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- 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 summarizing the key role responsibilities.
Responsibilities:
- Support the Estimating team with internal costs on complex projects and products. (15%)
- Costing from first principles, including material, labor, overheads, and cost-to-serve analysis. (20%)
- Analyze 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 manufacturing processes relevant to the role. Understanding how products are made will help you analyse costs more effectively and demonstrate your knowledge during interviews.
✨Tip Number 2
Brush up on your data analysis skills, especially 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. Be ready to provide examples of how you've managed these aspects in previous roles, as this will be crucial for the Cost Analyst position.
✨Tip Number 4
Network with professionals in the industry, particularly those who work in costing or financial analysis. Engaging with others can provide insights into the role and may even lead to referrals.
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 enthusiasm for 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 and how they relate to the responsibilities of the Cost Analyst role.
Showcase Your Skills: Make sure to clearly outline your skills in risk assessment and creative costing processes. Use examples from previous roles to illustrate how you've successfully managed complex bids or improved costing processes.
Tailor Your Application: Customise your application materials to reflect the key responsibilities mentioned in the job description. For instance, discuss your experience with cost-to-serve analysis and how you can support the Estimating team effectively.
How to prepare for a job interview at Jackson Hogg
✨Know Your Numbers
As a Cost Analyst, you'll be dealing with data analysis and costing processes. Brush up on your numerical skills and be prepared to discuss how you approach cost calculations, including material, labour, and overheads.
✨Understand the Manufacturing Process
Familiarise yourself with the manufacturing methods relevant to the company. Being able to discuss how these methods impact costs will show that you understand the business's commercial strengths and weaknesses.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities, especially in risk assessment and managing complex bids. Think of examples from your past experiences where you've successfully navigated similar challenges.
✨Showcase Your Communication Skills
As you'll be acting as a commercial point of contact, it's crucial to demonstrate your ability to present detailed analyses clearly. Practice explaining complex data in simple terms, as this will be key during meetings with stakeholders.
