Cost Analyst
2 weeks ago
In This Role, Your Responsibilities Will Be:
- Provide accurate costing for valves and adders (e.g., PMI, painting, NDEs, certifications) in every project quotation
- Act as the link between project engineering and operations, recommending what to quote based on product competitiveness and lessons learned.
- Collaborate with the Project Pursuit Manager and EPC Sales Leader to prepare DoA calls with senior leadership
- Maintain an up-to-date database with special pricing to enable quick and reliable estimations
- Develop formulas to leverage SAP and Oracle costing data, applying correction factors for volume and supplier negotiations
- Identify cost reduction opportunities to increase gross profit during project execution
- Monitor market dynamics and adjust costing strategies accordingly
- Work cross-functionally with engineering, procurement, operations, and other business units to gather input for pricing models
- Track historical cost data to ensure consistency and accuracy in future quotations
- Support margin uplift plans led by Project Managers, contributing to cost reduction strategies aimed at increasing project GP by at least 5 points at award
- Contribute to improving the project win rate to 50% or higher
Who You Are:
You build and deliver solutions that meet customer expectations. You persist in accomplishing objectives despite obstacles and setbacks. You consistently apply a business driver and marketplace focus when prioritizing actions. You relate comfortably with people across levels, functions, cultures, and geography.
For This Role, You Will Need:
- Bachelor's degree in engineering or a related field
- At least 2 years of experience in Engineering/ Finance/ Purchasing/ Sales
- Advanced Excel skills and comfort with financial terminology
- Strong understanding of project management and execution, especially in collaboration with global engineering contractors
- Technical knowledge of safety valves and regulators
- Excellent coordination, organizational, communication and presentation abilities
Preferred Qualifications that Set You Apart:
- Experience working with SAP and Oracle
- Proven track record in cost optimization and margin improvement
- Familiarity with EPC bidding processes and customer expectations
Our Culture & Commitment to You
At Emerson, we prioritize a workplace where every employee is valued, respected, and empowered to grow. We foster an environment that encourages innovation, collaboration, and diverse perspectives—because we know that great ideas come from great teams. Our commitment to ongoing career development and growing an inclusive culture ensures you have the support to thrive. Whether through mentorship, training, or leadership opportunities, we invest in your success so you can make a lasting impact. We believe diverse teams working together are key to driving growth and delivering business results.
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