Costing Analyst

The Costing Analyst oversees development and management of product costs: material cost, conversion cost, manufacturing equipment requirements, labor requirements, cycle times, tooling and capital requirements for new business or changes to current business.

• →Develop quotations that will be submitted to OEM customers through business units
• →Develop risks/opportunities with each quote
• →Review complex bill of materials for reasonableness
• →Review manufacturing assumptions for reasonableness
• →Effectively communicate cost data to the organization
• →Develop rates for manufacturing plants
• →Analyze cost variance and financial metrics
• →Support purchasing negotiate prices with suppliers as required and provide cost targets for purchased components
• →Provide product cost reduction estimates as required
• →Actively contribute to departmental initiatives/process improvements to enhance the overall department’s effectiveness
• →Work on special projects, as needed

• Bachelor's degree in Finance or Business or Operations or Engineering
• 1-3 years’ experience in Finance or Operations or Manufacturing or Engineering or Purchasing in the Automotive Industry
• Strong computer skills, i.e., Excel, Outlook and PowerPoint
• Self-motivated and eager to learn
• Interest in understanding both the financial and technical side of operations and manufacturing
• Demonstrated experience as a value-added team member
• Excellent problem-solving and analytical skills and strong attention to detail
• Ability to work cross-functionally across the organization
• Occasional travel required

• Master’s degree in Business Administration
• Intern experience within the Automotive Industry
• Foreign language skills