BOM Cost Analyst Job at Lamons (LGC EmployeeCo., LLC)
Job Summary
This position will be responsible for the accuracy of the cost associated with bills of material (BOM) and shop routers in all product codes.
Job Duties and Responsibilities
- Development, improvement/implementation of processes associated with cost analysis of BOM’s and routings.
- Setup/maintain item codes (raw materials, semi-finished goods, finished goods) and BOM.
- Support cost accounting in reviewing cost structure.
- Will conduct time and motion studies, measuring work patterns and methods of employees & machinery with the purpose of ensuring the accuracy of costs associated with manufacturing parts and processes.
- Check BOM run rates for reasonableness and validate costs with cost accounting.
- Maintain BOMs and routings, work with plant supervisors to ensure BOMs are operationally correct and maintained.
- Tracks costs and production activities to provide insight into areas needing cost reduction and process or profit improvement
- Engage with production operators to validate run rates with time studies where necessary.
- Follow up and resolve variations in a timely manner.
- Investigate databases for inconsistencies, errors, etc. on a routine basis.
- Reviews item properties for update with production, quality, engineering, accounting/ finance, and other departments as needed.
- Support engineering change process as needed to ensure impact to part costs are accurately implemented.
- Develop and maintain basic product, manufacturing, and quality knowledge. Keep informed of new products or services and other general information.
- Offer and obtain assistance from peers or supervisor when needed. Maintain flexibility in performing other related task or functions as required or assigned.
- Ensures accurate costs associated with BOM’s Records/routings and keeps records up to date.
- Identify opportunities for cost savings. Supports implementation of cost savings measures.
- Secondary duties will include the creation, maintenance, and accuracy of BOM’s and routing for all products.
Job Specifications
Skills
High proficiency in Microsoft Office -Excel in particular- Good understanding of how the various items that contribute to cost of an item come together for a total part cost.
- Understands how activities and their cost are linked to products and processes
- Able to read, interpret, and extract relevant information from technical prints and specifications.
- Strong analytical and problem-solving skills
- Excellent verbal and written communication skills
- Capability to multitask and work with tight deadlines
- Excellent organizational skills and attention to detail
- Strong analytical and problem-solving skills
- Must have strong mathematical skills
Education
High school diploma or equivalent required.- Associates degree in finance or cost accounting preferred.
- Bachelor’s degree in finance or cost accounting a plus.
Work Experience
2-5 years’ experience in a manufacturing environment with experience in the application of time studies and part cost roll up.
Physical Requirements
Prolonged periods of sitting at a desk and working on a computer.- Must be able to lift up to 15 pounds at a time.
q9ivzTXxWH
Please Note :
apexdining.ca is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, apexdining.ca provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, Site.com is the ideal place to find your next job.