Cost Analyst

Date:  May 27, 2023

Murata Power Solutions is a leading provider of power conversion products that are sustainable and efficient. We are focused in two transformative technology, macro market segments; Server, Storage, Networking (SSN) and E-Mobility, including electric vehicles, robotics and energy storage. Ranked amongst the world’s top 5 suppliers of breakthrough power electronics, we design and manufacture the industry’s broadest offering of standard products and are a market leading designer of custom power solutions.

Well known for the quality of its products and workforce, we can provide you the opportunity to work with talented people and a management team focused on growth and the ongoing development of leading-edge technologies for many of the world’s major OEM’s.

Position Summary

This role will be responsible for the analyzing and producing various results based on data derived from company costs. This role is eligible for a hybrid schedule of 3 days in-office, 2 days work-from-home.

Job Duties/Responsibilities

  • Support the leadership team to interpret financial data to track against financial objectives
  • Partner with the broader Finance and business organization to build robust reporting tools 
  • Execute and analyze product costing
  • Support sourcing decision by creating financial analysis for total landed cost vs in-house manufacturing
  • Assist with new product business case preparation
  • Prepare and analyze monthly costing reports by department and category
  • Approve and assist with costing on new and existing products
  • Review, update, and maintain activity rates
  • Review company allocations
  • Identify BOM and manufacturing routings and recommend adjustments
  • Analyze material, labor, and other expenses and provide proactive recommendations based on this analysis
  • Assist Product Management with profitability analysis by product, Mfg. Location & Customer
  • Compare monthly actual results to budget and projections
  • Audit and analyze inventory to understand and support the remedy of inventory valuation deviations
  • Develop compelling dashboards and data visualizations to improve understanding of key business metrics

Experience Required

  • Bachelor's degree in Information Systems, Data Science, Finance, Accounting, or similar
  • 6+ years of hands-on experience in financial management and operations function in a manufacturing environment
  • Demonstrates a thorough level of knowledge in cost accounting methods, including activity-based costing, unit costing, standard costing methods with variances, and residual analysis
  • Demonstrates a thorough level of experience in cost study design and oversight, including the use and maintenance of standard cost frameworks for the integration of cost studies with existing model methodologies
  • Proven record of success in running and updating cost modeling systems (data, hierarchy, rules, etc.); supporting Standard and Forecast unit costs, variance reporting, cost maintenance, operational metrics, and scorecards
  • Broad range of capabilities, including being an executor who can communicate problems and their solutions
  • Ability to take high-level strategic perspectives while not being afraid to delve into the details of specific analyses
  • Ability to interact with and influence people at all levels of an organization
  • High degree of financial and analytical process leadership and business acumen
  • Excellent financial modeling and analytical skills for budgeting & forecasting, combined with strong attention to detail
  • Ability to present complex information in a usable format to a diverse audience
  • Experience establishing, implementing, and adhering to cost and process improvement initiatives within a high-growth environment


Building and Supporting Teams
Communicating Effectively
Delivering High Quality Work
Evaluating and Implementing Ideas
Prioritizing and Organizing Work
Supporting Organizational Goals

Compensation Data

Compensation and Benefits:

Our benefit package is comprehensive and includes Medical Insurance; Dental Insurance; Vision Insurance; 401(K); Flexible Spending Accounts; Paid Vacation/Holidays; Short Term Disability; Long Term Disability; Tuition Reimbursement.

Nearest Major Market: Worcester