Business Analyst – BOM Costing & Cost Analytics

Key Responsibilities

· Maintain and regularly update BOM-level product cost models

o Track and report product cost changes due to Commodity price movements, Supplier cost updates, Engineering design changes

· Monitor commodity trends and assess their impact on component and product costs

o Collaborate with Sourcing and Engineering to track cost-out ideas and savings realization. Identify and report delays, risks, or gaps against cost targets

o Analyze component cost breakdowns (material, labor, overhead, margin) and compile cost structures of similar components

· Identify cost gaps and work on improvement opportunities

· Prepare regular cost reports and dashboards for management and project reviews

Required Qualifications

· Minimum 5 years of experience in BOM costing, cost analysis, or cost engineering

· Strong proficiency in Microsoft Excel (cost models, pivot tables, scenario analysis)

· Good understanding of manufacturing cost structures and commodity-driven costs

· Strong analytical skills with attention to detail

· Ability to work effectively with cross-functional teams

Education

· Bachelor’s degree in Engineering, Finance, Supply Chain, Economics, or a related field

Preferred Qualifications

· Experience in industrial, electrical, energy, or manufacturing environments

· Exposure to cost-out / productivity initiatives

· Experience with ERP systems (SAP preferred) and reporting tools