Supplier Cost Analyst II

Education and Experience Requirements

Bachelor's Degree in accounting, finance, business administration, or a related curriculum required or an equivalent combination of education and experience. Advanced degree may be used to offset one year of the experience requirement. 4 years of increasing financial responsibility, to include third party negotiations and interface with Procurement.

Position Purpose:

Under general supervision of the Supplier Cost Analysis Manager, performs cost/price analysis on proposals submitted by outside suppliers. Supports Purchasing in establishing negotiation strategies and objectives, while being responsible for taking the lead role in cost/price/financial-related negotiations with suppliers. Ensures lot cost risks and opportunities are properly communicated.

Job Description

Principle Duties and Responsibilities:

Essential Functions:

1. Evaluates supplier proposals, to include consideration of short- and long-term financial implications, via various methods (cost analysis, on-site fact finds, price analysis, competitive analysis, etc.). Develops cost/price positions for negotiations. Communicates cost/price positions to Purchasing and all levels of management.
2. Negotiates with suppliers to defend and argue cost/price positions, to include contract terms and conditions with financial implications.
3. Evaluates financial stability of suppliers via various techniques, including analysis of financial statements, and, based on results, makes recommendations on follow-up intervals and/or further courses of action.
4. Maintains a strong level of knowledge with respect to government-published cost and price indices and economic forecasts as they relate to parts, components, commodities, and services purchased by Gulfstream. This includes developing price adjustment formulas, which utilize these indices and forecasts, for both evaluation and analysis purposes.
5. Maintains an environment of continuous process improvement, both in support of operations and with financial/procurement processes.

Additional Functions:

1. Identifies cost reduction opportunities. .
2. Ensures accurate and timely communication of lot cost risks and opportunities to Material Finance. .

Perform other duties as assigned.

Other Requirements:

1. Solid knowledge and command of cost build up process and ability to assess reasonableness of cost elements.

A credit history check from a national credit bureau will be conducted for all candidates for this position including new hires and current employees seeking promotion or transfer. This job requires one to be able to read, write, speak, and understand the English language.