Inventory Cost Analyst - Paulson
Temecula, CA
Full Time
Mid Level
Founded in 1947, Paulson Mfg. has become synonymous with quality, comfort, innovation, and above all, a level of protection that is second-to-none. We are a leading provider of high quality, dependable safety products for industrial workers & first responders that surpass today’s most rigorous safety standards. We strive to offer superior PPE gear that’s specifically engineered for dangerous, front line electrical and industrial services.
The Inventory Cost Analyst is responsible for ensuring the accuracy and integrity of product costs and inventory valuation. This position works collaboratively with multiple business functions, including Supplier Management, Logistics, IT, Quality Management and Production / Manufacturing. On an overall basis, in a relatively complex, injection molding manufacturing environment, the Inventory Analyst maintains highly accurate costing for products in the ERP system, from Raw Materials to Finished Goods.
This is a full time exempt position reporting to the Accounting Manager at NSA's Paulson facility in Temecula, California
In this position, you will:
Education and/or Experience:
Additional Information:
Key Competencies: Self-motivated and results driven, strong organizational and communication skills, attention to detail, analytical thinking and problem-solving, ability to multi-task, high degree of integrity and confidentiality, initiative with decision making, teamwork and cooperation
Physical Requirements: Long periods of sitting or standing at an individual work station, heavy computer work
Travel: approximately 0-5%
Working Conditions: Temperature-regulated office environment as well as time on production floor and in warehouses.
EEO Statement: Paulson Manufacturing provides equal employment opportunities for all persons regardless of race, color, religion, sex, national origin, handicap, disability, ancestry, age, veteran status, marital status, sexual orientation or any other protected group status as defined by law.
With over 70 years of experience in the industry, we’ve built a legacy in designing and building top quality PPE solutions that have earned the trust and confidence of countless workers in the field today. We’ve helped countless industries, from electrical to military, develop PPE that offers optimal protection and longevity for their staff. We take pride in our work and believe that our focus on quality is vital to saving lives.
If you are interested in joining a high quality team that cares about its customers and employees, look no further. Apply today!
The Inventory Cost Analyst is responsible for ensuring the accuracy and integrity of product costs and inventory valuation. This position works collaboratively with multiple business functions, including Supplier Management, Logistics, IT, Quality Management and Production / Manufacturing. On an overall basis, in a relatively complex, injection molding manufacturing environment, the Inventory Analyst maintains highly accurate costing for products in the ERP system, from Raw Materials to Finished Goods.
This is a full time exempt position reporting to the Accounting Manager at NSA's Paulson facility in Temecula, California
In this position, you will:
- Work closely with Supply Chain, R&D and Operations to ensure accurate Raw Material costs utilized in system, and that proper quantities are utilized in Bills of Materials.
- Work closely with cross-functional teams to ensure that proper adjustments are made to both costs and quantities if there are changes from suppliers or adjustments made by R&D. Monitor impact of changes on current inventories and roll costs if necessary.
- Work closely with R&D and Operations to ensure that Bills of Materials and Bills of Operations for all products, including components and Finished Goods contains accurate costs in terms of both labor and overhead. This will include collaboration with Operations on ensuring that labor hours and machine hours in the BOMs and BOOs are correct, and that any changes over time are captured. Monitor impact of changes on current inventories and roll costs if necessary.
- Collaborate with Operations and Sales to determine proper manufacturing quantities (EOQ) to be used to set standard costs for both components and finished goods so that there is a single agreed upon “version of the truth” within the business.
- Work closely with Accounting and Operations team to develop professional variance analysis tools to properly identify and investigate root causes of standard versus actual cost variances on shop orders, developing and implementing solutions to reduce or eliminate variances. One main area of variances to capture will be due to production runs differing from EOQ.
- Identify any purchase price variance that arises and collaborate with Supply Chain to adjust Raw Material standards if necessary.
- Gain high level of knowledge of transaction level flow through the ERP system, and collaborate with Accounting and Operations to identify and fix any issues with errant transactions, WIP balances that are off (i.e. debit balances), or other balances in financial statements that do not align properly.
- Perform regular analysis of gross margins on sales to identify outliers that could indicate issues with actual or standard costs in the system, or transaction level issues.
- Assist with cycle-count / physical inventory process
- Perform various special projects and cost analysis as required to support Operations, R&D, Supply Chain and Accounting departments
- Support and back-up the Accounting Team as needed
Education and/or Experience:
- Education & Certifications: Bachelor’s degree in Accounting or related field
- Demonstrated strong understanding of inventory valuation methods and ability to reconcile and research inventory changes and variances.
- Demonstrated proficiency with Microsoft Excel
- Costing Experience in a complex product environment a plus
- Excellent written and verbal communication skills
- Demonstrated ability to influence and build relationships across all levels of the company.
- Experience with SAP a plus
- Demonstrated success working with and through cross-functional teams
Additional Information:
Key Competencies: Self-motivated and results driven, strong organizational and communication skills, attention to detail, analytical thinking and problem-solving, ability to multi-task, high degree of integrity and confidentiality, initiative with decision making, teamwork and cooperation
Physical Requirements: Long periods of sitting or standing at an individual work station, heavy computer work
Travel: approximately 0-5%
Working Conditions: Temperature-regulated office environment as well as time on production floor and in warehouses.
EEO Statement: Paulson Manufacturing provides equal employment opportunities for all persons regardless of race, color, religion, sex, national origin, handicap, disability, ancestry, age, veteran status, marital status, sexual orientation or any other protected group status as defined by law.
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