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Cost Analyst

Job Title: Cost Analyst
Contract Type: Permanent
Location: Tipton
Salary: 30000 - 35000
REF: AM CosAna
Contact Name: Andy McMinn
Contact Email:
Job Published: almost 4 years ago

Job Description



 n1. Job description


Position        Cost estimator / cost Analyst

Department  Finance

Place            Tipton (Birmingham)


2. Details about job-holder




3. Supervisor

Hierarchically: Head of Finance


Functionally:   Head of Finance / Head of Purchasing


4. Task description


The Cost Analys is responsible to perform calculations and evaluate e.g. cost comparisons to effectively improve cost structure. The Analysis is to be done among others, to compare variances between actual and standard costs and to prepare calculations for decision making. He / she monitors, tracks, analyzes, and reports cost related topics and is supportive in contract negotiations.

  • Issue regular cost studies/analysis (monthly, weekly) e.g. overtime, Asset controls, Inventory, and other Plant related key cost indicators
  • Calculate new projects / running project and analyze cost
  • Assist with preparation and issuing Month End Closing
  • Monitor, track and improve financial structure through right analysis tools
  • Support annual Budget process
  • Prepare and present Monthly Plant Cost by e.g. Cost Center or Area or project
  • Track Spare Parts Inventory 
  • Work cross-functionally with key functional contact persons and functional leaders
  • Develop cost saving calculation models and present savings opportunities to team.
  • Support monitoring of internal controls and assess level of controls.
  • Improve existing or implement non-existing reporting structure
  • Be accountable for your work and have detailed information / knowledge about internal business processes
  • Look for opportunities to improve Plant accounting capability and processes



5. Qualification

  • Academic Degree in e.g. Economics, Accounting or Finance
  • Demonstrated experience as Cost Analyst / Financial Analyst
  • Used to work with targets and KPI
  • Capable to manage big databasis
  • SAP knowledge of advantage
  • Good technical background; preferably Automotive industry
  • Works effectively cross-functional and multicultural teams
  • Strong interpersonal and network-building skills
  • Ability to interact with all levels of the organization
  • Proficiency MS Office knowledge, e.g. Excel and powerpoint



6. Competences

  • Action oriented
  • Customer focus
  • Drive for results
  • Problem solving
  • Priority Setting
  • Technical Learning