Cost Analyst (Hybrid - Manchester, CT)

Costing Analyst

As a Costing Analyst at Bob's, you will help maintain accurate, timely cost information that supports pricing, margin, and inventory decisions. This role combines cost analysis, master data stewardship, and issue resolution across the purchase order and invoice lifecycle. You will analyze cost changes, validate cost inputs, resolve discrepancies, and help ensure cost-related data is accurate across systems. Your work will support financial accuracy, operational efficiency, and vendor compliance.

At Bob's, we have fun, we love what we do, and it shows in our expansive growth! Bob's Discount Furniture is more than just a furniture store. We are one of the fastest growing omni-channel furniture retailers in the country.

At Bob's we understand there are many companies you can choose to work for, so, along with exceptional opportunities for career growth we offer a fun team-oriented work environment and great benefits! Let us tell you more.

Benefits & Perks- We've got you covered! We believe in supporting our employees and their families in the best ways possible is a top priority. We focus on three core wellness pillars: Emotional, Physical and Financial. Below are just some of the benefits that we offer:

• Nationally provided Medical, Dental and Vision Insurance
• Paid Vacation, Personal Days, Sick Days, Holidays, work anniversary and your Birthday! After all, your birthday should be a holiday
• 401(k) Profit Sharing Plan with a Generous Company match!
• Pet Insurance to help keep your furry friends happy and healthy
• Employer-paid basic Life Insurance, with the option to add Voluntary Life Insurance as well!
• Financial Planning, Voluntary Legal Benefits and Wellness Plans
• Generous Employee Discount starting on your 1st day!
• Additional Employee Discounts through the "Hays Perks discount program" offering hundreds of online discounts from your favorite merchants.
• And so much more!

Culture and Core Values- At Bob's we have a set of core values that shape the decisions we make every day and help define our company culture. These values comprise what we call "The Bob's Way." Honesty, Integrity, Transparency, Community, Safety, Diversity, Accountability and Fun.

DIVERSITY IS A CORE VALUE AT BOB'S

At Bob's Discount Furniture, we want you to feel at home. Whether you're shopping with us or a part of the Bob's team, we want you to know that you are valued, appreciated, and free to be who you are.

We are committed to creating a place as diverse as the communities we serve.

Learn and Grow- We believe in developing our team members and helping them grow both personally and professionally! We promote Professional Development: In-person, virtually and offer an infinite library of on-demand classes in Workday Learning. We also offer Tuition Reimbursement as well as the BDF Education Foundation Scholarship Program open to employees and their dependents. Want to grow at Bob's professionally? We look to promote from within our organization by having robust succession planning in place to ensure that our team members have the opportunity to advance their careers.

Responsibilities

• Analyze first cost, landed cost, and other cost drivers to identify trends, variances, and business impacts.
• Build and maintain recurring reports and dashboards that communicate cost performance, exceptions, and savings opportunities.
• Evaluate vendor cost updates, tariffs, freight, and other cost changes and quantify impacts to financial results and downstream systems.
• Track and report realized and projected cost savings from vendor negotiations, product changes, and sourcing actions.
• Validate purchase order cost inputs, adders, and effective dates to ensure PO accuracy before receipt and invoicing.
• Research and resolve invoice discrepancies related to price, quantity, freight, tariffs, and payment terms in coordination with Accounts Payable, vendors, and internal partners.
• Maintain vendor payment terms and support alignment across Procurement, Finance, and Accounts Payable.
• Own cost-related master data, including product cost, cube or size information, and tariff rates, ensuring timely and accurate system updates.
• Identify root causes of cost variances, data quality issues, and recurring exceptions, and recommend corrective actions and controls.
• Partner with Merchandising, Finance, Supply Chain, Procurement, and IT to ensure cost changes are implemented accurately and reflected in reporting.
• Support ad hoc analysis related to new item onboarding, assortment changes, vendor negotiations, and process improvement initiatives.

Required Qualifications

• Education: Bachelor's degree in Finance, Accounting, Business, Supply Chain, or a related field, or equivalent work experience.
• Experience: 23 years of experience in costing, financial analysis, merchandising support, purchase order or invoice support, master data, or a related analytical role.
• Technical Skills: Advanced Excel skills required; experience with ERP, merchandising, or master data systems preferred. Experience with reporting or BI tools and the ability to reconcile data across multiple sources preferred.

Key Skills and Competencies

• Analytical Rigor: Ability to analyze cost drivers, variances, and trends and translate findings into clear business insights.
• Attention to Detail: Strong accuracy in cost setup, data maintenance, and discrepancy resolution.
• Systems and Data Proficiency: Advanced Excel skills and comfort working with ERP, merchandising, reporting, and master data systems.
• Problem Solving: Ability to identify root causes, resolve issues efficiently, and improve processes and controls.
• Cross-functional Communication: Ability to work effectively with Merchandising, Finance, Supply Chain, Procurement, Accounts Payable, IT, and external vendors.
• Financial Acumen: Understanding of how product costs flow through purchasing, inventory, and financial reporting.

Preferred Qualifications

n/a

Physical Requirements

• Ability to remain in a stationary position for extended periods while working at a computer.
• Ability to communicate effectively in virtual and in-person settings.
• Ability to operate standard office equipment and use computer systems and software required for the role.

Expected Base Pay Not Including Potential Commissions, Incentive, Bonus, etc. Opportunities: $65,000 - $85,000

It is policy of Bob's Discount Furniture, Inc., to provide equal employment opportunity to all employees and applicants for employment. No person shall be discriminated against or harassed because of race, religion, color, sex, age, national origin, disability, pregnancy, citizenship, veteran or military status, or any other protected status in accordance with federal, state or local law.

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