Job Description
1.
Cost Model
Development and Maintenance
Establish and maintain standard costing models, including material cost analysis based on Bills of Materials (BOM), labor costs/Standard Minute Value (SMV), manufacturing overhead, tooling depreciation, scrap, and logistics costs.
Develop and maintain standard costing methodologies to ensure accurate and consistent cost calculations.
2.
Detailed Quotation
Preparation
Prepare comprehensive quotations and detailed cost breakdowns for new product lines, recurring orders, engineering changes, and annual price reviews.
Evaluate technical specifications and product costing requirements.
3. Technical and Cost Validation
Analyze cost structures based on CAD drawings, technical documents, and process flow diagrams.
Work closely with Industrial Engineering (IE) and Production teams to validate cost assumptions against actual manufacturing conditions.
4. Cost Optimization and Improvement
Identify inefficiencies and discrepancies in cost structures and propose corrective actions.
Initiate and implement Value Analysis/Value Engineering (VA/VE) initiatives to reduce manufacturing costs.
Conduct Make-or-Buy analyses and compare cost structures across different markets.
5.
Group
Coordination and Negotiation
Coordinate with the Group's international quotation team to ensure alignment on costing methodologies and pricing strategies.
Prepare transparent open-book costing documentation and support negotiations regarding price adjustments requested by business partners.
6. Cost Control and Variance Analysis
Regularly compare quoted costs against actual operating costs to identify variances.
Monitor cost performance and recommend improvements to maintain profitability.
Requirement
Bachelor's degree or above in Industrial Engineering (IE), Mechanical Engineering/Manufacturing Engineering, Supply Chain Management, Finance and Accounting, or a related field.
Having 3 years of experience in manufacturing cost accounting, technical quotation, or Industrial Engineering (IE) within a manufacturing or industrial production environment.
Proficient in English or Chinese.
Good command of ERP/accounting software, preferably MISA or Microsoft Dynamics 365.
Strong numerical and analytical skills, with the ability to evaluate cost structures and identify cost-saving opportunities.
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