Lovejoy Senior Cost Analyst
Company: The Timken Company
Location: Downers Grove
Posted on: March 17, 2023
Lovejoy, a business in the Timken family of brands, is hiring a
senior cost analyst. Purpose:The purpose of the position is to
support the Lovejoy controller in various closing, reporting,
inventory management, and business planning activities. This
includes daily, weekly, and monthly forecasting, budgeting, and
reporting activities, as well as analysis of variances and their
causes. Evaluations and recommendations are reported to the Lovejoy
controller, plant management team, and Timken corporate finance, as
required. Essential Responsibilities:
- Coordinate plant efforts for labor reporting, scrap and
inventory reporting activities
- Assist in developing and maintaining annual budgets and product
cost standards for plant product lines and part numbers.
- Assist in cost savings studies to support continuous
- Assist Lovejoy controller in daily, weekly, and monthly
financial accounting closing processes.
- Provide cost information to processing departments, as
- Produce monthly reports for Lovejoy controller, plant
management, and corporate requirements.
- Work with plant personnel to correct and analyze errors and
- Work independently to complete tasks and communicate results,
- Complete other duties as assigned. Technical/Functional Skills:
- Demonstrated ability to lead efforts to yield accurate cost
analysis and operational accounting
- Advanced MS Office skills: Excel, Access & PowerPoint
- Minimum of 2 years of SAP experience is required
- Ability to team with cross-functional team members and gain
their cooperation to yield desired results, as well as an ability
to work independently
- Project management skills Basic Qualifications:
- Bachelor's degree in accounting or finance is required;
Master's degree is preferred
- Minimum of 2 years of costing experience is required
- Minimum of 5 years of experience in general accounting and
finance, or FPNA is preferred
- CPA is preferred All qualified applicants shall be treated
equally according to their individual qualifications, abilities,
experiences and other employment standards. There will be no
discrimination due to gender or gender identity, race, religion,
color, national origin, ancestry, age, disability, sexual
orientation, veteran/military status or any other basis protected
by applicable law.
Keywords: The Timken Company, Downers Grove , Lovejoy Senior Cost Analyst, Professions , Downers Grove, Illinois
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