Finance Cost Analyst

Description

Position Summary:

We are seeking a detail-oriented and analytical Finance Cost Analyst to join our team. This role is responsible for analyzing financial data related to costs, identifying cost-saving opportunities, and ensuring financial efficiency within the organization. The ideal candidate will have strong analytical skills, a solid understanding of financial modeling, and experience in cost analysis within a corporate or sourcing environment.

Duties and Responsibilities

• Conduct cost analysis and prepare reports to support business decision-making.
• Monitor cost variances and identify opportunities for cost reduction and efficiency improvements.
• Assist in developing budgeting and forecasting models.
• Perform profitability analysis on products, projects, and business operations.
• Work closely with operations, supply chain, and finance teams to track and control costs.
• Develop and maintain cost accounting systems and reports.
• Assist in setting standard costs and analyzing variances.
• Manage ocean freight, customs duties, and tariff analytics to optimize landed costs.
• Support financial planning and monthly/quarterly financial reviews.
• Ensure compliance with financial regulations, policies, and internal controls.
• Prepare and present findings to senior management.

Cultural Fit (Core Values Alignment):

• High Mission – Low Ego: The ideal candidate will be deeply committed to achieving both functional and company-wide goals while demonstrating humility and respect for their colleagues. They prioritize the success of the team and the organization over personal recognition.
• Agility: Success in this role requires the ability to thrive in a fast-paced, ever-evolving environment. The candidate must quickly adapt to shifting market conditions and business priorities while maintaining focus on key objectives.
• Collaboration: A collaborative mindset is essential. The candidate should foster strong teamwork, encourage open communication, and build partnerships across all levels of the organization to drive collective success.
• Integrity: Unwavering honesty, ethics, and transparency are non-negotiable. The candidate must cultivate trust through consistent, principled decision-making in all aspects of the business.
• Entrepreneurial Spirit: With a proactive and hands-on approach, the candidate should embrace innovation and calculated risk-taking to identify opportunities and fuel sustainable business growth.
• GRIT: The candidate must demonstrate perseverance, passion, and resilience in the face of challenges. A strong work ethic and a relentless drive to overcome obstacles and deliver results, even in complex situations, are key to long-term success.

Qualifications

Education and Experience

Minimum Requirements:

• Bachelor’s degree in Finance, Accounting, Economics, or a related field.
• 2-5 years of experience in financial analysis, cost analysis, or a similar role.
• Strong financial modeling and data analysis skills.
• Proficiency in Excel, ERP systems, and financial software (SAP, Oracle, etc.).
• Knowledge of cost accounting principles and variance analysis.
• Strong problem-solving and critical-thinking skills.
• Excellent communication and presentation skills.
• Ability to work independently and cross-functionally.