Cost Engineer

Responsibilities

• Coordinates with operation leaders to drive best practices, monitor cost performances, and work with operations’ teams to optimize cost strategies.
• Improves financial status by analyzing costs results and variances; identifying trends; recommending actions.
• Increases productivity by developing automated applications; eliminating duplications; coordinating information requirements.
• Prepares and assemble the specific cost and operational efficiency reports and solutions for operations management presented at the monthly business review meetings.
• Partner with business stakeholders to prepare and consolidate Capital Expenditure proposals and present to senior management for review and approval.
• Prepare complete cost of manufacturing figures to support the Annual Plan, Mid-year Review and Forecast processes by providing guidance, support and analytics to management for respective production areas.
• Conduct ad-hoc reporting and analysis (e.g., performance deviations) required for respective plant management.
• Participate or manage projects (if required) for cost reduction efforts (including scope of IT related projects) to support respective production area.
• Support accurate reporting of cost of manufacturing by providing timely and accurate accrual information relative to the respective production area.
• Provide reasonable and reliable new product cost estimates for basis in determining new business opportunities.