Cost Analyst

CNH Industrial
Ridge, IL Full Time
POSTED ON 7/7/2023 CLOSED ON 10/6/2023

What are the responsibilities and job description for the Cost Analyst position at CNH Industrial?

Overview

CNH Industrial is a world-class equipment and services company. Driven by its purpose of Breaking New Ground, which centers on Innovation, Sustainability and Productivity, the Company provides the strategic direction, R&D capabilities, and investments that enable the success of its five core Brands: Case IH, New Holland Agriculture and STEYR, supplying 360° agriculture applications from machines to implements and the digital technologies that enhance them; and CASE and New Holland Construction Equipment delivering a full lineup of construction products that make the industry more productive. Across a history spanning over two centuries, CNH Industrial has always been a pioneer in its sectors and continues to passionately innovate and drive customer efficiency and success, driven by its purpose of Breaking New Ground. As a truly global company, CNH Industrial’s 35,000 employees form part of a diverse and inclusive workplace, focused on empowering customers to grow, and build, a better world.

 

Position Overview

As part of the DTV Team, the Cost Analyst supports all the activities related to Product Cost calculation and tracking both for New and Current Product. This role interfaces with platforms, engineering, cost specialists and purchasing to ensure a correct process to identify and control product cost through FCE availability, system key level cost rollups, and Identify production elements for Design to Value, Design to Cost, and Cost Reduction projects. Support cost manager to define early top down cost target per module based on customer value analysis and monitor the gap between the top-down target and bottom-up cost.

Responsibilities

Responsibilities include:

 

New Product - Develop and maintain cost roll up forecast for GPD milestones, Provide top down cost analysis per system key, functional block or machine, Ensure BOM alignment with cost checking throughout Design Release, Provide ad-hoc system key level cost analysis (Design-to-Cost initiatives, …), Interface development team with cost modelling team, input information in NPCT.

Current Product - Define key models in KMS (or other systems), develop std to std comparison for YoY tracking, Provide actual cost for key models with KMS or other systems, Identify root causes for cost changes within system key or function block, Provide forecast cost for key models, Ensure BOM alignment with cost checking for ECO releases, Complete catalog reviews to identify opportunities for cost reduction ideation, Provide analytics on large/complex projects, across segments, across regions, Interface development team with cost modelling team, input information in NPCT.

 

Position Pays $97,000 to $139,000. This position is eligible for the company bonus plan (Actual salaries will vary and will be based on various factors, such as skill, experience and qualification for the role.)

Qualifications

Required Qualifications: 

  • Bachelor’s Degree in Engineering, Supply Chain, or Business
  • 3  years of experience in Cost Management, Manufacturing or Engineering
  • Extensive knowledge of manufacturing processes, BOM management, System key level cost analysis

  

Preferred Qualifications: 

  • Master Degree in Computer Science or Data Science
  • Ability to follow and deliver results within our Cultural Beliefs: Customer First, Grow Together, One Team, Make it Simple, Be The Best
  • Experience using Cost Estimation Tools, especially Costimator (MTI) and aPriori
  • Experience using Product Lifecycle Management (PLM) tools, especially Teamcenter (Siemens) and Enovia (Dassault).
  • Experience working with Agricultural, Construction or Automotive products.
  • Computer use of standard office software programs including Excel, PowerPoint, MS Teams, word processing, and email applications.
  • Excellent analytical and problem-solving skills.
  • Excellent communication skills at all levels.
  • Flexible, proactive, and committed.

Company Benefits

CNH Industrial offers a wide variety of benefits that not only encourages wellness and preventive care, but we also provide the right tools and programs to help you achieve it.  Our benefits package includes medical, dental, vision, disability, and life insurance.  Our industry leading 401k will support you in meeting your retirement objectives.  Additional benefits include paid parental leave, flexible work policies, opportunities for self-development and paid leave for specific activities. Click here for more information!

EEO

US applicants: CNH Industrial is an equal opportunity employer. This company considers candidates regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status. Applicants can learn more about their rights by viewing the federal "EEO is the Law" poster and its supplement here. CNH Industrial participates in E-Verify and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S. You can view additional information here.

 

If you need reasonable accommodation with the application process, please contact us at narecruitingmailbox@cnhind.com.

 

Read about our company’s commitment to pay transparency by clicking this link: pay transparency notice.

 

Canada applicants: CNH Industrial is an equal opportunity employer. This company considers candidates regardless of race, colour, religion, sex, sexual orientation, gender identity, nationality, place of origin, disability, marital status, family status, age, or any other ground prohibited by applicable provincial human rights legislation.

Salary : $97,000 - $139,000

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