Cost Accounting Financial Analyst

General Summary

Responsible for the ongoing analysis of inventory-related project costs, loss analysis, and tracing inventory costs back to underlying activities. Analyst constructs and monitors various cost-effective data accumulation systems needed to provide an appropriate level of costing information to management, as well as serves as a liaison to internal and external customers.

Essential Duties and Responsibilities

• Responsible for the accurate and timely creation of ad-hoc and periodic inventory reports, including development and compilation of monthly OS&D and Key-In adjustment, and physical inventory reports.
• Proactively participate in the monthly closing process, collaborate with relevant departments to ensure smooth completion of the Material Management closing, and demonstrate understanding and execution of Product Cost closing and Profitability Analysis closing steps, including preparation of related reports.
• As the organizer of the Profit Improvement Meeting, responsible for timely collection of data and evaluating the relevance and quality of submitted ideas in reports. Additionally, verify whether the approved ideas have been properly implemented.
• • Compile and analyze cost data for inventory-related scrap, obsolete, and adjustment system entries. Develop and maintain policies relating to these functions, ensuring departmental compliance and awareness of proper procedures for approval levels and system entries.
• Analyze monthly blocked stock trends and monthly slow-moving inventory trends, prepare management summaries, and perform necessary updates. Conduct in-depth quarterly analyses.
• Coordinate departmental physical inventory counts and cycle count observations, ensuring adherence to departmental and common procedures, and investigating discrepancies and resolving issues. Work with material review board to identify, locate, and dispose of obsolete inventory. Assist in development and maintenance of policies relating to obsolescence, inventory adjustments, Powers of Delegation, and other inventory-related topics.
• Year-end Physical Inventory: Coordinate plant-wide year-end physical inventory, acting as external auditor primary contact. Requires coordination and communication with internal and external parties, relating to planning, scheduling, scope, and results of audit.
• Create ad hoc reports as needed for KIA GEORGIA (Kia Motors Manufacturing Georgia) and KMC (Kia Motors Corporation) management.
• Provide departmental guidance for determination of cost center, general ledger, and movement types, relating to routine and to exceptional inventory movements (i.e., 3rd party sales, non-routine scrap, etc.).

The above typical duties are characteristic of this job and demonstrate a level of difficulty and are not intended to list or limit the duties that may be required or assigned to a team member in this classification.

Qualifications & Job Requirements

• Bachelor's degree in Finance, Accounting, or related field along with Zero(0) to five (5) years of progressive experience in the Cost Accounting and Inventory Controlin a manufacturing environment preferably within the automotive industry, or an equivalent combination of education and experience.
• Ability to comprehend and comply with general divisional policies and procedures in conducting day-to-day accounting and administrative responsibilities.
• Experience utilizing an Enterprise Resource Planning (ERP) system; SAP experience preferred.
• General knowledge of Accounting and Finance principles and methods.
• Requires strong analytical skills and flexible thinking to promptly respond to ad hoc financial data requests from management.
• Skill in summarizing collected and analyzed data and presenting it in a clear, visually organized report that enables top management to easily understand and make timely decisions.
• Ability to exercise independent judgment and discretion in both exercising company decisions and carrying out essential job duties that affect efficient business operations and its objectives, policies, practices, and conditions.

Reasonable accommodations may be made to those who are able to perform the essential duties of the job.

Specialized Skills and Knowledge Required

• Strong Microsoft Excel Skills (Lookup, Calculation & Aggregation, and Data Analysis Tools) and PowerPoint, ,
• Prior ERP experience preferred (SAP, , etc.).
• Experience with inventory control, , or material control.
• Flexibility to work outside of scheduled working hours.