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Senior Cost Analyst

Andover, MA 01810

Posted: 04/20/2026 Employment Type: Direct Hire Industry: Accounting Job Number: 44441 Pay Rate: 105,000

Job Description


Our client, a global advanced manufacturing organization is seeking a Senior Cost Analyst to join its Operations Finance team. Reporting to the Director of Operations Finance, this role plays a key part in supporting manufacturing cost integrity, inventory valuation, financial reporting, and internal controls across production operations.

Requirements
  • Own and manage the cost accounting and cost collection processes for manufacturing operations, including process definition, implementation, and ongoing optimization
  • Establish and maintain standard costing models for manufacturing operations, including materials, labor, overhead, outside processing, and yield assumptions
  • Oversee inventory valuation and controls, including physical inventory counts and cycle count programs across internal and external manufacturing sites
  • Execute monthly financial close activities, including WIP valuation, inventory reconciliation, variance analysis, reserves, and production reporting
  • Analyze and support warranty reserves and related financial exposure assessments
  • Ensure compliance with internal control frameworks (SOX), including cycle counts, WIP audits, transaction integrity, and related controls; identify and remediate control gaps as needed
  • Prepare and deliver management reporting and financial analysis, including revenue, cost, margin, and variance reporting
  • Develop and enhance financial models and analytical tools to support operational decision-making and profitability improvement
  • Investigate and analyze manufacturing variances, identifying root causes and opportunities for cost reduction
  • Utilize ERP reporting tools (e.g., SAP or similar systems) for standard and ad-hoc financial analysis
  • Support forecasting activities, including monthly updates of actuals versus forecast and cost projections
  • Partner with cross-functional teams to support ERP system implementation and optimization initiatives
  • Continuously identify and drive process improvements in reporting, controls, and operational efficiency
  • Provide ad hoc financial analysis and support strategic decision-making across the business


Requirements
  • Bachelor’s degree in Accounting, Finance, Economics, or related field
  • 8–10+ years of progressive experience in manufacturing cost accounting or operations finance
  • Strong knowledge of process manufacturing environments, standard costing, and ERP systems
  • Experience with inventory accounting, WIP valuation, and manufacturing variance analysis
  • Proficiency with ERP systems (SAP or similar) and advanced Excel skills
  • Strong analytical, problem-solving, and communication skills
  • Ability to work independently with minimal supervision in a fast-paced environment
  • Comfortable interacting with all levels of the organization, including senior leadership
  • High attention to detail with a strong sense of ownership and accountability
  • Some regional travel may be required to support other manufacturing locations
     

Meet Your Recruiter

Ashley Dineen

Ashley Dineen has been with The Panther Group since 2009 and has worked within many areas of the company including payroll, compliance, on-boarding, recruitment, and client management.

Ashley is a mother of two and enjoys spending time with family in her spare time.

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About Andover, MA

Discover exciting job opportunities around Andover, Massachusetts, with our expert staffing assistance! Nestled in the heart of the Bay State, Andover offers a blend of historic charm and modern amenities that make it an ideal place to grow your career. With proximity to Boston and the stunning beauty of Harold Parker State Forest nearby, Andover provides a perfect balance of urban convenience and natural retreats. Explore the area's rich history at the Addison Gallery of American Art, catch a show at the Andover Historical Society or enjoy a game cheering for the New England Patriots at Gillette Stadium. Embrace a vibrant community, delectable local cuisine, and endless opportunities for professional advancement. Begin your journey to success in Andover today!