Job Title: Cost Specialist
FLSA Status: Salary Non-Exempt
EEOC Classification: Professional
Reports To: Cost Section Manager
This position will be predominantly responsible for the cost analysis of AEIL's products and processes, while driving efforts to reduce costs while also leading VA (value analysis) activities.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Establish cost targets and objectives for all new and existing products.
Generate Cost Estimations upon request.
Collect, summarize and analyze the detailed cost of products for all direct and indirect costs associated with the production of that specific product. Investigate deviations from the established cost targets.
Benchmark and compare internal costs to other production facilities, thereby identifying areas for cost reduction activities.
Responsible for continuously seeking ways to improve all aspects of the business to reduce expenses and improve profit.
Responsible for accumulating and reviewing all financial information to develop rates annually to assist in cost planning. Establish cost standards and analyze variations with actual.
Responsible for observing the manufacturing processes in order to gain a deeper understanding of labor & overhead costs for better support of "Noritsu" and "Base Unit" activities.
Implement procedures necessary to support and further develop product-level profit & loss reporting.
Participation in the monthly forecasting processes, along with the semi-annual budgeting activities.
Ability to present and explain results/findings to management.
Lead ongoing and continuous VA (value analysis) activities.
Perform all duties in conformance to appropriate safety and security standards.
Will perform all other reasonably related tasks within the Company as required by Management.
KNOWLEDGE, SKILLS AND ABILITIES PREFERRED
Complete knowledge of manufacturing costing processes and related calculation methodologies.
Complete knowledge of functions and strategies in managing and controlling costs.
Knowledge of the Toyota Production System and JIT.
General physical ability.
Excellent written communication skills.
Excellent time management skills.
Excellent cooperative personality.
Excellent organizational skills.
Advanced computer skills, with strong aptitude with Microsoft Excel. Preferred experience with Oracle (or other equivalent ERP system).
Ability to think for the Company, with innovative problem solving and improvement skills.
Ability to interact well with coworkers.
Ability to understand, follow and implement posted work rules and company procedures.
Demonstrated passion and positive attitude towards assuming challenges and learning new products, processes, and skills.
Ability to accept constructive criticism.
Ability to function independently without requiring assistance from, or disturbing the work of others.
QUALIFICATIONS, EDUCATION & EXPERIENCE REQUIRED
Bachelor's degree or equivalent experience preferred, but not required.
Two years of prior applicable experience in Cost strongly preferred, but not required.
Electronics experience desired.
Automotive experience desired.
Valid passport for required travel.
ORGANIZATIONAL (AND OUTSIDE) RELATIONSHIPS
All other AEIL Departments.
Cost Departments of other Aisin facilities, including sister plants, AWA/AHA, and Aisin Japan.
Open staff room with constant activity and interaction with cross-functional divisions, departments, and sections. Must be able to effectively change tasks at a moment's notice when the situation requires.
Some dust, noise, oils, greases, grinding debris, compressed air, metal shavings, propane, solvents and occasional heavy lifting.
Occasional overnight travel.
Exposed to hazardous machinery and/or conditions that could result in injury up to and including a fatality if safety measures are not followed and adhered to.
Exposed to shop elements such as noise, dust, odors, fumes, oils. The performance of this position normally requires exposure to a typical manufacturing areas were under certain conditions that require the use of personal protective equipment such as safety shoes and safety glasses.
Aisin Electronics Illinois LLC