Optex Systems

COST ANALYST

 

OPTEX SYSTEMS, INC., specializes in precision optical systems and components for military, industrial, and commercial markets. Located in Richardson, TX, the company is a leader in designing and manufacturing advanced precision optical systems. OPTEX SYSTEMS is dedicated to quality, innovation, and delivering high-performance solutions tailored to customer needs. With decades of expertise, the company fosters a culture of excellence and continuous improvement, ensuring its position as a trusted industry partner.

Overview

We are seeking a highly motivated and detail-oriented Cost Analyst to join our dynamic finance team. In this pivotal role, you will lead comprehensive cost analysis initiatives, support financial reporting accuracy, and drive strategic decision-making through insightful data interpretation. Your expertise in cost management, accounting systems, and financial analysis will be instrumental in optimizing operational efficiency and ensuring compliance with industry standards. This position offers an exciting opportunity to influence financial strategies within a fast-paced manufacturing environment, fostering growth and innovation at every turn.

Responsibilities

• Conduct thorough cost accounting analysis to identify cost-saving opportunities and improve overall financial performance.
• Manage and reconcile general ledger accounts, balance sheets, and account transactions using ERP systems. NetSuite ERP experience is a big plus.
• Prepare detailed financial reports, including variance analyses, budget forecasts, and cash flow assessments, utilizing advanced Excel data analysis and business intelligence tools.
• Oversee cost management processes by monitoring expenses, analyzing trends, and implementing effective cost control measures aligned with GAAP (Generally Accepted Accounting Principles).

·       Role also supports pricing/proposal reviews as well as DCMA and DCAA Cost and Pricing Audits. Special cost or manufacturing operations projects as assigned.

·       Incumbent will work on special cost or manufacturing operations projects as assigned.

• This position will support SOX compliance by maintaining rigorous internal controls and conducting regular audits of financial processes.
• The incumbent will collaborate with cross-functional teams to collect data, interpret financial reports, and ensure accurate account reconciliation across multiple accounting systems.
• Assist in the development of forecasting models and budgeting strategies to support long-term business planning efforts within the manufacturing sector.

Experience and Requirements:

• The successful applicant will hold a 4-year degree in Finance or a related discipline along with proven Cost Analyst experience of 5-10 years within the manufacturing industry.
• Ideal applicant will have a strong understanding of cost accounting analysis and financial concepts. 
• DoD experience is a big plus.
• Extensive experience with financial report writing, data collection, and account reconciliation processes.
• Proficiency in ERP systems such as NetSuite, or Oracle, or SAP, along with advanced skills in spreadsheets (Excel), business intelligence tools, and financial software.
• Solid knowledge of GAAP standards, technical accounting practices, double entry bookkeeping, and general ledger reconciliation procedures.
• Demonstrated ability to perform cash flow analysis, budget forecasting, and cost management using sophisticated financial analysis techniques.
• Prior experience working in public accounting or corporate finance roles that involve SOX compliance and internal controls is highly desirable.
• Seeking local applicants who can work on-site in Richardson, Texas.
• Qualified applicants will be U. S. Citizens
• Strong analytical skills combined with excellent communication abilities to interpret complex financial data clearly and effectively are required.

Join us as a Cost Analyst to leverage your expertise in driving operational excellence through strategic cost management while contributing to our innovative manufacturing environment!

Optex Systems, Inc. offers a wide range of group benefits and competitive compensation.

• Optex Systems is an Equal Opportunity Employer and Prohibits Discrimination and Harassment of Any Kind: Optex Systems is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions at Optex Systems are based on business needs, job requirements and individual qualifications, without regard to race, color, religion or belief, national, social or ethnic origin, sex (including pregnancy), age, physical, mental or sensory disability, HIV Status, sexual orientation, gender identity and/or expression, marital, civil union or domestic partnership status, past or present military service, family medical history or genetic information, family or parental status, or any other status protected by the laws or regulations in the locations where we operate. Optex Systems will not tolerate discrimination or harassment based on any of these characteristics.”