Cost Analyst

Cost Analyst

Location: Stroud

Hours: Full Time, Permanent
Monday to Thursday 8:00am - 4:00pm, Friday 8:00am - 1:00pm

Salary: £32,000 per annum

Key Responsibilities of a Cost Analyst:

• Develop and maintain cost models and pricing structures to support tenders and sales opportunities.
• Carry out costing, pricing and margin analysis across bids and proposals.
• Obtain and evaluate supplier quotations for materials, components and services.
• Identify commercial risks, assumptions and opportunities within cost submissions.
• Support procurement strategies aligned to commercial and operational objectives.
• Analyse historical pricing, cost data and win/loss information to improve future performance.
• Provide insight into pricing strategies, discount structures and commercial decision-making.
• Maintain accurate costing records, documentation and approval trails.
• Work closely with Sales, Engineering, Supply Chain, Planning and Finance teams.
• Support continuous improvement of costing tools, templates and commercial processes.

Key Skills of a Cost Analyst:

• Previous experience in a costing, pricing, tendering or commercial role.
• Strong understanding of cost structures, pricing models and margin analysis.
• Excellent analytical and numerical skills with a high level of attention to detail.
• Advanced Microsoft Excel skills and confidence working with complex spreadsheets.
• Experience using CRM systems and sales data.
• Strong organisational and communication skills.
• Ability to manage commercially sensitive information with discretion.
• Experience within engineering, manufacturing, industrial or project-based environments would be advantageous.