Cost Accounting Analyst

Job Summary

Franklin Electric is seeking a Cost Accounting Analyst for its Franklin Water Treatment division in Avon, Hendricks County, US. This full‑time role supports business growth by delivering accurate cost data and insightful analysis.

Key Responsibilities

• Prepare, maintain, and analyze product and process cost reports.
• Develop standard cost models and update them as product specifications change.
• Collaborate with engineering, production, and finance teams to identify cost‑saving opportunities.
• Perform variance analysis and explain deviations to management.
• Assist in budgeting, forecasting, and month‑end close activities.
• Ensure compliance with GAAP and internal accounting policies.
• Provide ad‑hoc financial analysis for strategic projects and capital investments.

Required Qualifications

• Bachelor’s degree in Accounting, Finance, or related field.
• 2+ years of cost accounting or financial analysis experience, preferably in manufacturing or water‑treatment industry.
• Proficiency with ERP systems (e.g., SAP, Oracle) and advanced Excel skills.
• Strong analytical mindset with excellent problem‑solving abilities.
• Effective communication skills and ability to work cross‑functionally.

What We Offer

• Competitive salary of $75,120.05 annually.
• Comprehensive benefits package including health, dental, vision, and retirement plans.
• Opportunities for professional development and career advancement within a global leader.

Frequently Asked Questions

What does a Cost Accounting Analyst do at Franklin Electric?

The analyst prepares cost reports, analyzes variances, supports budgeting, and identifies cost‑saving opportunities to drive informed business decisions.

What qualifications are required for this role?

A bachelor’s degree in accounting or finance, at least 2 years of cost accounting experience, strong Excel/ERP skills, and excellent analytical abilities.

What is the salary for this position?

The position offers a fixed annual salary of $75,120.05 plus a comprehensive benefits package.