Job Information
Trident Maritime SystemsHeavy Equipment Group Sr. Cost Analyst Manufacturing in Iron River, Michigan
Do you love the outdoors? Located in the beautiful Upper Peninsula of Michigan.
Job includes opportunities to immerse yourself in the breath-taking natural beauty of the outdoors, with picturesque landscapes, tranquil lakes and scenic trails right at your door step. Enjoy work-life balance in a serene environment that fosters a deep connection with nature and offers abundant recreational activities for outdoor enthusiasts.
Whether you're just starting or looking to further your career. Come apply with us at Trident Maritime Systems - Heavy Equipment Group. We offer 3-, 4- and 5-day work weeks.
Join us where you can work and play! Benefits include but are not limited to: 401K contribution Long Term & Short Term Disability, Basic Life at no cost to the employee Medical, Dental & Vision Insurances Paid Holidays Fitness company contribution Referral Bonuses Education Reimbursement Company Events Excellent PTO policy Summary We are seeking a Senior Cost Analyst to join our team and provide crucial financial insights and analysis to support our manufacturing operations. As the Senior Cost Analyst - Manufacturing, you will play a pivotal role in monitoring, evaluating, and improving financial performance, cost control, and profitability for the Heavy Equipment Group at Trident. Expertise in cost accounting, financial analysis, reporting, forecasting, and budgeting, will be essential in driving informed decision-making and maximizing operational efficiency. Responsibilities Perform financial analysis and reporting for manufacturing operations, including cost analysis, budgeting, forecasting, and variance analysis. Evaluate manufacturing processes, identify areas for cost reduction, and propose recommendations to improve operational efficiency. Collaborate with manufacturing managers to develop and monitor key performance indicators (KPIs) to track financial performance and operational metrics. Assist in the development and maintenance of standard costs for manufacturing products, ensuring accuracy and relevance. Update standard labor rates annually to ensure accuracy in both costing and quoting activities Participate in the budgeting and strategic planning process for the manufacturing department, providing financial insights and recommendations. Prepare financial models and scenarios to support decision-making on capital investments, capacity expansion, and process improvements. Monitor inventory levels, analyze inventory turnover, and provide recommendations to optimize inventory management. Collaborate with cross-functional teams, including operations, procurement, and finance, to drive cost reduction initiatives and process improvements. Stay current on industry trends, best practices, and regulatory changes impacting the manufacturing and financial landscape.
Qualifications To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Bachelor's degree in Finance, Accounting, or a related field. Master's degree or relevant professional certification (e.g., CMA, CPA) is a plus. Minimum of 5-7 years of experience as a Financial Analyst within a manufacturing environment. Strong analytical skills and proficiency in financial modeling, forecasting, and data analysis. In-depth knowledge of financial concepts, cost accounting principles, and manufacturing operations. Advanced proficiency in Microsoft Excel and financial management systems. Excellent attention to detail with the ability to work with complex data sets and perform accurate financial analysis. Strong communication and presentation skills,