Cost Supervisor Queretaro Site

.JOB DESCRIPTION: Cost Supervisor [Queretaro Site] About Abbott Abbott, a global leading healthcare company, is investing in Mexico. We are building a manufacturing facility in Querétaro. In Abbott’s Electrophysiology (EP) business, we’re advancing the treatment of heart disease through breakthrough medical technologies in atrial fibrillation, allowing people to restore their health and get on with their lives. This facility will offer 1,200 local new jobs and will be the first health manufacturing facility in Querétaro (pioneers for healthcare Hub). Working at Abbott At Abbott, you can do work that matters, grow, and learn, care for yourself and family, be your true self, and live a full life. You will have access to: Career development with an international company where you can grow the career you dream of.A company recognized as a great place to work in dozens of countries around the world and named one of the most admired companies in the world by Fortune.A company that is recognized as one of the best big companies to work for as well as a best place to work for diversity, working mothers, female executives, and scientists. The Opportunity The position functions as a business partner with operations on various financial matters such as budgeting, forecasting, product costing, manufacturing variances analysis & reporting, responsible to ensure cost estimates and inventory accuracy in the month-end closing activities, analyze balances, reconciliations, variances, recommend corrective actions, and prepare presentations as requested. What You’ll Do Budget / Forecasting – Active participation in the Cost estimation, inventories, and labor rates of the annual manufacturing budget plan; responsible for last estimates cost for each FC Quarter.Product Costing – Support the development of standard product costing, after proper verification of routings, bills of materials, and components costs, including review for reasonableness. Prepare cost estimates as required.Closing / Reporting – Participate in the closing month-end process, analyze financial results, verify reasonableness, and provide management with manufacturing performance reports on a daily, weekly, or monthly basis, including manufacturing variance analyses and appropriate explanations of yields, scrap, rework, and other factors. Analysis of inventory balances and other account reconciliations as assigned.Operational business support – Review and analyze Production Order Variances (POV), analyzing and reporting results, support operational managers in the monetary spending overhead analysis and budget control.Participate in New Product Transfers as required supporting budgeting/forecast process, analysis as required.Support Annual Physical Inventory.Ensure accuracy in Budget (LBE) and forecast (Mid-month). Required Qualifications Education: Bachelor’s degree