Senior Inventory and Product Cost Analyst

Smiths Detection is a global leader in detection and screening technologies for the protection of people and assets, supporting safety, security and freedom of movement in today’s world.

At Smiths Group plc, we apply leading-edge technology to design, manufacture and deliver market-leading innovative solutions that meet our customers' evolving needs, and touch the lives of millions of people every day. We are a FTSE100, global business of around 14,600 colleagues, based in 50 countries. Our solutions have a real impact on lives across the planet, enabling industry, improving healthcare, enhancing security, advancing connectivity and supporting new homes. Our products and services are often critical to our customers’ operations, while our proprietary technology and high service levels help create competitive advantage. We welcome colleagues with a curious mind, who are happy with responsibility, enjoy a challenge and are attracted by the idea of working at a business with an almost 170-year history of innovation, and five global divisions, all experts in their field. We believe that different perspectives and backgrounds are what make a company flourish and are proud to be a company with values grounded in integrity, respect, ownership, customer focus, and passion.

The senior cost analyst position validates the existence of and correct valuation of the inventory accounts for the local component of the US balance sheet. This is accomplished by researching local transactions as recorded in the business system, verifying accuracy by discussing the nature of transactions with materials managements and operations personnel and reporting findings to the Manufacturing Accountant. Additionally, this position is responsible to accumulate, analyze and report on Operational Performance metrics for the US businesses.

Job duties to include but are not limited to;

• Assist with the annual standard cost roll of 1,500+ end item products across all US entities by providing input based on local specifics and known exceptional issues.
• Assist with the appropriate valuation of local inventory records in the US database.
• Organizes the annual physical inventory process at year, hosting the KPMG external auditors and reporting out the final results.
• Responds to the SAP material creation and extension process by entering correct values in the data fields that are relevant for finance.
• Monitor and report on local inventory balances by program /product to include movement trends, turns analysis composition of stock for all raw, work in process, finished goods consignment and demo stock as well as stock in transit.
• Monitor ongoing local cycle counting count results ensuring accuracy and completeness with the intent to eliminate the annual physical count process. Conduct periodic test counts and document results.
• Assist with the analysis of local inventory provisions, in accordance with established division policy, by evaluating balances against future firm and forecasted demand along with historical usage trends and inventory aging.
• Assist with the completion of routine service activity reports for local service activity using system information and the assistance of other site service personnel
• Assist with all Internal and External audit requests.
• Cultivate a working relationship with the local operations and materials management staff so that there is constant communication shared between the groups resulting in correct transactions and an improvement in the integrity of the transactions in the business system.
• Assist and prepare other Ad Hoc analyses as required.
• Must comply with all applicable U.S. export and security regulations.
• Other duties may be assigned.

Education: Bachelor’s degree in Accounting, Finance, or a related field required. Prefer MBA or advanced accounting degree.

Experience: 3 or more years of experience in a manufacturing job cost environment.

Technical Knowledge, Skills and Abilities:

• Results oriented, inquisitive person motivated to own processes, see what needs to be improved and coordinate appropriate actions through to completions.
• Must be accustomed to meeting reporting deadlines.
• Basic understanding of the production process and Material Requirements Planning.
• Experience with advanced Excel, basic MS Windows, Word and SAP desired. DoD experience helpful but not mandatory.
• Standard Cost systems including variance analsys
• Product Costed Bill of Materials
• Material Labor and Overhead calcuations
• Strong communication skills with Sourcing, Supply Chain and Factory Supervisors

Background:                

This position may require Sensitive Security Information (SSI) access and vetting via the TSA. If required, applicant must successfully pass a federal background investigation. This position may require a U.S. Personal Security Clearance.

SDI is a Federal Contractor and a drug-free workplace. By submitting an application, I confirm that I understand that the Company has a right to require me to submit to a drug test prior to employment and at any time during my employment, to the extent permitted by law.

We offer…

Join us and we’ll help build your career, with excellent training and opportunities for career growth across the business, both locally and globally. You’ll experience an inclusive environment, with strong leadership and a focus on safety and wellbeing. You’ll also have the flexibility to choose from a wide range of benefits to suit your lifestyle, offering you and your family support from a health and wellbeing, financial and lifestyle perspective.

Join us and work for a world-leader, with the benefits and training to reward your dedication and skills. Be part of a team where we are making the world a safer place.

The compensation for this position ranges from $55,140.00 - $128,660.00/yr and will vary depending on factors such as your location, skills, job-related knowledge, and experience. The compensation package may also include incentive compensation opportunities in the form of discretionary annual bonus or commissions. Smiths Detection provides comprehensive benefits including healthcare, 401K savings plan, company holidays, vacation, sick time, parental leave and an employee assistance program. Eligibility requirements apply.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, protected veteran status, disability, or any other legally protected characteristic.

If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application, please e-mail [email protected] or call toll-free 877-703-1029. This email and phone number is created exclusively to assist disabled job seekers whose disability prevents them from being able to apply online. Only messages left for this purpose will be returned. Messages left for other purposes, such as following up on an application or technical issues not related to a disability, will not receive a response. Smiths Detection participates in the Electronic Employment Verification Program.

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We believe that different perspectives and backgrounds are what make a company flourish. All qualified applicants will receive equal consideration for employment regardless of color, religion, sex, sexual orientation, gender identity, national origin, economic status, disability, age, or any other legally protected characteristics. We are proud to be an inclusive company with values grounded in equality and ethics, where we celebrate, support, and embrace diversity.

At no time during the hiring process will Smiths Group, nor any of our recruitment partners ever request payment to enable participation – including, but not limited to, interviews or testing. Avoid fraudulent requests by applying jobs directly through our career’s website (Careers - Smiths Group plc)