Cost Accounting Analyst

hace 4 semanas


Reynosa Tamps, México Hitachi ABB Power Grids A tiempo completo

Cost Accounting includes the compilation of cost information for products and services for a specific job or project. It also encompasses the investigation of costs that differ from expectations, assisting in resolving those differences and preparing reports.

The Cost Accountant establishes industrial cost and measurement of inventories in accordance with Group accounting standards, ensures implementation of “Product Costing” sub-process of Record to Report and quality of inventory reporting.

Prepares the reconciliations and justifications of the costing perimeter accounts (raw materials, semi-finished, finished goods).

Investigate, analyze and prepare financial and business information in support of various functional groups. Compile information and prepare reports, graphs and charts. Analyze trends affecting various financial activities. Recommend and implement measures to improve operations and services to customers.

Typical duties/responsibilities for finance may include, but are not limited to, the following:

Audit and analyze a variety of financial information used in the preparation of budgets, forecasts, business plans, prices, costs of products and services, and submit results.

Monthly closing, input and output data control, indicator calculation (manufacturing costs, cost of materials, measured inventories, cost variances).

Building standard costs based on budgets.

Collect cost information and maintain an expenses control database.

Collect cost information and maintain a scrap control database.

Analyzing costs from Purchasing

Analyzes Bills of Materials

Identifying and analyzing Routings

Determine fixed costs (e.g. salaries, rent and insurance)

Plan and record variable costs (e.g. purchases of raw material and operations costs)

Review standard and actual costs for inaccuracies/variances.

Prepare budgeting reports.

Assist in preparation (monthly, quarterly, and annual) cost forecasts.

Assisting in month-end and year-end closing

Identify and recommend cost-effective solutions.

Attend external-internal auditors (SAT, Social Security, Customs, EY, KPMG)

Ensuring accurate accounting of Balance Sheet and P&L.

Ensure all HC costs are correctly posted, coded, and accrued of required monthly.

Supports cycle counting and/or annual physical inventory.

Conduct special studies and work with other departments on such matters as preparation of reports, development of procedures and controls, and processing of expenses. Review data and obtain additional information, as appropriate.

Prepare, install and maintain controls for a principal financial or other functional area. Recommend improvements to contain costs, increase oversight capability and be responsive to customer requirements.

Work with suppliers, auditors, consultants, agency representatives and employees to explain practices, respond to questions, and resolve or assist in resolving discrepancies.

Complexity of Tasks:

Requires thorough knowledge of financial policies and procedures, and ability to effectively interpret financial operating statistics and communicate information to management. Financial activities, analyses, studies and research are varied and somewhat difficult, and usually involve a moderate level of responsibility.

Basic Qualifications:

  • Bachelor's degree in finance or related field plus 2 to 5 years of experience or a special combination of education and experience and/or demonstrated accomplishments.
Location Reynosa, Tamaulipas, Mexico

Job type Full time

Experience Experienced

Job function Finance

Contract Regular

Publication date 2024-04-17

Reference number R0046397

About Hitachi Energy

Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We serve customers in the utility, industry and infrastructure sectors with innovative solutions and services across the value chain. Together with customers and partners, we pioneer technologies and enable the digital transformation required to accelerate the energy transition towards a carbon-neutral future.

We employ more than 40,000 people in 90 countries who each day work with purpose and use their different backgrounds to challenge the status quo. We welcome you to apply today and be part of a global team that appreciates a simple truth: Diversity + Collaboration = Great Innovation.

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