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Cost Analyst

iMPact Business Group

Wyoming, MI

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JOB DETAILS
SKILLS
Analysis Skills, Automotive Manufacturing, Benchmarking, Candidate Sourcing, Continuous Improvement, Cost Analysis, Cost Control, Cost Engineering, Cost Modeling, Cross-Functional, Data Analysis, Data Modeling, Database Administration, ERP (Enterprise Resource Planning), Economics, Finance, Leadership, Logistics, Machine Tool, Machining, Manufacturing, Manufacturing Analysis, Manufacturing Assembly, Manufacturing Cost, Manufacturing Operations, Manufacturing/Industrial Processes, Market Trend Analysis, Materials Analysis, Microsoft Excel, Molding Processes, Negotiation Skills, Operational Improvement, Presentation/Verbal Skills, Pricing, Problem Solving Skills, Process Analysis, Process Improvement, Product Costing, Product Development, Product Engineering, Product Programs, Product Support, Production Support, Productivity Management, Profit & Loss, Purchasing/Procurement, Reporting Skills, Risk Analysis, Sourcing Strategy, Strategic Analysis, Supply Chain, Supply Chain Operations, Team Player, Value Analysis, Value Engineering, Vendor/Supplier Evaluation, Vendor/Supplier Selection, Vendor/Supplier Sourcing
LOCATION
Wyoming, MI
POSTED
1 day ago
Cost Analyst 
Location: Pontiac, MI (Onsite)
Turn Manufacturing Data into Strategic Cost Advantages
Our client is seeking a Cost Analyst focused on purchased parts & production processes to support sourcing, product development, and cost optimization initiatives across a global manufacturing environment. This role is ideal for an analytical professional who understands manufacturing processes and enjoys uncovering opportunities to improve cost transparency, support supplier negotiations, and drive informed business decisions.
Working closely with Purchasing, Engineering, Supply Chain, and Operations teams, this position will develop detailed cost models for purchased components and manufacturing processes while identifying cost drivers, evaluating supplier quotations, and supporting value engineering initiatives. The successful candidate will combine strong analytical capabilities with practical manufacturing knowledge to influence profitability and operational performance.

Key Responsibilities
  • Develop detailed should-cost models for purchased components, raw materials, manufacturing processes, and supplier cost structures.
  • Analyze manufacturing processes including machining, molding, stamping, fabrication, assembly, and other production operations to identify cost drivers and optimization opportunities.
  • Support supplier negotiations through fact-based cost analysis and benchmarking.
  • Evaluate supplier quotations and identify opportunities for cost reduction, productivity improvements, and value enhancement.
  • Partner with Engineering teams on design-to-cost and Value Analysis/Value Engineering (VAVE) initiatives.
  • Provide cost analysis and financial input during new product development and sourcing activities.
  • Monitor and analyze raw material pricing, manufacturing costs, labor trends, and market conditions impacting supplier costs.
  • Develop cost breakdowns covering materials, labor, overhead, tooling, logistics, and supplier margins.
  • Prepare reports, presentations, and recommendations for leadership and cross-functional stakeholders.
  • Support strategic sourcing decisions through cost modeling and risk assessment.
  • Maintain cost databases, benchmarks, and historical pricing information.
  • Collaborate with Purchasing, Engineering, Finance, and Supply Chain teams to improve cost visibility and decision-making.
  • Identify opportunities for continuous improvement in cost analysis methodologies and reporting processes.
  • Support special projects and additional responsibilities as assigned.

Required Qualifications
  • Bachelor's degree 
  • 3+ years of experience in cost analysis in an automotive manufacturing environment 
  • Strong understanding of manufacturing processes and cost drivers.
  • Experience analyzing purchased components, supplier pricing, or manufacturing operations.
  • Advanced Microsoft Excel skills including data analysis, modeling, and reporting.
  • Strong analytical, problem-solving, and critical thinking abilities.


Preferred Qualifications
  • Experience with should-cost modeling and supplier cost analysis.
  • ERP system experience
  • Familiarity with global sourcing and international supply chains.
  • Experience supporting supplier negotiations and sourcing initiatives.
  • Understanding of VAVE, design-to-cost, and cost reduction methodologies.
Titles Encouraged to Apply
  • Cost Engineer
  • Manufacturing Cost Analyst
  • Should Cost Analyst
  • Strategic Sourcing Analyst
  • Procurement Analyst
  • Value Engineering Analyst
  • Product Cost Engineer

Why Consider This Opportunity?
  • Opportunity to directly influence sourcing decisions and business profitability.
  • High-visibility role partnering with Engineering, Purchasing, Finance, and Supply Chain leaders.
  • Exposure to advanced manufacturing processes and global supply chain operations.
  • Involvement in cost reduction, supplier negotiations, and product development initiatives.
  • Collaborative environment focused on continuous improvement and operational excellence.
If you're passionate about manufacturing, cost analysis, supplier economics, and data-driven decision-making, we encourage you to apply.

About the Company

i

iMPact Business Group

Working with iMPact

 

Here at iMPact we have helped connect candidates to opportunities available in Information Technology, Accounting/Finance, Engineering, and Business Process/Administration. We have full-time, part-time and contract positions available in Michigan, Florida as well as nationwide.

 

Our headquarters is located in Grand Rapids, MI and we also have an office in Tampa, FL. When you’re working with us, one of our experienced recruiters will connect you with matching opportunities and they will be there every step of the way to help you through the application, interviewing and onboarding process to ensure success.

 

To connect with one of our recruiters, submit your application for one of our open positions, or visit our website www.impactbusinessgroup.com to submit your resume for general consideration. We look forward to hearing from you!

COMPANY SIZE
100 to 499 employees
INDUSTRY
Staffing/Employment Agencies
FOUNDED
2004
WEBSITE
https://impactbusinessgroup.com

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