Cost Analyst

  • Full Time
  • United States
  • Salary Guide: £25,000 - £40,000

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Ti Automotive Limited

Category: Accountancy:Purchasing, Size: 11-50

Cost Analyst: Ti Automotive Limited

To support its growth Ti Automotive Limited is looking for a new member to join its team in a supportive and friendly environment. This role will suit a self-motivated individual who can work with minimum supervison. The successful applicant will have good interpersonal and communication skills, and will be open to new learning and ideas. Please visit the website for further information about this role.

Position: Cost Analyst
Location: United States
Hours: Full Time
Salary Guide: £25,000 – £40,000
Last Updated: 03 August 2022
Job Category: Accountancy:Purchasing

Cost Analyst Role:

Collecting and analyzing financial data. Estimating costs and comparing budgets with actual expenses. Monitoring costs after significant changes in products or processes.

Other Duties:

  • Gather and analyze financial data
  • Determine standard costs and investigate variances with actual costs
  • Prepare detailed reports, both periodically and ad-hoc
  • Help management make important decisions based on costs and benefits (e.g. investments, market growth, pricing changes)
  • Create and manage budgets, and monitor spending
  • Conduct audits on financial processes and transactions
  • Monitor changes in processes or methods to calculate effects on overall costs
  • Estimate product costs for existing and new products
  • Forecast and analyze costs of processes, labor and inventory
  • Suggest cost-reducing or profitable solutions
  • Conduct market research to support future business planning

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