Industrial Cost Optimization Specialist
hace 3 semanas
**Company Overview:**
IFF, a leading global creator of flavors and fragrances, is seeking an Industrial Cost Optimization Specialist to join its Plant Cost Analysis team. Our company leverages its competitive advantages in brand understanding and consumer insight combined with a focus on R&D and innovation to provide customers with differentiated product offerings.
**Job Summary:**
We are looking for an experienced cost optimization expert to partner with plant managers in assigned areas. As an Industrial Cost Optimization Specialist, you will be responsible for conducting financial analysis, providing insights into operations performance, and identifying opportunities for improvement and productivity enhancement. You will also collaborate with stakeholders to suggest improvements and support the monthly Integrated Operations review.
**Key Responsibilities:**
- Suggest improvement opportunities and collaborate with different stakeholders
- Support the monthly Integrated Operations review
- Participate and support the Global Plant Cost Analysis Organization in various projects (Process improvement, IT improvement tool)
- Provide Financial Support to Plant Manager and local leadership
- Responsible for analysis on Product Cost Development, Unit Cost Analysis, and Productivity
- Coordinate the yearly budget process on plant with focus on cost, capacity, and explaining impact to final products throughout the budget process
- Support a strong Standard Costing template with Governance of Material Master etc
- Coordinate monthly production cost variance forecast by working closely with the Plant Manager and local leadership
- Analyze and explain KPI's detailing plant performance with Plant Leadership
- Provide detailed Monthly Plant Reporting using Global Tools in combination with plant-specific analysis with the plant organization
- Assist the plant in meeting productivity targets
- Actively support and maintain an environment for strong internal controls
**Core Competencies:**
- Strong computer/systems capability (ERP/SAP, Business Warehouse, Office)
- Knowledge of standard costing environments preferred
- Strong communication and networking/business partner skills
- Consciousness of control and business ethics environment
- Drive for results, Problem solving, Customer Focus, Strategic Agility
**Estimated Salary:** $85,000 - $110,000 per year, depending on experience and location.
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