Dover Precision Components is hiring a Cost Analyst. We design, manufacture, and deliver performance-critical solutions for rotating and reciprocating machinery across the oil & gas, power generation, marine, industrial, chemical and general processing markets. We are an innovative and diversified company with a reputation for growth and stability.
We offer competitive pay and benefits, career advancement opportunities, and a hybrid-remote work schedule (typically 3 days a week onsite). The office location is flexible as we have three Houston area locations: Rosenberg, Pearland, or The Woodlands.
WHAT YOU’LL DO
In this role, you will partner with plant management to drive cost efficiencies and improve profitability while determining and implementing cost accounting procedures and methods. You will prepare and analyze cost reports and inventory accounts. You will examine and review cost records and ensure cost data is allocated correctly. Specific responsibilities include:
- Partner with Sales, Operations and Engineering to understand the Bill of Materials structure across the various business units and ensure accuracy of the cost structures.
- Work with sites to review product profitability through detailed trend analysis.
- Support Finance Managers in preparation of annual budgets with trend reviews.
- Work closely with Sales on any high value or high complexity quoting jobs to ensure maximum visibility to profitability.
- Work closely with Site Finance Managers to support high volume businesses to understand trends impacting any KPI’s.
- Report on price realization across various business units vs budget.
- Work closely with Supply Chain teams and Finance to understand inflationary pressures on raw materials that will impact pricing decisions.
- Report on labor utilization metrics to drive maximum overhead absorption at the manufacturing sites
- Work closely with Finance Managers on rationalizing the site labor and overhead rates and preparation of annual reviews and updates.
- Support manufacturing sites with management of standard costing.
- Review of site Purchase Price Variance reports, working with Finance Managers to ensure variances are understood and accounted for accurately.
- Ascertain plant assets are properly accounted for and safeguarded from loss including participating in annual physical inventory and fixed asset inventory.
- Assist the department and business operations with continuous improvement programs.
- Verify estimated and actual productivity cost savings metrics for the operations.
- Assist in review of capital expenditure justification and payback analysis.
WHAT YOU’LL BRING
- Undergraduate degree in Accounting, Finance, or related field required.
- 4+ years of experience in cost accounting, cost analysis, and/or manufacturing plant profitability reporting and analysis.
- Ability to troubleshoot and resolve complex accounting issues, acting as a leader in producing accounting policies and procedures. Ability to define problems, collect data, establish facts, and draw valid conclusions.
- Fluency and proficiency in the practical application of cost accounting principles and intermediate level GAAP accounting principles.
- Excellent verbal and written communication skills, demonstrating strong collaboration skills cross-functionally and with multiple locations. Ability to effectively interact organizationally upwards, peer to peer, and in a management capacity.
- Strong proficiency in ERPs, MS Excel and Office.
- Strong analytical, statistical analysis, and math skills.
ALSO GREAT IF YOU BRING/ PREFERENCES
- CMA or CPA preferred.
- Industry experience with engineered, manufactured precision components.
- Demonstrated experience in leading change initiatives.
- Syteline, JD Edwards, and Power BI experience pluses.
DOVER PRECISION COMPONENTS
Dover Precision Components ‘DPC’ (‘the Company’) is part of Dover Corporation’s (the Parent Company’) Pumps and Process solutions segment. DPC holds market leading positions globally and delivers performance-critical solutions across the oil & gas, power generation, marine, industrial, chemical and general processing markets. We design and manufacture mission-critical equipment components to deliver more affordable, cleaner energy solutions and enable manufacturers to operate more efficiently.
$8.5 billion Dover Corporation is a diversified global manufacturer and solutions provider headquartered in Downers Grove, Illinois. Dover is a global, stable, and growing company comprised of a forward-thinking team committed to leading the markets we serve through superior technology and operational excellence. Recognized for our entrepreneurial approach for over 65 years, our team of over 25,000 employees has an ownership mindset, collaborating with customers to redefine what is possible
WE DELIVER CUSTOMER SUCCESS
Dover Precision Components delivers products and services that enhance performance, improve safety, reduce carbon emissions, and accelerate clean energy adoption, through collaborative Customer relationships, expert engineering, and an innovative culture. Our strong Company portfolio is comprised of long products and services offered under Cook Compression, Cook Mechanical Field Services, Waukesha Bearings, Waukesha Magnetic Bearings, Inpro/Seal, Bearings Plus, and FW Murphy Production Controls. Our global footprint reaches more than twelve locations in the Americas and more than six locations in Europe and China.
BUILDING POTENTIAL. SUSTAINING PERFORMANCE. BOOSTING FUTURES.
We are diligent in recognizing our employees’ needs and providing an enriching experience through professional developmental opportunities. Our authentic, collaborative company culture, combined with a competitive suite of health and welfare offerings, emulates who we are.
We consider several job-related, non-discriminatory factors when determining the pay rate for a position, including, but not limited to, the position’s responsibilities, a candidate’s work experience, a candidate’s education/training, the position’s location, and the key skills needed for the position.
Pay is one of the Total Rewards that we provide to compensate and recognize employees for their work.
Benefits: Benefits for this position include: a 401(k) savings plan with employer contributions; medical, dental and vision insurance; wellness programs; health savings account, health care and dependent care flexible spending accounts; company paid short-term disability and long-term disability; company paid employee basic life and AD&D insurance; supplemental employee and dependent life insurance; optional accident, hospital indemnity and critical illness insurance; adoption, surrogacy, and fertility benefits and assistance; commuter benefits; parental, military, jury duty, and bereavement leaves of absence; paid time off, including business travel services; employee discounts; and an employee assistance program that includes company paid counseling sessions and legal services. Eligibility for benefits is governed by applicable plan documents and policies.
All qualified applicants will receive consideration for employment without discrimination on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age, genetic information, or any other factors prohibited by law.
Attention Applicants: If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process, please let us know. Likewise, if you are limited in the ability to access or use this online application process and need an alternative method for applying, we will determine an alternate way for you to apply. Please contact hr@doverprecision.comfor assistance with an accommodation. Kindly specify Job Requisition Number / Job Title and Location in response.
