B. Braun

Sr Cost Analyst

Job Locations US-CA-Irvine
Requisition ID
2020-17112
Company
B. Braun Medical Inc
# of Openings
1
Category
Finance
Position Type
Regular Full-Time
Shift
M-F; 8am - 5pm
Site
Irvine, CA

Overview

About B. Braun 

 

B. Braun Medical Inc., a leader in infusion therapy and pain management, develops, manufactures, and markets innovative medical products and services to the healthcare industry. Other key product areas include nutrition, pharmacy admixture and compounding, ostomy and wound care, and dialysis. The company is committed to eliminating preventable treatment errors and enhancing patient, clinician and environmental safety. B. Braun Medical is headquartered in Bethlehem, Pa., and is part of the B. Braun Group of Companies in the U.S., which includes B. Braun Interventional Systems, Aesculap® and CAPS®.

 

Globally, the B. Braun Group of Companies employs more than 61,000 employees in 64 countries. Guided by its Sharing Expertise® philosophy, B. Braun continuously exchanges knowledge with customers, partners and clinicians to address the critical issues of improving care and lowering costs. To learn more about B. Braun Medical, visit www.BBraunUSA.com.

Responsibilities

Position Summary:

 

The Senior Cost Analyst in the Irvine Controlling department will partner with designated product lines and functional areas to provide financial analysis and assist functional leaders drive cost initiatives and develop financial KPI’s throughout the organization.  This position will report to the Controlling Manager and be involved in all department activities to include month-end close activities, financial reporting, developing the annual financial plan, calculating cost savings, analyzing financial and manufacturing variances, completing capacity planning analysis, recommending standard recipe and router changes, analyzing changes to our standards, reviewing requests for capital investment, completing ROI calculations, and reviewing inventory reserves.  The position is also responsible for improving current business processes using SAP functionality to support end users, resolve problems, and analyze results. All responsibilities include company-wide activities related to the analysis of actual results and the projections of future results. The Senior Cost Analyst will also work closely with the Controlling Manager to deliver reliable and timely data as basis of management’s decision.

 

Responsibilities: Essential Duties

  • Ensures accurate cost records and keeps the records up to date.  
  • Tests and identifies opportunities for cost savings.  
  • Understands how activities and their costs are linked to products, processes, and customers.  
  • Tracks monthly costs and production activity to provide insight into areas needing cost reduction and process or profit improvement.
  • Perform month-end close responsibilities to include completing and entering journal entries in SAP and completing month-end reporting to include cost center comparison schedules, key performance indicator reports, purchase price, process order, headcount and other monthly financial reporting schedules.
  • Complete account reconciliations for specific general ledger accounts.
  • Analyze monthly cost center, purchase price and process order variances and explain variances to functional area and management.
  • Analyze year over year standard cost changes.
  • Complete and analyze Product Line P&L
  • Analyze volume vs price absorption changes.
  • Review new request for capital investments and complete ROI (return on investment) calculations.
  • Track capital spending and work with project managers to develop a capital forecast.
  • Complete yearly expense plan for assigned area, enter plan information into SAP and provide explanations for year over year increases and decreases.
  • Completes capacity planning analysis for various product lines to determine the machine output and personnel requirements of each machine to be used for completing the yearly plan and standard cost roll.
  • Works with the functional areas to complete a monthly expense forecast.
  • Proposes changes to recipes, routings, and scrap rates, calculate the impact to the change, and explain quarterly increases and decreases to our standard cost.
  • Reports inventory by product line and calculate inventory ROC's.
  • Analyze inventory excess and obsolete reserves.
  • Develops plan allocations for purposes of allocating overhead costs to our standards and execute allocations monthly.
  • Develops financial models for new products and new equipment and estimate CPU for new products.
  • Calculate Units of Production Depreciation for new product line.
  • Develops queries to extract information from SAP.
  • Develops and complete Product Cost Dashboards.  It shall be the duty of every employee while at work to take reasonable care for safety and health of himself / herself and other person.

The job function listed is not exhaustive and shall also include any responsibilities as assigned by the Supervisor from time to time.

 

General:

It shall be the duty of every empoyee while at work to take reasonable care for safety and health of himself/herself and other person.

 

Expertise: Knowledge & Skills

  • Requires full working knowledge of relevant business practices and procedures in professional field. Uses standard theories, principles and concepts and integrates them to propose a course of action.
  • Work under minimal supervision. Relies on experience and judgement to plan and accomplish assigned goals. May periodically assist in orienting, training, and/or reviewing the work of peers.
  • Judgement is required in resolving complex problems based on experience.
  • Contacts are primarily with department supervisors, leads, subordinates, and peers. Occasional contact with external contractors/vendors.
  • Must have Advanced Microsoft Excel and Powerpoint skills. Must be able to create complex formulas, macros and presentations.
  • SAP knowledge is preferred.
  • BS in Accounting or Finance preferred.
  • Manufacturing experience preferred.

 

Qualifications

Expertise: Qualifications -Education/Experience/Training/Etc

 

Required:

  • Bachelor's degree required or equivalent combination of education and experience.
  • 06-08 years related experience required.
  • Regular and predictable attendance

 

While performing the duties of this job, the employee is regularly required to sit and talk or hear. The employee frequently is required to use hands to handle or feel and reach with hands and arms. The employee is occasionally required to stand and walk. The employee must occasionally lift and/or move up to 20 pounds.

 

 

B. Braun offers an excellent benefits package, which includes healthcare, a 401(k) plan, and tuition reimbursement. To learn more about B. Braun and our safety healthcare products or view a listing of our employment opportunities, please visit us on the internet at www.bbraunusa.com.

 

Through its “Sharing Expertise®” initiative, B. Braun promotes best practices for continuous improvement of healthcare products and services.

 

Other

Responsibilities: Other Duties:

 

The preceding functions have been provided as examples of the types of work performed by employees assigned to this position. To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed in this description are representative of the knowledge, skill, and/or ability required. Management reserves the right to add, modify, change or rescind the work assignments of different positions due to reasonable accommodation or other reasons.

 

Physical Demands:

While performing the duties of this job, the employee is expected to:

  • Light work - Exerting up to 20 lbs of force occasionally, and/or up to 10 pounds of force frequently, and/or a negligible amount of force constantly to move objects.

Lifting, Carrying, Pushing, Pulling and Reaching:

  • Occasionally:Reaching upward and downward, Push/pull, Stand
  • Frequently:Sit
  • Constantly:N/A

Activities:

  • Occasionally:Finger feeling, Handling, Push/pull, Reaching upward and downward, Standing
  • Frequently:Hearing - ordinary, fine distinction, loud (hearing protection required), Seeing - depth perception, color vision, field of vision/peripheral, Sitting , Talking - ordinary, loud/quick, Walking
  • Constantly:N/A

Environmental Conditions:

  • Occasionally:N/A
  • Frequently:N/A
  • Constantly:N/A

Work Environment:

 

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Noise Intensity:Low
  • Occasionally:N/A
  • Frequently:N/A
  • Constantly:Office environment

 

Notices

Equal Opportunity Employer Veterans/Disabled

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