At a Glance
- Tasks: Analyse financial data to drive cost reduction and process improvement.
- Company: Join Cummins, a leader in clean engine technology with a diverse and inclusive culture.
- Benefits: Competitive salary, private medical care, pension contributions, and performance bonuses.
- Other info: Exciting opportunities for growth in a global business.
- Why this job: Make a real impact in a fast-paced environment while developing your career.
- Qualifications: Degree in a related field and strong analytical skills required.
Company Description
Cummins is a place big enough to coach and develop a global workforce and create the world’s leading clean engine technology. We’re also small enough for you to find your fit and personal passion with a team of dependable, innovative thinkers who are developing their careers within a diverse, inclusive, empowering environment.
Our Electrified Power Business Unit (EPBU) delivers reliable, durable, high performing products to our global partners. Working in an innovative space, you’ll develop high tech solutions that will fuel your advanced career skill set and empower you to own your career. Our integrated businesses demand the talents and creativity of individuals with a wide range of skills and experience.
Cummins Electrified Power are a leading provider of flexible battery solutions for demanding automotive and power applications.
Job Description
This is an exciting opportunity in Milton Keynes for an experienced Cost Analyst. You will be responsible for collecting, analyzing and presenting to the Cost Reduction Director, financial data that will influence process improvement and cost reduction activities.
Your impact will be seen in these and other ways:
- Perform and manage Cost Analysis and Optimization projects
- Identify cost reduction opportunities by analyzing BOM, current suppliers and competitor products and present findings to the business leadership team.
- Create and maintain cost reduction plan and reporting for EPBU utilizing a multi-year project roadmap covering new product development and current product.
- Utilize cost reduction tools within EPBU.
- Collaborate with sourcing, engineering and product teams to develop a cost reduction plan for current product and ensure execution of the plan.
- Assess and help optimize an integration plan across a global business the relevant systems, sourcing strategies and cost plans.
Qualifications
Skills and Experience
- Strong commercial acumen and analytical experience in the following: cost control, reporting, supply chain processes, BOM
- Experience with cost analysis tools and software
- Excellent IT skills
- Previous skills and experience in working in a fast paced engineering or manufacturing environment would be beneficial
Required Education, Licenses or Certification
- College, university or equivalent degree in a related subject matter
Compensation and Benefits
- Salary between £38,000 - £45,000 depending on experience
- BUPA private medical care for you, partner and children under 21 (taxable benefit)
- Access to Health Cash Plans such as dental, optical and physiotherapy
- Company pension (matching contributions up to 5%)
- 8% variable bonus
At Cummins, we are dedicated to diversity in the workplace and we are committed to a policy of treating all our employees and job applicants equally. No employee or potential employee will receive less favourable treatment because of any protected characteristics.
Ready to think beyond your desk? Apply for this opportunity to start your career with Cummins today.
Not ready to apply but want to learn more? Join our Talent Community to get the inside track on great jobs and confidentially connect to our recruitment team.
System Engineer employer: Cummins
Cummins is an excellent employer for aspiring Sales and Marketing professionals, offering a supportive apprenticeship programme in Darlington, UK. With a focus on employee growth, you will gain invaluable skills and experience within a major global organisation, while enjoying a collaborative work culture that champions continuous improvement and customer engagement. The opportunity to study at Darlington College alongside hands-on experience ensures a well-rounded foundation for your future career.
