Manufacturing Cost Analyst

Aminov Search Partners

Farmington, CT

JOB DETAILS
SALARY
$75,000–$75,000 Per Year
SKILLS
Analysis Skills, Assembly Line, Benchmarking, Bridge Building, Business Administration, Civil Engineering, Comparative Analysis, Cost Analysis, Cost Control, Cost Effectiveness Analysis, Cost Reporting, Data Analysis, Data Collection, Expense Analysis, Financial Analysis, Financial Management, Financial Strategy, Identify Issues, Industrial Engineering, Leadership, Localization, Manufacturing, Manufacturing Analysis, Manufacturing Cost, Manufacturing Engineering, Mechanical Engineering, Metal Manufacturing, Organizational Skills, Performance Metrics, Power BI, Process Improvement, Production Costing, Progress Reports, Project Development, Project Engineering, Project Execution, Project Planning, Project/Program Management, Risk, Risk Analysis, SAP BusinessObjects Business Intelligence (BI), Time Management, Variance Analysis
LOCATION
Farmington, CT
POSTED
6 days ago

In this crucial role, you'll dive deep into production expenses, benchmarking effectiveness, and enhancing cost-efficiency across diverse manufacturing lines. Serving as a pivotal bridge between production, engineering, financial oversight, and global facilities, you'll ensure clear visibility into costs, pinpoint financial drivers, and spearhead initiatives to reduce expenses. Your responsibilities will include both immediate cost tracking and shaping long-term strategies, such as process improvements and localization efforts.

Expense Analytics & Optimization

- Examine and interpret monthly production cost reports to spot discrepancies, identify key issues, and propose corrective frameworks.
- Conduct comparative analyses of assembly and fabrication expenses with leading facilities.
- Outline the cost and time differences with leading plants, crafting project-based tactics to bridge these gaps.
- Set and uphold cost-per-hour objectives for fabrication operations, spearheading efforts to meet these benchmarks.
- Analyze monthly manufacturing overhead computations with Controlling, summarizing pivotal changes and risk factors.

Stakeholder Engagement & Communication

- Direct monthly reviews with each lead facility to assess production expenses, performance metrics, and project developments.
- Coordinate cross-team meetings with stakeholders tasked with cost management and project execution.
- Investigate cost measures through data collection and analysis, undertaking necessary follow-up.
- Deliver updates on cost and project performances to senior management, covering all related product lines.

Project Support & Execution

- Assist project engineers by conducting financial impact evaluations for localization initiatives.
- Manage and execute multiple simultaneous improvement, cost-optimization, and localization projects, ensuring timely completion and financial benefits.
- Develop comprehensive project plans including scope, timelines, risk evaluations, and financial strategies; track and report progress to senior leadership.

Qualifications

- 1–3 years in cost analysis, production engineering, or process optimization, preferably in a sheet metal fabrication setting.
- Expertise in cost evaluation, variance analysis, and manufacturing performance indicators.
- Strong project management proficiency, with experience steering cross-location projects and stakeholder meetings.
- Proficient in advanced Excel operations (PivotTables, Power Query); experience with SAP and Power BI is advantageous.
- Excellent analytical, organizational, and communication capabilities; readiness to engage on the shop floor and travel when needed.

Educational Background

Bachelor's degree in disciplines like Industrial Engineering, Mechanical Engineering, Manufacturing Engineering, Business Administration with an operational focus, or an equivalent qualification.

About the Company

A

Aminov Search Partners