Join our Talent Network

Skip to main content

Corporate Information  |  Careers

Careers Home > Job Search Results > Cost Analyst

Cost Analyst

Location: Harrodsburg, Kentucky, United States
Job ID: 44875
Date Posted: Jan 2, 2020
Segment: Smart Life
Business Unit: Hitachi Automotive
Company Name: Hitachi Automotive Systems Americas, Inc.
Profession (Job Category): Finance
Job Type (Experience Level): Experienced
Job Schedule: Full-time
Remote: No

Share: mail
Save Job Saved

Description

Position Summary:

 

As a valued member of the Operations Business Unit, the Cost Analyst will have an active role working with various Department teams to support; new business quotation preparation, product budgeting, program profit performance analysis and short / long range forecasting.  He or she will drive revenue and earnings growth by recommending optimal labor cost decisions to the Sales and Design Engineering teams.

 

Essential Tasks:

 

  • Review and analyze monthly financial reports by product / product family , and work within the cost management system data & by Cross Functional Team communication, to identify causes of cost variances between budget targets & actuals
  • Develop short and long range product & product family profit forecasts and projections
  • Support Finance & Accounting and Operations Departments in the preparation and review of the semi-annual operating budget with a focus on target setting to insuring program total lifetime profit achievement.
  • Support internal review meetings of product costs and profitability, in order to gain approval of stakeholders
  • Develop ad-hoc cost reports and financial models for management as requested
  • Facilitate regular cross-functional reviews of product costs and profitability, and coordinate with the sales, purchasing, product management, production engineering, and operations teams to ensure optimal profitability throughout product life cycles
  • Analyze the actual vs. targeted costs and benefits of investments
  • Advise upper management on the profitability of lines of business and products
  • Analyze changes in product design, materials and manufacturing methods, to determine the impact on product costs and period profitability
  • Must establish and maintain work relationships with all levels through a high degree of professionalism and excellent interpersonal/communication skills.
  • Strong participation & support of program Cross Functional Teams & related company departments (logistics, production, engineering, sales, procurement  and information technology)
  • Follow relevant policies and procedures so that work is carried out in controlled manner.
  • Work additional task as assigned
  • Develop a positive and effective working relationship with members of the domestic Corporate & Global product teams responsible for sales, engineering & cost planning / management


Qualifications

Educational Requirements:      Bachelor’s Degree or above in a financial or technical field of study.


Qualifications:

• Minimum 5 years of experience related to the areas of cost accounting, or engineering cost control is required. 

• Cost accounting, engineering standards costing or product cost est.  experience in a manufacturing environment preferred

• Strong cost management systems application usage and excellent analytical skills. Cost managment. systems programming / maintenance capability is a plus

• Advanced Excel database skills, along with good working knowledge of PowerPoint, Project and other programs in the Microsoft Office suite of products.

• Ability to plan, organizes, and effectively communicates to and within all levels of management and program cross-functional teams

• Experience with NPV calculations, break even analysis, profit forecasting

• Experience with reading / understanding technical documents, root cause analysis, process capability, cycle times and capacity planning is preferred

• Automotive industry experience is preferred but not required.

• Available for infrequent domestic & overseas business travel.

 

 

Physical Requirements:        Major portion of schedule is spent sitting, using hands to keyboard, write, and handling files and documents.  Clear and distinct speaking voice and hearing clear enough for understanding are required.  Moving about facility, standing to file and some stair climbing may be required. Close vision, distance vision, peripheral vision and depth perception are required.  Lifting limited to no more than 25 lbs.


Share: mail

Similar Jobs

Cost Analyst

Hitachi Automotive