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Cost & Price Analyst at Lear Corporation

Lear Corporation stands as the leading Tier 1 automotive supplier, renowned for delivering exceptional vehicle electrical and seating solutions to renowned global automakers. With a workforce exceeding 165,000 individuals, our team boasts a diverse range of talents, collectively dedicated to the creation and production of our innovative products. Operating in 38 countries, we have established a strong presence in every major auto manufacturing hub across the globe…

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Location: Port Elizabeth, South Africa

Department: Finance

Job Type: Full-Time

What You’ll Do For Us

We are seeking committed individuals with a desire to take action and excitement for our globally positioned and successful teams. With Lear, you’ve come to the perfect place if you enjoy challenges, want to take advantage of unrestricted development opportunities, and want to receive recognition that is worthwhile. A Cost & Price Analyst is needed for the Finance division at the Port Elizabeth headquarters of LEAR Seating South Africa!

Responsibilities
  • Assist sales in creating the cost studies required for quotes gathering information and creating APR in advance of future programs.
  • Setting Up Profitability Studies that the plant will use for its forecast and budget weekly analysis of sales and creation of all required accruals
  • Tracking price changes in accordance with commercial department to create a standardized costing method.
  • Update and maintain the Financial Package’s costing system while keeping an eye on Purchase Price Variance.
  • Obtain pertinent data from the buying departments, such as material utilization or pertinent part numbers.
  • Follow up with every pricing variation and explain it. Maintain JBA’s rates and baseline costs.
  • Information gathering, gathering pertinent data from multiple sources. Remain informed about all projects, adjustments, etc. with the purchasing manager, financial control manager, and engineering manager.
  • Cost analysis, such as for Six Stigma. Update the system as required. Check out the bills of materials.
  • Monitoring the engineering change process and making sure that all actions are documented and assessed.
  • Maintain Supplier Contracts by reviewing all changes made to them. Verify that the selling prices adhere to the contracts with the customers.
  • Conducting random checks on BOMS to make sure that materials are being used and purchased at affordable pricing.
Qualification
  • B.Com. in Accounting or a Diploma in Cost Accounting
  • 1-3 years of relevant costing or accounting experience Advantage
  • Problem-solving, analytical, as well as conceptual capabilities.
  • Proficiency with Excel

Additional Requirements

  • Outstanding data handling abilities
  • Good at working independently
  • Excellent time management skills
  • Always uphold strict confidentiality. 
  • Have a sense of urgency
Additional information

Lear Corporation prides itself on being an inclusive employer, ensuring equal opportunities for all qualified applicants irrespective of their national origin, ethnicity, religious beliefs, gender, or sexual orientation..

Method of Application

Interested and qualified persons should click on APPLY NOW to complete the required application form.