Cost Analyst

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Job Title : Cost Analyst - Supply Chain & Procurement

Position Overview :

Our client, a leading player in the aviation and manufacturing sector, is seeking an experienced Cost Analyst to support cost management initiatives across the supply chain. This role is critical in driving financial visibility, managing cost risks, and enabling strategic decision-making through accurate reporting and data analysis. The ideal candidate will have a strong analytical background, a proactive mindset, and the ability to communicate insights clearly to leadership and cross-functional teams.

Key Responsibilities :

• Develop and deliver detailed monthly cost reports, identifying trends, explaining variances, and recommending corrective actions to ensure financial goals are achieved.
• Build and maintain cost forecasting tools to support short and long-term financial planning.
• Analyze cost data related to manufacturing, materials, and procurement; offer actionable recommendations to stakeholders.
• Conduct "should cost" analyses for a variety of components and services within aerospace programs.
• Lead or contribute to cross-functional cost optimization projects focused on increasing efficiency and reducing spend.
• Maintain accurate documentation for cost data, supplier agreements, and relevant contracts.
• Drive continuous improvement by assessing current processes and suggesting streamlined solutions.
• Collaborate with departments such as operations, engineering, and finance to align cost strategies with broader business objectives.
• Mentor team members in cost analysis practices and support procurement strategy development.
• Identify operational inefficiencies or process gaps that lead to excess costs and propose strategic improvements.
• Stay current with market trends, cost drivers, and industry benchmarks to inform strategic purchasing decisions.
• Ensure compliance with internal policies, procurement standards, and applicable regulatory requirements.

Qualifications :

Technical Skills :

Physical and Work Environment Requirements :