Cost Analyst

MultiTech is looking for a Cost Analyst to join our team!

Main Duties & Responsibilities:

• Maintain a thorough, accurate and complete record of actual and expected product cost.
• Execute monthly cost rollup in ERP system and highlight reasons for cost changes.
• Prepare cost estimates of products not yet included in ERP.
• Solicit and negotiate quotes for manufacturing subcontract services for custom products.
• Analyze and compare cost differences for alternative manufacturing options.  Identify opportunities and make recommendations for cost improvements (without compromising quality).
• Ensure historical record of manufacturing subcontract costs center and accounts are correct.
• Track, report out and interpret costing trends to help leadership understand business impact and plan accordingly.
• Maintain history of pricing, terms and similar commercial information submitted to customers.
• Prepare and analyze monthly cost variance and inventory reports.
• Respond to commercial requests from customers (new and existing, updating pricing).
• Ensure that ERP customer price tables are updated and complete.
• Establish and maintain good relationships throughout, with other team members and with key external partners such as customers and subcontract manufacturers.

Secondary duties:

• Research goods & services; quality, specifications, price, availability, delivery, freight.
• Facilitate accurate and effective communications between purchase requestor and vendor, to ensure expectations and requirements are fulfilled.
• Keep a record of sustainability information supplied from vendors and to customers.
• Produce & analyze cost variance reports.

Required Knowledge, Abilities and Skills:

• Bachelor's degree in business administration, operations, or other applicable field; equivalent applicable experience considered.
• 2-5 years of work experience in operations and/or production cost analysis in a manufacturing environment required; technology manufacturing experience preferred.
• Organized, methodical and thorough in compiling and analyzing data, and in maintaining records.
• Excellent English language written and verbal communication skills.
• Vietnamese, Chinese or Japanese language skills would be an asset.
• Strong understanding of manufacturing costs and cost accounting.
• Excellent computer skills and knowledge of Microsoft programs (Excel).
• Excellent time management and multi-tasking skills, and a habit of meeting deadlines. Ability to manage multiple priorities with minimal supervision.
• Ability to work with multiple business functions.