Cost Analyst

Cost Analyst

Livingston Full-Time 28800 - 48000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Analyse cost data, prepare reports, and support financial decisions.
  • Company: Join JBT Corporation, a leader in sustainable food solutions.
  • Benefits: Enjoy 33 days annual leave, private healthcare, and a matched pension scheme.
  • Why this job: Be part of an inclusive team culture that fosters growth and collaboration.
  • Qualifications: Degree in Finance or related field; strong analytical skills required.
  • Other info: Entry-level position with opportunities for development and career growth.

The predicted salary is between 28800 - 48000 £ per year.

Overview …

Cost Analyst

Livingston

At JBT Marel, what we do matters, we know that the contribution of our employees leads to the success of our business.

Our purpose is to transform the future of food; this guides our vision of being the leading partner in solutions for a sustainable food industry.

Our values show who we are at our best. As we Create with Collaboration – Serve with Integrity – Grow with Excellence – Advance with Innovation.

The Opportunity …

We are seeking a detail-oriented and analytical Cost Analyst to join our finance team at our site based in Livingston. The successful candidate will play a critical role in analysing cost structures, providing insights, and supporting financial decision-making processes. This position requires strong analytical skills and the ability to work collaboratively with cross-functional teams.

On a given day, you may:

  • Analyse cost data and prepare detailed reports to support business decisions.
  • Collaborate with Operations, Stores and Logistics and our Buyers to identify cost-saving opportunities
  • Monitor and report on budget variances and financial performance.
  • Assist in the preparation of financial forecasts and budgets.
  • Provide cost analysis for new projects and initiatives.
  • Support month-end and year-end closing processes.
  • Ensure compliance with financial regulations and standards.
  • Inventory management – support our Stores team with the cycle count program and help investigate with any variances.

Requirements for the role:

  • Degree in Finance, Accounting, Business Administration, or related field.
  • Proven experience as a Cost Analyst or similar role in any industry
  • Strong analytical and quantitative skills.
  • Proficiency in Microsoft Excel and financial modelling.
  • Excellent communication and interpersonal skills
  • Ability to work independently and as part of a team.
  • Knowledge of ERP systems is a plus.
  • Experience in systems like Tableu and Power BI management reporting tools to help the business create trackers and analyse the data

Why work at JBT …

We are committed to our employees and will provide you with development and opportunities to allow you to be the best version of yourself at work, at home, and in your community.We foster a genuine inclusive team culture enjoying collaborative working across our global teams to deliver world-class projects.We encourage development ensuring new experiences and challenges at JBT to feed your growth!

Benefits:

An attractive basic salary – 33 days annual leave – Access to Private Health Care – Salary Sacrifice pension matched to 8% – Retail Discount Scheme – Group Life Insurance – Employee Assistance Program – Access to our Health & Well being platform

Commitment to Diversity: Diversity, Equity, Inclusion, and Belonging is a fundamental value to JBT and critical to our future success. A thoughtful, focused, and sustained effort to work towards our DEIB goals is not just a principled choice, but also a business imperative.

Equal Opportunity Employment:

John Bean Technologies Corporation (\”JBT\”) provides equal employment opportunity to all employees and qualified applicants for employment. We will not tolerate any form of discrimination against any employee or applicant for employment because of race, color, religion, national origin, sex, sexual orientation, gender identity, age, disability, veteran status, citizenship, or any other characteristic protected by applicable federal, state, or local laws. At JBT, we apply this policy to all our employment practices, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, benefits, and training. We make hiring decisions based solely on qualifications, merit and business needs at the time. JBT will reasonably accommodate applicants who need adjustments to participate in the application or interview process. If you require assistance or accommodation during the application process, please speak to your local HR or Talent Acquisition contact.

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Cost Analyst employer: JBT Corporation

At JBT Corporation, we pride ourselves on being an exceptional employer, offering a supportive and inclusive work culture that values collaboration and innovation. Located in Livingston, our team enjoys a range of benefits including 33 days of annual leave, private healthcare, and a commitment to employee development, ensuring that you can thrive both professionally and personally. Join us to be part of a mission-driven organisation dedicated to transforming the future of food while fostering your growth and well-being.
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Contact Detail:

JBT Corporation Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Cost Analyst

Tip Number 1

Familiarise yourself with JBT Corporation's mission and values. Understanding their commitment to sustainability and collaboration will help you align your responses during interviews, showcasing how your personal values resonate with theirs.

Tip Number 2

Brush up on your analytical skills, particularly in financial modelling and Excel. Being able to demonstrate your proficiency in these areas during discussions can set you apart from other candidates.

Tip Number 3

Network with current or former employees of JBT Corporation on platforms like LinkedIn. They can provide valuable insights into the company culture and the specifics of the Cost Analyst role, which can be beneficial for your interview preparation.

Tip Number 4

Prepare examples of how you've successfully collaborated with cross-functional teams in the past. This is crucial for the Cost Analyst position, as teamwork is a key aspect of the role at JBT Corporation.

We think you need these skills to ace Cost Analyst

Analytical Skills
Attention to Detail
Financial Modelling
Proficiency in Microsoft Excel
Cost Analysis
Budgeting and Forecasting
Communication Skills
Interpersonal Skills
Collaboration with Cross-Functional Teams
Knowledge of ERP Systems
Experience with Tableau
Experience with Power BI
Problem-Solving Skills
Inventory Management

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Cost Analyst role. Emphasise your analytical skills, proficiency in Microsoft Excel, and any experience with financial modelling or ERP systems.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the food industry and your understanding of JBT Corporation's mission. Mention specific examples of how your previous work has prepared you for this role and how you can contribute to their goals.

Highlight Collaborative Experience: Since the role requires collaboration with cross-functional teams, include examples in your application that demonstrate your ability to work effectively with others. This could be through projects, team achievements, or problem-solving scenarios.

Showcase Analytical Achievements: Provide concrete examples of past achievements where your analytical skills made a significant impact. This could include cost-saving initiatives, successful budget management, or insightful financial reports that influenced decision-making.

How to prepare for a job interview at JBT Corporation

Know Your Numbers

As a Cost Analyst, you'll be expected to analyse cost data and prepare detailed reports. Brush up on your financial modelling skills and be ready to discuss how you've used data to support business decisions in the past.

Collaborate Effectively

This role requires working closely with cross-functional teams. Prepare examples of how you've successfully collaborated with others, particularly in identifying cost-saving opportunities or managing budgets.

Demonstrate Analytical Skills

Be prepared to showcase your analytical skills during the interview. You might be asked to solve a case study or provide insights based on hypothetical cost scenarios, so practice articulating your thought process clearly.

Showcase Your Tech Savvy

Familiarity with tools like Microsoft Excel, Tableau, and Power BI is crucial. Be ready to discuss your experience with these tools and how you've used them to create trackers or analyse data in previous roles.

Cost Analyst
JBT Corporation
Location: Livingston
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