Youngstown, OH, 44507, USA
1 day ago
Cost and Inventory Analyst
Description We are in the process of recruiting a Cost and Inventory Analyst to join our team in the manufacturing industry based in YOUNGSTOWN, Ohio, United States. The role of a Cost and Inventory Analyst involves maintaining accurate cost and inventory data, conducting cost analysis, and supporting strategic business decisions. Responsibilities: · Planning, Studying, and collecting data to determine costs of business activity such as raw material purchases, assembly costs and intercompany transfers · Analyzing changes in product design, raw materials, manufacturing methods or services provided, to determine effects on cost · Lead the monthly financial inventory closing - journal entries, variance analyses, account reconciliations, etc. · Manage inventory levels, perform inventory audit checks, cycle counts and related inventory adjustments reporting. · Review, investigate and explain purchasing variances on a routine basis · Prepare audit reports and analysis for external auditors on inventories · Monitor excess and obsolete inventories and non-conforming materials · Process tracking of material flow in and out of Hynes facilities · Providing management with reports specifying and comparing factors affecting prices and profitability of products or services · Maintaining Cost and Inventory Accounting System and its integrity · Daily, weekly batch processing and monthly period end close · Conducts physical inventory counts and responsible for final valuation. Monitors cycle count program and investigates variances · Review average costs and actual costs for inaccuracies · Analyze and report profit margins and volume mix analysis · Responsible for Balance Sheet inventory accounts · Identify and recommend cost-effective solutions · Reviews cost estimates of existing, new, and proposed products as developed by our commercial team to validate appropriate pricing and profitability. · Performs in-depth analysis on monthly variances and prepare bridges to budget, forecast and/or prior year · Prepare balance sheet budgets and forecasts for inventory · Support Accounting and Operations as requested Requirements · Must have advanced experience with Microsoft Excel and PowerPoint · Strong verbal and written communication skills · Highest standards of accuracy and precision; highly organized · Strong interpersonal, supervisory and customer service skills required · Ability to multi-task, work under pressure and meet deadlines required · Experience with Sage 300 and MiSys shop floor desirable · Work experience in a lean business environment is highly desirable · Power BI experience desirable · ERP and systems implementation experience desirable Robert Half is the world’s first and largest specialized talent solutions firm that connects highly qualified job seekers to opportunities at great companies. We offer contract, temporary and permanent placement solutions for finance and accounting, technology, marketing and creative, legal, and administrative and customer support roles. Robert Half works to put you in the best position to succeed. We provide access to top jobs, competitive compensation and benefits, and free online training. Stay on top of every opportunity - whenever you choose - even on the go. Download the Robert Half app (https://www.roberthalf.com/us/en/mobile-app) and get 1-tap apply, notifications of AI-matched jobs, and much more. All applicants applying for U.S. job openings must be legally authorized to work in the United States. Benefits are available to contract/temporary professionals, including medical, vision, dental, and life and disability insurance. Hired contract/temporary professionals are also eligible to enroll in our company 401(k) plan. Visit roberthalf.gobenefits.net for more information. © 2025 Robert Half. An Equal Opportunity Employer. M/F/Disability/Veterans. By clicking “Apply Now,” you’re agreeing to Robert Half’s Terms of Use (https://www.roberthalf.com/us/en/terms) .
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