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Supplier Cost Analyst Sr

Gulfstream Aerospace
United Statesfull_timeVerifiedPosted 25 Jan 2024

About the role

Supplier Cost Analyst Sr in  GAC Savannah


Unique Skills:

  • Strong Microsoft Office - emphasis on Excel
  • Effective Communication - verbal and written; briefing senior/executive-level management
  • Effective Presentation - from entry-level individuals up to senior/executive-level management
  • Effective Negotiation - close collaboration with purchasing and contracts
  • Highly Analytical - to include critical thought and creative solutions
  • Purchasing - working knowledge of procurement processes and activities; preferred first-hand experience in working alongside procurement
  • Analysis - cost-based; price-based; make versus buy; inflationary/deflationary tracking & application; NPV; IRR
  • Leadership - guiding and directing lower-level analysts; steering discussions and actions in teams (to often include team members from other groups/departments); assuming the role of subject matter expert
  • SAP - exposure/working knowledge is preferred

 

 

Education and Experience Requirements

Bachelor's Degree in accounting, finance, business administration, or a related curriculum required or an equivalent combination of education and experience. Advanced degree may be used to offset one year of the experience requirements. 6 years of increasing financial responsibility, to include third party negotiations and interface with Procurement. Strong knowledge and command of cost build up process and ability to assess reasonableness of cost elements.

Position Purpose:

Under minimal direction of the Supplier Cost Analysis Manager, performs cost/price analysis with an emphasis on complex and high-dollar-value proposals. Supports Purchasing in establishing negotiation strategies and objectives, while being responsible for taking the lead role in cost/price/financial-related negotiations with suppliers. Assists Supplier Cost Analysis Manager in supervising, training, and leading lower-level cost analysts. Ensures lot cost risks and opportunities are properly communicated.

Job Description

Principle Duties and Responsibilities:

Essential Functions:
  1. Evaluates supplier proposals, to include consideration of short- and long-term financial implications, via various methods (cost analysis, on-site fact finds, price analysis, competitive analysis, etc.). Develops cost/price positions for negotiations. Communicates cost/price positions to Purchasing and, as necessary, all levels of management .
  2. Negotiates with suppliers to defend and argue cost/price positions, to include contract terms and conditions with financial implications .
  3. Evaluates financial stability of suppliers via various techniques, including analysis of financial statements, and, based on results, makes recommendations on follow-up intervals and/or further courses of action .
  4. Maintains a high level of knowledge with respect to government-published cost and price indices and economic forecasts as they relate to parts, components, commodities, and services purchased by Gulfstream. This includes developing complex price adjustment formulas, which utilize these indices and forecasts, for both evaluation and analysis purposes .
  5. Maintains an environment of continuous process improvement, both in support of operations and with financial/procurement processes .

Additional Functions:
  1. Identifies cost reduction opportunities .
  2. Ensures accurate and timely communication of lot cost risks and opportunities to Material Finance .

Perform other duties as assigned.

A credit history check from a national credit bureau will be conducted for all candidates for this position including new hires and current employees seeking promotion or transfer.

 

Additional Information

Requisition Number: 217962

Posting Type: Internal-External

Department: J0856-Production Ops Finance

Category: Finance

Percentage of Travel: None

Shift: First

Employment Type: Full-time

Salary Grade:E7

Number of Openings: 1

Posting End Date: 02/09/2024 

 

Equal Opportunity Employer/Veterans/Disabled.

 

Gulfstream does not provide work visa sponsorship for this position, unless the applicant is a currently sponsored Gulfstream employee.

 

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