This job has closed.

ChampionX · 2 weeks ago

Cost Account Analyst

Houston, TX

Full-time

Hybrid

Mid Level

3+ years exp

ChampionX, now part of SLB, is a global technology company driving energy innovation for a balanced planet. They are seeking a Cost Account Analyst to ensure the accuracy of product costs, analyze variances, and provide financial analysis for manufacturing investment scenarios.

ChemicalChemical EngineeringManufacturingOil and GasSupply Chain Management

No H1B

Responsibilities

Ensure accuracy of product costs including Bill of Materials (BOMs), routings, labor rates, etc

Analyze variances to standard cost; i.e.: purchase price, material usage, labor rate and usage and report findings to management team in various report formats

Work with management to complete financial analysis for various manufacturing investment scenarios, including comparison between different machines, equipment, and processing

Maintain the standard cost system to generate accurate product costs/inventory values and meaningful variance analysis. Understand the reason for the cost change and obtain authorization for cost changes

Design and develop plant reporting, analyze manufacturing cost, examine financial and operational data and provide recommendations to Management

Participate and lead review discussions with plant management in regularly scheduled meetings

Put in place a system of controls to safeguard plant assets that reduce the chance of recording incorrect financial information

Provide assistance in the development of budgets, manufacturing standards, and financial forecasts

Review existing and develop new budgeting requirements for the manufacturing facilities

Conduct profitability analysis, and review results with key plant staff

Perform financial analysis and develop strategic and process initiatives with minimal supervision and guidance

Provide Variable Cost productivity trackers with corresponding analysis

Participate in annual physical inventory

Qualification

Financial analysisCost managementBudgetingOracle ERPManufacturing experienceAnalytical skillsProblem-solving skillsTeam player

Required

Bachelor's Degree in Finance, Engineering, Accounting or related field

3-5 years of work experience

Experience in a manufactory or factory environment

Experience with financial analysis, forecasting and financial reporting

Inventory and Cost management experience

Strong analytical and problem-solving skills

Personal skills and team player

Quick learner of complex ERP system; Oracle experience a plus

Immigration sponsorship not offered for this role

Benefits

Comprehensive benefits package starting day 1 of employment- medical, dental, vision, matching 401k, company paid life and disability insurance, health savings account with company provided funds, paid vacation & personal time and so much more!