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 28800 - 48000 £ 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
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 role. Understanding these processes will not only help you in interviews but also demonstrate your genuine interest in the position.
✨Tip Number 2
Brush up on your data analysis skills, particularly in relation to cost analysis. Being able to discuss how you've used data to identify trends or exceptions in past roles can set you apart from other candidates.
✨Tip Number 3
Prepare to discuss your experience with complex bids and risk assessment. Think of specific examples where you've successfully managed these aspects, as this will showcase your capability to handle the responsibilities of the role.
✨Tip Number 4
Network with professionals in the industry, especially those who work in costing or commercial pricing. Engaging in conversations can provide insights into the role and may even lead to referrals, increasing your chances of landing the job.
We think you need these skills to ace Cost Analyst
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 achievements in managing complex bids and developing creative costing processes.
Showcase Your Skills: Make sure to clearly outline your skills in risk assessment and your ability to analyse system data. Use examples from previous roles to illustrate how you've successfully identified trends and flagged risks.
Tailor Your Application: Customise your application to reflect the responsibilities listed in the job description. Mention your understanding of costing from first principles and your commitment to continuous improvement in the costing process.
How to prepare for a job interview at Jackson Hogg
✨Understand the Company and Its Culture
Before your interview, take some time to research the company’s mission and values. Understanding their culture will help you align your answers with what they value most, showing that you’re a good fit for their team.
✨Showcase Your Data Analysis Skills
As a Cost Analyst, your ability to analyse data is crucial. Be prepared to discuss specific examples of how you've used data analysis in past roles, particularly in identifying trends or exceptions that led to improved decision-making.
✨Demonstrate Your Knowledge of Manufacturing Processes
Since the role requires a good understanding of manufacturing methods, brush up on relevant processes and be ready to discuss how they impact costing. This will show your potential employer that you can effectively contribute to their projects.
✨Prepare for Scenario-Based Questions
Expect questions that ask you to solve hypothetical problems related to costing and risk assessment. Practising these scenarios will help you articulate your thought process clearly and demonstrate your problem-solving skills during the interview.