Sec

Cost Control Specialist

284 Mawsons Way Newberry, SC, USA

Sponsorship not specifiedDetected 15 days ago

Financial AnalysisAccountingForecastingBudgetingExcelSAPSupply ChainERPCommunicationGAAPIFRSInternal AuditVariance Analysis

About the role

This role is responsible for maintaining the integrity of the fixed asset register, analyzing capital expenditures, and assisting with cost control initiatives.

The specialist will provide accurate financial data to support decision-making, compliance with accounting standards, and alignment with corporate financial policies.
Support cost forecasting and budgeting activities, including identifying trends and cost-saving opportunities.
Provide financial analysis to support capital investment proposals and business cases.
Maintain and update the fixed asset register, ensuring accurate capitalization, depreciation, and disposals.
Support fixed asset audits, physical verifications, and reconciliations with operations teams.
Support compliance with internal and external audits.

Bachelor's degree in Accounting, Finance, or a related field.
2-4 years of experience in fixed asset management/cost analysis or accounting, preferably in a manufacturing environment.

Experience with cost analysis & control
Experience with fixed asset management.
Knowledge of manufacturing industry practices and workflows.
"Candidates are expected to honor their obligations to former employers.
General Notice: Candidates are expected to honor their obligations to former employers.

Proficiency in ERP systems (e.g., SAP, Oracle, Microsoft Dynamics) and fixed asset management software.
Advanced Excel skills (e.g., pivot tables, VLOOKUP, formulas).
Knowledge: In-depth understanding of GAAP/IFRS related to fixed asset accounting and depreciation.
Soft Skills:
Strong analytical skills, attention to detail, communication, organization, and ability to meet tight deadlines.
Collect, analyze, and report on cost data by cost center, department, and project.
Assist in preparing cost variance analysis (budget vs. actual) with commentary for management.
Work with operations, supply chain, and other departments to monitor cost drivers and improve efficiency.
Review and approve fixed asset purchases and ensure compliance with company policies.
Track and reconcile capital expenditures (CAPEX) against approved budgets and Work Breakdown Structure (WBS) codes.

The Cost Control Specialist supports the Finance department by ensuring accurate accounting and reporting of the company's expenses & fixed assets.

Samsung Electronics America, Inc. and its subsidiaries are committed to employing a diverse workforce, and provide Equal Employment Opportunity for all individuals regardless of race, color, religion, gender, age, national origin, marital status, sexual orientation, gender identity, status as a protected veteran, genetic information, status as a qualified individual with a disability, or any other characteristic protected by law.

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