Cost Analyst

4 weeks ago

Newport, Newport, United Kingdom Aston Martin Aramco Formula One Team Full time

We are seeking a highly skilled Cost Analyst to join our Finance team at Aston Martin Aramco Formula One Team. As a key member of our team, you will play a crucial role in optimizing cost efficiencies throughout the engineering and manufacturing value stream.

Key Responsibilities:
  • Cost Analysis: Perform in-depth cost analysis across the entire value stream, identifying cost drivers, inefficiencies, and opportunities for savings.
  • 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 organizational financial goals.
  • Risk Management: Identify and mitigate cost-related risks within the value stream to ensure financial control and stability.

As a Cost Analyst, you will work closely with our finance business partner to track actual costs throughout the month, providing visibility of actual cost impact from specific products/projects. You will also work with our ERP development team to review and improve methods of collating and presenting cost data.

Key skills and qualifications include:

  • Advanced skills in Microsoft Office Suite, especially Excel and Power BI.
  • Working knowledge of engineering processes, principles, and methodologies.
  • Ability to interpret part drawings and convert to meaningful financial data.
  • High professional standards, including quality of work, accuracy, and attention to detail.

We offer a competitive salary and benefits package, as well as opportunities for professional growth and development. If you are a motivated and detail-oriented individual with a passion for cost analysis and process improvement, we encourage you to apply for this exciting opportunity.

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