A cost analyst plays a crucial role in an organization's financial health. They are responsible for examining and managing the company's expenses to ensure cost-efficiency and profitability.


•Request and compare quotations to ensure competitive pricing.
•Conduct cost analysis to assess order profitability and support pricing strategies. Cost analysts need to establish these standards and update them regularly as needed.
•Provide comprehensive financial analysis and detailed reports on expenses, including breakdowns of project costs and forecasts of remaining expenditures, while identifying opportunities for increased operational efficiency
•Track and monitor costs for new products throughout the development process, ensuring compliance with established budget parameters
•Collaborate with demand planning, finance, and logistics teams to align procurement with business needs.
•Analyze historical data and market trends to forecast costs and identify savings opportunities.
•Maintain accurate procurement records and generate reports for management review.

•1-2 years of experience in procurement and cost accounting or related role. This could include experience in supply chain.
•Bachelor’s degree in business administration, accounting, Finance, Economics, or a related field