Job Description

Job Description

About the Role:

The Cost Management Analyst plays a crucial role in the manufacturing sector by providing detailed analysis and insights into cost structures and financial performance. This position is responsible for identifying cost-saving opportunities and ensuring that the organization operates within budgetary constraints. The analyst will collaborate with various departments to gather data, analyze trends, and develop reports that inform strategic decision-making. By leveraging financial modeling and forecasting techniques, the Cost Management Analyst will contribute to the overall efficiency and profitability of the manufacturing processes. Ultimately, this role is essential for driving continuous improvement and supporting the company's financial health.

Minimum Qualifications:

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
• Proven experience in cost analysis or financial analysis within a manufacturing environment.
• Strong proficiency in Excel and financial modeling techniques.

Preferred Qualifications:

• Master's degree in Finance or a related field.
• Experience with ERP systems and data analysis software.
• Professional certification such as CMA (Certified Management Accountant) or CPA (Certified Public Accountant).

Responsibilities:

• Conduct detailed cost analysis to identify areas for improvement and cost reduction.
• Prepare and present financial reports and forecasts to management and stakeholders.
• Collaborate with cross-functional teams to gather data and insights for cost management initiatives.
• Monitor and analyze manufacturing costs, including labor, materials, and overhead.
• Develop and maintain cost models to support budgeting and financial planning processes.

Skills:

The required skills for this role include strong analytical abilities, which are essential for interpreting complex financial data and identifying trends. Proficiency in Excel is utilized daily to create financial models and perform in-depth cost analysis. Effective communication skills are necessary for presenting findings and collaborating with various departments to implement cost-saving measures. Additionally, familiarity with ERP systems enhances the ability to track and analyze costs efficiently. Preferred skills, such as advanced financial modeling and certification, further empower the analyst to provide strategic insights that drive the company's financial success.

Compensation & Benefits

• Robust health, vision, and dental plans.
• Competitive market salary.
• Vacation plans and paid time off.
• Retirement and matching 401K.
• Family and life insurance options.

Foxconn is an equal-opportunity employer that is committed to diversity and inclusion in the workplace. Foxconn prohibits discrimination and harassment of any kind and provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, gender, religion, sex, sexual orientation, ethnicity or national origin, age, disability, marital status, genetics, pregnancy, or any other protected characteristic as outlined by federal law. In addition to federal law requirements, Foxconn complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.