B. Braun

Senior Cost Analyst

Job Locations US-CA-Irvine
Requisition ID
B. Braun Medical Inc
# of Openings
Position Type
Regular Full-Time
M-F; 8am - 5pm
Irvine, CA


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 64,000 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.


Position Summary:


The Sr 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 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 Sr Cost Analyst will deliver reliable and timely data as a basis for 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.
  • Compares actual costs to historical or projected costs and reports on variance.  
  • Provides cost related data in support of business decisions or for use in financial reporting.  
  • May participate in or oversee regular inventory cycle counts.
  • Tests and identifies opportunities for cost savings and tracks monthly 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.
  • Develop annual expense plan for assigned area and updates SAP accordingly.
  • Completes capacity planning analysis for various product lines to determine machine output and personnel requirements to be used in completing the annual 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.
  • 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.
  • Develops queries to extract information from SAP.


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


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.
  • Advanced Microsoft Excel and Powerpoint is required.  Most be able to create complex formulas, macros, and presentations.


Preferred Requirements:

  • Experience working in a Manufacturing environment.


Expertise: Qualifications -Education/Experience/Training/Etc



  • 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.





Additional Information

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


  • 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


What We Offer

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.


Equal Opportunity Employer Veterans/Disabled


Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
Share on your newsfeed

Need help finding the right job?

We can recommend jobs specifically for you! Click here to get started.