Cost Analyst - New Product Development

Escape Recruitment Services; Falkirk; On-site; GBP 32,000 - 45,000; Full time

Job summary

Escape Recruitment Services is partnering with an established manufacturing business to recruit a Cost Analyst – New Product Development. The role focuses on analysing BOMs, material costs and complex datasets, providing cost insight for senior management, and supporting the costing of new products.

The successful candidate will collaborate with Engineering, Procurement and Commercial teams, turning data into actionable commercial insight while leveraging ERP systems and BI tools.

Qualifications

• Experience in manufacturing, engineering, procurement, product costing, or commercial analysis.
• Strong analytical skills and excellent Excel capability.
• Able to work with large datasets, ERP systems, and turn data into insights.
• Experience with BOMs, NPD, material costing or supplier pricing is advantageous.

Responsibilities

• Analyzing BOMs, material costs and complex datasets
• Identifying cost movements, trends, risks and opportunities
• Producing cost reports and insights for senior management
• Supporting costing of new products and customer requirements
• Working with Engineering and Procurement to understand component and supplier costs
• Ensuring material costs are accurate and aligned with targets

Skills

Manufacturing experience

Engineering experience

Procurement experience

Commercial analysis

Excel

Data analysis

ERP systems

Tools

Qlik

Job description

Escape Recruitment is working with an established manufacturing business to recruit a Cost Analyst – New Product Development.

This is a varied role combining material cost analysis, reporting and New Product Development, working closely with Engineering, Procurement and Commercial teams.

You will be responsible for:

• Analysing BOMs, material costs and complex datasets
• Identifying cost movements, trends, risks and opportunities
• Producing clear cost reports and insight for senior management
• Supporting the costing of new products and customer requirements
• Working with Engineering and Procurement to understand component and supplier costs
• Ensuring material costs are accurate and aligned with targets

About You

We are looking for someone with experience in manufacturing, engineering, procurement, product costing or commercial analysis, with strong analytical skills and excellent Excel capability.

You will need to be comfortable working with large datasets, ERP systems and complex information, with the ability to turn data into clear commercial insight.

Experience of BOMs, NPD, material costing or supplier pricing would be highly relevant and experience with BI tools such as Qlik would be advantageous.

You will be analytical, commercially minded, resilient and confident working with stakeholders across the business.