Costing Analyst

Position Overview

The Costing Analyst applies principles of cost accounting to provide detailed cost information not supplied by general accounting systems. The position collects and analyzes data to determine costs of business activity such as raw material purchases inventory and labor. The Costing Analyst maintains a standardized cost system to ensure business objectives are met and analyzes changes in product design raw materials manufacturing methods or services provided to determine effects on costs.

Duties and Responsibilities

• Pricing Maintenance and Support: Assist with analysis review and update of monthly product component costs. Provide pricing support and assistance as needed.
• Product Component Parts: Review new and existing parts to ensure accurate cost and system data flow. Understand vendor / part relationships and cost drivers.
• Inventory Cost Valuation: Understand inventory valuation processes including product structures work centers labor requirements cost rollups etc.
• Product Costing Liaison between Departments: Provide support and act as liaison between manufacturing product management engineering purchasing IT accounting and other depts as it relates to product costing.
• Prices & Profitability Reporting: Provide management with reports comparing factors affecting prices and profitability of products and services. Analyze actual costs and compare to standards. Audit rates and determine areas of improvement.
• Prompt and regular attendance at an assigned work location.
• Interact and communicate with employees and customers in an appropriate manner.
• Availability on site to confer with staff members with whom the employee must interact on a regular basis.
• Communicate via email
• Plan prioritize and monitor cost review activities.
• Complete assigned tasks and projects in a timely manner.

Supervisory Responsibility

No direct management or supervisory responsibilities.

Safety

Observe safety and security policies and procedures including proper use of Personal Protective Equipment including but not limited to eye and toe protection; report potentially unsafe conditions; and use equipment and materials properly. Follow department-specific safety requirements during visits to the production floor.

Travel

Limited travel as needed is required to commute between the Quaker campuses.

Qualifications

An individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge skill and/or ability required.

• Fluent in Microsoft applications particularly Excel spreadsheets & formulas.
• Demonstrated understanding of accounting and inventory practices.
• Demonstrated understanding of database and file structure relationships to connect multiple data sources.
• Proficient with Bill of Material and Labor Costing methods.

Education and Experience

The expectation is that the individual has achieved a minimum level of education and/or related expertise to qualify for this position.

• Associates Degree
• Bachelors Degree preferred with an emphasis in Accounting Finance or a related field
• Minimum 2 Years of Costing Experience may be used in lieu of the Associates Degree

Competencies and Skills

• Problem Solving
• Compliance Focused - Adherence to Company Policies and Procedures
• Data Accuracy
• Communication Proficiency and Listening
• Exceptional Clarity when Explaining Complex Concepts
• Discretion and Confidentiality
• Flexible and Reliable
• Collaboration

Position Type and Expected Hours of Work

This is a full-time position located at our Freeburg MO campus. Days and hours of work are Monday through Friday during normal business hours. Occasional evening and weekend work may be required as job duties demand.

Physical Demands The demands and environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

This is primarily an office job and largely a sedentary role with frequent sitting. The position requires the ability to climb stairs lift files open filing cabinets bend or stand as necessary. The employee is occasionally required to climb or balance; and stoop kneel crouch or crawl. The employee may also occasionally be required to lift and/or move up to 25 pounds.

Work Environment

Although the employee will primarily be in an office setting while performing the duties of this job the employee may need to visit the factory and be exposed to climactic variations various levels of vibration and moving mechanical parts. The noise level in the office is usually low but hearing protection may be advisable or required for prolonged visits to certain parts of the factory.

Other Duties and Responsibilities

Please note this job description is not designed to cover or contain a comprehensive listing of activities duties or responsibilities that may be required of the employee for this job. Duties responsibilities and activities may change at the discretion of management at any time.

Equal Employment Opportunity Statement

Quaker is an equal opportunity order to provide equal employment and advancement opportunities to all individuals employment decisions at Quaker will be based on merit qualifications abilities and Quakers needs and resources. Quaker does not discriminate in any employment opportunities or practices on the basis of race color religion sex (including pregnancy sexual orientation and gender identity or expression) national origin ancestry age disability genetic information military status or any other category protected by law.

Required Experience:

IC