating budgets for production costs and monitor actual costs against budgeted amounts
• Collaborate with all departments such as procurement, logistics, customer service and operations to streamline processes, negotiate with suppliers, and identify cost-saving opportunities throughout the supply chain
• Ensure compliance with relevant accounting standards and company policies.

Qualifications

• Bachelors degree in Accounting, Finance, Business, or a related field.
• Minimum of 5 years of experience in cost analysis or cost accounting in the chemical manufacturing industry.
• Strong knowledge of Bill of Materials (BOM), demand planning, supply planning, and cost analysis.
• Proficiency in financial analysis tools and software.
• Strong background in multi-modal logistics and costing
• Experience in job costing and manufacturing cost absorption
• Excellent analytical and problem-solving skills.
• Strong communication and interpersonal skills.
• Attention to detail and ability to work independently.
• Experience with distribution optimization is a plus.
• Experience with Kinaxis, Planful, Salesforce, Alteryx, Aptean Ross ERP are all plusses

USALCO is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law. As a general policy, USALCO does not offer employment visa sponsorships upon hire or in the future.