A Senior Cost Analyst is a professional and experienced Cost analyst who undertakes the crucial role of evaluating the expenses of the company’s projects and departments. while specific duties and responsibilities can vary, the Senior Cost Analyst Resume mentions the following core tasks associated to the job – making estimation of new and proposed costs of production; collecting and analyzing information to determine the cost of the activities such as cost of production and raw materials; analyzing changes on the methods of production, goods, and services; maintaining the documentation of data and statistical arrangements; securing accounting-related documentation; assisting in preparing annual budgets; advising the management on all financial issues, and identifying opportunities of efficiency.
To undertake the company’s cost-related functions, the analyst must denote the following skills – passion for scrutinizing numbers, statistical data analysis; operational analysis; knowledge of costing methodologies; basic knowledge of accounting and financial analysis; and proficiency with relevant software. Even though a degree is not mandatory, most employers prefer a college degree and a strong financial or business training.
Objective : Professional-level experience in accounting and financial operations, analyzing and interpreting complex financial reports, and departmental administration and recordkeeping. Strong financial control background and demonstrated problem solving and analytical skills. Well developed business ethics, acumen, integrity, and consultancy skills.
Skills : Proficient with MS Office, Hyperion Enterprise/Smartview, Cognos, Cost Data Warehouse, Costpoint, SAP, Deltek, PRIMAVERA, Oracle, MS Project, Jamis, MPM Cost Processor, Winsight.
Supported month end close process, specifically on cost of goods sold reporting and analysis Reconcile General Ledger accounts, prepare monthly journal entries, assist with capacity planning.
Reported monthly and quarterly inventory and margin analysis including reserve requirements, Purchase Price Variance and negative balances.
Generated and spoke to reports for wide audience of management, both finance and operations team.
Continually improved quality of reporting.
Innovated new ways of providing new forms of information.
Assisted with budget and other forecasting processes, balance sheet reviews, IRS tax audits, and any other external audit requests.
Monitored standard costs for accuracy.
Master Of Business Administration
Senior Cost Analyst III Resume
Objective : Accomplished and integrity driven business professional with experience in accounting, finance, procurement and business administration support at the senior management level. Strong concentration and high success rates in finance, customer service and project management; as well as highly diverse business knowledge.
Skills : Microsoft Office, Especially In Advance Excel, Experience With SAP Modules: MM PUR, FI, Experience With Hyperion System.
Provided monthly analysis of Settlement Orders for US plants across 6 different product lines and 8 services categories.
Liaised with QA/QC departments to ensure confirmations were completed and material/services were received.
Ensured Labor and Utilized requirements were met prior to settling cost to designated accounts.
Created journal entries in SAP to reclassify labor charges to WBSe.
Conducted staff engagement sessions to complete account reconciliations for Labor Cost as well as Period Cost Variances.
Reconciled Scrap and Warranty Reserves accounts for product lines and service areas totaling $475M; monthly, quarterly and year end closing.
Established accounting schedules and ledgers for quarterly and year-end Excess and Obsolete Inventory by reviewing stocking plans, material analysis, sales and utilization reports across multiple plants.
Senior Cost Analyst II Resume
Objective : Senior Cost Analyst will be responsible for developing cost models and conducting cost analyses for a variety of products.
Skills : QAD, Oracle, SAP, Essbase, Monarch, Microsoft Office.
Hired as a full-time employee after two (2) months as a contract employee through Robert Half Management Resources, the position was created to provide dedicated resources to more efficiently and effectively manage the company's inventory.
Developed cost analysis reporting for divisional and product margin analysis while also supporting staff accounting responsibilities.
Saved $100,000 in revenue by resolving a product quantity dispute with primary user by developing an inventory control/delivery tracking process for a new liquid fertilizer product.
Assisted in reducing annual audit fees by $150,000 (50%) since 2007 through improved inventory controls and streamlined audit reporting.
Maintained up-to-date product standard cost to ensure accurate COGS and maintain product margin integrity; standard costs had not been completely updated since installation of SAP Business One software.
Duties also entailed alternatives identification, life cycle cost estimating, cost risk analysis, and documentation of results for the ASR-9 and ASR-.
Provided routine analysis of inventory transactions in SAP to ensure materials were coded properly prior to write off and transfers.
MBA In Finance
Senior Cost Analyst I Resume
Summary : Hands on experience providing business case analysis, cost analysis & estimation, earned value management, acquisition life cycle and product engineering support services. Proficient in developing cost estimates for a variety of technology products, both hardware and software at various phases of the acquisition life cycle.
Skills : Accounting, Customer Service, Sap, Call Center, Sales.
Coordinated budgets/forecasts with 20+ department managers in operations, sales, marketing, and logistics.
Calculated all cost associated with the forecasted and budgeted revenue.
Compiled, prepared, and analyzed monthly, budget, and forecasted P&L, and CM financial statements.
Establish methodology for CM allocation keys.
Prepared monthly financial commentaries and explain varianced between actuals, budget, and forecast.
Reconciled various schedules for monthly, quarterly, interim and year end external audit.
Managed project costing to ensure correct booking/billing to the customer(s) and recording costs from headquarter and/or subsidiaries.
Masters Of Science In Accounting
Assistant Senior Cost Analyst Resume
Summary : Analyzed all material salvage cost and charged appropriate department or supplier, Provided financial calculation for RFPs, Prepared & reconciled accounts related to projects, inventory, reserves, & warranty.
