Cost Analyst

No Relocation Assistance Offered
Job Number#170441 - San Jose Iturbide Guanajuato Mexico

Who We Are

Colgate-Palmolive Company is a global consumer products company operating in over 200 countries specialising in Oral Care Personal Care Home Care Skin Care and Pet Nutrition. Our products are trusted in more households than any other brand in the world making us a household name!

Join Colgate-Palmolive a caring innovative growth company reimagining a healthier future for people their pets and our planet. Guided by our core valuesCaring Inclusive and Courageouswe foster a culture that inspires our people to achieve common goals. Together lets build a brighter healthier future for all.

Cost Analyst

Position Purpose:

The Cost Analyst is the key financial support of the cost specialist and focus factory and is a strategic partner to provide financial analyses and guidance to the operations team to ensure the long-term success of the focus factory.

Key Responsibilities:

Financial Management

• Cost Analyst is responsible for the analyses of all the production variances with major focus on purchase price variances and providing the details needed to the plant Finance and Management in order to support the decision making and corrections needed.

• Responsible to keep monthly tracking of all the expenses that are related to the cost at the plant and proactively communicate risk and opportunities to better monitor and control the conversion cost

• Responsible for supporting the Quarterly Standard Cost calculations for the focus factory contract manufacturers and commercial skus for the category responsible to ensure a timely submission of costs and intercompany prices for both materials and finished goods; collaborating with Global and Regional CBS ensuring that master data is accurate and reviewing rate routings and providing all the explanations needed for changes to the cost.

• Responsible for preparing the material losses information weekly verify proper calculation and provide insights that help improve the KPI.

• Responsible for ensuring that all the internal controls are in place and that are aligned with CFPs. Also provide support for all the Audit (Internal External Corporate and Fiscal and SOXs) processes at plant

• Responsible for supporting the month-end financial closing (journal entries posting expense reconciliation headcount reports review) and collaborating with Colgate Business Services (CBS) to achieve timely closes and maintain the financial integrity and accuracy of the data.

• Responsible for supporting the physical inventory and analysis for contract manufacturing

• EMOs cost evaluation for Packing & Making. EMOs expense reconciliation and budget tracking prepress cost and obsolete.

Financial Statement Impact

• Support the preparation and analyses of the plant performance reports and financial statements and monitors key business drivers to communicate timely insights

• Responsible for applying all controls to the Inventory Management at the focus factory coordinating physical counts support to the supply chain teams with all the SLOBS materials and coordinating with the fiscal authorities the process for materials destruction.

• Support the analyses preparation to evaluate solutions to address financial issues based on knowledge of the business

Financial analysis & Business insight

• Support in the preparation for communication of monthly results to the Plant Controller and Focus Factory Management providing a summary of the key events in collaboration with the operations team as well as the action plans to close performance gaps and risks to the P&L. The Cost Analyst is the key support for the Cost Specialist to help liaison in the preparation for the monthly production performance reviews (PPRs).

• Support the preparation of monthly analysis of the manufacturing variances for the focus factory and quarterly estimates of production volume and manufacturing estimates with focus on the risks and opportunities.

• Support the preparation of weekly and monthly absolute material losses reporting in coordination with CBS Mumbai and supporting with the operational team on the identification of opportunities to reduce scrap and material loss in the focus factory.

• Responsible for supporting the Cost Specialist and focus factory Director on the performance of the annual conversion cost budget (Cost of Sales) and the Mid-Year Reviews.

• Support on the validation of FTG projects and ensuring the integrity of the FTG database for the focus factory.

• Support special projects and participation on Colgate taskforces when needed.

Business Perspective & Partnering

• Collaborate in Cross Functional meetings (Daily operational meetings AML Taskforces Blocked Inventory Status Meetings etc) when needed

• Educates cross-functional partners on key financial concepts

Education/ Experience

• Bachelor degree in Accounting Finance and Business Administration preferred.

• 1-3 years of experience in finance or accounting.

• English (advanced level).

Expected Areas of Knowledge Skills and Abilities

• SAP or equivalent ERP system preferred.

• Accounting and Financial Expertise

• Advance knowledge of Office / Google Suite (Sheets & Slides primarily).

• Excellent Financial Analysis skills

Leadership Competencies

• Planning and analysis

• Cross functional collaboration

• Curiosity and Effective Execution

Our Commitment to Inclusion
Our journey begins with our peopledeveloping strong talent with diverse backgrounds and perspectives to best serve our consumers around the world and fostering an inclusive environment where everyone feels a true sense of belonging. We are dedicated to ensuring that each individual can be their authentic self is treated with respect and is empowered by leadership to contribute meaningfully to our business.

Equal Opportunity Employer
Colgate is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race colour religion gender gender identity sexual orientation national origin ethnicity age disability marital status veteran status (United States positions) or any other characteristic protected by law.

Reasonable accommodation during the application process is available for persons with disabilities. Please complete this request form should you require accommodation.

#LI-Hybrid