Sr Contracting Cost Analyst

General Summary

The Senior Contracting Cost Analyst role will work closely with the VP of Contracting in supporting the Construction and Contracting division with a focus on collecting/analyzing data about the company’s individual job performances. This position will have a dotted line to the Operations Controller located in Raleigh, NC. This position will require the role to spend time with our operations management team, business processes, systems, and intricacies of job costing. Contracting Cost Analyst will be responsible for providing accurate, concise, and clear analytics/recommendations that support management decisions. Support will include daily, weekly and monthly operating metrics, analysis of operating costs, variances to operating plan, development of procedures designed to optimize operating efficiencies and control costs, evaluation of capital investments, analysis of opportunities for manufacturing cost and process improvement and accurate forecasting reporting back to Corporate. Additional duties include month end close with prepared financials, journal entries and analytics to ensure the business unit is on plan.

This position receives guidance with respect to general objectives. In the majority of tasks and projects assigned, the incumbent determines methods, work sequence, scheduling, and how to achieve objectives of assignments while operating within specific policy guidelines. Regular work hours are Monday to Friday 8:00am to 5:00pm. Additional hours may also be required to complete specific projects that are deadline driven. The incumbent will practice absolute confidentiality. Good judgment is required in all duties and any other tasks as assigned and directed by Senior Financial Managers and the Executive Group. Minimal overnight travel (up to 10%) may be required for training. This job description provides an overview of responsibilities and task to be performed. It is not intended to be an all-inclusive job description as needs tend to change over time.

Qualifications

To perform this job successfully, an individual must be able to perform each essential job duty and responsibility satisfactorily. The additional requirements listed below are representative of the knowledge, skill, education, experience, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Essential Duties and Responsibilities

1. Complies with all safety policies, practices, and procedures. Reports all unsafe conditions and actions to a supervisor and/or Manager Safety and Health.
2. Monitors the safety practices (including PPE) of all team members and proactively addresses deficits.
3. Maintains a clean and orderly work area and meets other housekeeping needs as required by Sunrock, MSHA 30 CFR 56.20003, and OSHA 29 CFR 1910.22.
4. Maintain, understand, document and record all facets of the cost accounting system, including cost drivers and look for efficiencies within the organization.
5. Analyze and verify costs and cost savings.
6. Work with Contracting on Bid to Win and compare performance of bids versus actual costs (How did we perform versus actual bids vs projections)
7. Analyze any changes to materials in order to determine what effect it has on the cost.
8. Analyze manufacturing costs and prepare regular reports comparing standard costs to actual production costs.
9. Make estimates of new and proposed product costs.
10. Assist in preparing the budget, forecast and month end close.
11. Responsible for maintaining contracting backlog.
12. Provide management with reports that specify and compare factors that affect prices and profitability of products or services.
13. Assist in audits and general ledger preparation.
14. Understands and reports operational statistics and metrics for major operating units.
15. Performs monthly analysis of the major drivers for operations such as labor hours and expenses, raw materials cost, repairs and maintenance, utilities and depreciation. The Cost Accountant will analyze the prior period trends and forward estimates to determine the impact on the company.
16. Provide financial expertise, including decision support and analysis for operations.
17. Becomes proficient in the customer sales pricing process and prepares customer profitability analysis on monthly, quarterly, and as needed basis. This will involve gaining a complete understanding of the company’s operating costs and the quote to cash system as it relates to the sales and financial components of the software.
18. Prepares and presents quarterly business review presentations of financial performance for management.
19. Performs capital analyses calculating the ROI, payback, and the overall impact of capital projects.
20. Works with operations personnel to assist in the preparation of budgets, capital expenditure requests, forecast revisions, and ongoing operational decision making within a financial context.
21. Plans, conducts, and reconciles the physical inventory for operations.
22. Maintains integrity of inventory costing and ensures proper inventory valuations.
23. Gains an in-depth knowledge of the company’s operating functions through periodic and regular plant, site, and/or job visits as necessary to better understand the macro picture of the company’s operations. As a result, the Cost Analyst is better able to provide relevant accounting and financial insight as needed.
24. Gains a thorough knowledge of the company’s budgeting, forecasting, and costing systems, models, and projections and provides significant input in these processes
25. Audits field and office processes to ensure efficiencies and accuracy. Recommends and undertakes process improvements as directed.
26. Assists the Corporate and Financial Controllers with technical accounting issues.
27. Participates in proactive team efforts to achieve departmental and company goals.
28. Provides leadership to others through example and sharing of knowledge/skill.
29. Performs routine month and quarter end accounting journals and reconciliations.
30. Performs other duties as assigned.

Education and/or Experience

Bachelor’s degree in accounting, finance or related field required, with a CPA or CMA certification preferred but not required. Seven (7) or more years of progressive experience in finance, accounting or related field required. Experience in a manufacturing or construction field preferred. Other combinations of education and experience may be considered.

Certificates, Licenses, Registrations

• Active North Carolina Certified Public Accountant (CPA) license or Certified Management Accountant (CMA) certificate - preferred but not required
• Current North Carolina Driver’s License required

Knowledge, Skills and Abilities Required

• Ability to read, analyze, and interpret common financial reports, financial statement, technical journals, and legal documents.
• Demonstrated use of business software including ERP systems and Microsoft Office. A strong proficiency in Microsoft Excel is a requirement.
• In-depth understanding of relational databases with a demonstrated ability to design queries and/or reports using ODBC, Crystal Reports, etc.
• Ability to prioritize, organize, and delegate assignments.
• Ability to define problems, collect data, establish facts, and draw conclusions.
• Good written and oral communication skills.
• Ability to respond to common inquiries from, and effectively present information to, management, customers, regulatory agencies, or members of the business community.
• Strong leadership, communication and demonstrated business analysis skills are critical.
• Attention to detail and ability to influence others will be needed.

Physical Demands

The physical activity level required is sedentary physical activity performing non-strenuous daily activities of an administrative nature.

Sunrock Industries is an equal opportunity employer and makes all employment decisions without regard to race, color, sex, sexual orientation, gender identity, gender expression, national origin, religion, age, disability, genetic information, veteran status, marital status, citizen status, or any other legally protected status under local, state, or federal law.