Cost Analyst
3 weeks ago
SUMMARY
The Cost Analyst works with minimal direction and supervision. Purchasing organization. Overall
responsibility for identifying cost reduction opportunities and making recommendations to improve cost-efficiency. Performs cost analysis and generates reports for management decision making. Candidate must be well-versed in data and financial analysis, and have a keen eye for detail to perform this role successfully.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.
? Present strategic recommendations to reduce costs.
? Analyze data to help identify cost reduction opportunities.
? Offer analytical support to individual departments and divisions when assigned.
? Prepare detailed reports on a regular and ad-hoc basis.
? Contribute to creating annual operational budgets, plans, and estimates of new product costs including economic analysis.
? Assist with the annual budgeting process to ensure that regular costs for all products are determined in accordance with budget constraints.
? Collaborate with management to ascertain forecasting cost reports are consistently applied and checked.
? Propose cost-cutting or profit-generating alternatives.
? Calculate the costs of existing and new items.
? Assist management in making key cost-benefit decisions
? Determine standard costs and evaluate differences between standard and actual costs.
EDUCATION and/or EXPERIENCE
? Bachelors Degree in Business Administration, Supply Chain, Finance, Accounting, or a related field with equivalent applicable work experience.
? Three years experience with cost-estimating and procurement in a manufacturing environment is preferred.
? Proven experience as a cost analyst, cost expert, or other comparable position.
REQUIRED SKILLS
? Good working knowledge of supply chain processes and procedures including logistics, manufacturing planning, demand, and replenishment processes.
? Excellent computer skills, including demonstrated proficiency in Microsoft Applications (Outlook, Excel, PowerPoint, and Word), with an emphasis on spreadsheets and presentations.
? Familiarity with ERP Systems (Syspro highly preferred; SAP, Oracle, or equivalent acceptable).
? Analytical problem solving effective problem solving using logic and reason, creativity and strategy.
? Strong Communication skills interpersonal, presentation, and written.
? Ability to handle frequent interruptions, manage complexity and ambiguity, meet tight deadlines, balance multiple priorities, and handle conflict effectively
? Demonstration of thoroughness and attention to detail.
Compensation: $80-90K
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