Business Unit Controller/Analyst

Employer
Creative Financial Staffing
Location
Grand Rapids, Michigan
Posted
Apr 01, 2024
Closes
Apr 06, 2024
Ref
2741890346
Work Mode
Work from office
Hours
Full Time
Employment Type
Permanent
Organization Type
Corporate
Job Title: Business Unit Controller/Analyst with Costing Focus

Overview: We are seeking a dynamic and experienced Business Unit Controller/Analyst with a strong emphasis on costing to join our team. This role will be responsible for providing financial leadership, analysis, and cost management for a specific business unit within the organization. The ideal candidate will have a deep understanding of costing methodologies, product profitability analysis, and variance analysis. They will collaborate closely with senior management to drive business performance and make informed decisions.

Responsibilities:
  • Serve as the primary financial partner to the business unit leadership team, providing insights, analysis, and recommendations related to costing and profitability.
  • Develop and maintain cost accounting systems, processes, and models to accurately track and allocate costs across products, services, and projects.
  • Conduct regular cost analysis and identify opportunities to optimize costs, improve efficiencies, and enhance profitability.
  • Partner with operational teams to develop and maintain standard costs for products and services, ensuring accuracy and relevance.
  • Analyze product profitability and pricing strategies to maximize margins and drive revenue growth.
  • Prepare and analyze monthly, quarterly, and annual cost reports, highlighting variances and trends for management review.
  • Lead the development of annual budgets and strategic plans for the business unit, incorporating cost projections and profitability targets.
  • Monitor key performance indicators (KPIs) related to costing and profitability, providing regular updates and insights to senior management.
  • Collaborate with accounting and finance teams to ensure accurate and timely financial reporting, including cost of goods sold (COGS) and gross margin analysis.
  • Provide costing expertise and support to cross-functional teams on new product development, pricing decisions, and cost reduction initiatives.

  • Qualifications:
  • Bachelor's degree in Finance, Accounting, Economics, or related field; MBA or CPA preferred.
  • 5+ years of experience in financial analysis, costing, or business partnering roles, preferably in a manufacturing or product-oriented industry.
  • Strong understanding of costing methodologies, including standard costing, activity-based costing (ABC), and marginal costing.
  • Proficiency in cost accounting principles, techniques, and tools, with advanced Excel skills.
  • Excellent communication and interpersonal skills, with the ability to collaborate effectively across functions and levels of the organization.
  • Proven ability to analyze complex financial data, identify insights, and communicate recommendations to drive business performance.
  • Detail-oriented with a commitment to accuracy and data integrity.
  • Ability to prioritize tasks, meet deadlines, and adapt to changing priorities in a fast-paced environment.
  • Strong business acumen and strategic thinking capabilities, with a focus on driving profitability and value creation.