Cost Analyst

Position Overview The Cost Analyst is an existing role within Kimball Electronics Jasper. You will report to the BU Controller for Kimball Electronics Jasper (KEJ). You will overall support the completeness, accuracy, & integrity of the financial statements for KEJ, month end closing process, internal controls structure and providing impactful data for management decision-making. The mission of this position is primarily to validate tariff costs incurred from supplier and to pass to customer. Also, to maintain SAP master data to reflect correct information regarding costs incurred by suppliers. The desired outcome is to ensure accurate billing to customer for costs incurred. Quick Summary The Cost Analyst I is responsible for all activities related to tariffs; including review, approvals, documenting, customer billing & reporting. Ensure tariff charges on supplier invoices are reasonable based on current tariff rates & that all relevant information is provided (COO, HTS code, PO detail, etc.) Review CTSI Freight Paid report to identify & ensure tariff related charges are validated & documented to support customer billing. Work with Engineering & Supply Chain teams to identify tariff exclusions that can be claimed by KEJ Coordinate with customs brokers (UPS, FedEx, Expeditors, etc.) to implement exclusions Monitor 2DL data to ensure exclusions are applied accurately; work with customs brokers to issue post summary corrections as needed Review US Treasury refunds to determine where customer credits should be applied Create monthly billing file by combining tariff charges on supplier invoices and in 2DL Freight Paid file Provide Controller compiled costs for monthly charges & customer invoice amounts Update Tariff Reconciliation file at month end to verify that tariff charges posted to the Tariff Expense & Customer & Duties accounts in SAP tie out Prepare customer monthly billings (SPRs) Track recovery & work with PM/BM to ensure customer POs are received First point of contact on customer/PM/BM questions Cross train with KEJ Finance team to ensure departmental backup Comply with all Safety, Electrostatic Discharge (ESD) and Quality Management Job Description The Cost Analyst is an existing role within Kimball Electronics Jasper. You will report to the BU Controller for Kimball Electronics Jasper (KEJ). You will overall support the completeness, accuracy, & integrity of the financial statements for KEJ, month end closing process, internal controls structure and providing impactful data for management decision-making. The mission of this position is primarily to validate tariff costs incurred from supplier and to pass to customer. Also, to maintain SAP master data to reflect correct information regarding costs incurred by suppliers. The desired outcome is to ensure accurate billing to customer for costs incurred. Quick Summary The Cost Analyst I is responsible for all activities related to tariffs; including review, approvals, documenting, customer billing & reporting. Ensure tariff charges on supplier invoices are reasonable based on current tariff rates & that all relevant information is provided (COO, HTS code, PO detail, etc.) Review CTSI Freight Paid report to identify & ensure tariff related charges are validated & documented to support customer billing Work with Engineering & Supply Chain teams to identify tariff exclusions that can be claimed by KEJ Coordinate with customs brokers (UPS, FedEx, Expeditors, etc.) to implement exclusions Monitor 2DL data to ensure exclusions are applied accurately; work with customs brokers to issue post summary corrections as needed Review US Treasury refunds to determine where customer credits should be applied Create monthly billing file by combining tariff charges on supplier invoices and in 2DL Freight Paid file Provide Controller compiled costs for monthly charges & customer invoice amounts Update Tariff Reconciliation file at month end to verify that tariff charges posted to the Tariff Expense & Customer & Duties accounts in SAP tie out Prepare customer monthly billings (SPRs) Track recovery & work with PM/BM to ensure customer POs are received First point of contact on customer/PM/BM questions Cross train with KEJ Finance team to ensure departmental backup Comply with all Safety, Electrostatic Discharge (ESD) and Quality Management System (QMS) requirements

Key Performance Objectives Short Term:

(0 to 2 months): Learn SAP system Learn 2DL navigation & reporting Learn how to locate customs documentation Learn to create & issue

Tariff SPRs Midterm:

(3 to 9 months): Review & approve tariff charges in SAP Readsoft Develop detail file to support duties charged through 2DL Generate monthly billing file Determine appropriate allocation of tariff exclusion refunds Post monthly tariff-related journal entries Reconciliation of monthly tariff expenses Support ad hoc requests for tariff-related information Longer Term (9 to >12 Months): Proactively provide feedback on process enhancements Cross train with other financial analyst to ensure departmental backup Take ownership of all Customer Tooling activities including by not limited to the following: meet with PMs and Engineers monthly to accurately report tooling activities, submit tooling 4-Blocks, create TOs, tracking costs and revenues, creating customer owned assets for insurance purposes, customer owned asset counting/tracking (cycle counts) Transition into the PROTO Finance Analyst "Controller" responsibility - supporting all accounting and financial reporting activities for the New Product Introduction department As the primary backup, prepare and submit SPR's (Special Price Requests) as needed from information given As the primary backup, perform all necessary tasks associated with setting up ECs (Engineering Changes) into the SAP system and ownership of material cost standards - set-up new materials, costing created, confirm SAP matches quotes Provide recommendations for business unit cost structure improvements with a focus on a mindful spending philosophy Identify gaps / errors in current business processes and recommend solutions Directly support enhancements and development of relevant business tools and systems Assist in improving business processes driving for gains in efficiency & effectiveness Other (ad hoc priorities): Achieve Yellow and Green Belt Certification in KEJ's Six Sigma Program Respond to audit inquiries promptly with thorough and accurate information Help support internal control processes & reviews to ensure the integrity, accuracy, and completeness of the business units financial statements Decision Support-focused ad-hoc projects, manage different projects and bring closure Proactively provide recommendations for customer cost down opportunities Be a Change Agent, focusing on continuous improvement and innovation Be willing to take on additional projects as time allows Assist Finance and Supply Chain with different ad hoc reporting & requests Basic Background Requirements Minimum of 0 to 3 years related work experience required Ideal candidate will have Manufacturing Finance / Operational Accounting experience The ability to work with different departments and all levels of the business Detail oriented and emphasis on complete & accurate results Problem solving / analyzing and interpreting data Strong communication skills across all different functions of the business unit Capacity to request and gather information proficiently Ability to be self-motivated and self-directed, takes initiative Customer driven and focused, both internal and external A bachelor's degree (typically accounting or finance) or equivalent work experience Helpful, but not required are an MBA, CMA, CPA, or APICS (manufacturing) certifications Cost Accounting and Standard Cost experience in a manufacturing environment a plus Experience in Microsoft Office product, especially Excel, required Helpful, but not required knowledge of SAP