Spectrum Plastics Group, A DuPont Business · 5 months ago
Costing Manager
Spectrum Plastics Group, a DuPont Business, is a global manufacturer of polymer-based components for medical and demanding markets. The Costing Manager will lead the development and implementation of standard costing practices across manufacturing operations, ensuring accuracy in inventory valuation and collaborating with cross-functional teams to provide insights into product economics and profitability.
ManufacturingMedical DevicePlastics and Rubber Manufacturing
Responsibilities
Develop, implement, and maintain a consistent standard cost framework across all sites and products
Lead annual standard cost roll processes and periodic cost updates
Analyze cost variances (PPV, material usage, labor, overhead) and partner with operations to understand root causes and drive improvements
Develop an annual or recurring cost review process to report on cost variances with key business leaders
Own inventory valuation accuracy and cost revaluation processes, ensuring proper accounting treatment
Support internal controls around inventory and costing
Partner closely with IT during the continued rollout and optimization of IQMS to ensure accurate configuration and master data alignment
Ensure standard cost structures and inventory processes are implemented consistently across all sites
Contribute to system enhancements and testing related to costing and inventory functionality
Act as the primary liaison between Finance, Manufacturing, Supply Chain, Engineering, and IT to ensure timely and accurate cost inputs
Build tools and processes to standardize cost rollups, BOM reviews, and routing validations
Collaborate with Product Managers to understand product economics and provide end-to-end margin visibility
Analyze and explain margin trends, highlighting product-level performance and profitability drivers
Support new product development with cost modelling and scenario planning as needed by the business
Develop tools and dashboards for cost and margin insights to support decision-making
Qualification
Required
The position requires a bachelor's degree in finance, accounting, management information systems or related field
5+ years of progressive experience in manufacturing finance or cost accounting, ideally in a multi-site environment
Deep understanding of standard costing principles, inventory accounting, and variance analysis
Strong Excel and data analysis skills
Excellent verbal and written communication skills
Problem solving skills
Strong interpersonal skills are a must
Willingness to accept and task ownership of new responsibilities in a fast-growing environment
Demonstrate a strong commitment to meeting deadlines, prioritizing tasks, and delivering results on-time
Additional requirements include a working knowledge of MS Word, and Outlook
Ability to multi-task with moderate supervision
Curious mindset with a drive for process improvement and systems thinking
Preferred
MBA would also be preferred
Understanding of US GAAP strongly preferred
Experience working in ERP systems, IQMS/DelmiaWorks is a plus
Power BI or similar tools is a plus
Salesforce.com experience is a plus
Company
Spectrum Plastics Group, A DuPont Business
Acquired in August 2023 by DuPont, Spectrum’s history spans over 60 years of applications expertise including precision extrusion, specialty injection molding, blown film extrusion and conversion, medical balloon fabrication, laser processing, additive manufacturing, and complex assembly of catheters and other devices.
Funding
Current Stage
Late StageTotal Funding
unknown2023-05-02Acquired
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