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- Tasks: Lead product cost analysis and develop detailed cost models for global products.
- Company: Join Vertiv, a leader in innovative technology solutions.
- Benefits: Permanent role with competitive salary and opportunities for professional growth.
- Other info: On-site role in Redhill, UK with a dynamic team environment.
- Why this job: Make a real impact by driving pricing strategies and optimising costs.
- Qualifications: 10-15 years of experience in product costing and strong collaboration skills.
The predicted salary is between 60000 - 80000 £ per year.
As a Global Product Costing Specialist, you will play a key individual contributor role within the Global Product Cost team, leveraging 10–15 years of experience in product cost and product management to drive accurate should cost models, support pricing and margin decisions, and enable design to cost and sourcing strategies. The Global Product Costing Specialist requires deep hands‑on expertise in product costing, strong cross‑functional collaboration, and the ability to translate complex cost data into clear business insights.
Location: Vertiv – Redhill, UK (On‑site role; no hybrid or WFH option available)
Duration: Permanent
Key Responsibilities
- Lead end‑to‑end product cost analysis for manufactured and sourced products across global factories.
- Develop, maintain, and validate detailed product cost models, including material, labor, overhead, logistics, and regional cost differences.
- Support new product introduction (NPI) by building cost estimates, validating targets, and tracking cost evolution through the development lifecycle.
- Partner closely with Product Management, Engineering, Procurement, Supply Chain, and Finance to ensure accurate and aligned cost data.
- Provide cost insights to support pricing decisions, business cases, and margin analysis.
- Identify and quantify cost‑out and cost optimization opportunities, including design‑to‑cost and value engineering initiatives.
- Monitor and explain product cost changes, including standard vs actual variances and their impact on profitability.
- Maintain and govern cost data within ERP systems and reporting tools, ensuring consistency and data integrity.
- Act as a subject‑matter expert for product costing, providing guidance and best practices across the organization.
Global Product Costing Specialist in Surrey employer: Vertiv
Contact Detail:
Vertiv Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Global Product Costing Specialist in Surrey
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry and let them know you're on the hunt for a Global Product Costing Specialist role. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your product costing knowledge. Be ready to discuss your experience with cost models and how you've collaborated with cross-functional teams. We want to see you shine and show us how you can drive accurate cost insights!
✨Tip Number 3
Don’t just apply anywhere; focus on roles that excite you! Check out our website for openings that match your skills and interests. Tailor your approach to each opportunity, highlighting your hands-on expertise in product costing.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Use this chance to reiterate your enthusiasm for the role and remind them why you're the perfect fit for their team.
We think you need these skills to ace Global Product Costing Specialist in Surrey
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Global Product Costing Specialist role. Highlight your 10-15 years of experience in product costing and management, and don’t forget to showcase your cross-functional collaboration skills!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain how your expertise aligns with the key responsibilities listed in the job description. Be specific about your experience with cost models and pricing decisions.
Showcase Your Analytical Skills: Since this role involves translating complex cost data into business insights, make sure to include examples of how you've done this in the past. We want to see your analytical prowess in action!
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. We can’t wait to see what you bring to the table!
How to prepare for a job interview at Vertiv
✨Know Your Numbers
As a Global Product Costing Specialist, you'll need to demonstrate your expertise in product costing. Brush up on key metrics and be ready to discuss how you've developed cost models in the past. Prepare specific examples of how your analysis has influenced pricing or margin decisions.
✨Cross-Functional Collaboration
This role requires strong collaboration with various teams. Think about times when you've worked closely with Product Management, Engineering, or Finance. Be prepared to share how you navigated challenges and ensured alignment across departments to achieve common goals.
✨Showcase Your Problem-Solving Skills
Expect questions that assess your ability to identify cost optimisation opportunities. Prepare to discuss specific instances where you've successfully implemented design-to-cost initiatives or value engineering projects. Highlight the impact these had on profitability.
✨Master the ERP Systems
Since maintaining cost data within ERP systems is crucial, make sure you're familiar with the tools used in the industry. If you have experience with specific ERP software, mention it. Be ready to explain how you've ensured data integrity and consistency in your previous roles.