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Product Cost Analyst

Company Name:
Open Systems, Inc
We are looking for assistance in hiring a Product Cost Analyst with an engineering background and with good forecasting skills. This role will start as contract and eventually convert to direct if there is a fit. We have seen a heavy influx of accounting and mortgage loan analyst applicants to our posting, which is something we are looking to stay away from. This person should be a nice balance of engineer and financial/forecasting analyst with (3-5 years relevant experience).
Basic Function:
Assists with day-to-day financial planning tools, costing, pricing and contract administration in order to ensure profitable growth. Provide support of market, business and financial data, reports, and documentation for customer base as it relates to overall product and cost management.
Accountabilities:
Provides documentation for program cost estimates, analysis, changes, costs impacts, budget tracking and planning support.
Assists with annual business plan and mid-term plan development in conjunction with Engineering, Program Management and Sales.
Updates data in financial planning tools (PBS Project Balance Scorecard, MTP, BP, E/C/A-Grades, etc.) as required.
Assists in creating basic quotation packages with input from Product Manager and other Program Managers.
Conducts financial product cost modeling per company financial structures.
Assists with cost improvement and Design to Cost meetings with interaction from PM, Engineering, Purchasing, and Sales teams when required.
Supports and assists with costs, volumes, Engineering development summaries, price and price trends for all products in business plan.
Performs other related duties as assigned.
Qualifications:
Bachelors degree in Business, Finance, Engineering or related field.
Minimum of three (3) years related experience in a business environment.
Familiarity in developing quotations and understanding cost development.
Basic understanding of business practices, Business Planning, and cost accounting.
Proficiency with MS Word, PowerPoint, Outlook and Windows based databases. Advanced proficiency with Excel.

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