Cost Analyst

About the job

Role Overview: As a Cost Analyst, your main responsibility will be to analyze and forecast costs related to material, labor, and overhead for all major GCE locations. You will evaluate production processes to identify inefficiencies impacting costs and work on cost-saving opportunities in production and supply chain processes. Your role will involve collaborating with finance, production, and procurement teams to align cost management strategies and provide insights during new product development or process changes. Additionally, you will be responsible for generating detailed reports on manufacturing costs, variances, and trends, and presenting cost analysis findings to management to inform strategic decisions. Key Responsibilities: - Review and analyze material, labor, and overhead costs for all major GCE locations - Evaluate production processes and identify inefficiencies impacting cost - Review monthly manufacturing costs forecasts and ensure alignment with objectives and targets - Collaborate with finance and production teams to review budgets and standard costs setting - Monitor cost variances and recommend corrective actions - Generate detailed reports on manufacturing costs, variances, and trends - Identify cost-saving opportunities in production and supply chain processes - Work closely with operations, finance, and procurement teams to align cost management strategies - Provide insights during new product development or process changes - Utilize ERP systems, costing tools, and financial software for data management and analysis - Maintain accurate cost data in the system for real-time decision-making Qualifications Required: - Educational Background: Bachelor's degree in Finance, Accounting, Business Administration, Industrial Engineering, or a related field. Master's degree or professional certifications (e.g., CIMA, CMA, ICWA) is a plus. - Experience: Proven experience in cost analysis, manufacturing finance, or a related role in the manufacturing industry. Familiarity with manufacturing practices in at least 2 industries or regions. - Technical Skills: Proficiency in financial modeling, cost accounting principles, ERP systems (e.g., SAP, Oracle), and advanced Excel skills. - Analytical Abilities: Strong analytical mindset with attention to detail. Ability to interpret data and provide actionable insights. - Soft Skills: Effective communication, presentation, organizational, and time management skills. Problem-solving mindset and a proactive approach. - Language Proficiency: Fluency in English is essential. Proficiency in other European languages is a plus.

Requirements

• Cost Analysis
• Financial Modeling

Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, Industrial Engineering, or a related field

Preferred Technologies

• Cost Analysis
• Financial Modeling