Job Summary: The Cost Analyst will support the manufacturing operations and cost accounting function for Texas Hydraulics. This includes but is not limited to standard costing, analyzing variances, monitoring and improving inventory accuracy, and creating analysis to help drive business results.

Responsibilities:

• Develop, understand, and maintain standard costs
• Ensure accuracy of inventory valuation through data analysis and communication with supply chain, engineering, and operations
• Ability to analyze and report on costs above Gross Profit such as purchase price variance, scrap, production variances, and variable expenses – finding root cause and helping to improve performance
• Perform month end close activities related to cost accounting and inventory transactions, recording journal entries and completing account reconciliations
• Participate in quarterly excess and obsolete inventory review process
• Provide operational business support by delivering timely and relevant information and trend data to help inform decisions and improve performance
• Ad hoc information requests such as make/buy analysis and projected cost roll impacts
• Assist in developing and documenting policies and procedures, including system requirements and internal controls
• Other Accounting tasks as assigned

Education and Experience:

• Bachelor’s Degree in Business, Accounting, or related field
• Minimum 2 years’ experience related to cost accounting
• Advanced computer skills in Excel with Oracle preferred

Key Competencies:

• Excellent written and verbal communication skills
• Able to explain complex accounting to non-accountants
• Analytical and problem solving skills
• Detail-oriented and accuracy focused
• Judgement and decision-making ability
• Persuasive and Influential

Work Environment:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The noise level in the work environment is usually quiet.

Physical Demands:

The physical demands 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.

The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include Close vision, Distance vision, Peripheral vision, Depth perception and Ability to adjust focus. While performing the duties of this Job, the employee is regularly required to sit; use hands to finger, handle, or feel and talk or hear. The employee is occasionally required to stand and walk.

NOTE: The above statement reflects the general details considered necessary to describe the principal functions of the job identified, and shall not be construed as a detailed description of all the work requirements that may be inherent in the job.