Cost Analyst

Cost Analyst

Leicester Full-Time 30000 - 42000 £ / year (est.) No home office possible
J

At a Glance

  • Tasks: Support the Estimating team with cost analysis and continuous improvement.
  • Company: Join a dynamic company focused on innovation and inclusivity in manufacturing.
  • Benefits: Enjoy a collaborative culture with opportunities for growth and development.
  • Why this job: Be part of impactful projects while honing your analytical skills in a supportive environment.
  • Qualifications: Strong data analysis skills and understanding of manufacturing processes are essential.
  • Other info: We value diversity and are committed to creating an inclusive workplace.

The predicted salary is between 30000 - 42000 £ per year.

About the Company: Provide a brief introduction to the company, its mission, and culture.

About the Role: A short paragraph summarising the key role responsibilities.

Responsibilities:

  • Support the Estimating team with internal costs on complex projects and products. (15%)
  • Costing from first principles, including material, labour, overheads, and cost-to-serve analysis. (20%)
  • Analyse system data to identify exceptions, trends, and flag risks. (15%)
  • Ensure compliance with sign-off processes. (5%)
  • Manage the continuous improvement of the costing process. (10%)
  • Understand manufacturing methods and the business's commercial strengths and weaknesses. (10%)
  • Act as the commercial point of contact for the Head of Commercial Pricing, attending meetings and presenting detailed project analyses when required. (5%)

Qualifications:

Education details

Required Skills:

  • Strong background in data analysis.
  • Good understanding of manufacturing processes.
  • Experience managing complex bids.
  • Proficiency in risk assessment.
  • Skilled in developing creative costing processes.

Preferred Skills: No specific preferred skills mentioned.

Pay range and compensation package: Pay range or salary or compensation.

Equal Opportunity Statement: Include a statement on commitment to diversity and inclusivity.

Cost Analyst employer: Jackson Hogg

As a leading player in the industry, our company is dedicated to fostering a culture of innovation and collaboration, where every employee's contribution is valued. Located in a vibrant area, we offer competitive benefits, a commitment to diversity and inclusivity, and ample opportunities for professional growth, making us an excellent employer for those seeking a meaningful career as a Cost Analyst.
J

Contact Detail:

Jackson Hogg Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Cost Analyst

✨Tip Number 1

Familiarise yourself with the specific manufacturing methods relevant to the company. Understanding these processes will not only help you in your role as a Cost Analyst but also demonstrate your commitment and knowledge during interviews.

✨Tip Number 2

Brush up on your data analysis skills, particularly in relation to cost analysis. Being able to showcase your ability to identify trends and exceptions in data will set you apart from other candidates.

✨Tip Number 3

Prepare to discuss your experience with complex bids and risk assessment in detail. Be ready to provide examples of how you've managed these aspects in previous roles, as this will be crucial for the responsibilities outlined.

✨Tip Number 4

Network with professionals in the industry and seek out insights about the company's culture and mission. This knowledge can help you tailor your approach and show that you're a great fit for their team.

We think you need these skills to ace Cost Analyst

Data Analysis
Costing from First Principles
Understanding of Manufacturing Processes
Risk Assessment
Creative Costing Development
Attention to Detail
Analytical Skills
Communication Skills
Project Management
Problem-Solving Skills
Ability to Identify Trends and Exceptions
Compliance Knowledge
Continuous Improvement Mindset
Commercial Awareness

Some tips for your application 🫡

Understand the Company: Before applying, take some time to understand the company's mission and culture. This will help you tailor your application to align with their values and demonstrate your genuine interest in the role.

Highlight Relevant Experience: In your CV and cover letter, emphasise your background in data analysis and any experience you have with manufacturing processes. Be specific about your previous roles and how they relate to the responsibilities of a Cost Analyst.

Showcase Your Skills: Make sure to highlight your skills in risk assessment and creative costing processes. Use examples from your past work to illustrate how you've successfully managed complex bids or improved costing processes.

Tailor Your Application: Customise your application materials for this specific role. Use keywords from the job description, such as 'cost-to-serve analysis' and 'continuous improvement', to show that you understand the requirements and are a good fit for the position.

How to prepare for a job interview at Jackson Hogg

✨Know Your Numbers

As a Cost Analyst, you'll be dealing with a lot of data. Brush up on your data analysis skills and be prepared to discuss how you've used them in past roles. Bring examples of how you've identified trends or exceptions in data.

✨Understand Manufacturing Processes

Familiarise yourself with the manufacturing methods relevant to the company. Being able to discuss these processes will show that you understand the business's commercial strengths and weaknesses, which is crucial for the role.

✨Prepare for Scenario Questions

Expect questions that assess your problem-solving abilities, especially around cost management and risk assessment. Think of specific scenarios where you successfully managed complex bids or improved costing processes.

✨Showcase Your Communication Skills

As you'll be acting as a point of contact for the Head of Commercial Pricing, it's important to demonstrate strong communication skills. Be ready to discuss how you've presented detailed analyses in meetings and how you handle stakeholder interactions.

Cost Analyst
Jackson Hogg
J
  • Cost Analyst

    Leicester
    Full-Time
    30000 - 42000 £ / year (est.)

    Application deadline: 2027-04-22

  • J

    Jackson Hogg

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