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Cost analyst

Cost analyst

ConfidentialBengaluru / Bangalore
8 days ago
Job description

Primary Responsibilities

  • Support the development and maintenance of should-cost models across key commodity categories including plastics, metals, electronics, and assemblies.
  • Collaborate with the Senior Analyst and cross-functional teams to gather data inputs (BOMs, 3D models, supplier quotes) required for cost modeling and analysis.
  • Prepare detailed cost breakdowns, validate supplier cost inputs, and format findings for review by Engineering, Procurement, and Finance.
  • Assist in tracking cost-saving opportunities through data analytics, dashboards, and supplier benchmarking.
  • Maintain internal cost databases, libraries, and documentation to ensure consistency and data accuracy across global programs.

Tasks and Responsibilities

  • Collect and analyze cost data (materials, labor, overheads) from suppliers and internal systems.
  • Format and prepare parametric model inputs in tools like  aPriori  , Excel, or similar tools.
  • Support the documentation of modeling assumptions, outputs, and change logs.
  • Conduct price variance and cost trend analysis to identify anomalies or opportunities.
  • Assist in preparing reports and presentations for senior leadership and sourcing teams.
  • Help monitor commodity price indices and update standard rates in the cost models.
  • Coordinate with Engineering, R&D, and Procurement teams to ensure timely flow of technical and commercial data.
  • Knowledge

  • Basic understanding of manufacturing processes for plastics, metals, electronics, and assemblies.
  • Familiarity with interpreting technical drawings, BOMs, and process routings.
  • Exposure to cost analysis or sourcing-related roles in a manufacturing environment.
  • Proficiency with MS Excel (lookup formulas, pivot tables), and ability to work with large datasets.
  • Awareness of supply chain structures and common cost drivers across direct material categories.
  • Skills and Competencies

  • 3+ years of relevant experience in sourcing analytics, cost engineering support, or procurement operations.
  • Exposure to tools like  aPriori  , SAP, or PLM / CAD systems (SolidWorks / Creo) is a plus.
  • Detail-oriented with strong analytical and data management skills.
  • Good communication skills, capable of interacting across teams and geographies.
  • Willingness to learn and grow into more advanced modeling and supplier-facing roles.
  • Ability to manage multiple priorities and timelines with minimal supervision.
  • Education and Certifications

  • Bachelor s degree in Engineering (Mechanical or similar) or equivalent technical discipline.
  • Lean Six Sigma is preferred.
  • Certification or coursework in Excel, cost modeling, or procurement analytics is a plus.
  • Skills Required

    Excel, Bom Analysis

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    Cost Analyst • Bengaluru / Bangalore

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