Cost Analyst


Details:
  • Salary: £32,000 - Annum
  • Job Type: Permanent
  • Job Status: Full-Time
  • Salary Per: Annum
  • Location: Stroud Gloucestershire
  • Date: 3 days ago
Description:

Cost Analyst

Location: Stroud

Hours: Full Time, Permanent
Monday to Thursday 8:00am - 4:00pm, Friday 8:00am - 1:00pm

Salary: £32,000 per annum

Key Responsibilities of a Cost Analyst:

* Develop and maintain cost models and pricing structures to support tenders and sales opportunities.

* Carry out costing, pricing and margin analysis across bids and proposals.

* Obtain and evaluate supplier quotations for materials, components and services.

* Identify commercial risks, assumptions and opportunities within cost submissions.

* Support procurement strategies aligned to commercial and operational objectives.

* Analyse historical pricing, cost data and win/loss information to improve future performance.

* Provide insight into pricing strategies, discount structures and commercial decision-making.

* Maintain accurate costing records, documentation and approval trails.

* Work closely with Sales, Engineering, Supply Chain, Planning and Finance teams.

* Support continuous improvement of costing tools, templates and commercial processes.

Key Skills of a Cost Analyst:

* Previous experience in a costing, pricing, tendering or commercial role.

* Strong understanding of cost structures, pricing models and margin analysis.

* Excellent analytical and numerical skills with a high level of attention to detail.

* Advanced Microsoft Excel skills and confidence working with complex spreadsheets.

* Experience using CRM systems and sales data.

* Strong organisational and communication skills.

* Ability to manage commercially sensitive information with discretion.

* Experience within engineering, manufacturing, industrial or project-based environments would be advantageous

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