Cost Analyst - Senior

DESCRIPTION

We are looking for a talented Cost Accountant to join our team specializing in finance for Cummins, Inc. in Arlington, TX.

In this role, you will make an impact in the following ways:

Enhancing Financial Accuracy: By developing and conducting complex cost audits and analyses, you'll ensure financial accuracy and integrity within the organization.

Driving Project Success: Supporting Value Package Introduction and new product introduction projects will help drive successful project outcomes and innovation.

Fostering Collaboration: Your business partnering, both internally and externally, will strengthen relationships and improve operational efficiency.

Optimizing Costs: Analyzing cost variances and determining root causes will enable you to recommend improvements, optimizing costs and enhancing profitability.

Data-Driven Decision Making: Identifying data analysis needs and working with departments to obtain data will support informed, strategic decision-making.

Strategic Recommendations: Preparing analysis and drafting materials for management will provide valuable insights and strategic recommendations.

Supporting Supply Chain Efficiency: Conducting planning, forecasting, and reporting activities for inventory management will ensure efficient supply chain operations.

Mentoring and Development: Coaching less experienced Cost Analysts will contribute to their professional growth and the overall capability of the finance team.

RESPONSIBILITIES

To be successful in this role you will need the following:

Action Orientation: Embrace new opportunities and tough challenges with urgency, high energy, and enthusiasm to drive impactful results.

Collaboration and Business Partnering: Build strong partnerships and work collaboratively with stakeholders to align performance with organizational goals and strategies, influencing positive outcomes.

Effective Communication: Develop and deliver clear, multi-mode communications tailored to the unique needs of different audiences, ensuring understanding and alignment.

Continuous Self-Development: Actively seek new ways to grow and be challenged, utilizing both formal and informal development channels to enhance your skills and knowledge.

QUALIFICATIONS

Education/Experience

College, university, or equivalent degree in Accounting, Finance or related field required.

Progress toward Certified Public Accountant, Certified Management Accountant, Chartered Accountant or similar certification preferred.

Intermediate level of relevant professional work experience in the field of study required.

Additional Details:

Product costings (new product, when quoting existing product ensuring updated costs)

Annual standard cost setting

Transfer pricing updates and maintaining COMS (a configurable pricing application/database)

PPV (piece price variance) analysis and material savings tracking

DMV (direct material variance) analysis

Inventory Management

Partner with the Upfit sites to implement strong inventory controls

Implement a robust and accurate cycle count program

Work Order management - Understanding all open work orders, analyzing changes and aging to make sure we don't have unnecessary cost building on the balance sheet

Excess & Obsolete - Fully managing and understanding the manufacturing sites E&O calculation and working with the business to understand risk outside of that calculation

Compensation

Please note that the salary range provided is a good faith estimate on the applicable range. The final salary offer will be determined after considering relevant factors, including a candidate's qualifications and experience, where appropriate.

Job Finance

Organization Cummins Inc.

Role Category Hybrid

Job Type Exempt - Experienced

Min Salary $88800

Max Salary $133200

ReqID 2408717

Relocation Package No

Cummins and E-Verify

At Cummins, we are an equal opportunity and affirmative action employer dedicated to diversity in the workplace. Our policy is to provide equal employment opportunities to all qualified persons without regard to race, gender, color, disability, national origin, age, religion, union affiliation, sexual orientation, veteran status, citizenship, gender identity and/or expression, or other status protected by law. Cummins validates the right to work using E-Verify and will provide the Social Security Administration (SSA) and, if necessary, the Department of Homeland Security (DHS), with information from each new employee's Form I-9 to confirm work authorization. Visit http://EEOC.gov to know your rights on workplace discrimination.