Product Costing Senior Analyst

Posted 25 Days Ago
Be an Early Applicant
Taguig, Southern Manila District, National Capital Region, PHL
In-Office
Junior
Automotive • Hardware • Other • Energy • Industrial
The Role
The Product Costing Analyst will handle inventory costing, variance analysis, costing simulations, and ensure compliance with financial standards. This role involves communication with stakeholders and supporting business transformation.
Summary Generated by Built In
3M has a long-standing reputation as a company committed to innovation. We provide the freedom to explore and encourage curiosity and creativity. We gain new insight from diverse thinking, and take risks on new ideas. Here, you can apply your talent in bold ways that matter.

Job Description:

Product Costing Senior Analyst responsibilities will include, but not limited to the following:

  • Perform daily product costing to ensure that all materials will be active within the day
  • Analyze data collected and recording results.
  • Analyze actual costs and re-costing materials for correct standard price.
  • Determine standard costs and investigate variances with actual costs
  • Make estimates of new and proposed product costs.
  • Provide stakeholders with report for the actual cost estimates.
  • Address complex issues and queries received from local team
  • Attend and resolve the complex and high analysis required tickets / requests received related to product costing
  • Lead Annual Costing with collaboration with GPL, Local finance
  • Provide guidance to analysts as 1st level of support
  • Prepare reports and analysis of the volume of costing requests received and issues / errors encountered
  • Establish an excellent working relationship with stakeholders
  • Ensure the performance meets SLA/ KPIs and continuously improve productivity and service quality
  • Support other activities necessary to achieve the organization’s objectives of business transformation
  • Ensure compliance to 3M Financial Standards, SOX and other regulations
  • Engage in ad-hoc activities such as internal/external audit, tax audit, etc.
  • Participate in related projects, e.g. accounting centralization initiatives, Lean Six Sigma projects, etc.

 

Basic Qualifications:

  • Accounting or Finance-related degree. Solid financial accounting and internal control knowledge are required
  • Experience in inventory or product costing process is preferred (> 3 years to 5 years)
  • CPA or equivalent qualification is a plus
  • Experience in Shared Service Center for multinational corporation is preferred
  • Able to communicate effectively with different stakeholders in the organization
  • Working knowledge of SAP is an advantage

 

Skills:

  • Ability to learn accounting systems quickly (SAP etc)
  • Flexible to handle new assignment and willingness to learn
  • Cross-functional and cultural communication skills
  • Detailed-oriented and enjoys working with operational processes
  • Service and quality-oriented mindset
  • Structured approach to effectively and efficiently plan own workload
  • Able to perform tasks with minimal supervision.
  • Team-oriented
  • Proficient in Microsoft applications particularly Microsoft Excel

Learn more about 3M’s creative solutions to the world’s problems at www.3M.com or on Instagram, Facebook, and LinkedIn @3M.

Safety is a core value at 3M. All employees are expected to contribute to a strong Environmental Health and Safety (EHS) culture by following safety policies, identifying hazards, and engaging in continuous improvement.

Please note: your application may not be considered if you do not provide your education and work history, either by: 1) uploading a resume, or 2) entering the information into the application fields directly.

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Skills Required

  • Accounting degree and working experience in Finance and Accounting area.
  • Minimum 2 years of experience
  • Experience in Material Master Data and knowledge for standard costing
  • Working knowledge of SAP
  • Experience in Shared Service Center for multi-national organization
  • CPA or equivalent qualification
  • Fluent in English
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The Company
64,670 Employees
Year Founded: 1902

What We Do

3M operates as a diversified technology company, manufacturing more than 55,000 products, including adhesives, laminates, and many more. 3M touches virtually every part of your life. Our people and technology make the impossible, possible. Every day we apply our science to enhance people’s lives. This is 3M Science. Applied to Life.™

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