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GE Aerospace

Product Cost Finance Analyst

Posted 13 Days Ago
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Rivalta di Torino, Torino
Mid level
Rivalta di Torino, Torino
Mid level
The Product Cost Finance Analyst is responsible for finance analysis, ensuring accurate manufacturing product costs, and collaborating with supply chain and project management teams. Key tasks include managing analytics, variance analysis, supporting audits, and driving improvements in costing processes.
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Job Description SummaryThe Product Cost Finance Analyst role will provide critical finance analysis, support, expertise and reporting in the process of ensuring correctness of manufacturing product costs, identify and execute on productivity/improvement efforts (short/long term).
The role reports into the GSC FP&A Finance manager and will strictly interact and liaise, supporting the AvioAero Supply Chain, Program Management and Lean Deployment teams.Job DescriptionEssential Responsibilities

The role will cover key aspects of product cost composition at Part Number level (Material, Farm-Out, Labor, Scrap) and includes direct involvement, engagement and responsibility over setting the appropriate analytics and operating rhythms to ensure accurate product costing and allow the organization to understand cost and deliver to financial commitments.

Some of the key tasks/activities, will include:

  • Ensure with IBM and Avio Digital Team support that product cost is accurate;

  • Manage routines/procedures/reviews with relevant Global Supply Chain / Project Management’s business owners, be the focal point for Operational teams and Site leaders for data visibility, tracking, analysis and reporting for VCP results (Part Number details, product lines, actions, etc);

  • Ensure proper level of analytics are established, maintained and spread across the organization through digital tools already implemented and further enhancements (Cost Biter, Spotfire, etc);

  • Own monthly/quarterly process for relevant business reviews and key planning cycles for actuals, estimates and reporting (by plant, by product line, by program, by Part Number);

  • Manage variance analysis and additional analytics required for program management product cost comprehension

  • Ensure consistency of production cost vs. estimates for NPI programs

  • Lead other cost related rhythms / analytics as required by business needs

  • Support financial audits to demonstrate product cost correctness;

  • Drive standardization & continuous improvement of product cost related processes

Qualifications/Requirements

  • Bachelor's degree in economics from an accredited university or college or Diploma with proven experience in a similar role;

  • Self-confident, able to integrate and operate well in different cultural/business environment, at different level;

  • Previous experience in a cost analyst role, preferably with specific experience in SAP CO;

  • Ability to work under tight deadlines and to prioritize under pressure;

  • Strong analytical, project management, and organizational skills;

  • Strong oral and written communication skills;

  • Fluent written and spoken Italian and English;

  • Work Visa, in accordance with local regulation, is required.

Desired Characteristics

  • Prior experience in a manufacturing environment

What we offer

Smart working and work life-balance

Avio Aero, when possible, promotes remote work and encourages a good, healthy and satisfying work-life balance. We value our employees’ wellbeing; hence we offer a variety of improvement programs aimed to preserve anyone’s psychological safety and daily needs.

Total Rewards

At Avio Aero, we understand the importance of Total Rewards. As a new joiner to Avio Aero we are pleased to offer the following welcome benefit plan: 

  • Performance related bonuses and local bonus scheme

  • Flexible benefits platform

  • GE Aerospace share plan 

  • Life and injury insurance

  • Private medical cover

  • Employee assistant program

  • Employee special awards (service and recognition)    

  • Local special agreements and discounts

  • English and languages training for you and one member of your family

  • Technical, Leadership and development trainings

Inclusion & Diversity

Avio Aero is proud to be an Equal Opportunity Employer and we are strongly committed to maintain an inclusive and diverse environment. Every employment decision is taken regardless to national or ethnic origin, religion, sexual orientation, gender identity or expression, age, disability, etc. 

We are not all the same. Just be Yourself @AvioAero!

Additional Information

Relocation Assistance Provided: No

Top Skills

Cost Biter
Ibm
Sap Co
Spotfire

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