Cost Analyst

Company Description

Aboitiz Foods is an integrated regional food and agribusiness company dedicated to creating a high-performance culture anchored on our time-honored values of Integrity, Teamwork, Innovation, and Responsibility. Through the collective strengths of our subsidiaries, Pilmico and Gold Coin, we believe in sustainably feeding Asia's growth from mill to meal.

We are constantly improving and optimizing our processes by integrating the value chain around Asia. We leverage our sector expertise and capabilities to deliver quality every time. With our world-class technology and culture of constant innovation, we devote ourselves to serving you better.

At Aboitiz Foods, we embrace change and inspire innovation, leading the way in food and agribusiness solutions. Join us as we shape the future of food in Asia and build a culture where, together, we nourish the future.

Job Description

Job Objective

The Cost Data Analyst within the Supply Chain Planning, Governance & Analytics (SC-PGA) is primarily responsible for the analysis and interpretation of cost data to support financial decision-making, cost optimization, and process improvement initiatives. The role works closely with cross-functional teams to gather, analyze, and present cost-related information, providing valuable insights and recommendations. This role requires strong analytical skills, attention to detail, and the ability to collaborate with stakeholders at all levels.

Key Duties and Responsibilities

• Cost Data Analysis: Collect, analyze, and interpret cost data from various sources to identify trends, patterns, and cost drivers. Conduct in-depth cost analysis and perform variance analysis to understand and explain cost fluctuations.
• Cost Optimization: Collaborate with cross-functional teams to identify cost-saving opportunities and support cost optimization initiatives. Analyze current cost structures, processes, and expenditures to identify areas for improvement and recommend cost-saving measures.
• Cost Modeling: Develop and maintain cost models to forecast and simulate cost scenarios based on various inputs and assumptions. Conduct sensitivity analysis to assess the impact of changes in key cost drivers on overall costs.
• Financial Reporting: Prepare accurate and timely cost reports, including cost breakdowns, cost allocations, and cost performance analysis. Communicate cost analysis findings and recommendations to stakeholders, including senior management.
• Process Improvement: Identify process inefficiencies, bottlenecks, and cost leakages through cost data analysis. Collaborate with process owners and stakeholders to develop and implement process improvements that enhance cost efficiency and control.
• Cost Benchmarking: Conduct benchmarking analysis to compare the SC-PGA's cost performance against industry standards, best practices, and peer organizations. Identify gaps and opportunities for cost improvement based on benchmarking results.
• Data Integrity and Quality: Ensure the accuracy, integrity, and quality of cost data by performing data validation checks, reconciliations, and data cleansing activities. Collaborate with data custodians to address data discrepancies and improve data quality.
• Stakeholder Collaboration: Work closely with finance, procurement, operations, and other cross-functional teams to gather cost-related information and collaborate on cost-related initiatives. Provide analytical support and insights to stakeholders on cost-related matters.
• Continuous Improvement: Continuously improve cost data analysis methodologies, tools, and reporting processes. Stay updated on industry trends, best practices, and advancements in cost analysis techniques.

Qualifications

• Bachelor's degree in finance, accounting, economics, or a related field. Relevant certifications (e.g., CMA, CPA) is a plus.

Education:

• Bachelor's degree in finance, accounting, economics, or a related field. Relevant certifications (e.g., CMA, CPA) is a plus.

Experience:

• 1-3 years of experience as a cost analyst, financial analyst, or similar role, preferably within a Center of Excellence or a finance-related function.

Critical Skills or Competencies Required:

• Strong analytical and problem-solving skills with the ability to interpret complex data and financial information.
• Proficiency in financial analysis techniques, cost modeling, and variance analysis.
• Advanced knowledge of Excel and other financial analysis tools.
• Strong understanding of cost accounting principles, cost allocation methodologies, and financial reporting.
• Excellent communication and interpersonal skills, with the ability to effectively present complex cost analysis findings to stakeholders.
• Familiarity with process improvement methodologies, such as Lean or Six Sigma.
• Ability to manage multiple tasks and prioritize work effectively.
• Knowledge of data analysis and visualization tools, such as Power BI or Tableau.
• Proficiency in using productivity tools, such as Microsoft Office Suite or collaboration platforms.
• Continuous improvement mindset, with a focus on enhancing cost analysis practices and efficiency.
• Results orientation
• Process development mindset
• Collaborative relationship building and influencing

Additional Information