Senior Cost/Price Analyst Job Vacancy in Food Management Search Kalamazoo, MI – Updated today
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Company Name : Food Management Search
Location : Kalamazoo, MI
Position :
Job Description : Our client is a global leader in their field and for over 50 years, they have engineered the success of their customers in a wide range of diversified industrial markets. Due to their strong foundation, our client is able to stay competitive and ahead in today’s global markets. With their core values of a Winning Culture, Passionate People, Valued Customers and Engaged Leadership; they have nurtured a culture which emphasizes a commitment to excellence and integrity. Every day they are taking action to create a safety-first workplace, improve the business and strengthen our communities. Team members enjoy a working in a culture that is high performing and collaborative with an operation that includes an onsite gym and cafeteria. Their generous benefits package includes a highly competitive compensation package, 401k, bonuses and 14 paid holidays.
As the Senior Cost/Price Analyst you will apply principles of cost accounting to collect and analyze variety of historical and estimated cost and pricing data. You will prepare and analyze production cost performance data and utilize diverse and complex databases, program knowledge, and historical data to prepare bids and cost proposals that are economically feasible and competitive.
Remote, hybrid, or in office.
Job Responsibilities:
Performs risk analyses and negotiates business proposals
Develops basis of estimate, with others, for diverse and complex products and services by collecting historic and estimated operational data in order to provide cost information necessary for preparation and negotiation of proposals.
Develops cost proposal rationale, cost breakdowns, and supporting data by determining the information required by the company and the customer. Identifies factors required to provide cost and price information data.
Provides analyses of cost data and makes recommendations to management regarding price. Analyzes varied and complex cost data to determine projected profits or potential losses. Performs risk analysis as needed.
Represents the company in contract negotiations by providing information and influencing the process in the best business interest of the company.
Ensures compliance with federal, state and other related pricing laws, regulations and guidelines to minimize legal and financial exposure.
Guides cost analysis process by providing information on trends and forecasts; explaining processes and techniques; and recommending actions.
Applies continuous improvement techniques and methods to internal processes and systems. May lead or be assigned to a special project team.
Analyzes proposed changes in methods and materials.
Provides make or buy analyses for major components.
Analyzes actual manufacturing costs and prepares periodic reports comparing standard costs to actual production costs.
May provide leadership to others in cost/price or related areas or on a business team.
Acts as prime contact on high level projects.
Trains and mentors less experienced employees. Drives process improvements within the pricing function, to streamline the quoting and reporting process to assure that turn times meet internal/external customer expectations.
Education and Experience:
Bachelor’s degree (BA) in Accounting, Business Administration, or a related field, or an equivalent combination of education and experience which has provided both theoretical and practical knowledge in the field.
Experience in a manufacturing organization, where there is a complexity of machining, assembly, and other vertically integrated processes; experience with complex bill of materials for similar types of products and assemblies – are both highly preferred.
Thorough knowledge of accounting principles, laws, and regulations, including Cost Accounting Standards (CAS) and/or Federal Acquisition Regulations (FAR).
Knowledge of industry practices, regulations, and policies.
Ability to effectively assess and implement continuous improvement principles and techniques. Proficient with automated estimating, pricing, and accounting systems, pricing spreadsheet and database applications, and standard business applications software.
Ability to respond to questions from management and customers, and respond to inquiries or complaints from customers, regulatory agencies, or members of the business community. Ability to define problems, collect data, establish facts, and draw valid conclusions.
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