Cost Analyst

Job Description Job Title:

Cost Analyst Req ID:

49210 Job Location (Short):

Ames, IA, USA Employment Type:

Full Time Segment:

Danfoss Power Solutions Segment Job Category:

Finance & Accounting Work Location Type:

On-site The Impact You'll Make This is your chance to be more than just an analyst; you will be a financial detective for our Ames plant. You will play a pivotal role in shaping our cost control framework, bringing a new level of transparency and clarity to our financial reporting that will guide our operational strategy. Reporting directly to the Plant Controller, your analysis will do more than just track numbers—it will tell a story. You will investigate variances, uncover root causes, and provide the critical insights our production leaders need to improve efficiency and profitability on the factory floor. Your work will directly contribute to our success by ensuring financial integrity and empowering our teams with the data they need to make smart, impactful decisions. If you are ready to apply your analytical skills to drive real-world improvements, this is the role for you. What You'll Be Doing As a Cost Analyst, you will be a key financial partner to our operations. You will have the opportunity to: Drive the monthly financial close process , delivering accurate and timely reporting that provides clear visibility into plant performance. Dive deep into manufacturing costs by analyzing variances in price, scrap, and material usage to uncover root causes and recommend improvements. Act as a trusted financial partner to our production team leaders , providing the cost analysis and profitability insights they need to make smart decisions. Enhance our reporting capabilities by leveraging tools like SAP and Business Intelligence to support the annual budget process and other financial initiatives. Ensure financial integrity by applying accounting principles to all tasks and proactively investigating and resolving questions with strong attention to detail. What We're Looking For We are looking for a detail-oriented and proactive analyst who is eager to make an impact.

The ideal candidate will have:

A Bachelor's degree in Finance or Accounting . 1+ years of experience in a finance or accounting role, preferably within a manufacturing environment . High proficiency with Microsoft Excel and experience with reporting systems such as SAP or Business Intelligence (BI) . Strong analytical and problem-solving skills , with the ability to work collaboratively in a fast-paced team environment. Excellent communication and time management skills , with a flexible and results-oriented mindset. Able to work in the US, without sponsorship, both now and in the future. Ready to turn data into action? to join our dedicated finance team in Ames. What You'll Get from Us We promote from within and support your learning with mentoring, training, and access to global opportunities. You'll have flexibility, autonomy, and support to do your best work while maintaining a healthy work-life balance. Your well-being matters to us. We strive to create an inclusive work environment where people of all backgrounds are respected, and valued for who they are. You'll receive benefits like 13th salary, annual bonus, paid vacation, pension plans, personal insurance, and more. These vary by country and contract, but they're worth asking about—we think they're pretty great. Ready to Make a Difference? If this role excites you, we'd love to hear from you! to start the conversation and learn more about where your career can go with us. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, or other protected category. Information at a Glance Danfoss engineers solutions that increase machine productivity, reduce emissions, lower energy consumption, and enable electrification. Our solutions are used in such areas as refrigeration, air conditioning, heating, power conversion, motor control, industrial machinery, automotive, marine, and off- and on-highway equipment. We also provide solutions for renewable energy, such as solar and wind power, as well as district-energy infrastructure for cities. Our innovative engineering dates back to 1933. Danfoss is family-owned, employing more than 39.000 people, serving customers in more than 100 countries through a global footprint of 95 factories. Danfoss engineers solutions that increase machine productivity, reduce emissions, lower energy consumption, and enable electrification. Our solutions are used in such areas as refrigeration, air conditioning, heating, power conversion, motor control, industrial machinery, automotive, marine, and off- and on-highway equipment. We also provide solutions for renewable energy, such as solar and wind power, as well as district-energy infrastructure for cities. Our innovative engineering dates back to 1933. Danfoss is family-owned, employing more than 39.360 people, serving customers in more than 100 countries through a global footprint of 95 factories.