Job Description
Cost Analyst
Location: Remote
Duration: Long Term
- Job Descriptions:
- Support cost management in early engagement NPI up to mass production. This includes both BOM and non-BOM cost variables such as MVA, Logistics, Warranty, Support, and Capex
- Organize our data to uncover deeper insights, identifying cost drivers within the design and potential avenues for cost reduction.
- Expected to independently manage routine assessments and reporting.
- Candidates will partner with full-time employees on strategic initiatives (like should-cost) aimed at enhancing early-stage cost engagement across design and supply chain operations.
- Your Roles and Responsibilities:
- Collaborate with cross-functional stakeholders to retrieve engineering BOM and operational inputs for costing purposes.
- Ensure Inputs are structured and managed within our internal tools for downstream operations, historicals, and comparative analysis.
- Act as the primary custodian for product and program cost data, documenting all change justifications and ensuring they correspond to cost variances.
- Collaborate with PLM (Product Lifecycle Management) and Engineering team to reconcile changes upstream within the design tool and our PLM system.
- Triage new components to our global supplier managers for cost inputs such as lead-time, MOQ, unit cost.
- Manage cost opportunities & risk associated with both BOM and non-BOM for individual products / programs
- Track workstreams to ensure headwinds are mitigated, and opportunities (design/supply-chain) are realized.
- Assist in generating bi-weekly/monthly product cost reports for senior leadership. Reports will provide performance metrics against our financial targets.
- Be proactive in reviewing information, identifying inconsistencies, trends and issues for management.
- Help to prepare communications to management and executive teams on areas of concern and actions required to meet financial commitments.
- Help handle automation of reporting within the group; assist in the assessment and implementation of decision support tools
- Other duties as required. This list is not meant to be a comprehensive inventory of all responsibilities assigned to this position
- Minimum Qualifications/Skills:
- Must work PST hours
- Capable of synthesizing raw big data efficiently for a multitude of use-cases
- Excellent in spreadsheet(Excel/Google sheet) skills, vlookup, pivot table, sumif etc....
- Experience building cost models, analyzing cost trends, and assessing opportunities and risk for new or early-stage product development
- Strong written, interpersonal and verbal communication skills.
- Bachelor’s degree (B.S/B.A) from a four-year college or university and 4 to 6 years’ related experience and/or training; or equivalent combination of education and experience
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