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Cost Account Analyst
Cost Account AnalystChampionX • Houston, TX, US
Cost Account Analyst

Cost Account Analyst

ChampionX • Houston, TX, US
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Cost Account Analyst

ChampionX has an immediate opening for a Cost Account Analyst located in Houston, TX. This is your opportunity to join a growing company offering a competitive base pay and benefits.

What's in it For You :

  • The ability to make an impact and shape your career with a company that is passionate about growth
  • The support of an organization that believes it is vital to include and engage diverse people, perspectives, and ideas to achieve our best
  • Thrive in a company that values sustainability, drives a safety-focused culture and empowers its employees through continuous improvement
  • The chance to Improve Lives in our community with regular outreach and volunteerism opportunities
  • The chance to join a learning and problem-solving culture
  • Comprehensive benefits package starting day 1 of employment- medical, dental, vision, matching 401k, company paid life and disability insurance, health savings account with company provided funds, paid vacation & personal time and so much more!

What You Will Do :

  • Ensure accuracy of product costs including Bill of Materials (BOMs), routings, labor rates, etc.
  • Analyze variances to standard cost; i.e. : purchase price, material usage, labor rate and usage and report findings to management team in various report formats
  • Work with management to complete financial analysis for various manufacturing investment scenarios, including comparison between different machines, equipment, and processing
  • Maintain the standard cost system to generate accurate product costs / inventory values and meaningful variance analysis. Understand the reason for the cost change and obtain authorization for cost changes
  • Design and develop plant reporting, analyze manufacturing cost, examine financial and operational data and provide recommendations to Management
  • Participate and lead review discussions with plant management in regularly scheduled meetings
  • Put in place a system of controls to safeguard plant assets that reduce the chance of recording incorrect financial information
  • Provide assistance in the development of budgets, manufacturing standards, and financial forecasts
  • Review existing and develop new budgeting requirements for the manufacturing facilities
  • Conduct profitability analysis, and review results with key plant staff
  • Perform financial analysis and develop strategic and process initiatives with minimal supervision and guidance
  • Provide Variable Cost productivity trackers with corresponding analysis
  • Participate in annual physical inventory

    • Position Details :

  • Candidate must reside in Houston, TX or surrounding areas
  • Work week : Monday through Friday, 8AM to 5PM
  • Work from Home Option : One day per week Tuesday through Thursday
  • Work environment : front office cubicle in manufacturing facility
  • Compensation package offered : competitive salary and bonus program
  • New hire training provided including onboarding, new employee orientation, etc.
  • Required PPE provided

    • Minimum Qualifications :

  • Bachelor's Degree in Finance, Engineering, Accounting or related field.
  • 3-5 years of work experience
  • Experience in a manufactory or factory environment
  • Experience with financial analysis, forecasting and financial reporting
  • Inventory and Cost management experience
  • Strong analytical and problem-solving skills.
  • Personal skills and team player.
  • Quick learner of complex ERP system; Oracle experience a plus
  • Immigration sponsorship not offered for this role

    • Physical Demands :

  • Minimal climbing stairs, collating / filing, dialing, standing, and walking up to 10%
  • Constant use of keyboard and mouse, viewing of a computer monitor, sitting, seeing, hearing, writing and speaking greater than 66%
  • Occasional travel by land and air for training may be required less than 10%
  • Exposure to typical manufacturing noise may occur, PPE is required and provided.

    • About ChampionX :

    ChampionX is a global leader in providing chemistry programs and services, drilling technology, artificial lift solutions, and automation technologies for the upstream and midstream oil and gas industry. Our world-class safety culture fuels our purpose to improve lives through our commitment to deliver sustainable operation.

    Our Commitment to Diversity and Inclusion :

    At ChampionX, we believe the best teams are diverse and inclusive, and we are on a journey to create a workplace where every employee can grow and achieve their best. We are committed to fair and equal treatment of employees and applicants. We recruit, hire, promote, transfer and provide opportunities for advancement on the basis of individual qualifications and job performance. In all matters affecting employment, compensation, benefits, working conditions, and opportunities for advancement, we will not discriminate against any employee or applicant for employment because of race, religion, color, creed, national origin, citizenship status, sex, sexual orientation, gender identity and expressions, genetic information, marital status, age, disability, or status as a covered veteran.

    In addition, we are committed to furthering the principles of Equal Employment Opportunity (EEO) through Affirmative Action (AA). Our goal is to fully utilize minority, female, disabled and covered veteran individuals at all levels of the workforce.

    We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws.

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    Cost Analyst • Houston, TX, US