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Job Description:
Product Costing Senior Analyst responsibilities will include, but not limited to the following:
- Perform daily product costing to ensure that all materials will be active within the day
- Analyze data collected and recording results.
- Analyze actual costs and re-costing materials for correct standard price.
- Determine standard costs and investigate variances with actual costs
- Make estimates of new and proposed product costs.
- Provide stakeholders with report for the actual cost estimates.
- Address complex issues and queries received from local team
- Attend and resolve the complex and high analysis required tickets / requests received related to product costing
- Lead Annual Costing with collaboration with GPL, Local finance
- Provide guidance to analysts as 1st level of support
- Prepare reports and analysis of the volume of costing requests received and issues / errors encountered
- Establish an excellent working relationship with stakeholders
- Ensure the performance meets SLA/ KPIs and continuously improve productivity and service quality
- Support other activities necessary to achieve the organization's objectives of business transformation
- Ensure compliance to 3M Financial Standards, SOX and other regulations
- Engage in ad-hoc activities such as internal/external audit, tax audit, etc.
- Participate in related projects, e.g. accounting centralization initiatives, Lean Six Sigma projects, etc.
Basic Qualifications:
- Accounting or Finance-related degree. Solid financial accounting and internal control knowledge are required
- Experience in inventory or product costing process is preferred ( 3 years to 5 years)
- CPA or equivalent qualification is a plus
- Experience in Shared Service Center for multinational corporation is preferred
- Able to communicate effectively with different stakeholders in the organization
- Working knowledge of SAP is an advantage
Skills:
- Ability to learn accounting systems quickly (SAP etc)
- Flexible to handle new assignment and willingness to learn
- Cross-functional and cultural communication skills
- Detailed-oriented and enjoys working with operational processes
- Service and quality-oriented mindset
- Structured approach to effectively and efficiently plan own workload
- Able to perform tasks with minimal supervision.
- Team-oriented
- Proficient in Microsoft applications particularly Microsoft Excel
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