Carteret, New jersey
Profitability Analyst/Cost Accountant Job Opening in Carteret, New jersey - PROFITABILITY ANALYST/COST ACCOUNTANT JOB DESCRIPTION: This role is to design and document customer profitability by gathering direct costs and applying and analyzing against initial customer costing sheets to actual. The Cost Analyst will interact with Core Team members to establish the profitability of manufacturing products for several customers in order to meet positive financial results.
DUTIES AND RESPONSIBILITIES * Download and organize baseline price information, analyze and report on inconsistencies, and identify opportunities to optimize sales and profitability through price strategies. * Perform customer analysis of existing transactional level data to identify price/margin erosion. * Independently develop new Excel models, charts and graphs, and procedures as necessary. * Review, document and make recommendations for improvement in processes including participating in the design and implementation of new systems. * Perform other duties as assigned, including ad-hoc analysis on methods to optimize profitability. * Create financial models to evaluate profitability of quotations for new business to ensure returns meet corporate targets. * Complete customer costing of quotations in accordance with established guidelines. * Understand current manufacturing operations and standard costing rates used in quotations. * Develop cost assumptions for new products and business. * Prepare customer quotations, cost breakdowns, financial models, and other required forms. * Work with sales team to identify and outline quote parameters for new customer RFQ's. * Participate in financial and quote review meetings. * Interface with business units. * Perform all other directed responsibilities as assigned. * Assist in the coordination of supporting quote documents. (i.e. Bills of Material, Statement of Requirements, etc.) EDUCATION AND EXPERIENCE * Bachelor's Degree in Accounting, Finance or Business Administration. * Preferably 3-5 years of experience in a manufacturing environment. KNOWLEDGE, SKILLS, AND ABILITIES * Customer Focus: Makes customers/clients and their needs a primary focus of one's actions; shows interest in and understanding of the needs and expectations of internal and external customers. * Communication Skills: Keeps others informed as appropriate. Demonstrates exceptional written, oral, and listening skills. Proven ability to communicate at all levels of Management in order to satisfy company goals and objectives. * Technical Skills: Possesses, acquires, and maintains the expertise required to do the job effectively and to create client/customer solutions. * Experienced in standard costing procedures and requirements. * Knowledge of financial principles, and ability to interpret financial models. * Strong MS Office skills; Word, Excel and Access * Collaboration: Builds constructive working relationships with clients/customers, other departments, organizations and others to meet mutual goals and objectives. Behaves professionally and supportively when working with individuals from a variety of ethnic, social and educational backgrounds * Ability to speak Spanish is a plus but not required.
Job Type: Full-time
Salary: $20.00 to $35.00 /hour
Required education:
Bachelor's
Required experience:
Cost Accounting: 1 year
Required language:
Spanish
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