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Sr. Cost Analyst

Location: Monroe, Georgia, United States
Job ID: R0006273
Date Posted: Jan 16, 2022
Segment: Smart Life
Business Unit: Hitachi Automotive
Company Name: Hitachi Astemo Americas, Inc.
Profession (Job Category): Finance
Job Type (Experience Level): Experienced
Job Schedule: Full time
Remote: No

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Description

On January 1, 2021, Hitachi Automotive Systems, Ltd., Keihin Corporation, Showa Corporation and Nissin Kogyo Co., Ltd. merged to form Hitachi Astemo, Ltd., a world-leading mobility solutions provider focusing on advanced mobility technologies within the fields of electrification, autonomous driving, and connectivity to help reduce environmental damage, decrease traffic accidents, and improve comfort.  The name "Astemo" is derived from the words "Advanced Sustainable Technologies for Mobility" and describes the mission of the integrated company to "provide a safe, sustainable and comfortable mobility life through technologies that contribute to an advanced and sustainable society". Our people are at the heart of achieving these goals, and we are proud to be an equal opportunities employer.

We recruit and develop people from diverse backgrounds who can bring their skills and experience to our organization and make us even more effective.  Own the Future and become a part of the team.  We have a current career opportunity as a Sr. Cost Analyst.

ESSENTIAL FUNCTIONS:

  • Review and analyze monthly financial reports by product / product family , and work within the cost management system data & by Cross Functional Team communication, to identify causes of cost variances between budget targets & actuals

  • Develop product & product family profit forecasts and projections as requested

  • Lead the preparation and review of the annual operating budget, including supporting Finance & Accounting and Operations Departments with a focus on target setting, to insuring program total lifetime profit achievement.

  • Lead the organization of and preparation of new business price quotations , by coordinating with local cross-functional and Japan cost planning teams including Sales, Engineering, Procurement and Operations

  • Support internal review meetings of product costs and profitability, in order to gain approval of stakeholders

  • Develop ad-hoc pricing and cost reports and financial models for management as requested

  • Support regular cross-functional reviews of product costs and profitability, and coordinate with the sales, purchasing, product management, production engineering, and operations teams to ensure optimal pricing & profitability throughout product life cycles

  • Analyze the actual vs. targeted costs and benefits of investments

  • Advise upper management on the profitability of lines of business and products

  • Analyze changes in product design, materials and manufacturing methods, to determine the impact on product costs and period profitability

  • Establish standard costs for new items and changes to existing items in the cost accounting system.  Perform the annual standard cost update, including the update and review of standard overhead and labor rates.

  • Monitor variances to standard costs and work with other relevant departments to determine the root causes. 

  • Must establish and maintain work relationships with all levels through a high degree of professionalism and excellent interpersonal/communication skills.

  • Strong participation & support of program Cross Functional Teams & related company departments (logistics, production, engineering, sales, procurement  and information technology)

  • Follow relevant policies and procedures so that work is carried out in controlled manner.

  • Work additional task as assigned

  • Develop a positive and effective working relationship with members of the domestic Corporate & Global product teams responsible for sales, engineering & cost planning / management

QUALIFICATIONS:

  • Bachelor’s Degree or above in a financial or technical field of study.

  • Minimum 5 years of experience related to the areas of cost accounting, or engineering cost control & price estimation is required. 

  • Cost accounting, engineering standards costing or product cost estimation experience in a manufacturing environment preferred

  • Strong cost management systems application usage and excellent analytical skills. Cost management systems programming / maintenance capability is a plus

  • Advanced Excel skills, along with good working knowledge of PowerPoint, Project and other programs in the Microsoft Office suite of products.

  • Ability to plan, organizes, and effectively communicates to and within all levels of management and program cross-functional teams

  • Experience with NPV calculations, breakeven analysis, profit forecasting

  • Experience with reading / understanding technical documents, root cause analysis, process capability, cycle times and capacity planning is preferred

  • Automotive industry experience is preferred but not required.

  • Available for infrequent domestic & overseas business travel.

WORKING CONDITIONS:   

Pleasant office environment, primarily;

Moderately loud manufacturing environment, secondary.

PHYSICAL REQUIREMENTS:        

Major portion of schedule is spent sitting, using hands to keyboard, write, and handling files and documents.  Clear and distinct speaking voice and hearing clear enough for understanding are required.  Moving about facility, standing to file and some stair climbing may be required. Close vision, distance vision, peripheral vision and depth perception are required.  Lifting limited to no more than 25 lbs.

Incomplete submissions will not be considered. Since we only hire the best and want to maintain a safe and pleasant work environment for all, final candidates are subject to drug screen and background checks. Hitachi is an Equal Opportunity Employer (M/F/D/V).

Equal Opportunity Employer (EOE)-Females/Minorities/Protected Veterans/Individuals with Disabilities

If you need a reasonable accommodation to apply for a job at Hitachi, please send the nature of request and contact information to [email protected]. Queries other than accommodation requests will not be responded to.

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