Senior Cost Analyst

We're Watts. Together, we're reimagining the future of water.

We feel proud every day about what we do. We're all part of the same crucial mission, no matter what function we support -- it's to provide safe, clean water for the world, and to protect our planet's most valuable resource.

What we do:

For 150 years, Watts has built best-in-class products that are trusted bycustomers in residential and commercial settings across the world.We areat theforefront of innovation, working with cutting-edge technology to provide smart andconnected, sustainable water solutions for the future. Watts is a leading brand with aquality reputation - and we have a dynamic future ahead.

Scope of Position

Reporting to the Sr. Finance Manager, Operations FP&A and Central Support, the Sr. Cost Analyst will play an integral part within Watts, supporting both internal and external financial processes. This position will also have exposure to the financial leadership team as well as other operations leaders throughout the organization and serve as a key member of the finance team expected to leverage the financial data to drive transparency, consistency, accountability and performance within the operating businesses. The Sr. Cost Analyst will also make ongoing recommendations to make process improvements and efficiencies, lead small project teams and participate in presentations to leadership.

This position is hybrid and based in North Andover, MA.

Primary Job Duties and Responsibilities

• Develop catalogue of financial tools to drive simplification, efficiency and process automation and lead small project teams for process improvement initiatives.
• Drive coordination of various financial processes toward timely completion of deliverables, such as:
  • Annual Standard Cost Process across all ERP systems
  • Daily and Monthly Off Cycle Cost Rolls for New Product Development
  • Ad Hoc requests related to Standard Cost
• Provide timely, relevant and accurate reporting / analysis of performance versus various markers (i.e., historical, budgeted, forecasted) to facilitate strategic, decision-making processes including communicating the results to management.
  • Inventory
  • Inter / Intra ERP
  • PPV
• Lead functional budgeting / forecasting processes through analytical assessments, such as:
  • Expense tracking to Plan / Forecast
  • Identifying potential risks and opportunities
  • Offer mitigation steps and / or tactics to deliver on performance commitments
• Maintain effective communication and collaboration with functional leaders, operational teams, platform finance as well as corporate teams to achieve common objectives.
• Perform complex levels of ad-hoc financial analysis to support business decision-making.
• Proactively identify continuous improvement opportunities within existing processes to foster efficiency, collaboration and alignment on key performance drivers.

Required Qualifications

• BA/BS in Accounting or Finance.
• 5+ years of experience in a Cost Financial Analyst role or similar.
• Experience working in a manufacturing/industrial/logistics setting is required.
• Expert understanding of financial frameworks and concepts with the ability to design/conduct complex financial analysis.
• Advanced understanding of how financial decisions impact overall business performance with the ability to influence decision-making.
• Expert Excel skills including: VLOOKUP, sumifs, pivot tables, ability to effectively manipulate and organize large amounts of data.
• Self-motivated, problem solver, strong attention to detail and ability to work both independently and in a team environment.
• Superior organization skills, ability to multi-task and rearrange priorities as needed, monitor workflow in meeting critical deadlines and project timetables.
• Requires strong communication and interpersonal skills, with ability to work effectively with all levels and functions in the organization including senior leadership.
• Must be able to maintain a high degree of confidentiality.
• Demonstrated ability to lead small project teams with a process improvement mindset.
• Advanced knowledge of SAP, HFM, ERP, Cognos/BI.
• Travel 10%

Preferred Qualifications

• Experience with large, multi-national, public corporations preferred.

General Applicable Company Competencies

• Commitment to Watts' values of integrity, accountability, continuous improvement and innovation, and transparency.
• Punctuality and dependability.
• Ability to be flexible and adapt to changing work priorities and stressful conditions.
• Adherence to all personnel policies, procedures, and standards of process as implemented by Watts.
• Maintain productive and collaborative relationships with other Watts employees.
• Adherence to Watts' seven cultural beliefs: Growth Mindset, Customer-Focused Innovation, Constant Communication, Clear Goals, Collaborate Globally, Be Inclusive, and Take Action.

Working Conditions

While performing the job duties, you will be working in an office environment. You will be required to work in the office at the N Andover, MA location three days per week (Monday - Wednesday) and can work remotely two days per week (Thursday and Friday).

Physical Requirements: Specific physical abilities required for this position include, but are not limited to:

• Ability to remain seated at a desk or workstation for extended periods.

• Ability to perform repetitive tasks like typing on a keyboard or using a mouse for extended periods.
• Ability to physically move around the office, organize or transport files, packages, or other office-related materials.

• Ability to read documents, use a computer, and perform data entry tasks.
• Ability to communicate clearly with management and coworkers, particularly in meetings or phone calls.

• Ability to operate standard office equipment such as computers, printers, phones, and copiers.
• Ability to occasionally lift and carry light objects, such as office supplies, documents, or small equipment.

Pay Range

The expected salary range for this position is $100,000 to $110,000 yearly. Actual compensation will be dependent upon individual skills, experience, qualifications, and applicable law.

Nothing in this job description restricts Watts' right to assign or reassign duties, responsibilities, and working hours/conditions to this position at any time. This position is "at will," which means that either the employee or Watts may terminate the employment relationship at any time, with or without notice, and for any lawful reason.

#LIHybrid

Watts in it for you:

Please note that the following benefits apply only to permanent roles and do not apply to internship roles.

• Competitive compensation based on your skills, qualifications and experience
• Comprehensive medical and dental coverage, retirement benefits
• Family building benefits, including paid maternity/paternity leave
• 10 paid holidays and Paid Time Off
• Continued professional development opportunities and educational reimbursement
• Additional perks such as fitness reimbursements and employee discount programs
• Learn more about our benefit offerings here: https://tapintowattsbenefits.com/

How we work:

At Watts, our culture is team-oriented and supportive. Employees here genuinely care about the quality of their work, and about each other. Our people are the heart of who we are and contribute to our longevity and continued success.

And this is a place where you can have a big career. No matter your role, there are opportunities for learning and development, and your daily contributions make a meaningful impact on the lives of people who use our products and on the future of water.

Watts is committed to equal employment opportunity. We follow a policy of administering all employment decisions and personnel actions without regard to race, color, religion, creed, sex, pregnancy, national origin, sexual orientation, age, physical or mental disability, genetic disposition or carrier status, marital status, military or veteran status, minorities, or any other category protected under applicable federal, state, or local law. Consistent with the obligations of state and federal law, Watts will make reasonable accommodations for qualified individuals with disabilities. Any employee who needs a reasonable accommodation should contact Human Resources.