Cost Accounting Analyst (New Joint Venture)
3M · Monroe
Job description
About the role
The Cost Accounting Analyst will join a newly created joint venture between 3M and Bain Capital, supporting U.S. operations with a focus on cost accounting, inventory management, and operational performance. This hands‑on role offers the chance to influence financial visibility and decision‑making in a fast‑growing safety business.
Key responsibilities
- Lead cost accounting and operational performance analysis for U.S. sites, providing insights on cost drivers and profitability.
- Analyze and monitor standard costs, manufacturing and operational variances (labor, overhead, material) and drive corrective actions.
- Partner with operations leaders to improve cost control, productivity, and efficiency through data‑driven analysis.
- Manage inventory accounting processes, including cycle counts, physical inventories, obsolescence, and reserve analysis.
- Own month‑end close activities such as cost allocations, inventory valuation, and variance reporting.
- Support budgeting and forecasting, focusing on cost structures, volume assumptions, and operational drivers.
- Provide financial analysis for capital investments, cost‑savings initiatives, and continuous‑improvement projects, tracking ROI and post‑implementation results.
- Ensure compliance with internal financial policies and external regulations.
Required profile
- Bachelor’s degree in Accounting, Finance, or a related field.
- Proven experience in cost accounting and inventory management within a manufacturing environment.
- Strong analytical abilities and attention to detail.
- Ability to collaborate across functions and communicate financial insights effectively.
- Understanding of U.S. operational and regulatory requirements.
Required skills
- Cost accounting
- Inventory accounting
- Variance analysis
- Financial reporting
- Budgeting and forecasting
- ROI analysis
- Month‑end close processes
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Published 2 hours ago
Expires 1 month from now
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3M
Monroe