Cost Analyst
Amphenol Corp, Grand Rapids, MI, United States
The Cost Analyst will work closely with the Business Development, Engineering and Accounting teams to provide detailed cost analysis and pricing recommendations for new product. The Cost Analyst will also regularly monitor standard costing metrics for material and labor for existing products and reports results and recommended revisions to management and operations.
Essential Duties and Responsibilities
Interfaces with all applicable departments to ensure timely and accurate bid proposals are presented to the Business Development Team and the Customer
Assists with the auditing of material quotes, labor quotes and creation of pricing forms as necessary
Reviews and analyzes technical data packages to ensure completeness and accuracy
Maintains the customer solicitation database, and maintains the daily bid scheduling tool, keeping records accurate and up to date.
Uses online quoting tool as well as email to distribute RFQs to appropriate suppliers and internal team members
Regularly meets with Business Development Managers and Senior Management to discuss new bids and recommend new pricing
Creates and monitors standard costing metrics for both material and labor variances on a weekly basis
Analyzes changes in product design, manufacturing methods and/or materials to determine effects on cost
Meets with operations to discuss large variances from standard. Identifies reasons and remedies for variances
Creates bid proposals and pricing letters to the customer
Assists with auditing cost of sales accurately at the end of each month
Assists with cost and pricing audits with customers and government agencies
Performs any other task as requested by supervisor
Job Requirements
Bachelor’s Degree in Finance, Accounting or related field
Accounting experience preferred
Cost Accounting experience strongly preferred
Proficiency with Microsoft Office software, including expert level Excel skills.
Experience in a manufacturing environment, preferred
Proficiency with ERP/MRP System
Strong written and verbal communication skills
Demonstrated analytical ability
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Essential Duties and Responsibilities
Interfaces with all applicable departments to ensure timely and accurate bid proposals are presented to the Business Development Team and the Customer
Assists with the auditing of material quotes, labor quotes and creation of pricing forms as necessary
Reviews and analyzes technical data packages to ensure completeness and accuracy
Maintains the customer solicitation database, and maintains the daily bid scheduling tool, keeping records accurate and up to date.
Uses online quoting tool as well as email to distribute RFQs to appropriate suppliers and internal team members
Regularly meets with Business Development Managers and Senior Management to discuss new bids and recommend new pricing
Creates and monitors standard costing metrics for both material and labor variances on a weekly basis
Analyzes changes in product design, manufacturing methods and/or materials to determine effects on cost
Meets with operations to discuss large variances from standard. Identifies reasons and remedies for variances
Creates bid proposals and pricing letters to the customer
Assists with auditing cost of sales accurately at the end of each month
Assists with cost and pricing audits with customers and government agencies
Performs any other task as requested by supervisor
Job Requirements
Bachelor’s Degree in Finance, Accounting or related field
Accounting experience preferred
Cost Accounting experience strongly preferred
Proficiency with Microsoft Office software, including expert level Excel skills.
Experience in a manufacturing environment, preferred
Proficiency with ERP/MRP System
Strong written and verbal communication skills
Demonstrated analytical ability
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