Sr. Cost Analyst

Zhongshan, Guangdong
Permanent
Full-time

2 months ago

Littelfuse is one of America’s Best Mid-Sized Companies (Forbes) and has been named one of the Best Places to Work in Illinois (Best Companies Group) for 11 consecutive years. With its global headquarters in Chicago, Illinois, USA, Littelfuse is a leading, global manufacturer of electronic components serving more than 100,000 end customers across industrial, transportation, and electronics end markets. We have more than 17,000 employees with operations in 15 countries. From semiconductors to sensors… switches to fuses and more… we produce billions of electronic components that help our customers empower a sustainable, connected, and safer world. In 2021, Littelfuse had net sales of $2.1 billion.We are seeking a costing analyst with deep knowledge of JD Edwards ERP software and experience with system implementations to support the Commercial Vehicle Products business unit. Working with a cross-functional team, this role will lead standard costing improvements in accuracy, reporting and analysis for manufacturing plants located in Mexico and China.Job provides an opportunity to improve the collaboration with the Operations Team at Littelfuse PN and other Mexico Business Units with good visibility of the costing and General Ledger.About the Job:Determine standard costs and investigate variances with actual costsLead the annual standard cost-roll processReview, analyze, update and validate standard cost including bill of materials with deep understanding of the labor and overheadEvaluate standard and actual costs for inaccuraciesMeasure, monitor and analyze cost reduction projects as compared to expectationsAnalyze material usage variances, purchase price variances, scrap and inventory evaluation actual vs forecast in support of month-end closing activitiesResolve costing discrepancies and irregularities with BOMsInvestigate cycle count variances and resolve inventory adjustmentsWork on special financial projects as requiredAbout You

Bachelor’s degree in accounting, finance or equivalent
5+ experience with manufacturing companies in positions with responsibility in areas such as cost accounting, profitability analysis and manufacturing cost reductions
Understanding of manufacturing standard cost accounting and inventory valuation
Demonstrated proficiency in accessing information from ERP systems; JD Edwards and SAP knowledge required
Proficiency in Excel for modeling and analysis
Experience in partnering with operations to develop and implement cost reduction plans
Knowledge of GAAP
Fluent English Language

An outstanding professional will have:Strategic acumen - ability to consider the big picture and understand business on global scaleTeamwork – ability to collaborate with global, cross-functional teamsAnalytical skills and critical decision skillsGood communication skillsAbility to pay attention to details and follow through to achieve the desired goalsAbility to add value both as an individual contributor and by working through othersAbility to support decisions through systemic, fact-based analysis and conclusionsLearning agility and ability to define priorities to focus on those that will add the most value.Ability to manage through conflict and differences of opinion.Self directed with an ability to set priorities for this new role

Littelfuse

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