JOB SUMMARY:
The Cost Control Analyst is responsible for analyzing and reporting on costs associated with cost efficiency and continuous improvement initiatives to ensure costs are controlled, monitored, and reported accurately. Prepare cost reports and financial updates for project stakeholders, and present analysis of cost performance, highlighting areas of concern and recommending correct actions as needed. Responsible for implementing best practices to assist with enhancing the efficiency and effectiveness of cost monitoring and management activities.
PRINCIPAL DUTIES/RESPONSIBILITIES (ESSENTIAL FUNCTIONS):
Responsible for the analysis of labor and materials for supported business unit and supports the explanation of variances.
Responsible to analyze and assist in the explanation the actual results against these targets and assist in the communication between the business unit and Cost Control Management.
Working knowledge of the process of creating business plans involving cost at the facility. This would encompass new business, existing business and outsourcing situations.
Assist the supported business unit with brainstorming new process changes to support cost reduction initiatives with minimal supervision. Assist with the cost control strategies to optimize project or operational expenses.
Assist in defining improvements and/or validation of those improvements to the current system. Responsibilities also include process documentation within this responsibility.
NON-PRINCIPAL DUTIES/RESPONSIBILITIES (NON-ESSENTIAL FUNCTIONS) :
None
MINIMUM REQUIRED QUALIFICATIONS:
Bachelors degree in finance, business administration or technical/analytical related field or equivalent amounts of directly related experience for education.
(2 years of directly related experience 1 year towards degree requirement)
Understanding of cost management, budgeting, and financial analysis preferably in manufacturing environment
Proficient in Microsoft Office, specifically Excel
Understanding of cost management processes and cost structures in manufacturing
Strong analytical and problem-solving skills
Understanding of project cost and budgeting procedures
Excellent communication and interpersonal skills, with the ability to collaborate effectively across departments and cultures.
Desire to work in a fast-paced and dynamic environment.
ADDITIONAL DESIRED QUALIFICATIONS:
Experience in Manufacturing business (preferred is Aerospace)
Bilingual in English and French
WORKING CONDITIONS:
Primarily office environment, but within the large campus there would be frequent visits to other departments which includes visits to other buildings, hangars & the physical aircraft itself. Potential for overnight travel.
