Lead- Cost Analytics

5 - 9 years

0 Lacs

Posted:3 weeks ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As the Lead, Cost Analytics (Finance Control) at our Healthtech Start-up, your role is crucial in ensuring the financial health and efficiency of our operations. Your responsibilities will include: - **Comprehensive Cost Analysis**: - Develop a deep understanding of the company's cost structure, including component costs, manufacturing expenses, and logistics. - Create models to map out cost accumulation through the value chain and identify key cost drivers. - **Financial Control & Reporting**: - Track actual costs vs. budgets and targets. - Establish robust cost accounting practices for real-time visibility and provide regular reports to leadership. - **Cost Optimization Projects**: - Proactively identify opportunities to optimize costs, such as design changes, supplier negotiations, or production efficiencies. - Lead cross-functional initiatives to implement cost-saving measures. - **Scenario Planning & Forecasting**: - Lead financial scenario planning for new products or changes. - Provide detailed cost forecasts and sensitivity analyses to support budgeting and long-term planning. - **Governance & Compliance**: - Ensure cost control processes align with financial governance standards. - Prepare for audits, maintain documentation, and enforce financial controls to prevent errors or fraud. Your qualifications should include: - **Educational Background**: - Bachelors degree in Finance, Accounting, Engineering, or related field. - Combination of technical and financial education is ideal. - **Experience**: - 5+ years in financial analysis, cost accounting, or similar roles, preferably in a manufacturing or hardware technology company. - **Financial Acumen**: - Strong understanding of cost accounting methodologies, BOM analysis, and margin calculations. - **Analytical Tools**: - Highly proficient in Excel and data analysis, experience with ERP systems is a plus. - **Cross-Functional Communication**: - Excellent communication skills to work with non-finance teams and present findings to leadership. - **Hardware/Manufacturing Insight**: - Direct experience in costing for electronics or hardware, understanding yield loss, scrap, and tooling costs. - **Project Leadership**: - Track record of leading cost reduction initiatives resulting in significant savings. - **First-Principles Approach**: - Demonstrated ability to approach financial problems creatively and optimize cost management. Certifications like CMA or CIMA, or Lean Six Sigma training can further underscore your expertise in cost management. Your role will be critical in supporting our company's financial control and strategic decision-making processes.,

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