Cost Accounting Strategist
hace 3 semanas
We are seeking a highly skilled Cost Accounting Strategist to join our team at The Timken Company. This is an exciting opportunity for a seasoned professional to drive cost optimization and improve manufacturing efficiency.
Job SummaryThe successful candidate will be responsible for coordinating annual standard cost, physical inventory, and cycle count processes to maintain accurate costing information and inventory valuation. They will analyze variances in material, labor, and expenses, identify root causes, and implement corrective action plans.
Key Responsibilities- Coordinate calculation of annual standard cost, normal hours, rates calculations & expenses, and landing factors.
- Analyze and understand variances in material, labor, and expenses; set remediation plans according to findings.
- Organize annual physical inventory and cycle counts, analyzing root causes to implement corrective action plans.
- Prepare manufacturing weekly performance reports for management review.
- Identify opportunities to improve profitability and be an active member of the implementation team.
- Improve administrative processes and be an active member of the implementation team.
- Support monthly manufacturing variance report preparation.
- Communicate manufacturing scorecard to all plant areas.
- Perform general accounting and costing journal entries.
- Assist in Annex 24 compliance.
- Prepare the annual business plan and monthly forecasts.
- Ensure compliance with internal controls in accordance with Sarbanes-Oxley.
- Variance and root cause analysis skills.
- Advanced Microsoft and SAP capabilities.
- Good verbal and written communication skills.
- Fluent English language skills.
- Knowledge and prior experience working in a maquiladora structure.
- Good interpersonal communication & organizational skills.
- Able to manage priorities and workflow - multi-task oriented.
- Degree in Accounting/Finance or Business, with Minimum 5+ years of experience in Cost accounting.
The Timken Company designs a growing portfolio of engineered bearings and industrial motion products that improve the reliability and efficiency of global machinery and equipment. We posted $4.5 billion in sales in 2022 and employ over 20,000 people globally, operating from 46 countries.
Why Choose Timken?- Over a century of knowledge and innovation.
- A culture of top performance.
- A global, diverse environment.
- Products that contribute to a sustainable world.
- A conviction to improve communities around us.
- Competitive salary and benefits.
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