Overview
Job Responsibilities:
– To build/develop cost model for any product or service.
– Specific to cost modelling, the job would entail in building /development of a cost model for any product/service.
– Would be part of solution design for the cost model, identify and evaluate the different data points required, support development of the cost model.
– Effective supplier/expert relationship management
– Evaluate financial reports to support cost models and final evaluation of the cost model for accuracy and logic.
– Should have a procurement perspective for the cost model that is provided finally to the client and needs to be strong in excel skills.
– Will be accountable for timely and quality delivery of projects.
– Accountable for quality checking of reports.
– Co-ordinating with support teams (client engagement, editing etc.) for smooth delivery.
– Support sales team by identifying emerging trends and potential clients.
– Will be accountable for knowledge management activities.
– Work on cross-functional projects.
– Knowledge of broader economic/political/financial trends across the globe and their implications.
Job Requirements:
– If experienced, should have a holistic view on the respective industry/domain.
– To analyse total cost of ownership
– Should be efficient and effective in making supplier calls and gathering data points
– Supplier-price-cost management analysis
– Profitability analysis
– To understand the impact of cost drivers/cost elements
– Holistic understanding of international accounting practices such as GAAP and IFRS is a must
– Understand product-service needs
– Strong Analytical and investigative skills
– Financial analysis
– Acumen for alternative sources and analyse the cost impact
– Number crunching ability
– Ability to work on different costing techniques
– Should be very good in Excel, Advanced Excel/Macros
– PowerPoint presentation and Report generation ability is an added advantage
– Ability to effectively operate independently and in a team environment
Job Location: Chennai/Bangalore
– Qualification: Engineering with MBA Finance/PGDM with minimum 60% throughout their academics or CWA/CA Inter up to 2 attempts (but cleared) are eligible.
Work Experience: 1-4 years of experience in Cost modelling, Procurement Consulting/Market Research.
Technical Requirements:
– Competitive / Marketing Intelligence.
– Industry Analysis
– Best practice Insights
– Supplier Profiling
– Pricing & Cost Analysis
– Advanced excel/macros
– Presentation and report Generation
Personal characteristics:
– Right attitude
– Good Analytical skills
– Achievement Oriented
– Quick learner
– Out of box thinking
– Self-driven and Self Confident