Cost Planning Analyst

Job Description

Job Summary:

As a Cost Planning Analyst, the most important thing is to maximize profits. To do that, you will oversee project costs, and lead cross-functional initiatives to enhance product performance and profitability. Your responsibilities will include managing product life cycles, coordinating production and logistics strategies, and driving new business development.

You will play a critical role in developing and executing long-term business plans, aligning with DENSO’s Global Headquarter goals, and presenting data-driven proposals to senior leadership. To adjust market changes or political issues quickly, sometimes you will make short-term strategy for tariff or semi-conductor shortage. Also, you will evaluate market and competitor data to get new business.

Key Responsibilities:

• Plan product specifications and pricing, and coordinate actions for effective execution collaborating with business units and each function like sales, purchasing dept. and technical center.
• Monitor, analyze, and forecast project costs, including labor and materials, ensuring that project budgets align with company objectives.
• Identify, prioritize, and develop plans for product and service improvements, including resource allocation, budget creation.
• Actively engage with manufacturing strategies by managing end of product life cycles, assess demand and capacity, analyze costs for in-house vs. outsourcing and identify best production site of new products.
• Improve product profitability short-term market trend
• Initiate new business strategies, sales expansion, and mid/long-term structural improvement through Analyze market and competitor data with sales, and technical center.
• Utilize comprehensive knowledge of company operations to create sales expansion plans and support a proactive approach to market shifts.
• Actively engage in a broad spectrum of management challenges focused on enhancing business performance and profitability.
• Prepare and present data-driven strategic proposals to senior leadership.
• Understand Global Headquarter (GHQ) goals for profitability and create recommendation and action plans to enhance profitability in North America
• Develop optimal solutions by thoroughly integration quality, cost and deliver (QCD) considerations in collaboration with various internal departments.
  
  

Required Qualifications:

• 0-3 years of relevant experience in strategic planning, product management, cost analysis, preferably in manufacturing.
• Bachelor's degree in Business, Finance, Engineering, or a related field.
• Understanding of financial principles related to cost analysis, budgeting, and profitability enhancement.
• Mathematical and analytical skills with a proven ability to interpret data and translate it into actionable insights.
• Proficiency in project management methodologies and tools, with a track record of successfully managing cross-functional projects.
• Experience in developing and implementing business strategies and product improvements.
• Experience with developing and presenting data-driven proposals to support strategic decisions.
• Ability to work effectively as part of a team and to influence others within the job area by explaining relevant facts, policies, and practices.
  
  

Benefits Summary

• Health, Dental, Vision, Prescription Drug plans
• Life and Accidental Death & Dismemberment Insurance
• Flexible Spending Account
• Employee Assistance Program
• 401K with 4% company match
• Bonus Program
• Wellness Program
• Onsite Fitness Center (vary by location)
• Tuition Reimbursement
• Career Development and Ongoing Training
• Paid holidays and vacation
• Cafeteria and food markets (vary by location)
• Volunteer opportunities
• Employee recognition (employee and milestone events)
  
  

Salary: $70,000-$85,000