Iron Systems is an innovative, customer-focused provider of custom-built computing infrastructure platforms such as network servers, storage, OEM/ODM appliances & embedded systems. For more than 15 years, customer have trusted us for our innovative problem solving combined with holistic design, engineering, manufacturing, logistic and global support services.

Job Title: Cost Analyst V
Location: US - CA - Fremont

Role Mandate:

• We are seeking individuals that are experienced cost analysts.
• The ideal candidates have experience building should cost models, understand PCB manufacturing processes, can perform detailed cost analysis, have experience building Total Cost of Ownership models, etc.
• This individual will be focused on building cost intelligence tools (cost models, TCO, benchmarking) and performing cost analysis / assessments to enable sourcing managers to have strategic negotiations and to help inform design-realated decisions.
• Most of this role will support hardware programs so experience with EE/ME/Power/Cables/MVA would be ideal.

Candidate Value Proposition:

• The ideal candidate will support a team of cost analysts to build various cost intelligence tools and resources.
• This includes (but is not limited to) should cost models, TCO models, cost benchmarking, and cost analysis.
• The ideal candidate will work with the team and engineers to identify opportunities to reduce cost via design optimization or other strategies.

Role Responsibilities (including, but not limited to):

• Build Should Cost Models for any of the following products/components/services (EE-ME-Power-cables-MVA)
• Develop work class cost intelligence models, tools, and best practices to support Meta's infrastructure Hardware supply chain
• Identify actionable insights and provide summary of trends and observations through cost data interpretation and research
• Work with Sourcing Managers and suppliers to pull together datasets to facilitate cost analysis
• Build benchmarking data related to cost - historic, competitive and market - and understand supplier costs, impact of design changes and cost/value drivers for the equipment and services involved
• Leverage cost management techniques - target costing, equipment lifecycle TCO, benchmarking, should-cost, supplier cost breakdown, cost driver analysis, competitive bidding and NPV analysis - to support Sourcing Managers to help validate cost savings as well as realize cost savings
• Conduct cost related design workshop and partner closely with engineering to influence product cost in the early new product introduction phases
• Identify, document and initiate resolutions to cost data quality issues that are discovered during report and analysis development
• Assist in preparation of quarterly business performance updates and other related analyses, including managing and providing status reports to stakeholders
• Assist in preparation of quarterly business performance updates and other related analyses, including managing and providing status reports to stakeholders
• Effectively manage projects to deliver tangible and measurable results

Performance Measurement:

• Performance will be measured based on cost analysis, cost models, completion of deliverables on time, quality of deliverables, quantity completed, and XFN feedback.

Must-Have Skills:

• 10 years of experience
• Experience building should cost models for various products / components / services
• Ability to perform detailed cost analysis and identify key insights and opportunities
• Ability to build benchmarking data related to cost - historic, competitive and market and understand supplier costs, value drivers, etc.
• Expert ability to analyze financial reports, price proposals and other technical data
• Expert ability to accurately document and record customer/client information
• Expert leadership and mentoring skills necessary to provide support and constructive performance feedback
• Expert knowledge of applicable laws and regulations related to purchasing
• Expert knowledge of cost management
• Previous experience with computer applications, such as Microsoft Word and Excel

Nice-to-Have Skills:

• Experience building dashboards and / or Excel models to support tooling needs
• Ability to partner with engineers and build trust to optimize designs for cost

Soft Skills:

• Strong verbal and written communication skills
• Strong attention to detail
• Negotiation skills
• Interpersonal skills

Educational Requirements:

• Bachelor's degree in finance or a related business field required