What are the responsibilities and job description for the Cost Price Analyst position at LHH?
LHH Recruitment Solutions is working with a great manufacturing company located in Sugar Land, Tx. We are seeking to fill a Cost Price Analyst role; you will play a crucial role in analyzing and monitoring our cost and pricing structures to support strategic decision-making and ensure profitability.
The Cost Price Analyst will be responsible for evaluating and analyzing cost data related to manufacturing operations and developing pricing strategies that align with our business objectives. This role involves working closely with cross-functional teams, including finance, procurement, production, and sales, to gather data and provide insights to drive informed decision-making. Company is eager to hire. Pleas submit your resume today!
Pay Range: $65-68K
Key responsibilities include:
Cost Analysis:Conduct comprehensive cost analyses to identify factors impacting product costs, such as direct materials, labor, overhead, and transportation.
Monitor cost trends, investigate variances, and provide detailed reports and recommendations to management.
Collaborate with the procurement team to assess supplier costs and negotiate favorable pricing agreements.
Pricing Strategies:
Analyze market trends, competitor pricing, and customer demand to develop effective pricing strategies for our products.
Perform profitability analysis for different product lines and customer segments, identifying areas for improvement.
Collaborate with the sales team to evaluate pricing proposals and provide guidance on pricing decisions.
Financial Planning:
Assist in the preparation of annual budgets and forecasts by providing cost and pricing data.
Support the development of financial models to assess the impact of pricing changes on revenue and profitability.
Monitor and report on key financial metrics, highlighting areas of concern or opportunity.
Process Improvement:
Identify opportunities to streamline cost and pricing processes, implementing best practices and automation where applicable.
Work closely with cross-functional teams to enhance data accuracy, integrity, and efficiency.
Participate in continuous improvement initiatives and provide input for system enhancements related to cost and pricing analysis.
Qualifications:
Bachelor's degree in finance, accounting, economics, or a related field.
Prior experience as a Cost Analyst, Pricing Analyst, Financial Analyst, or similar role in a manufacturing environment is highly desirable.
Strong analytical skills with the ability to interpret complex data and provide actionable insights.
Proficiency in financial modeling and data analysis tools (e.g., Excel, ERP systems).
Knowledge of cost accounting principles and understanding of manufacturing processes.
Excellent communication and interpersonal skills, with the ability to collaborate effectively across teams.
Detail-oriented with strong organizational and problem-solving abilities.
Ability to work independently and prioritize tasks to meet deadlines.
Equal Opportunity Employer/Veterans/Disabled
To read our Candidate Privacy Information Statement, which explains how we will use your information, please navigate to https://www.lhh.com/us/en/candidate-privacy
The Company will consider qualified applicants with arrest and conviction records
The Cost Price Analyst will be responsible for evaluating and analyzing cost data related to manufacturing operations and developing pricing strategies that align with our business objectives. This role involves working closely with cross-functional teams, including finance, procurement, production, and sales, to gather data and provide insights to drive informed decision-making. Company is eager to hire. Pleas submit your resume today!
Pay Range: $65-68K
Key responsibilities include:
Cost Analysis:
Equal Opportunity Employer/Veterans/Disabled
To read our Candidate Privacy Information Statement, which explains how we will use your information, please navigate to https://www.lhh.com/us/en/candidate-privacy
The Company will consider qualified applicants with arrest and conviction records
Salary : $65 - $0
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