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Senior Cost Analyst

Tiffany & Co.
Cumberland, Rhode Island, United States
Closing date
20 Mar 2024

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Senior Manager
Full Time

Job Details


Tiffany & Co. is one of the most legendary brands in the world today. With a history that spans back to 1837, Tiffany & Co is a jeweler and specialty retailer, whose merchandise offerings include an extensive selection of jewelry, as well as timepieces, sterling silverware, china, crystal, stationery, fragrances and accessories. Tiffany & Co. operates a manufacturing facility in Cumberland, RI where jewelry products unique to our company are crafted by a diverse workforce.

Position Overview:

The Senior Cost Analyst, US Manufacturing supports the finance team to ensure our systems setup is correct and optimized to ensure correct, complete, and timely posting of the inventory transactions to the accounting ledger.

Key Accountabilities:
  • Prepare and implement elements of the inventory control environment as required and to guarantee cost accounting numbers are reported accurately, completely, and timely for any transaction ran by any of our internal manufacturing and product development sites in the US.
  • Ensure consistency across all entities and work closely with the corporate controlling team in New Jersey to ensure compliance with group policies.
  • Monitor the internal control results and report to the leadership team on risk profiles and tactics aiming to safeguard inventory assets.
  • Support the cost accounting team and the implementation of inventory cost absorption rates for operational work centers and precious metal types. When rate updates are required, ensure optimal absorption of production costs into the finished product.
  • Monitor aged work orders and work with operations teams on site to resolve or identify risk for obsolescence. Support other inventory reduction initiatives and identify areas for improvement.

Required Qualifications:
  • 5 -8 years of experience in a financial data and or cost analyst role
  • Bachelor's degree in Finance, Accountant or equivalent experience
  • Proven knowledge on working with ERP systems like JDE, SAP or similar
  • Proven technical skills to set up and leverage IT tools like Alteryx, QlikView, Power BI, MS Excel
  • Proven soft skills to work with people from different groups within an organization
  • Project management experience
  • Power Query



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