Product Management Analyst
2 weeks ago
Job Title: Global Product Costing Intern
Location: Vertiv Redhill UK
Duration: 2 year
About Us: Vertiv is a leading Infrastructure company committed to delivering innovative solutions and products. We are currently seeking an enthusiastic and detail-oriented Product Costing Intern to join our Global Product Cost team. This internship offers a great opportunity to gain practical experience in product costing, financial analysis, and business processes within a dynamic, fast-paced environment.
Job Summary: As a Global Product Costing Intern, you will assist the product costing team in analyzing and calculating the costs of goods produced or purchased by the company across global factories. You will support the team in gathering data, building cost models, and preparing reports that provide insights into product profitability and pricing strategies.
Key Responsibilities:
- Assist in collecting, compiling, and analyzing data related to product costs, including direct materials, labor, and overhead.
- Help develop and maintain cost models and cost structures for various products, which includes new product development.
- Support the preparation of cost reports and provide recommendations for cost optimization.
- Assist in the preparation and updating of product costing spreadsheets and databases.
- Help monitor and track product cost changes and assess their impact on the overall profitability.
- Work with other departments (such as engineering, production, procurement, and sales) to ensure accurate data on product costs.
- Assist in the preparation of PowerPoint presentations and Excel reports for management review.
- Participate in the preparation of budget forecasts and financial planning for product costing.
- Maintain and update cost-related data in Power BI for real-time reporting and analytics.
- Needs to be located in Redhill office (No hybrid or WFH option is available).
Skills & Qualifications:
- Currently pursuing a degree in Engineering, Finance, Business Administration, or a related field.
- Proficiency in Microsoft Excel (advanced functions such as pivot tables, VLOOKUP, and formulas).
- Proficiency in Microsoft Outlook for communication and scheduling.
- Strong knowledge of Microsoft PowerPoint for creating presentations.
- Basic experience or familiarity with Power BI is a plus.
- Strong analytical and problem-solving skills.
- Excellent attention to detail and ability to work with complex data sets.
- Good organizational and time management skills with the ability to prioritize tasks.
- Ability to communicate clearly and effectively with team members and other departments.
- A proactive attitude, willingness to learn, and the ability to work independently.
Preferred Qualifications:
- Some prior experience or coursework in product costing, financial analysis, or business operations is a plus.
- Knowledge of ERP systems (e.g., SAP, Oracle) is a plus but not required.
What We Offer:
- Hands-on experience in financial analysis and product costing.
- Exposure to industry-standard tools and software (Excel, Power BI, ERP systems).
- Mentorship and career development opportunities within the company.
- A dynamic, collaborative work environment where your contributions will make a real impact.
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