Cost Manager
About the job
- A bachelor's degree in Accounting or Finance is required.
- Must be prepared to learn the business by spending time working with operations in a heavy industrial business.
- Experience in heavy industry is required.
- Five to seven years of experience in finance or accounting, including at least three years in a financial planning role, is required.
- Advanced Excel, PowerPoint, and three-statement financial modeling skills are required.
- Strong analytical abilities and IT skills, specifically in ERP and related reporting or business intelligence systems, are required.
- Demonstrated experience supporting industrial services, manufacturing facilities, and operations is required.
- Ability to travel 25% to company locations is required.
- Ability to walk more than 100 yards; stand as needed; lift and carry no more than 30 pounds; climb stairs and/or ladders; stoop; crawl; reach; handle; push; pull; twist; kneel; squat; see; speak; hear; solve problems; exercise discretion and independent judgment; and maintain regular and dependable attendance is required.
- Provide general financial support to one of the Regional Operational Directors.
- Analyze financial performance and communicate results to Operations and Senior Management, interpreting financial results for users who make economic or business decisions.
- Design, build, and maintain detailed internal reporting to drive business awareness across global operations.
- Own the quarterly forecast and annual budget process for the Region.
- Develop and implement KPIs and dashboards to support Operations.
- Work closely with Operations leaders to develop weekly forecasts, lead weekly forecast calls, and communicate variance analysis.
- Develop standardized monthly financial reporting for monthly Operations Reviews.
- Build new processes and procedures to improve organizational efficiency.
- Identify financial improvement opportunities and collaborate with Operations on remediation plans.
- Track the financial impact of new initiatives and ensure proper recording of Capex and Depreciation by site.
- Implement ROI analysis and processes, including new product/service ROIs and reviewing actual performance against ROI.
- Create Authorities for Investment (AFIs) to support CAPEX, including justification and ROI calculations.
- Analyze potential acquisition target companies’ financial performance and support due diligence efforts.
- Support month-end and year-end accounting close activities, ensuring accurate and complete site and regional profit and loss.
- Collaborate and communicate with analysts, operational managers, and the executive team at all levels.
- CPA is a plus but is not required.
- MBA is a plus but is not required.
About the company
SMS Mill Services provides on-site support for steel mills by managing the full lifecycle of scrap metal—from receiving and inspection to inventory control and loading for electric arc furnaces. It also handles slag processing, metal recovery, transport, and services such as sizing, scarfing, logistics, and melt-shop maintenance. The company earns revenue via multi-year contracts with steel producers and has a global footprint with more than 14 locations, offering end-to-end outsourced services and asset/environmental management. Its goal is to help steel producers operate more efficiently and reliably, grow its market share through long-term contracts and geographic expansion, and pursue strategic opportunities like the 2025 FalconPoint acquisition while maintaining core scrap processing operations.
Company Size
201-500
Company Stage
N/A
Total Funding
N/A
Headquarters
Portage, Indiana
Founded
2008
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Simplify's Take
What believers are saying
- SMS won ArcelorMittal Piracicaba expansion in 2025, strengthening a flagship customer relationship.
- SMS won Charter Steel Cleveland scrap-management work in January 2025.
- FalconPoint says SMS delivered over 20% annual revenue growth for four straight years.
What critics are saying
- Indiana cited SMS in August 2025 for missing slag-plant emission records.
- OSHA opened a planned inspection at SMS Jackson, Tennessee, on May 12, 2026.
- Shipbreaking and mill-services carve-out leaves the remaining scrap business dependent on fewer assets.
What makes SMS Mill Services, LLC. unique
- SMS operates 14 locations across the U.S., Europe, and South America.
- FalconPoint backed SMS with $500 million for equipment, technology, and acquisitions.
- SMS embeds crews inside mills, managing scrap, slag, and environmental workflows.
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Benefits
Paid Holidays
Life Insurance
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↑ 0%FalconPoint Partners, a private equity firm, announced its acquisition of SMS, a high-growth industrial services business, with a commitment of $500 million to support its expansion. SMS, founded in 2008, provides outsourced services to steel mills and marine decommissioning. The acquisition aims to enhance SMS's growth, technology, and sustainability practices. FalconPoint will leverage its expertise to support SMS's continued success and value creation.