Cost Analyst

Company: LX Pantos America, Inc.

Job Title: Cost Analyst

Position Level

Assistant (Entry-Level)

OVERALL SUMMARY OF THE POSITION

The Cost Analyst position functions as a business support person to the upper management team including planning and finance management team. The position assists in effectively managing and controlling the local business and is responsible for warehouse level costs and control including general accounting, cost accounting, bill of material audits, inventory reconciliations, and cost analysis. The position supports month-end close and special projects as requested and works closely with our partner, i.e. LGEUS logistic team to understand issues and how they impact the financial results as well as educate/inform department(s) on cost divers and variances.

Primary Responsibilities

Labor Data Management

• Maintain an accurate database of headcount, labor hours, compensation, overtime usage, and other labor related cost elements across all departments.
• Develop and continuously update a centralized labor database containing key information for both current employees and planned future staffing.

Budgeting and Forecasting Support

• Support the preparation of annual and monthly labor cost budgets, including headcount planning and labor expense forecasts.
• Conduct variance analysis by comparing budgeted labor costs with actual results, highlighting deviations and underlying causes.

Data Entry and Documentation Control

• Enter labor-related data—including work hours, schedule changes, and compensation adjustments—into internal systems with accuracy and timeliness.
• Collaborate with HR and Operations teams to ensure data integrity and proper document retention.

Labor Cost & Productivity Analysis

• Assess workforce deployment, staffing levels, labor efficiency, and production volume to identify opportunities for labor cost optimization.
• Evaluate the financial impact of changes in staffing models, schedules, or labor policies.

Invoice Review and Compliance Support

• Review and process labor-related invoices such as outsourced labor, temporary staffing, or contractor services.
• Ensure compliance with internal labor policies, overtime rules, and financial controls.

Administrative and Cross-Functional Support

• Handle ad-hoc labor cost analyses and special reporting requests.
• Provide general analytical and administrative support as assigned by supervisors.

Qualifications & Requirements

Education

• Bachelor's degree in Finance, Accounting, Business Administration, Economics, Industrial Engineering, or a related field.
• Professional certifications (CMA, CPA, or similar) are a plus but not required.

Experience

• 1–2 years of experience in cost analysis, financial analysis, labor planning, workforce analytics, or related roles.
• Experience working in manufacturing, operations, supply chain, or HR analytics environment is preferred.

Technical Skills

• Korean Proficiency Preferred (Speaking, Writing, Reading)
• Strong proficiency in Excel (advanced formulas, pivot tables, data modeling).
• Familiarity with ERP systems (SAP, Oracle, Workday, or similar).
• Experience working with labor management systems or workforce analytics tools is a plus.
• Ability to interpret large datasets and translate findings into actionable insights.

Analytical & Professional Skills

• Strong analytical thinking with high attention to detail and accuracy.
• Ability to identify cost trends, variances, and operational inefficiencies.
• Excellent communication skills with the ability to present complex data clearly.
• Strong organizational and time-management abilities.

Interpersonal Skills

• Collaborative mindset with the ability to work cross-functionally (HR, Finance, Operations).
• Ability to maintain confidentiality of sensitive labor and compensation data.
• Proactive, self-motivated, and adaptable in a fast-paced environment

Compensation: $ 60,000 ~ $ 65,000 / year

Job Type: Full-Time, Regular

Job Location: Englewood Cliffs, NJ 07632

Business Hours: Mon-Fri 08:00 AM to 5:00 PM