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Senior Cost Analyst, Innovation Cost BOM Management at Dyson
London, United Kingdom


Job Descrption

About Us
 


At Dyson, we are encouraged to think differently, challenge convention and be unafraid to make mistakes. We’re creative, collaborative, practical and enthusiastic. But most of all we are highly passionate about what we do

 

About The Team
 


Global Product Cost (GPC) organization is responsible for controlling and product cost performance reporting for Development and Innovation portfolio across the entire Dyson product range. The product cost along with time and specification is a key focus area for product development and investment appraisal within Dyson.
 


About The Role
 


You will:

  • Be working closely with Procurement, Engineering, Manufacturing and Finance to identify, review and report Product Cost performance for the New Product Innovation (NPI) portfolio.

  • Work with New Product Innovation Teams (NPI) to understand design intent, assemblies and components which are required to build products.

  • Advise the Engineering Team on BOM structure requirements and highlight missing data points.

  • Review BOM structure changes and provide information on the Product Cost impact.

  • Work with the Engineering Team to identify and agree relevant cost benchmarks within existing production or NPD components.

  • Organise Cost Estimation workshops to identify Cost critical components.

  • Create, manage and report Costed Bill of Materials changes (both Design structure and components cost fluctuation) on regular basis.

  • Organise data driven Cost avoidance workshops, to optimise Product Cost.

  • You will work closely with the Engineering, Manufacturing, Procurement and Finance Teams, to review documents and evidence regarding cost reduction / avoidance opportunities.

  • Evaluate engineering change releases to determine applicable component level changes base on each specific product's BOM features and options.

  • Provide reporting and analysis that shows product cost versus target cost and other benchmarks.

  • Individual will be responsible for a group of Small, Medium and Large projects, with critical importance to the specific Business Unit. Working with Operations and Design Managers, will also be responsible to lead preparation of Product Cost position improvement plans.

  • Cost Analysis and support Reporting of multiple projects across same Category

  • Control of results in comparison to process and rules, to provide true financial status.

  • Work with Engineering, Manufacturing, Procurement and Finance Teams to develop product cost proposals and plans for future cost reduction to achieve required product Cost and GM% targets.

About You

You will have:

  • An engineering / cost accounting degree with previous experience in a product cost engineering role.

  • Excellent communication and interpersonal skills, with ability to build strong relationships with cross-functional senior stakeholders.

  • Strong financial analysis skills including experience in Business Partnering, working in cross-functional environments, etc.

  • Demonstrated ability to work in a fast-paced, high-growth environment and manage multiple priorities at the same time.

  • Ability to work under minimal supervision and be assertive.

  • An engineering / finance degree and preferably previous experience within a costing role.

  • Demonstrable analytical ability gained in a previous engineering role or similar technical discipline.

  • Very good understanding of BOMs and their creation.

  • Experience of working with and influencing others outside of your immediate team.

  • The ability to manage several projects at the same time.

  • Strong verbal and written communication skills.

Benefits

Financial:

  • Performance related bonus 

  • Company paid Life Assurance 

  • Discounts on Dyson machines 

  • Competitive pension scheme 

  • Purchase additional holidays  

Lifestyle:

  • 27 days holiday plus statutory bank holidays 

  • Free bus travel to and from Malmesbury campus from Bristol, Chippenham and Swindon 

  • On-site parking 

  • Endless free coffee and tea, and a free lunch  

  • Free on-site hair salon 

  • On-site lifestyle Assist 

  • Electric vehicle scheme  

 

Health:

  • Private Medical insurance for all employees 

  • Employee Assistance Program for employee and dependents 

  • Digital GP and prescription service 

  • Fertility treatment support 

  • On-site gym and sports centre

 

#LI-KH1


Dyson is an equal opportunity employer. We know that great minds don’t think alike, and it takes all kinds of minds to make our technology so unique. We welcome applications from all backgrounds and employment decisions are made without regard to race, colour, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other any other dimension of diversity.


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