Contract Cost Analyst
Job Summary
The Contract Cost Analyst will be responsible for preparing and maintaining product costing models and performing detailed cost analysis. This role involves cross-functional collaboration with Finance, Supply Chain, and Operations teams to support budgeting, forecasting, and financial reporting. The ideal candidate will provide insights into cost variances and support process improvement initiatives within finance operations.
Responsibilities
- Develop and maintain product costing models
- Analyze manufacturing and operational costs
- Support budgeting, forecasting, and reporting
- Identify cost variances and suggest improvements
Required Skills
- Degree in Finance/Accounting/Business
- 5+ years in cost analysis or management accounting
- SAP product costing experience
- Strong analytical and communication skills
Job Details
Job Responsibilities:
- Prepare and maintain product costing models and standard cost calculations
- Analyse manufacturing, material, labour, and overhead costs to identify trends
- Support monthly and periodic product cost reporting and reconciliation activities
- Monitor changes in material pricing and operational costs that may impact product costing
- Work closely with Finance, Supply Chain, Operations, and Commercial teams on cost planning activities
- Support budgeting, forecasting, and financial analysis related to product costs
- Investigate cost variances and provide recommendations for improvement
- Support pricing analysis, profitability reviews, and margin assessments
- Ensure costing documentation and controls are maintained accurately
- Participate in process improvement and automation initiatives within finance operations
- Perform other duties as assigned
Requirements:
- Degree in Finance, Accounting, Business, Economics, or related discipline
- Minimum 5 years of experience in product costing, financial analysis, or management accounting
- SAP product costing module experience is preferred
- Good communication and stakeholder management skills
- Detail-oriented with strong problem-solving abilities
- Able to work independently and manage multiple priorities in a fast-paced environment