Costing Manager

For our location in Bucharest, Romania, we are looking for a full-time employee to start as soon as possible as a Commercial Finance Analyst.

Responsibilities

Commodity Analysis

• Interpreting and reviewing financial information to support the Global Braking Customer Pricing Strategy

  • Commodity markets

  • Purchase Price Variance (PPV)

  • Material Cost Recoveries (MCR), Utility and freight cost changes

• Coordinate with Sales, Purchasing, and the plants to ensure timely preparation of information to support the customer material cost recovery process

• Interpreting future financial trends (e.g., IHS Markit Forecast data and material cost trends)

• Reporting to management on market trends

• Prepare Market cube data for monthly and quarterly reporting.

Global Costing

• Support the standard costing process at the plants by developing an expert understanding of the Tenneco Standard Costing Policy and Process

• Validate the plant's annual standard costs by ensuring that these are based on the Full Absorption Costing principles

• Develop a method with each plant using Standard Costing Principles and the Tenneco Standard Costing Policy to accurately allocate all costs (DM, DL, VOH, FOH) to product lines and parts

• Periodically review the Process routings, runtimes, and BOM calculations at the plants.

Value Stream Simplification (VSS) – Business 80/20 Analysis

• Together with the Director, Commercial Finance, and the cross-functional VSS team, assist in coordinating the Global Value Stream Simplification program by supporting and tracking the execution of VSS activities and aggregate reports

• Analyze Revenue and Contribution Margin information by the plant using the PowerBI tool and Azure Reports (VSS, TPS3 OE Sales…)

• Perform Profitability calculations and plausibility checks

• Ad-hoc reporting and analysis

What will make you successful

• Minimum/Essential: Bachelor’s degree in Finance or economic engineering

• Minimum 3 years’ experience in Plant Costing

• Analytical and structured mindset

• Excellent communication skills in English

• Action-orientation and perseverance

• Good planning and time management skills

• Ability to communicate with senior management (previous exposure to multicultural & complex matrix environments is a plus)

• Knowledge of Microsoft PowerBI will be an advantage

• Knowledge of SAP/QAD

• Advanced knowledge in Microsoft applications

What we offer

We want to make you feel welcomed, challenged, and inspired, so we’ve carefully put together a blend of benefits meant to boost your health and well-being and ensure your personal and professional growth and integration in a pleasant day-to-day working environment.

#LI-AG