Cost Management Specialist

Foxconn Assembly LLC

$70K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance, or related field
  • Minimum of 3 years in cost management or related field, ideally in a multinational setting
  • Proficient in financial tools like Excel, SAP, or Tableau; ERP experience is preferred
  • CPA or CMA certification is a plus
  • Experience in manufacturing or similar industries is highly desirable
  • Fluency in Spanish and English or Spanish and Chinese is required

Responsibilities

  • Design and implement cost management strategies to optimize costs
  • Analyze global cost structures and develop cost optimization plans
  • Track KPIs to ensure effectiveness of cost control measures
  • Conduct product cost analyses and assess variances for improvement
  • Assist in budget development and resource allocation
  • Collaborate with global teams for compliance with cost control processes

Benefits

  • Opportunity to work in a multinational environment
  • Engage in cross-departmental decision-making
  • Be part of a team focused on strategic cost optimization
  • Access to advanced financial tools and systems
  • Flexible work locations in Houston, TX, and San Jose, CA
Full Job Description
Job Overview:
We are seeking a highly skilled Cost Management Specialist to join our team. The ideal candidate will have a strong background in cost management, financial analysis, and strategic cost optimization. This individual will play a key role in analyzing global cost structures, developing cost management strategies, and supporting budgeting and resource allocation to ensure effective cost control measures across departments. The position requires experience in a multinational environment.

Key Responsibilities:
  • Develop and Execute Cost Management Strategies: Design and implement cost management strategies to optimize costs and meet organizational profit goals.
  • Analyze Global Cost Structures: Assess global cost structures and develop plans for cost optimization, ensuring maximum efficiency and profitability.
  • Monitor Key Performance Indicators (KPIs): Track KPIs to ensure cost control measures are effective, taking corrective actions when necessary.
  • Product Cost Analysis and Variance Assessment: Conduct detailed product cost analyses and assess cost variances to identify areas for improvement and cost-saving opportunities.
  • Support Budgeting and Resource Allocation: Assist in the development and management of budgets, and provide support for resource allocation and cross-departmental decision-making.
  • Collaborate with Global Teams: Work closely with global teams to ensure that cost control processes are consistent and compliant with corporate standards and regulations.
Qualifications:
  • Education: Bachelor's degree or higher in Accounting, Finance, or a related field.
  • Experience: Minimum of 3 years of experience in cost management or a related field, preferably in a multinational environment.
  • Technical Skills: Proficiency in financial tools such as Excel, SAP, or Tableau; experience with ERP systems is preferred.
  • Certifications: CPA or CMA certification is a plus.
  • Industry Experience: Experience in manufacturing or similar industries is highly desirable.
  • Bilingual Requirement: Must be fluent in Spanish and English or Spanish and Chinese

Key Skills:
  • Strong data analysis and problem-solving skills.
  • Ability to manage multiple projects simultaneously with attention to detail.
  • Effective communication and interpersonal skills to collaborate with cross-functional and global teams.
  • In-depth knowledge of cost management practices, financial reporting, and cost optimization strategies.
Location:
  • This position is available in Houston, TX and San Jose, CA.

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