Position Summary:
A challenging role is available for a Senior Cost Controller to drive financial performance through strategic target setting, cost optimisation, and expert analysis in support of product development and business objectives.
Key Responsibilities:
* Establish challenging yet achievable unit cost and investment targets at system/component levels.
* Leverage benchmark data and historical cost information to inform target setting.
* Collaborate with cross-functional teams to balance and secure buy-in for ambitious targets.
* Define component target costs for ongoing and future product initiatives.
* Guide design processes to meet cost targets through expert recommendations.
* Influence cost reduction programs by providing critical technical and financial insights.
* Conduct lean manufacturing assessments at supplier facilities to identify cost-saving opportunities.
* Evaluate and authorise expenditures within specified authority limits.
* Analyse supplier cost models to drive value-optimised negotiations.
* Provide financial impact assessments for alternative design and manufacturing solutions.
* Oversee preparation and presentation of financial performance reports.
* Lead stakeholders in managing unit cost and investment targets.
* Brief senior leadership on financial material cost reports and develop mitigation strategies.
* Provide educational support to enhance process efficiency and productivity.
Scope of Influence:
This role has significant impact on product cost structures and investment decisions across multiple projects and platforms, directly influencing the company's financial performance and competitive positioning.
Budgetary Responsibility:
Oversight of material and associated investment budgets (Base and Change Budget) with substantial annual value.
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