Sr. Cost Analyst

Company: balchem
Location: Montvale
Posted on: May 7, 2025

Job Description:

COMPANY OVERVIEW:
Balchem Corporation develops, manufactures and markets specialty ingredients that improve and enhance the health and well-being of life on the planet, providing state-of-the-art solutions and the finest quality products for a range of industries worldwide. Our corporate headquarters is located in Montvale, New Jersey, and we have a broad network of sales offices, manufacturing sites, and R&D centers, primarily located in the US and Europe. Founded in 1967, Balchem is a publicly traded company (NASDAQ - "BCPC") with annual revenues over $900 million and a market cap exceeding $4.0 billion. The company consists of three business segments: Human Nutrition & Health; Animal Nutrition & Health; and Specialty Products. Balchem employs over 1,400 people worldwide who are engaged in diverse activities, committed to developing the company into global market leadership positions. To learn more about our dynamic, stable and growing company, visit www.balchem.com

POSITION SUMMARY:
Balchem is looking for a Sr. Cost Analyst. This role will report directly to the Supply Chain Finance Sr. Manager. Responsibilities will include supporting cost accounting close activities, preparation/review of monthly balance sheet reconciliations, cost containment actions and driving accountability to targeted commitments. The individual should have an eye towards continuous improvement, leveraging technology and other solutions to automate and scale our processes to enable strategic decisions. The individual must possess excellent critical thinking skills, strong interpersonal and communication skills, and possess an attention to detail.

ESSENTIAL FUNCTIONS:

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• Proactively support thoughtful analysis regarding the Supply Chain impact on the P&L, Balance Sheet and key financial metrics.
  
• Support financial close for selected plants/locations, including preparation of SOX documentation and Balance Sheet Reconciliations.
  
• Prepare and enter journal entries.
  
• Contribute to developing annual budgets (plant expenditures).
  
• Support annual standard cost updates and estimate new product costs.
  
• Proactively lead analysis of monthly variances to standard cost (PPV, Material Usage Variance, Efficiency Variance), and communicate issues/opportunities to operations management.
  
• Prepare expense account analysis as needed.
  
• Partner with key supply chain leadership (primarily plant personnel).
  
• Coordinate the preparation of financial reporting packages for designated plants and locations and conduct monthly reviews in collaboration with operations management.
  
• Support annual inventory counts.
  
• Supply external audit team with information and analysis for annual audits and quarterly reviews as required
  
• Other Ad Hoc as needed
  
  
  REQUIREMENTS:
  
  • 
    
  • Bachelor's degree in accounting or finance
    
  • 3-5 years of directly related Finance experience within a manufacturing/supply chain organization
    
  • Strong Excel Skills, Microsoft office suite, Power BI a plus
    
  • Excellent analytical, mathematical, and problem-solving abilities
    
  • Aptitude to succeed in a competitive and deadline-oriented environment
    
  • Solid understanding of Information Systems/ERP Systems
    
    
    #IN
    Balchem is committed to a workplace culture that values and promotes diversity, inclusion, equal employment opportunities, and a work environment free of harassment and hostility.PI2edf1469c977-37820-37561425

Keywords: balchem, Tenafly , Sr. Cost Analyst, Professions , Montvale, New Jersey