Job Description

Responsible for applying accounting procedures to determine the standard cost of new products, analyzing and calculating manufacturing costs in accordance with company policies, as well as carrying out the annual costing process based on the Company’s needs. Provide reliable and detailed cost analysis and its impact to support management and business unit decision-making. Perform variance analysis between standard and actual costs, identify root causes, and ensure proper follow-up. Execute the month-end closing process on time and in accordance with established procedures.

  • Responsible for all standards across Avanos plants in North America, Europe, Australia, India, and Japan.
  • Assign standard cost for new products as well as for new versions of existing products, working directly with other areas involved in the process to obtain accurate and timely costing.
  • Analyze Bills of Materials (BOM) and product recipes, including routings, hourly costs, and production times, to ensure proper standard cost calculation; report and follow up on any discrepancies to prevent incorrect costing.
  • Ensure the integrity and accuracy of the standard cost database and inventory valuation.
  • Analyze average cost of raw materials and operating supplies, ensuring that changes are reasonable and tracking any variations that could financially impact product costs.
  • Maintain updated freight values for transfers between plants and distribution centers, including regional allocations.
  • Annually carry out the re-costing process for all products, identify errors and follow up on corrections to ensure accurate costing, and analyze period-to-period variances explaining root causes impacting inventory revaluation.
  • Perform weekly (PPV) and monthly (V2T) variance analyses between target and actual: material consumption, determining root causes such as price, quantity, material substitution, scrap, production hours, and expenses related to manufacturing cost.
  • Review 10% of variances in material standards.
  • Conduct impact analysis of revaluations within an established currency impact margin.

Education: Bachelor’s degree

English: Advanced level

Experience: 5 to 9 years in the field, with knowledge of SAP.