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Cost Management Specialist

Cost Management Specialist

Foxconn Industrial Internet - FIIHouston, TX, US
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Job Overview :

  • We are seeking a highly skilled Cost Management Specialist to join our team.
  • The ideal candidate will have a strong background in cost management, financial analysis, and strategic cost optimization.
  • This individual will play a key role in analyzing global cost structures, developing cost management strategies, and supporting budgeting and resource allocation to ensure effective cost control measures across departments.
  • The position requires fluency in Mandarin and English and experience in a multinational environment.

Key Responsibilities :

  • Develop and Execute Cost Management Strategies : Design and implement cost management strategies to optimize costs and meet organizational profit goals.

    • Analyze Global Cost Structures :

  • Assess global cost structures and develop plans for cost optimization, ensuring maximum efficiency and profitability.

    • Monitor Key Performance Indicators (KPIs) :

  • Track KPIs to ensure cost control measures are effective, taking corrective actions when necessary.

    • Product Cost Analysis and Variance Assessment :

  • Conduct detailed product cost analyses and assess cost variances to identify areas for improvement and cost-saving opportunities.

    • Support Budgeting and Resource Allocation :

  • Assist in the development and management of budgets, and provide support for resource allocation and cross-departmental decision-making.

    • Collaborate with Global Teams :

  • Work closely with global teams to ensure that cost control processes are consistent and compliant with corporate standards and regulations.

    • Qualifications :

  • Education : Bachelor’s degree or higher in Accounting , Finance , or a related field.

    • Experience :

  • Minimum of 3 years of experience in cost management or a related field, preferably in a multinational environment.

    • Technical Skills :

  • Proficiency in financial tools such as Excel , SAP , or Tableau ; experience with ERP systems is preferred.

    • Certifications :

  • CPA or CMA certification is a plus.

    • Industry Experience :

  • Experience in manufacturing or similar industries is highly desirable.

    • Language Skills :

  • Fluency in Mandarin and English (both written and verbal) is required.

    • Key Skills :

  • Strong data analysis and problem-solving skills.
  • Ability to manage multiple projects simultaneously with attention to detail.
  • Effective communication and interpersonal skills to collaborate with cross-functional and global teams.
  • In-depth knowledge of cost management practices, financial reporting, and cost optimization strategies.

    • Location :

  • This position is available in Houston, TX and San Jose, CA.
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    Cost Specialist • Houston, TX, US