Cost Analyst

At Trane Technologies® we Challenge Possible. Our brands – including Trane® and Thermo King®  - create access to cooling and comfort in buildings and homes, transport and protect food and perishables, connect customers to elevated performance with less environmental impact, dramatically reduce energy demands and carbon emissions, and innovate with a better world in mind. We boldly challenge what’s possible for a sustainable world.

Job Summary：

The role supports Kolín Plant and approximately 20% the Finance EMEA reporting and analysis activities and reports to the Plant Controller in Kolín. The main focus of this role will be to accurately maintain product costing in the plant and to consolidate the EMEA ISC financial results on a timely and accurate basis. Experience in a manufacturing environment is required.

Responsibilities: 

Main responsibilities – Kolin Finance (80%):

• Maintain daily costing activities in Oracle (cost new items, review items with zero cost, ensure no negative inventory, etc.)
• Analyze purchase prices, review and follow up on incomplete or incorrect BOMs. Drive improvements in the accuracy of the BOMs.
• Calculate the annual standards and upload to Oracle
• Provide project cost calculations/quotations for strategic projects with appropriate labor and overhead rates and overall production costs to support make or buy decisions
• Drive the annual physical inventory (PI) process from a finance point of view and help implement improvements to receive a full exemption. This involves carrying out all Finance system transactions for completing the PI
• Analyze and report on inventory metrics (e.g. inventory turns) by working with Operations
• Partner with Procurement and validate productivity reporting in Windchill by project and calculate inflation/deflation at the part number and commodity level
• Complete the monthly DPC report with a forward looking view and present during the EMEA review meeting
• Track costs, provide in-depth analysis and recommendations to Management for identifying opportunities to improve our cost structure
• Complete variance analysis (price, OSMI, scrap, cycle counts, material usage) vs Fcst/AOP and drive appropriate actions
• Prepare of the weekly pulse and R&O reports
• Draft journal entries related to area of expertise, verify that all entries are complete and our books are accurate at month end
• Provide cost advisory to Plant Management and partner with Corporate functions within Trane Technologies on different costing, compliance and reporting responsibilities
• Contribute with deliverables for key reports in cooperation with the rest of the Finance Team: vertical and horizontal bridges, Operations Scorecard, DC P&L, DPC reports, etc.

Main responsibilities – EMEA Finance (20%):

• Consolidate the results from the 5 EMEA TK sites and provide a high-level analysis:
• Pulse and R&O updates:

• VBridge (actuals vs AOP)
• HBridge (actuals vs PY)
• Productivity summary
• Capex summary
• AOP

• Forecasts (eg 6+6 and 9+3)
• Create slides and analysis for the MOR (monthly operational review) meetings
• Be the gatekeeper of the EasyCapital tool and update approval flows when needed
• Execute and initiate process improvements in reporting and analysis and help streamline processes and develop analytical tools to aid in decision-making and driving insights

Qualifications:

• Bachelor’s Degree in Finance/Accounting/Business or equivalent. Preferred: Master’s Degree in the same fields.
• Advanced knowledge of Excel, ideally familiar with Oracle. Experience with Hyperion preferred. Tableau/Alteryx knowledge a significant plus;

Language-skills/

• Czech – C2
• English – C1

Expertise:

• Minimum 3 years work experience in cost accounting in a manufacturing environment,
• Good communication and presentation skills, open to change with an orientation towards achieving team results;
• Ambition to grow and develop within the company
• Strong analytical skills, knowledge of planning/modeling tools
• Confident, able to demonstrate flexibility and sensitive to deadlines

Key Competencies:

• Solid understanding of the cost drivers of the business and the impact of volume fluctuations on net results, particularly around fixed, semi variable and variable cost
• Ability to deconstruct a process into fine details and to put together summaries with the right level of detail depending on audience
• Passion for planning and completing process improvements and automation workflows
• Ability to take ownership and encourage accountability

We offer competitive compensation and comprehensive benefits and programs that help our employees thrive in both their professional and personal lives. We are proud of our winning culture which is inclusive and respectful at its core. We share passion for serving customers, caring for others, and boldly challenging what’s possible for a sustainable world.

We are committed to achieving workforce diversity reflective of our communities. We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identify, national origin, pregnancy, age, marital status, disability, status as a protected veteran, or any legally protected status.