analyst - material cost.

Tasks and responsibilities of the position:

• Responsible for analyzing and reporting actual raw material purchases

• Analyze raw material purchases on an ongoing basis to identify and address any favorable or unfavorable cost variations, ensuring accuracy and financial control

• Responsible for preparation and analysis of monthly inflation/deflation and Purchase Price Variance (variance vs. standard) for raw material costs, along with financial reporting, budgeting, quarterly forecasting, and ad-hoc estimations

• Responsible for reporting and highlighting the key drivers of supply chain finance spend, including raw material costs, duties, duty drawbacks, intercompany transactions, and freight, across actuals, estimates, and budget.

• Collaborate with Operations and Business Unit Finance teams to provide guidance on raw material costs, while developing and implementing process improvements to enhance efficiency and cost visibility

• Responsible for delivering efficient and accurate financial reporting and analysis to internal clients (Operations/Supply Chain Management, Business Units and Sectors) and ensuring compliance with U.S. GAAP accounting standards and Momentive’s internal financial policies

• Design and improve process/reporting of Raw Material cost and work with appropriate business partners to deliver on assigned projects

• Support projects related to Hybrid Costing and Spend Automation, contributing to the development and implementation of these initiatives.

• Review and approve specific business transactions as determined by Momentive’s delegation of authority policy, in coordination with Operations Finance Management, Procurement & Supply Chain Management, and Sector and Business Unit Management teams