Cost Analyst

Title :           Costing Analyst

Benchmark : 

Reports To :   Division Program Controlling & Costing Manager

Description :

The Cost Analyst role is to provide a consolidated cost (upfront, piece cost) all along the different phases of a program with high level of complexity (high sales volume, high upfront amount, international footprint,…), in line with actual product definition, and potential modifications. (S)He supports the program core team. The main missions of the role are to:

• Ensure program costing procedures implementation and golden rules compliance
  • Estimate cost on a defined product basis (BOM or master principles), using the PG cost calculation system and database.
  • Secure utilization of official rates (for materials, plants, machines…)
• Secure consistency between costing, product process definition and support functions inputs (purchase, ME, design, …)

• Support, under program manager authority, the design to cost activities
  • Provide cost  monitoring & gap analysis toward targeted cost to the core team
  • Provide directionnal cost and update modification (ECM) preassessment costing on real

time basis

• • Provide Make or Buy financial analysis
  • Participate in the sourcing committee
  • Support and share with core team members impacts of their actions on the full cost (piece, upfront…) on individual & real time basis
  • Support design to cost activities & provide recommendation to improve profitability
• Provide cost information status and follow up (monitoring, explanation)
  • Analyse & challenge cost information provided
  • Alert line manager & functionnal manager in case of discrepancies
  • Check material rates & exchange rate alignment with Budget
  • Gather and consolidate (part price/ investments/ toolings) cost data according to defined product and likely industrial path
  • Ensure cost evolution detailed follow up & tracability for piece costs & upfront
  • Support the program controller into the Business Plan updates explanations or Risks & Opportunities estimates
  • Support cost requests to internal / external (purchasing) suppliers
  • Support sales teams in the customer ECM technical description (cycle times, material consumption, labor routine, and tooling impacts,…)

• Estimate the added value of the project using the entry datas coming from the different contributors ( PC&L, Manufacturing engineering, operations…) 
  • Estimate costs on product definition taking into account hypothesis of the budget and Strategic Plan regarding the workload of the plants.
  • Ensure that salary hypothesis and inflation are based on group rules.
  • Ensure that exchange rates used are on line with customer expectations.

• Participate to technical choices and technical hypothesis at acquisition phase

• Support sales and purchasing in customer / external suppliers negotiation

• Support continuous improvement processes on tools and methodology

Qualifications:

The ideal candidate will have/be:

• Master's degree in engineering or Associate's degree in engineering/Diploma, with a specialisation in Production, and/or Business School background with a Finance degree or Masters Degree in Finance
• Minimum 3/5 years experience in an industrial environment including a first technical experience (production, manufacturing engineering, plant controlling, …)
• Technical knowledge in one or several products and manufacturing processes
• Ability to provide qualitative and reliable information, and to work on a project management basis
• Ability to manage uncertainty and resist to stakeholder pressure
• Demonstrated strong communication skills and autonomy
• Languages (English fluent), in addition, German language is a plus

Affiliation:

Job Level:                        professional

Function:                         FIN – Programs

Location:                         Plzen CZ10

Organisation:                    ESD

Profile:

Schedule:                         Full-time

Contract:                         Unlimited Term

Education Level:                Master's Degree

Educational Program:                  Finance

Travel:                            Yes, 25 % of the Time