About this role
MAIN RESPONSIBILITIES
- Maintain current product cost data for all of the Company’s products to accurately reflect current production and purchased costs.
- Annually update standard product cost data to accurately reflect current costs as well as management’s anticipated cost increases to succeeding year.
- Prepare unit cost data necessary for product quotations which reflect current costs of production and all major anticipated cost increases.
- Assist in special projects and costs studies as well as annual year-end audit.
- Analyze historical cost data and trends to identify opportunities for cost reduction and process improvement.
- Collaborate with Engineering, Manufacturing, and Procurement teams to gather inputs for accurate cost modeling.
- Develop and maintain cost estimation tools, templates, and databases to streamline quoting processes.
- Evaluate the financial impact of design changes, material substitutions, and production methods.
- Support make-versus-buy analysis and provide cost comparisons for alternative sourcing strategies.
- Monitor market trends and commodity pricing to anticipate cost fluctuations and inform forecasting.
- Participate in cross-functional reviews of new product introductions (NPIs) to ensure cost targets are met.
- Validate supplier quotes and cost breakdowns to ensure alignment with internal benchmarks.
- Prepare detailed cost reports and presentations for management review and decision-making.
- Ensure compliance with internal financial controls and external audit requirements.
- Contribute to budgeting and forecasting processes by providing cost input and variance analysis.
- Maintain documentation of cost assumptions, methodologies, and revisions for audit traceability.
- Train and support junior staff or cross-functional teams on cost estimation practices and tools.
REQUIREMENTS
- Bachelor's degree in accounting or related field
- 1-3 Years of Experience.
- Advance English.
- Visa and Passport.
Other facts
About Hutchinson
Hutchinson Aerospace and Industry was founded in 1943 as Barry Controls to solve shock and vibration problems for the U.S. military. Acquired by Hutchinson in 2000 and serving a wide range of diverse global customer applications with extensive materials expertise, today we are a world leader in the development of unique and custom mounting solutions needing shock attenuation and vibration isolation.
Additionally, we are now well recognized as a specialist in custom system design and analysis, an innovator in manufacturing and engineering and a valuable engineering partner to our customers. We provide engineered shock, vibration, noise, thermal and motion control solutions for all industries. Our customer-oriented philosophy allows us to provide responsive support to our customers, from prototyping and low-rate production through full production, with products that are custom suited to each customer’s needs.
Innovative design and development concepts allow us to support customers’ performance and cost targets, while also meeting the demands of tomorrow’s changing payloads and evolving technical needs. This endless variety of exciting and cutting-edge projects, serving a diverse customer base, provides for exciting career opportunities across a wide array of fields.
What you'll do
- The main responsibilities include maintaining product cost data, preparing unit cost data for quotations, and analyzing historical cost data for opportunities in cost reduction. The role also involves collaborating with various teams and supporting budgeting and forecasting processes.
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