Cost Analyst

The Cost Analyst will work closely with the Business Development, Engineeringand Accounting teams to provide detailed cost analysis and pricingrecommendations for new product. The Cost Analyst will also regularly monitorstandard costing metrics for material and labor for existing products andreports results and recommended revisions to management and operations.

Essential Duties and Responsibilities

• Interfaces with all applicable departments to ensure timely andaccurate bid proposals are presented to the Business Development Team and theCustomer

• Assists with the auditing of material quotes, labor quotes andcreation of pricing forms as necessary

• Reviews and analyzes technical data packages to ensurecompleteness and accuracy

• Maintains the customer solicitation database, and maintains thedaily bid scheduling tool, keeping records accurate and up to date.

• Uses online quoting tool as well as email to distribute RFQs toappropriate suppliers and internal team members

• Regularly meets with Business Development Managers and SeniorManagement to discuss new bids and recommend new pricing

• Creates and monitors standard costing metrics for both materialand labor variances on a weekly basis

• Analyzes changes in product design, manufacturing methodsand/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 ofeach month

• Assists with cost and pricing audits with customers andgovernment 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 expertlevel Excel skills.

• Experience in a manufacturing environment, preferred

• Proficiency with ERP/MRP System

• Strong written and verbal communication skills

• Demonstrated analytical ability