What are the responsibilities and job description for the Cost Analyst position at Raycap Inc?
Job Summary
The Cost Analyst supports the finance manager and will work on data entry, reporting, and analysis for various cost drivers in the manufacturing and operations area. The ideal candidate is motivated to understand the business, can learn to ask the right questions, and apply that knowledge to effectively support finance.
Job Responsibilities
- Support Operations Finance with reporting, analysis, and financial insights
- Partner cross-functionally with operations teams to drive cost-saving initiatives and process improvements
- Process and review inventory adjustments, ensuring accuracy and proper documentation
- Analyze inventory discrepancies and trends, identifying root causes
- Evaluate consumables stock levels and implement controllable measures
- Spend time on the production floor to understand inventory flow, identify pain points, and perform audits
- Prepare detailed expense reporting and analysis
- Perform ad hoc financial analysis and reporting
- Provide flexible support to operational finance to meet evolving business needs
Job Requirements
- Bachelor’s degree in Finance, Accounting, Economics, Supply Chain or related field
- 1-3 years of experience in operations/supply chain finance or cost accounting
- Ability to understand standard costing, inventory management, and variance analysis
- Advanced Excel skills (data analysis, spreadsheet modeling, pivot tables)
- Preferred experience with ERP systems (e.g., SAP, Oracle) or accounting software
- Strong analytical, problem-solving, and organizational skills
- Ability to work independently and collaborate across functions
Work Environment
- Combination of office and some manufacturing floor presence
- Hands-on involvement with operations and inventory processes
- Fast-paced, deadline-driven environment with strong cross-functional interaction
- On-site presence required
We Offer
- A competitive benefit package
- Growth and advancement opportunities
- Paid Time Off from day One
- 10 company-paid holidays
- Tuition Reimbursement
- A generous 401(k) contribution
Raycap is an Equal Opportunity / Affirmative Action Employer. All qualified applicants receive consideration for employment without regard to age, disability, race, color, national origin, sex, marital status, sexual orientation, religion, creed, veteran or military status, or other protected status. We participate in E-verify for all employment verifications.
Drug-free workplace
Salary : $55,000 - $65,000