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Cost Analyst

2 months ago

Irving, United States FASTENER DISTRIBUTION HOLDINGS LLC. Full time
Job DescriptionJob Description

FDH Aero is a trusted global supply chain partner for aerospace and defense companies. With more than 55 years of experience, it specializes in c-class components that include hardware, electrical, chemical, and consumable products and services for global OEM and aftermarket customers. At FDH Aero, we understand that the strength of our brand comes from our people, and our culture empowers every team member to contribute and grow. As a global team, our culture is rooted in five (5) core values that begin with the words “We are” and include: service-first, respectful, amplifiers, open-minded and accountable.

FDH Aero is headquartered in Commerce, California, and has operations across the Americas, EMEA and APAC. FDH Aero has locations in 14 countries across the globe, with more than 1,200 best-in-industry employees and over 650,000 square feet of inventory space.

For more information, please visit the FDH Aero website.


We are seeking a detail-oriented and analytical Cost Analyst to join our team. The Cost Analyst will play a vital role in analyzing, managing, and optimizing the costs associated with our supply chain operations. This position requires strong financial acumen, a deep understanding of cost structures, and the ability to work collaboratively with cross-functional teams to drive cost efficiencies.


Responsibilities:

  • Analyze and monitor costs across the supply chain to identify trends, variances, and opportunities for cost reduction
  • Develop and maintain cost models to forecast future expenses and support budgeting processes
  • Evaluate supplier quotes and pricing to ensure alignment with budgetary goals and cost targets
  • Collaborate with procurement, production, and finance teams to track and report on cost-saving initiatives
  • Prepare detailed cost reports and present findings to management and stakeholders
  • Conduct cost-benefit analyses to support decision-making on supplier selection, contract negotiations, and production processes
  • Review and validate invoices to ensure accuracy and compliance with agreed-upon terms
  • Assist in the development of pricing strategies and the establishment of cost control procedures
  • Support the implementation of cost accounting systems and processes
  • Identify and analyze potential risks and their impact on cost structures
  • Provide recommendations for process improvements to enhance cost efficiency and overall profitability


Basic Qualifications:

  • Bachelor's degree in Finance, Business, Supply Chain Management, or a related field
  • Proven 3-4 years of experience in financial analysis, cost analyst, contract management, and inventory control
  • Strong analytical and problem-solving skills
  • Proficiency in data analysis tools and advanced MS Excel skills
  • Excellent communication and negotiation skills
  • Ability to work independently and collaboratively in a team-oriented environment
  • Experience with ERP systems
  • Knowledge of industry best practices in inventory management
  • Relevant certifications such as CSCP (Certified Supply Chain Professional) or CFA (Chartered Financial Analyst) are advantageous


FDH Aero is an Equal Opportunity Employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by law.