Cost Analyst - Interlayers
Founded in 1920, Eastman is a global specialty materials company that produces a broad range of products found in items people use every day. With the purpose of enhancing the quality of life in a material way, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability. The company’s innovation-driven growth model takes advantage of world-class technology platforms, deep customer engagement, and differentiated application development to grow its leading positions in attractive end markets such as transportation, building and construction, and consumables. As a globally inclusive and diverse company, Eastman employs approximately 14,000 people around the world and serves customers in more than 100 countries. The company had 2023 revenue of approximately $9.2 billion and is headquartered in Kingsport, Tennessee, USA. For more information, visit www.eastman.com.
Responsibilities
Want to join a team of problem solvers and change makers? If so, the Eastman Finance team could be right for you! At Eastman, our strategy is to transform tomorrow by revolutionizing the materials that shape it today — innovating sustainable solutions to enhance the quality of life in a material way. It’s just one reason why Eastman has been recognized by the Wall Street Journal as one of the World’s Most Sustainably Managed Companies. Eastman also has the distinction of being included in Fortune Magazine’s top 25 Change the World list.
As a Cost Analyst, you will be providing leadership on Global Finance Processes related to forecasting, strategic planning, and capital choices. This role supports the business management team by offering insights and financial advice that will allow them to make the best decisions for their business. Ideal candidates will have strong financial acumen and excellent communication skills.
Cost Specific Responsibilities could include:
• Complete monthly cost of goods sold and inventory rate forecast for Advanced Interlayers and provide explanations between forecast and actuals (Cost of goods manufactured/COGM to COGS analysis). Develop /assist in developing the PCOGS forecast
• Provide variable and fixed cost analysis for business partners including ensuring cost models are maintained and refreshed as appropriate
• Partnering with supply chain to support efforts to optimize inventories and production plans
• Working closely with cost accounting to ensure processes are aligned with management reporting objectives and drive improvement where needed
Other General Responsibilities:
• Prepares and presents closing analysis explaining how actual business performance varied from expectations.
• Works cross functionally to prepare monthly cost forecasts with subsequent analysis to identify and understand potential opportunities and threats.
• Assists in preparation of investment decision project analysis as needed to determine whether potential capital decisions will be value adding to the company.
• Provides decision support analysis for business strategies, operational changes, new product introductions, and any other business choices that could impact financial results.
• Provides process guidance and modeling in support of the company’s annual business planning (CSP) and long-range strategic quantification (SQ)
• Responsible for continual enhancement of personal efficiency and effectiveness
Qualifications
• Bachelor’s degree in Finance or related degree (CPA will be a plus)
• Minimum 3 years of relevant experience required
• Foundational accounting
• Working knowledge of key systems/tools (SAP, Excel, BPC etc.)
• Discounted cash flow modeling and other analysis techniques
• Synthesis of inputs into clear recommendations and defensible positions
• Basic project leadership and facilitation skills
• Ability to develop trust-based relationships
• Strong presentation skills
Eastman Chemical Company is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, disability, pregnancy, veteran status or any other protected classes as designated by law.
Eastman is committed to creating a powerfully diverse workforce and a broadly inclusive workplace, where everyone can contribute to their fullest potential each day.
Nearest Major Market: Asheville
Nearest Secondary Market: Knoxville
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