Cost Analyst Specialist
3 days ago
Wastequip, LLC is seeking a highly skilled Cost Analyst Specialist to join our team. As a key member of our procurement department, you will be responsible for analyzing and optimizing our purchasing processes to drive cost savings and improve operational efficiency.
Key Responsibilities:- Analyze supplier pricing and identify potential cost reduction opportunities through market research, vendor comparisons, and negotiation strategies.
- Conduct cost-benefit analysis on different purchasing options to recommend the most financially advantageous choice.
- Track and monitor spending trends against budget to identify areas for cost optimization.
- Review and negotiate contract terms with suppliers to secure favorable pricing, payment terms, and delivery schedules.
- Monitor contract compliance and address any issues that may arise with support from compliance specialists.
- Develop and implement contract management processes to ensure efficient contract administration.
The estimated salary for this role is $90,000 - $110,000 per year, depending on experience. In addition to a competitive salary, we offer a comprehensive benefits package, including health insurance, 401(k) matching, and paid time off.
Requirements:- Bachelor's degree in Finance, Accounting, or a related field
- 2-3 years of relevant experience
- Strong analytical skills with proficiency in data analysis and financial modeling
- Excellent communication and negotiation skills to effectively interact with suppliers and internal stakeholders
- Experience with procurement systems and ERP software (e.g., Dynamics 365, NetSuite)
- Strong understanding of financial principles and accounting practices
- Ability to work independently and as part of a cross-functional team
- Advanced proficiency in Microsoft Excel and data visualization tools
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