Senior Cost Analyst

Mitsubishi Electric Power Products, Inc.

$85K — $100K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in accounting or finance and 5-8 years of relevant experience or equivalent education.
  • Advanced knowledge of accounting principles, specifically in cost accounting and GAAP.
  • Exceptional communication and presentation skills for engaging with both financial and non-financial stakeholders.
  • Strong analytical and problem-solving abilities.
  • Proficiency in Microsoft Office, particularly in spreadsheets.
  • Ability to work collaboratively in a team and manage multiple projects.

Responsibilities

  • Provide accounting analysis and guidance to Division leadership and act as the main liaison with manufacturing-based Divisions.
  • Monitor and report financial results, including identifying variances and trends from key performance indicators.
  • Process financial transactions and journal entries to support monthly financial closings.
  • Ensure compliance with GAAP and internal policies related to project invoicing and revenue recognition.
  • Lead the execution of the division's annual physical inventory counts.
  • Oversee inventory levels and analysis, recommending improvements in inventory accounting practices.
  • Support annual business planning with relevant financial data.

Benefits

  • Comprehensive health coverage with the company covering up to 90% of costs for medical, dental, and vision plans.
  • 401(k) retirement plan with a match up to 4%.
  • Generous paid time off including vacation after just 90 days and 12 paid holidays each year.
  • Opportunities for career growth through professional development and educational assistance.
  • Employee perks such as an on-site fitness center, wellness programs, and profit-sharing.
Full Job Description
Senior Cost Analyst to be based in our Warrendale, PA facility.

What You'll Do:
  • Provide accounting guidance, analysis, and direction regarding divisional strategy, initiatives, and operations to Division leadership. Serve as the primary point of contact between manufacturing-based Divisions and Accounting.
  • Monitor, analyze and prepare financial reporting of monthly results and key performance indicators. Identify and report on variances and trends.
  • Process financial transactions and journal entries supporting monthly financial closings.
  • Assure compliance with GAAP and MEPPI policies and procedures related to project invoicing, foreign currency exchange, revenue and cost forecasting and recognition.
  • Plan and lead the execution of the division's annual physical inventory counts.
  • Monitor inventory levels, perform inventory analysis, and recommend methods to improve inventory accounting.
  • Monitor ongoing accounting processes to ensure the accuracy of product cost information and cost control in both manufacturing and G&A budget areas.
  • Provide financial data to support annual business planning.
  • Advise, counsel and train analysts and finance personnel on appropriate methods for capturing data related to business transactions and entering information into the business system.
  • Further the goals and positive, professional image of the Division through effective interaction with customers, vendors and internal departments.


What You'll Bring:
  • Bachelor's degree in accounting or finance with 5-8 years of relevant accounting experience, or equivalent education and experience.
  • Advanced knowledge of accounting methods, principles and practices including cost accounting, financial analysis and US Generally Accepted Accounting Principles (GAAP).
  • Advanced interpersonal, communication, and presentation skills required to communicate with employees.
  • Ability to communicate complex financial information in a manner that can be understood by non-financial partners.
  • Advanced analytical and problem-solving skills.
  • Ability to communicate complex financial information in a manner that can be understood by non-financial partners.
  • Ability to work in a team environment and on multiple projects simultaneously.
  • Advanced computer skills with emphasis on Microsoft Office products and spreadsheet capabilities.


What's in It for You:
  • Comprehensive Health Coverage:
    • MEPPI pays up to 90% of the cost for medical, dental, and vision plans.
  • Retirement Plans:
    • 401(k) match of up to 4%.
  • Generous Paid Time Off:
    • Earn vacation after just 90 days, plus enjoy 12 paid holidays annually.
  • Career Growth:
    • Access to professional development programs and educational assistance.
  • Employee Perks:
    • On-site fitness center (Warrendale, PA), wellness program, profit sharing, and employee discounts.


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