Risevoic
Senior Cost Analyst
Company : Cook Medical
Location : Bloomington, IN, 47404
Job Type : Full Time
Date Posted : 11 January 2026
Overview
We are seeking a highly skilled Senior Cost Analyst to join our Global Operations Finance team. In this role, you will provide critical financial insight and support to manufacturing operations to help drive performance, optimize inventory, reduce waste, and improve cash flow. You will partner closely with operations, procurement, and leadership to deliver actionable analysis, enhance financial literacy across the organization, and support strategic decision-making. This is an exciting opportunity for a proactive, detail-oriented finance professional who thrives in a dynamic environment and is passionate about continuous improvement.
Responsibilities
- Conduct detailed analysis of material variances, labor variances, and operating expenses; identify trends, anomalies, and opportunities for improvement.
- Develop proactive financial models with multiple assumptions to assess risks and recommend mitigation strategies.
- Collaborate with operations and procurement to ensure accurate and efficient inventory management, including periodic counts and variance reconciliation.
- Support monthly financial close, forecasts, and preparation of key corporate metrics and reports.
- Establish and monitor cost standards for material, labor, and overhead; prepare cost and margin reporting.
- Provide financial leadership by interpreting results, explaining key variances, and making recommendations based on business drivers.
- Spread financial literacy across functions by effectively communicating financial implications of projects and initiatives.
- Contribute to strategic projects, process improvements, and cross-functional initiatives to enhance efficiency and financial performance.
- Prepare financial data and analysis for executive leadership, board presentations, auditors, and regulatory bodies.
- Serve as a change agent by challenging the status quo and driving continuous improvement.
Qualifications
- Bachelor’s degree in Finance, Accounting, or related field (CPA, CMA, MBA, or advanced certifications preferred).
- 5+ years of operations finance experience with strong knowledge of financial and non-financial metrics, product costing, and LEAN manufacturing practices.
- 5+ years of strategic finance experience supporting key business leaders and initiatives.
- Advanced knowledge of cost accounting, financial modeling, and data analysis; ability to evaluate ROI and support strategic decisions.
- Strong communication, problem-solving, and interpersonal skills with the ability to influence across functions.
- Proficiency in Microsoft Office Suite (Excel required); experience with tools such as Business Objects, Power BI, Oracle ERP/EPM, and Salesforce CRM preferred.
- Proven ability to thrive in a fast-paced, evolving environment while managing multiple priorities.
- Fluency in English, both written and verbal.
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Frequently asked questions
Bloomington's manufacturing and healthcare sectors heavily influence cost analyst duties, emphasizing lean inventory management and precise material costing. Analysts here often tailor financial models to align with regional production trends and supply chain nuances unique to Indiana’s economy.
Bloomington shows a steady increase in demand for senior cost analysts, particularly in companies like Cook Medical, driven by growth in medical manufacturing. Candidates with expertise in ERP systems and cross-functional collaboration are especially sought after.
Senior Cost Analysts are expected to lead complex variance analyses, develop advanced financial models, and influence strategic decisions. Their role extends beyond basic cost tracking to driving continuous improvement and cross-departmental financial literacy.
Progression often involves moving from data-focused tasks to strategic finance roles, including senior analyst or management positions. Gaining certifications like CPA or CMA and mastering ERP tools can accelerate growth within manufacturing-centric finance teams.
Senior Cost Analysts in Bloomington typically earn between $85,000 and $105,000 annually, influenced by experience and technical expertise. Cook Medical’s competitive compensation aligns with regional standards for operations finance professionals in the medical manufacturing sector.
At Cook Medical, Senior Cost Analysts provide actionable insights by interpreting cost variances and financial metrics, directly advising leadership on performance optimization. Their analyses support inventory management and process improvements critical to operational efficiency.
These tools enable comprehensive financial modeling and real-time data analysis, essential for accurate cost tracking and forecasting. Proficiency ensures analysts can efficiently handle complex datasets and deliver insights that drive procurement and operations strategies.
Fluctuating material costs and local supply chain variability require vigilant variance reconciliation and collaboration with procurement. Navigating these challenges demands strong analytical skills and adaptability to maintain cost standards amid regional economic shifts.
Yes, certifications such as CPA and CMA enhance credibility and demonstrate advanced financial expertise, which are highly valued by employers like Cook Medical. They often correlate with greater responsibility and leadership roles within operations finance.
Exceptional communication skills are crucial, as analysts must translate complex financial data into clear insights for non-finance teams. This fosters better decision-making across operations, procurement, and leadership, driving cohesive strategies in a dynamic environment.