Strategic Product Costing Analyst (SAP)

AKG Group

Mebane (NC)

On-site

USD 85,000 - 115,000

Full time

14 days+

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Benefits offered by this job

Medical, dental & vision benefits

401(k) with company match

PTO and holidays

Life, STD and LTD insurance

Training and advancement opportunities

Team-focused safety culture

Job summary

AKG Group is seeking a Technical Costing Analyst to build accurate, traceable cost estimates for quotes, new products, and cost-reduction projects. You’ll translate designs into material, labor, tooling, and overhead assumptions and work with Engineering, Sales, Purchasing, Planning, Manufacturing, and Finance in SAP.

Ideal candidates have a strong background in manufacturing-costing, advanced Excel, and ERP experience.

Qualifications

Bachelor's degree in Industrial Engineering, Manufacturing Engineering, Mechanical Engineering, Engineering Technology, Finance with manufacturing experience, or related field.
Experience in manufacturing cost estimating, industrial engineering, production planning, manufacturing engineering, product costing, or related discipline.
Advanced Microsoft Excel skills, including complex formulas, lookup functions, pivot tables, data validation, and large-data analysis.
Ability to interpret engineering drawings, bills of materials, specifications, and manufacturing documentation.
Experience using an ERP system for product, material, routing, or costing data.
Strong analytical, problem-solving, organizational, and written and verbal communication skills.

Responsibilities

Develop detailed product-cost estimates from engineering drawings, specifications, bills of materials, manufacturing concepts, customer requirements, and forecasted production volumes.
Establish documented assumptions for material usage, scrap, yield, labor content, machine time, tooling, outside processing, purchased components, packaging, freight, overhead, and other applicable cost elements.
Critically evaluate and challenge costing inputs, including BOM completeness, manufacturing-sequence feasibility, cycle-time assumptions, labor content, scrap and yield factors, tooling requirements, sourcing strategies, and capacity constraints.
Review product designs and proposed manufacturing processes to identify major cost drivers, manufacturability concerns, missing information, and cost-reduction opportunities.
Work with Engineering and Manufacturing to define preliminary routings, production methods, cycle-time assumptions, equipment requirements, and process parameters when historical data is unavailable.
Obtain and validate material and purchased-component pricing with Purchasing, including source, effective date, quantity assumptions, minimum-order requirements, lead times, tooling, and nonrecurring costs.
Support make-versus-buy, sourcing, production-transfer, and alternative-manufacturing-method analyses.
Execute and support SAP product-costing and mass-costing activities in accordance with approved Finance and business processes.
Review costing-related SAP master data, including bills of materials, routings, work centers, activity rates, overhead application, scrap factors, and purchasing information; coordinate correction of identified discrepancies with the responsible owner.
Monitor standard product costs and investigate significant changes, inconsistencies, or incomplete costing inputs.Compare quoted costs, released standard costs, and actual production costs to identify unfavorable variances and potential margin erosion.