Division Cost Analyst

Note

Eastman will not accept applicants for this offered position who require visa sponsorship, including those whose status is F-1 visa OPT who subsequently would require ongoing visa sponsorship.

Responsibilities

The Division Cost Analyst supports financial planning, cost accounting, reporting, and analysis for division operations. The role partners with site and division leaders, Finance, Maintenance, Engineering, Manufacturing, Contracting, Procurement, and other cost analysts to provide reliable cost information, support business decisions, and improve budgeting and cost-management processes.

• Identify opportunities to improve budgeting, forecasting, cost accumulation, reporting, and other cost-management processes
• Use SAP and software such as Power BI, Excel, and Access to retrieve, analyze, and report data
• Follow applicable safety, environmental, security, and company policies; complete required training
• Work alternative schedules as needed to meet business close, forecasting, and other deadlines. Coordinate the development of division budgets and annual plans, including Maintenance & Repair (M&R), Direct Spend, and other applicable operating costs. Analyze business needs, priorities, assumptions, and trade-offs to support planning.
• Prepare and maintain monthly and annual forecasts. Coordinate turnaround forecasts with Turnaround Controls and incorporate relevant costs into division forecasts.
• Monitor cost centers, materials, labor, accruals, and other relevant cost measures. Work with cost center owners to investigate gaps and develop mitigation or contingency plans.
• Identify and communicate budget-to-actual and budget-to-forecast variances to division and site management. Coordinate with other sites to understand and report cost trends and variances.
• Support monthly financial close activities, including cost reviews, accruals, work-order settlements, and cost center allocations
• Help ensure costs are accurately recorded and classified, including capital-versus-expense treatment, and that division and maintenance information is reliable
• Develop, maintain, and improve reporting tools and applications to provide timely, useful cost information and comparisons for division financial questions and decisions
• Analyze cost and help maintain appropriate procedures and controls
• Partner with Finance, and serve as a resource to site personnel on accounting processes, reporting
• Support special projects, and other ad hoc analyses

Qualifications

• Bachelor’s degree in Finance, Accounting, Engineering, or a related field required; an advanced degree or relevant cost-accounting experience is preferred.
• Must have previous cost accounting experience (3-5 years preferred)
• Working knowledge of SAP cost accounting processes and transactions, and an understanding of how Maintenance and Direct Spend costs affect one another
• Strong analytical skills and proficiency with relevant software, including Excel; experience with Power BI, Access, Word, or PowerPoint is beneficial
• Ability to exercise sound judgment, work independently, manage deadlines, and communicate financial information clearly
• Strong written and verbal communication skills and the ability to work effectively with colleagues across sites and functions