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Full-Time

Launch Cost Analyst

Posted on 3/22/2024

Scout Motors

Scout Motors

201-500 employees

Develops all-electric trucks and SUVs

Hardware
Consumer Goods

Compensation Overview

$100k - $115kAnnually

Mid, Senior

Columbia, SC, USA

Category
Corporate Finance
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Communications
Financial analysis
Requirements
  • Bachelor's/Master's degree in Finance, Business Administration, or a related field.
  • Proven experience in cost estimation, financial analysis, or related roles within the automotive or relevant comparable industries.
  • Solid technical understanding of manufacturing processes, especially in the automotive industry, to effectively challenge and validate launch costs.
  • Strong analytical skills with the ability to critically evaluate and challenge cost-related information.
  • Excellent communication and interpersonal skills to effectively collaborate with cross-functional teams.
  • Detail-oriented approach with a focus on accuracy in forecasting and documentation.
  • Demonstrated problem-solving ability, especially in the context of cost-related challenges.
  • Sound financial acumen and understanding of budgeting processes.
Responsibilities
  • Conduct a thorough analysis of various cost components associated with the factory launch, including but not limited to equipment, labor, materials, and operational expenses.
  • Develop accurate and detailed financial forecasts based on the gathered cost data, providing essential insights into the financial implications of the launch.
  • Collaborate with department heads to establish and monitor budgets, ensuring alignment with the overall launch strategy and financial goals.
  • Identify opportunities for cost optimization and efficiency improvements throughout the launch process, contributing to overall cost-effectiveness.
  • Learn, analyze, and understand the technical processes within the factory to challenge and validate cost estimations effectively.
  • Engage proactively with departments such as Production, Procurement, and Finance to gather relevant data and ensure a holistic understanding of cost factors.
  • Prepare comprehensive documentation outlining cost breakdowns, risk assessments, and mitigation strategies for review by senior management.
  • Implement continuous improvement initiatives based on post-launch evaluations, refining cost estimation processes for future projects.
  • Effectively communicate cost-related findings, recommendations, and risks to stakeholders, ensuring transparency and informed decision-making.
  • Proactively identify potential risks in cost estimation and escalation procedures, working collaboratively to develop risk mitigation plans.

Scout Motors Inc. excels in the automotive industry by focusing on the development of all-electric trucks and rugged SUVs, emphasizing sustainable transportation solutions. This forward-thinking approach reflects the company's commitment to environmental responsibility and positions them at the forefront of emerging automotive technologies. Working at Scout Motors offers the opportunity to be part of a team that values innovation and is dedicated to shaping the future of the automotive sector.

Company Stage

N/A

Total Funding

N/A

Headquarters

Detroit, Michigan

Founded

2022

Growth & Insights
Headcount

6 month growth

48%

1 year growth

393%

2 year growth

4712%
INACTIVE