Skills : Accounting, Customer Service, Sap, Call Center, Sales.
Developed cost estimates for automated information systems acquisition (software and hardware).
Collected, analyzed and normalized historical cost and technical data.
Reviewed and analyzed technical data packages in the procurement and acquisition of information systems.
Reviewed Concept of Operations (CONOPS) and related support documentation to develop Rough Order Magnitude (ROM) costs, Analyses of Alternatives (AoA) and Cost Benefit Analyses.
Developed cost analyses to support milestone reviews and decisions.
Developed regression models to interpret statistical results of historical acquisition data.
Performed Risk Analysis of program acquisition plans and schedules.
BS In Industrial Engineering
Associate Senior Cost Analyst Resume
Objective : An experienced executive with an innovative mindset. Strong background identifying, recommending and implementing solutions to deliver value for global customers. In depth process improvement portfolio with focus on customer experience. Highly skilled communicator, comfortable interacting at all organizational levels.
Reasoned for Leaving - Elimination of Position, moved Position to Corporate Office in St.
Participated and trained in Lean Six Sigma processes.
Prepared Daily Variance and Analysis Reports.
Performed monthly cycle counts on inventory.
Reconciled booked to perpetual inventory on a monthly basis.
Analyzed and monitored trends of material costs, gross margin and inventory levels.
Prepared monthly and quarter analysis and variance reports and charts for the Plant Manager.
Bachelor Of Science In Accounting
Assistant Senior Cost Analyst I Resume
Summary : Financial Management Professional Expertise in business planning, budgeting, forecasting, financial analysis and expense controls. Experienced in manufacturing related finance disciplines; COGS analysis, cost accounting, inventory management and material processes.
Lead, planed and executed transition of GSO finance department responsibilities to Mexico finance team.
Reconciled & resolved aged capital spending accounts of $5.5m over 13 projects.
Balanced sheet review, analysis, reconciliations.
Assumed Assistant Controller responsibilities of monthly, quarterly and year-end activities for 2 plants.
Cost of sales, variance, overhead entries.
Reported and analyzed product costs for the manufacturing product lines Prepared sales forecast and budget Provided financial support to Operations,.
Calculated inventory obsolescence and reserve amounts.
Masters Of Business Management
Senior Cost Analyst/Executive Resume
Objective : Senior Cost Analyst is responsible for estimating and controlling the costs of projects and programs. This includes managing the cost estimate process, cost control, developing and executing cost plans, and reporting on cost performance.
Skills : Excel, Quickbooks, Office Suite, General Ledger, Flash, Power Point, Access.
Implemented an electronic proposal filing system and revision/configuration control process.
Established electronic publishing process for building Proposal Cost Volumes for customers.
Developed parametric for preparing Expatriate cost estimates including a calculator for determining company tax liability.
Transitioned Activity Based Costing application to current Microsoft Access release and added enhancements.
Prepared a complete cost proposal for the Egypt Co-Production Program using Activity Based Costing process.
Led, wrote, and reviewed policies and procedures for Sarbanes Oxley sections 302 and 404; Led the Cost Accounting Group on OTC (Off-shore Trading .
Reconciled estimates to actuals to develop lessons learned.
Senior Cost Analyst/Superviosr Resume
Objective : Over 30 years of Procurement, Contract and Cost experience. Six Sigma Greenbelt. Utilized skill daily. Over fourteen (16) years of DOD, FAR, Import/Export and Federal Contracting experience. Secret Security Clearance received valid through Extensive knowledge of supplier management and procurement processes in developing contract or agreements for obtaining goods and services.
Skills : Microsoft Office, EPR Systems.
Responsible for analyzing resource requirements and budget requests from Army organizations to assess the validity and reasonableness of the amounts requested.
Provided Commanders a better understanding of their full capability cost incorporating cost considerations into the decision making cycle.
Helped Commanders understand the near and long-term cost implications of their decisions; and to make effective trade-off decision to achieve best use of limited resources and apply cost knowledge that focuses on the end result.
Worked with contracts and reviewing mission requirements and cost associated in the theater environment.
Improved cost management to accurately measure and understand the full cost of business processes, products and services, articulate readiness effects and measures of effectiveness.
Performed detaile cost analyses of Joint Acquisition Review Board packages by reviewing contracts, mission requirements and cost associated in the theater environment.
Helped to determine actual cost needed by analyzing Independent Government Cost Estimates, prior cost data and market research.
BS In Business Administration
Senior Cost Analyst Resume
Summary : Experienced managerial accounting professional, skilled in the use of Microsoft Office and SAP enterprise software, seeking opportunity to contribute to the financial success of progressive organization.
Skills : Proficient In The Use Of Microsoft Office Products, With An Emphasis In Excel And Access. SAP Super User With Extensive Experience In CCA, PCA And CO-PA Modules. Excellent Communication , Both Oral And Written.
Acted plant controller for divisional operations located locally and consolidated at a global level.
Responsible for department expense reviews, budgeting/forecasting, month-end accruals, journal entries, general ledger reconciliations and the development of rules used to allocate indirect costs to products and business units.
Maintained product costing, including the calculation of annual labor/burden rates and inventory valuation.
Effectively worked with, educated and supported a wide variety of personnel, including operations management and colleagues located in Europe and the Asia Pacific.
Worked as necessary to meet very compressed month-end deadlines.
Tracked production through 5 departments to determine variances in production and inventory.
Investigated and interacted with supervisors to determine and resolve yield variances.