Cost Analyst

1.00 to 2.00 Years Chennai,India 25 Jun, 2023

Job Location	Chennai,India
Education	Not Mentioned
Salary	Not Mentioned
Industry	Industrial Automation / Industrial Equipment Mfg / Machinery
Functional Area	Business Support and Management
EmploymentType	Full-time

JOB DESCRIPTION

Determine cost estimate targets during the design and development process, recommending cost effective solutions.
Gather proposals, specifications and related documents and liaise with stakeholders to convert specifications to cost estimates for new and current products.
Utilize cost methodologies and tools and appropriate software models and packages to prepare and maintain reliable and accurate data.
Support in establishing cost estimates of production processes and tooling costs and review alternatives or put forward recommendations for improvement.
Assess cost effectiveness of products and track actual costs relative to budget and report status on a regular basis to ensure costs are in line with forecasts.
Monitor and review data and information to detect or assess problems.
Analyze and Report cost/ profitability variances
Contribute to cost monitoring and reporting systems and procedures and monitor trend.

Education / Experience Required:ACA/CMA with 1-2 years of relevant experience

Keyskills :
tooling costsData AnalysisProduction Processescost effective solutionsprofitability variancescost monitoringtrendcost methodologiesreporting systemsCost Estimation

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