Cost Management Consultant

What You Will Do:

The role involves collaborating with stakeholders to set goals and priorities, reviewing and evaluating current cost allocation methods, and proposing a new model for accurately reflecting costs in profitability reports. It includes categorizing expenses, identifying optimal drivers, and creating a roadmap for transitioning from interim to long-term solutions. Documentation of the best-fit drivers and allocation approaches is also essential.

Key Responsibilities:

• Align with key stakeholders on goals, expected outcomes, priorities, granularity, and business unit scope.
• Review the predefined allocation approach and data sources.
• Evaluate the current allocation method and drivers against best practices, providing recommendations.
• Understand the annual operating budget planning process.
• Propose a cost allocation model to reflect costs and expenses from each business function in profitability reports, including segments, products, channels, and key projects.
• Categorize costs and expenses by annual operating expenses and link them to revenue categories.
• Identify optimal drivers based on available data and recommend a suitable interim solution.
• Define a future roadmap.
• Document the best-fit driver and allocation approach for cost objects.
• Outline the transition roadmap from interim to long-term solutions, including driver acquisition.

What you’ll Need:

• A degree in finance, business, or a related field.
• Experience in cost allocation and budgeting processes.
• Strong analytical and problem-solving skills.
• Familiarity with best practices in financial management.
• Excellent communication and stakeholder management abilities.
• Experience in project management and implementation.
• Knowledge of data analysis tools and financial software.
• Ability to work collaboratively with teams and clients.

What We Can Offer You:

We offer a collaborative work environment, opportunities for professional growth, competitive compensation, and benefits. You'll gain hands-on experience in cost allocation and financial analysis, working with key stakeholders to drive impactful business decisions. Additionally, we provide access to training and resources to enhance your skills and career development.