Cost Analyst - Pharmaceutical Manufacturing
LTS Lohmann Therapy
Summary
LTS is seeking a detail-oriented Cost Analyst to support financial decision-making across manufacturing, operations, projects, and administrative functions. In this role, you will analyze costs, investigate variances, support budgeting and forecasting, and provide insights that help improve efficiency and profitability. This position is based in West Caldwell, NJ and is hybrid eligible after the introductory period is complete; up to 2 days/week. Schedule: Monday–Friday, 8:00 AM–4:30 PM
Job description
Position Overview
LTS is seeking a detail-oriented Cost Analyst to support financial decision-making across manufacturing, operations, projects, and administrative functions. In this role, you will analyze costs, investigate variances, support budgeting and forecasting, and provide insights that help improve efficiency and profitability. This position is based in West Caldwell, NJ and is hybrid eligible after the introductory period is complete; up to 2 days/week. Schedule: Monday–Friday, 8:00 AM–4:30 PM
What You Will Do
- Generate and maintain detailed actual cost analyses and cost models to support product and service quoting.
- Analyze actual expenses against targets, plans, and forecasts; identify discrepancies and recommend improvements.
- Investigate manufacturing order variances, scrap, project hours, and expense variances.
- Assist with annual budgets, forecasts, and project cost estimates.
- Identify and support cost-saving strategies to improve efficiency and margins.
- Prepare reports and present analysis and insights to management.
- Monitor inventory, labor costs, indirect expenses, and trends to support business decisions.
Minimum Qualifications
- Bachelor’s degree in Accounting, Finance, or a related field
- Minimum 5 years of relevant experience in cost accounting, finance, or cost analysis in a manufacturing environment.
- At least 2 years' experience with SAP S/4HANA
- Strong analytical and Excel skills
- Strong written and verbal communication skills
Preferred Qualifications
- Experience in pharmaceutical manufacturing or a GMP-regulated environment
- Experience supporting manufacturing or operational finance in a complex business environment
Requirements
- Bachelor’s degree in Accounting, Finance, or a related field
- Minimum 5 years of relevant experience in cost accounting, finance, or cost analysis in a manufacturing environment
- At least 2 years' experience with SAP S/4HANA
- Strong analytical and Excel skills
- Strong written and verbal communication skills
- Experience in pharmaceutical manufacturing or a GMP-regulated environment
- Experience supporting manufacturing or operational finance in a complex business environment
Company overview
LTS Lohmann Therapy Systems is a global leader in innovative drug delivery solutions and a premier Contract Development and Manufacturing Organization (CDMO). Founded in 1984, the company specializes in developing and manufacturing transdermal therapeutic systems (TTS), oral thin films (OTF), and micro array patches (MAP). With over 1,500 employees across five global sites in the US, Germany, Israel, and a representative office in China, LTS has pioneered numerous medical breakthroughs including the first nicotine patch, first contraceptive patch, first Parkinson's patch, and first oral active ingredient film. The company operates with a patient-centric philosophy encapsulated in its purpose statement: 'We CARE. We CREATE. We DELIVER.' LTS serves as a dedicated technology partner to pharmaceutical companies, offering end-to-end development and manufacturing services without competing in drug development. With over 40 commercial products and 50+ active development programs, the company combines deep expertise with patient-centric innovation to advance small molecules, biologics, and vaccines through non-invasive delivery technologies.