Finacial Cost Analyst Position Available In Spartanburg, South Carolina

Finacial Cost Analyst 3.5 3.5 out of 5 stars 3052 Moore Duncan Highway, Moore, SC 29369 What we offer: At Magna, you can expect an engaging and dynamic environment where you can help to develop industry-leading automotive technologies. We invest in our employees, providing them with the support and resources they need to succeed. As a member of our global team, you can expect exciting, varied responsibilities as well as a wide range of development prospects. Because we believe that your career path should be as unique as you are.

Group Summary:

Magna is an innovative leader in the development and manufacturing of high quality complete seating systems. Our solution includes seating structures, mechanisms and hardware, as well as foam and trim products for global automotive, heavy truck and bus industries. Our capabilities include market and consumer research; full concept development; design and engineering capabilities; testing, validation and world-class manufacturing. Our award-winning seating solutions are developed from consumer research, finding the ease of operation to be comfortable, convenient and connected.

Job Responsibilities:

The position of a Cost Analyst is responsible for finance matters in a managerial capacity with special emphasis on cost control. Job Security Perform Costing and Material Analysis Functions including Bill of Material structures Participate in the close process including: allocations, general ledger entries, and reconciliation of balance sheet accounts. Compile documentation for financial audits Assist in preparation of all intercompany transactions, reconciliations and payments. Preparation and submittal of monthly, quarterly, and annual schedules to group office regarding specific GL account reconciliations and supplemental information used in consolidated corporate disclosures. Assist with Compliance and Maintenance of Sarbanes-Oxley requirements. Analyzes, adjusts, and reconciles items of issue identified through Month end close review. Setup/revise (as required) part numbers in ERP system Setup/revise (as required) Bill of Materials structures for assemblies and finished goods products in ERP system. Ensure part number effective dates are current to release in ERP system. Setup Service Parts and Structures in ERP system including entry and verification of price and cost. Assist in analyzing inventory levels and transactions for recording purposes. Monitor the cycle counts general ledger account. Develop labor and burden rates required for standard cost development. Setup labor and burden routings for assemblies and finished goods. Roll standard costs as required. Update current and frozen costs in system. Develop analysis to review all component cost/price changes resulting from VAVE initiatives, Economics, etc. including Customer CR’s. Update all RPS Inventory Purchase Orders. Maintain ARCS Purchase Order Pricing Update all pricing issued from Customer’s web based system Compare standard to actual costs for inaccuracies and update Senior Management as appropriate. Work closely with Purchasing and Sales for all program cost/price changes Provides support to departmental Senior Management and Corporate Management for detail data requests, some on a regular/weekly basis and some on ad hoc basis. Creation and Distribution of Monthly Management Reports, and ad hoc reporting as required. Specialty projects as assigned on a as needed basis. Performs other reasonable duties as assigned or required.

JOB QUALIFICATIONS

Required Skills Bachelor’s degree in accounting or a related field At least 2 years of progressive accounting experience Intermediate to advanced Excel skills with the ability to work with large data sets Strong attention to detail, analytical thinking, and problem-solving skills Effective communicator with the ability to collaborate with finance team Preferred Qualifications SAP experience preferred Experience in manufacturing environment Performed standard cost updates

Awareness, Unity, Empowerment:

At Magna, we believe that a diverse workforce is critical to our success. That’s why we are proud to be an equal opportunity employer. We hire on the basis of experience and qualifications, and in consideration of job requirements, regardless of, in particular, color, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability or gender identity. Magna takes the privacy of your personal information seriously. We discourage you from sending applications via email or traditional mail to comply with GDPR requirements and your local Data Privacy Law.

Worker Type:

Regular /

Permanent Group:

Magna Seating