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Senior Cost Analyst

The Panther Group

Andover, MA

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JOB DETAILS
LOCATION
Andover, MA
POSTED
30+ days ago

Our client, a global advanced manufacturing organization is seeking a Senior Cost Analyst to join its Operations Finance team. Reporting to the Director of Operations Finance, this role plays a key part in supporting manufacturing cost integrity, inventory valuation, financial reporting, and internal controls across production operations.

Requirements
  • Own and manage the cost accounting and cost collection processes for manufacturing operations, including process definition, implementation, and ongoing optimization
  • Establish and maintain standard costing models for manufacturing operations, including materials, labor, overhead, outside processing, and yield assumptions
  • Oversee inventory valuation and controls, including physical inventory counts and cycle count programs across internal and external manufacturing sites
  • Execute monthly financial close activities, including WIP valuation, inventory reconciliation, variance analysis, reserves, and production reporting
  • Analyze and support warranty reserves and related financial exposure assessments
  • Ensure compliance with internal control frameworks (SOX), including cycle counts, WIP audits, transaction integrity, and related controls; identify and remediate control gaps as needed
  • Prepare and deliver management reporting and financial analysis, including revenue, cost, margin, and variance reporting
  • Develop and enhance financial models and analytical tools to support operational decision-making and profitability improvement
  • Investigate and analyze manufacturing variances, identifying root causes and opportunities for cost reduction
  • Utilize ERP reporting tools (e.g., SAP or similar systems) for standard and ad-hoc financial analysis
  • Support forecasting activities, including monthly updates of actuals versus forecast and cost projections
  • Partner with cross-functional teams to support ERP system implementation and optimization initiatives
  • Continuously identify and drive process improvements in reporting, controls, and operational efficiency
  • Provide ad hoc financial analysis and support strategic decision-making across the business


Requirements
  • Bachelor’s degree in Accounting, Finance, Economics, or related field
  • 8–10+ years of progressive experience in manufacturing cost accounting or operations finance
  • Strong knowledge of process manufacturing environments, standard costing, and ERP systems
  • Experience with inventory accounting, WIP valuation, and manufacturing variance analysis
  • Proficiency with ERP systems (SAP or similar) and advanced Excel skills
  • Strong analytical, problem-solving, and communication skills
  • Ability to work independently with minimal supervision in a fast-paced environment
  • Comfortable interacting with all levels of the organization, including senior leadership
  • High attention to detail with a strong sense of ownership and accountability
  • Some regional travel may be required to support other manufacturing locations
     

About the Company

T

The Panther Group

The Panther Group is minority owned and certified, making diversity, equity and inclusion core components of our mission.

With our commitment to respecting and empowering our employees as individuals, diversity is a competitive advantage in the marketplace.

The Panther Group has a proven track record of connecting quality talent with the right position. We believe in a hands-on approach, with a focus on building lasting relationships with our Employees and our Clients. Our Employees find flexibility and growth to reach their career goals.

The Panther Group celebrates 25 years of recruitment and workforce solutions expertise. 

COMPANY SIZE
20 to 49 employees
INDUSTRY
Staffing/Employment Agencies
FOUNDED
1992
WEBSITE
http://thepanthergrp.com