Cost Analyst

Reporting to the location Costing Manager the primary role of the Cost Analyst is to prepare and maintain the master costing sheet and the customer compensation sheets for Level 2+ tenders in accordance with the scope of work and commercial requirements.

The Cost Analyst will use historical commercial data and commercial intelligence to develop cost estimates for Level 2+ tenders, as well as Liaise with Sourcing and the Vendor community to obtain quotations, ensuring the quotations are accurate, valid, and competitive.

Job Description:

• Obtain costs for each element on the scope of supply, either via historical data or obtaining quotations.

• Develop and maintain close working relationships with the supporting functions that provide input into the costing processes (e.g. Engineering, Finance, Tax, Sales, Logistics, Manufacturing, Supply Chain).

• Ensure all elements of the scope of work have been covered in the costing spread sheet.

• Ensure all costs required to deliver the project are included in the project’s cost of sales.

• Ensure any capital expenditure required to deliver the project is communicated to the sales and tender lead for management approval.

• Review all quotations received from 3rd party vendors for compliance with the costing instructions.

• Review all incoming costs for completeness and compare with similar/recent benchmarks to ensure competitiveness.

• Conduct challenges to the costing, when necessary or at the request of the Costing Manager, Tender Lead or Sales Lead.