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BOM Cost Analyst
BOM Cost Analyst-May 2024
Houston
May 2, 2025
About BOM Cost Analyst

  Job Summary

  This position will be responsible for the accuracy of the cost associated with bills of material (BOM) and shop routers in all product codes.   

  Job Duties and Responsibilities

  Development, improvement/implementation of processes associated with cost analysis of BOM’s and routings.

  Setup/maintain item codes (raw materials, semi-finished goods, finished goods) and BOM.

  Support cost accounting in reviewing cost structure.

  Will conduct time and motion studies, measuring work patterns and methods of employees & machinery with the purpose of ensuring the accuracy of costs associated with manufacturing parts and processes.

  Check BOM run rates for reasonableness and validate costs with cost accounting.

  Maintain BOMs and routings, work with plant supervisors to ensure BOMs are operationally correct and maintained.

  Tracks costs and production activities to provide insight into areas needing cost reduction and process or profit improvement

  Engage with production operators to validate run rates with time studies where necessary.

  Follow up and resolve variations in a timely manner.

  Investigate databases for inconsistencies, errors, etc. on a routine basis.

  Reviews item properties for update with production, quality, engineering, accounting/ finance, and other departments as needed.

  Support engineering change process as needed to ensure impact to part costs are accurately implemented. 

  Develop and maintain basic product, manufacturing, and quality knowledge.  Keep informed of new products or services and other general information.

  Offer and obtain assistance from peers or supervisor when needed.  Maintain flexibility in performing other related task or functions as required or assigned.

  Ensures accurate costs associated with BOM’s Records/routings and keeps records up to date.

  Identify opportunities for cost savings.  Supports implementation of cost savings measures. 

  Secondary duties will include the creation, maintenance, and accuracy of BOM’s and routing for all products.

  Job Specifications

  Skills

  High proficiency in Microsoft Office -Excel in particular

  Good understanding of how the various items that contribute to cost of an item come together for a total part cost. 

  Understands how activities and their cost are linked to products and processes

  Able to read, interpret, and extract relevant information from technical prints and specifications.

  Strong analytical and problem-solving skills

  Excellent verbal and written communication skills

  Capability to multitask and work with tight deadlines

  Excellent organizational skills and attention to detail 

  Strong analytical and problem-solving skills

  Must have strong mathematical skills

  Education

  Bachelor’s degree in Industrial Engineering or Finance preferred.

  Work Experience

  2-5 years’ experience in a manufacturing environment with experience in the application of time studies and part cost roll up in lieu of the education requirement.

  Physical Requirements

  Prolonged periods of sitting at a desk and working on a computer.

  Must be able to lift up to 35 pounds at a time.

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