Cost Analyst
5 days ago
Job Summary:
Aston Martin F1 Team is seeking a highly skilled Cost Analyst - Value Stream & Process to join our Finance team. As a key member of our team, you will be responsible for leading the effort in optimizing cost efficiencies throughout the engineering and manufacturing value stream.
Key Responsibilities:
- Develop and maintain detailed value stream maps to identify key areas for cost reduction and provide financial insight to proposed process improvements
- Contribute and evaluate financial impact on initiatives to streamline manufacturing processes, and eliminate waste, with a view to reduce departmental spend
- Cross Functional Collaboration: Work closely with design, production, procurement, and quality teams to ensure integrated and cost efficient processes
- Performance Metrics: Establish and monitor key performance indicators (KPIs) to track cost efficiency and process improvements across the value stream
- Budget Management: Develop and manage budgets for value stream projects, ensuring alignment with organisational financial goals
- Risk Management: Identify and mitigate cost related risks within the value stream to ensure financial control and stability
- Support finance business partner with tracking of actual costs throughout the month, providing visibility of actual cost impact from specific products/projects
- Work with ERP development team to review and improve methods of collating and presenting cost data
- Provide KPI matrix for cost targets, measuring departments performance against budget stretch reduction commitments, challenging stakeholders where necessary
- Working knowledge of engineering processes, principles and methodologies and ability to convert these into meaningful financial data and insights
- Ability to interpret part drawings and convert to meaningful financial data
- High professional standards including quality of work, accuracy and attention to detail
- Advanced skills in Microsoft Office Suite, especially Excel and Power BI
About Aston Martin F1 Team:
Aston Martin F1 Team is a high-performing and collaborative team that is committed to attracting, recruiting, and retaining the most talented individuals, regardless of age, disability, gender identity, gender expression, gender reassignment, marital or civil partnership status, pregnancy or maternity, race, religion, belief, sex or sexual orientation. We strive to be a Team that reflects all the communities with which we engage around the world through diversity in the workplace and promoting an inclusive culture in which all team members are respected, empowered and valued.
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