Cost Analyst
Industry Title
/Category: Operations/Finance
Job ID: 2011-5219
Career Level: management
Location/Division: Warrendale, PA/Dymax
Relocation: No
Posted Date: 10/4/2011
Close Date: ..
C. R. Bard, Inc. (NYSE: BCR)is a leading multinational developer, manufacturer and marketer of innovative, life-enhancing medical technologies in the fields of vascular, urology, oncology and surgical specialty products, employing over 11,000 people in over 25 countries around the world. Founded more than 100 years ago, we pioneered many devices that are now the cornerstones of modern healthcare.
We expect the highest levels of quality, integrity, service, and innovation from our employees – on the job and in the communities in which we work and live. In return, we foster an environment where individuals are treated with fairness and respect, and feel valued, acknowledged and rewarded.
Be Your Best at Bard – and ultimately, you can have an impact on the lives of people around the world.
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More information about this job:
Summary of Position with General Responsibilities:
The Cost Analyst will support Plant operations by providing Plant variance reporting and forecasting, evaluating inventory management and standard costs and performing financial analysis for the Plant staff and Division management as required. On an regular basis, this role will be responsible for ensuring compliance to Sarbanes-Oxley requirements and Bard accounting policies.
Essential Job Functions:
* Oversee the monthly closing process by ensuring all entries are accurate, booked in a timely manner and performing variance analysis with explanation for management review.
* Publish a monthly financial package, which summarizes the operating results of the Plant, inventory analysis, production activity and headcount details.
* Perform analytical support to the Plant and Division including: capital analysis, cost improvement project analysis, product cost analysis and other analyses as required.
* Develop a rolling 3-month variance forecast including manloading requirement.
* Assist in the development of a Plant LBE. Report on Plant performance to LBE and use this as a baseline in the annual budget process.
* Direct the development of an annual operating budget. This should include: analysis of material and labor standards, direct labor spending and labor utilization, indirect spending requirements and headcount summary, overhead application analysis, capital budgeting requirements, cost improvement goals, new product cost analysis.
* Coordinate and report on the semi-annual physical inventory.
* Participate as a member of the Plant staff by providing insight into the operating performance, develop the staff’s understanding of the financial results, provide financial analysis and objectively evaluate operating options/decisions.
* Develop operating procedures/systems to improve financial and management reporting as required.
* Ensure that all accounting activities follow generally accepted accounting principles, Bard accounting policies and are executed within the appropriate guidelines of internal control.
* Ensure compliance with Sarbanes Oxley requirements.
* Manage the facility’s Cost Improvement program (CIP) through coordination of activities with all relevant departments.
* Assist plant staff to achieve plant goals.
* Performs other related duties as required.
Basic Qualifications:
• Familiarity with budget development through past work experience.
• Experience with developing variance forecasts.
• Demonstrated ability to multi-task in a fast paced environment.
• Proven ability to lead projects from conception through to implementation.
• Willingness to relocate for future advancement within Bard
Additional Desirable Qualifications Skills and Knowledge:
* MBA and/or CPA/CMA preferred
Education and/or Experience:
* Minimum of 4 years’ experience with 2 years of cost accounting in a manufacturing environment
* Bachelor's Degree required with a preferred degree in Business Administration , Accounting or Finance
Physical Demands:
* N/A
Work Environment:
* Primarily office based
