Cost Analyst

Honda Aircraft Company, LLC•Greensboro, NC

37d

About The Position

The Cost Analyst plays a key role in executing cost management strategies across the supply chain. The Cost Analyst supports cost roll-ups and detailed cost walks, proactively manages cost risks, and prepares both periodic and ad-hoc cost reports. The ideal candidate is detail-oriented with an ability to help management make informed decisions, ensuring that financial targets are met, and strategic decisions are supported.

Requirements

Bachelor's degree from a four-year accredited university with a focus in Supply Chain Management, Industrial Engineering, or Business Administration preferred.
Minimum of 5 years’ experience in project management, cost management, or related roles.
Ability to read and interpret technical drawings.
Excellent writing ability with prior experience in presenting information to diverse audiences.
Working knowledge of Microsoft Office products. Proficiency in SAP preferred.
Self-motivated nature with an ability to work independently with minimum supervision and simultaneously manage multiple projects.
Strong interpersonal skills for building relationships with suppliers and all levels of company personnel.
Strong organizational skills with an ability to clearly and concisely present data
Ability to work in a safe and professional manner while adhering to all regulatory requirements (FAA, OSHA, DOT, EPA, State and Federal regulations, etc.).
Ability to read, hear, speak, and see with no restrictions, as required by job duties.
Ability to comprehend and adhere to management directions and/or safety instructions with no restrictions.
Ability to effectively communicate in Business English language.
Ability to pull, push, carry, lift, or move items up to 10 lbs. throughout the work shift without assistance, as required by job duties.

Nice To Haves

Previous experience in a directly related procurement, purchasing, supply chain, or project management role within aviation/aerospace manufacturing industry is preferred, but not required.

Responsibilities

Prepare detailed monthly cost reports, providing in-depth analysis of cost changes, and identifying cost variances early. Implement proactive mitigation strategies to address discrepancies, ensuring financial objectives are met.
Develop and maintain cost forecast models to track and anticipate future expenses.
Communicate cost analysis findings and recommendations to management and stakeholders.
Stay up to date on industry trends and market conditions to inform procurement decisions.
Prepare should cost for a variety of aircraft costs
Lead cross-functional teams to drive cost reduction initiatives.
Identify and lead cost reduction initiatives.
Maintain accurate and organized records of cost data and contracts.
Continuously evaluate and improve processes and procedures to increase efficiency and effectiveness.
Collaborate with other departments, such as finance and operations, to ensure alignment of procurement goals and strategies.
Provide support and guidance to other team members on cost analysis and procurement strategies.
Discovers organizational gaps that increase costs and hinder greater productivity. Analyzes the company’s processes and suggests improvements.
Stays informed about industry trends, technological advancements, and best practices to maintain the company’s competitive edge as it relates to continuous improvement and cost.
Ensures compliance with procurement guidelines, company policies, and strategic company objectives.