
Costing and RFQ Analyst
5 days ago
About the Company
Volex is a leading integrated manufacturing specialist for performance critical applications and supplier of power products serving a diverse range of markets and customers, with expertise in cable assemblies, higher-level assemblies, data centre products, electric vehicles, and consumer electronics. We employ over 8,000 employees across 22 countries and operate 32 manufacturing locations. In our most recent FY we had revenue of $900+m spread broadly across the four regions (Americas, Europe, China, and Asia Pacific).
About the Role
Responsible for Open Book Costing for Electric Vehicle (EV) Business.
Reporting to: Manager, Operations Finance (Singapore), dotted line reporting to EV Sales Director (US)
Responsibilities
- Responsible for key Electric Vehicle (EV) business quotes and costing, ensuring that inputs for quotes are submitted accurately.
- Prepare and maintain open book costing for each required customer quotes in a timely manner.
- Engaging with Sales Director and customer to support commercial decision making.
- Co-ordinating with internal stakeholders (Sourcing, Quote Team and Engineering) to drive faster turnaround quotation
- Create costing worksheet accurately and reflect each cost components cost based on assumptions for review with management.
- Develop and implement documents, processes, procedures and structures that ensure compliance and consistency across the business.
- Able to gather and interpret the costing sheet provided by RFQ team and analyses variances with relevant team members.
- Able to conduct detailed analysis to evaluate the historic pricing, BoM, cycle times and margin trends (current vs previous) and the product & price changes between multiple quotes.
- Maintain and develop key performance measures and tracking systems on changes and key assumptions on each customer's quote.
- Recommend pricing adjustments to enhance product profitability based on the analysis.
- Act as primary interface between Sales and Quoting team (in different time zone) to report daily status of pending quotes to management and ensure proper follow ups done.
- Present information clearly and effectively to management.
- Builds strong working relationships with R&D, Finance, and Operations partners and management.
- Able to generate quick turnaround manual quotes with Engineering & price changes and one-off request.
- Perform any other related projects/tasks as the need arises by the management.
Qualifications
Bachelor degree in Finance, Business Administration, Data Analytics, Data Science or other related field
Required Skills
- Minimum of 3-5 years' experience in the similar environment.
- Strong analytical, financial skills and critical thinking abilities, with capacity to interpret complex data.
- Good communication skills in terms of presentation, documentation, and verbal communication, along with a positive attitude for teamwork.
- Fluency in English. Comfortable communicating with various teams within region and globally.
- Excellent analytical skills, supported by solid attention to detail and accuracy.
- Proficiency in excel especially in complex formulas, macros and BI
- Ability to work independently in a fast-paced environment with minimum supervision.
- Ability to work collaboratively with cross-functional teams in different time zones.
- Background in Costing or RFQ working environment will be an added advantage
- Business analytics and/or programming skills or advanced Microsoft Office skills, or experience with analytical tools, models and methods for making key business decisions.
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