Product Cost Specialist 1

Product Cost Specialist 1

Develop accurate standard costs after reviewing specs, raw material costs, manufacturing standards, and margins for accuracy. Resultant costs used for inventory valuation, pricing, earnings, manufacturing P & L, gross margin reporting, and use as raw materials in other products.

Responsibilities

• Work with R & D, manufacturing, sales, and others as needed to develop the corporate standard costs for new manufactured styles, including estimates for products being developed and products submitted for job quotes.
• Update standard costs on a quarterly basis.
• Determine and maintain standard costs for raw materials used in manufacturing.
• Maintain costs of products bought for resale including cost of procurement.
• Maintain waste and distressed values for raw materials.
• Maintain values of off quality or distressed inventory.
• Determine accurate raw material usage standards from product specs.
• Utilize various systems to review or assign appropriate production standards and develop accurate standard costs.
• Compile and verify all input data and calculations before approving standard costs.
• Challenge any questionable inputs prior to approval such as costs for new products vs. expected margins or margin guidelines.
• Review the quarterly change comparisons verifying the accuracy of changes.
• Document and follow procedures.
• System improvements in conjunction with IS, Manufacturing, Accounting, R & D, Sales, Tax, CDS, etc.
• Reporting as needed to serve our internal customers.

Guard confidential intellectual property including but not limited to : costs, processes, procedures, systems, calculations, etc.

Basic knowledge of costing processes and systems Position.

Requirements

Preferred Skills

Talent Model Competencies

This role is a hybrid position. Applicants must be local to the surrounding area of Dalton, GA.

Work Shift : 8 Hr non-rotating shift, Hrs fall to in punch day, Observed Calendar, shift starts AM

Shaw Industries is an equal opportunity employer as to all protected groups, including protected veterans and individuals with disabilities.