As Cost Analysts, we perform regular tests of the company’s data and work with accountants to analyze it in order to offer specific answers to problems such as how to boost the company’s cost-effectiveness of current operations. We recommend appropriate changes in operating procedures to boost the payment and procurement processes’ efficiencies while performing research on competitor costs and showing awareness of the latest industry developments. We also produce regular reports to senior management on money-saving strategies and analyze the current market for potential growth opportunities as well as risks.
- develop, and advocate for new cost management policies
- partake in estimating new products’ costs