Connect Tech+Talent
Factory Absorption Manager
Connect Tech+Talent - Bothell
Work at Connect Tech+Talent
Overview
- View job
Overview
Job Description
Role: Factory Absorption Manager
Location: Bothell, WA
Contract
Experience: 6+years
Job Description:
A Factory Absorption Manager typically refers to a professional responsible for tracking, managing, and optimizing manufacturing overhead absorption in a production facility. This role ensures that factory overhead costs (like utilities, indirect labor, depreciation, etc.) are properly allocated to products or cost centers - an essential part of cost accounting and profitability analysis.
Key Responsibilities:
1. Overhead Absorption Analysis:
• Monitor how overheads are absorbed into product costs.
• Ensure alignment with standard costing or activity-based costing methodologies.
2. Costing & Budgeting:
• Work closely with finance and operations to analyze variances in cost absorption.
• Assist in budgeting factory overhead and tracking actual vs. planned absorption.
3. Efficiency & Utilization Monitoring:
• Assess equipment, labor, and machine utilization rates.
• Identify under-absorption due to inefficiencies or idle capacity.
4. Reporting:
• Generate reports on absorption rates, variances, and factory productivity.
• Provide insights to plant managers or financial controllers for decision-making.
5. ERP & Systems Management:
• Use systems like SAP, Oracle, or other ERP tools to track and report absorption metrics.
6. Process Improvement:
• Collaborate with operations and finance to improve cost accuracy.
• Support lean manufacturing and continuous improvement efforts to reduce unabsorbed costs.
Role: Factory Absorption Manager
Location: Bothell, WA
Contract
Experience: 6+years
Job Description:
A Factory Absorption Manager typically refers to a professional responsible for tracking, managing, and optimizing manufacturing overhead absorption in a production facility. This role ensures that factory overhead costs (like utilities, indirect labor, depreciation, etc.) are properly allocated to products or cost centers - an essential part of cost accounting and profitability analysis.
Key Responsibilities:
1. Overhead Absorption Analysis:
• Monitor how overheads are absorbed into product costs.
• Ensure alignment with standard costing or activity-based costing methodologies.
2. Costing & Budgeting:
• Work closely with finance and operations to analyze variances in cost absorption.
• Assist in budgeting factory overhead and tracking actual vs. planned absorption.
3. Efficiency & Utilization Monitoring:
• Assess equipment, labor, and machine utilization rates.
• Identify under-absorption due to inefficiencies or idle capacity.
4. Reporting:
• Generate reports on absorption rates, variances, and factory productivity.
• Provide insights to plant managers or financial controllers for decision-making.
5. ERP & Systems Management:
• Use systems like SAP, Oracle, or other ERP tools to track and report absorption metrics.
6. Process Improvement:
• Collaborate with operations and finance to improve cost accuracy.
• Support lean manufacturing and continuous improvement efforts to reduce unabsorbed costs.