Cost Accounting Analyst (New Joint Venture)

Cost Accounting Analyst (New Joint Venture) The Cost Accounting Analyst is a key finance partner supporting U.S. operations, with a strong emphasis on cost accounting, inventory management, and operational performance. This role is responsible for driving accurate product costing, analyzing manufacturing and operational variances, and ensuring financial discipline across the business. What You’ll Do Serve as a finance lead for cost accounting and operational performance, providing actionable insights on cost drivers, efficiencies, and profitability across U.S. operations. Analyze and monitor standard costs, manufacturing and operational variances (labor, overhead, material), and absorption, identifying root causes and driving corrective actions. Partner with operations and functional leaders to improve cost control, productivity, and efficiency through data‑driven analysis. Lead inventory accounting and controls, including cycle counts, physical inventories, obsolescence, and reserve analysis to ensure accuracy and compliance. Own and support month‑end close activities, including cost allocations, inventory valuation, and variance reporting. Lead and support budgeting and forecasting processes, focusing on cost structures, volume assumptions, and operational drivers. Provide financial analysis for capital investments, cost savings initiatives, and continuous improvement efforts, including ROI tracking and post‑implementation reviews. Ensure compliance with financial controls, SOX requirements, and accounting policies, particularly related to cost and inventory accounting. Collaborate cross‑functionally with Operations, Supply Chain, Procurement, and Finance to improve cost transparency and performance across the broader organization. Identify and drive process improvements in cost accounting, reporting, and financial systems, enhancing accuracy and efficiency. Required Qualifications Bachelor’s degree in Finance, Accounting, Engineering, or related field Minimum 5 years of experience in finance and/or accounting, preferably in a manufacturing or operations‑focused environment 5 or more years of strong expertise in cost accounting, standard costing, and variance analysis 5 or more years of experience with inventory accounting and operational finance processes Preferred Qualifications Experience with inventory accounting and operational finance processes Experience with ERP systems (e.g., SAP or similar systems) Work location This role follows an on‑site working model, requiring the employee to work at the Monroe (Charlotte), North Carolina 3M location. Travel May include up to 10% domestic/international. Relocation Assistance Not authorized. Legal Authorization Must be legally authorized to work in the country of employment without sponsorship for employment visa status (e.g., H1B status). Safety Safety is a core value at 3M. Employees are expected to contribute to a strong Environmental Health and Safety culture by following safety policies and engaging in continuous improvement. Compensation and Benefits The expected compensation range for this position is $109,202 - $133,469, which includes base pay plus variable incentive pay, if eligible. Legal and EEO Statement 3M does not discriminate in hiring or employment on the basis of race, color, sex, national origin, religion, age, disability, veteran status, or any other characteristic protected by applicable law. #J-18808-Ljbffr 3M