Costing Analyst
Date: Feb 9, 2024
Location: Kowloon Bay, HK
Company: Under Armour
Values & Innovation
At Under Armour, we are committed to empowering those who strive for more, and the company's values - Act Sustainably, Celebrate the Wins, Fight on Together, Love Athletes and Stand for Equality - serve as both a roadmap for our teams and the qualities expected of every teammate.
Our Values define and unite us, the beliefs that are the red thread that connects everyone at Under Armour. Our values are rallying cries, reminding us why we're here, and fueling everything we do.
Our pursuit of better begins with innovation and with our team's mission of being the best. With us, you get the freedom to go further - no matter your role. That means developing, delivering, and selling the state-of-the-art products and digital tools that make top performers even better.
If you are a current Under Armour teammate, apply to this position on theInternal Career Site Here. (https://performancemanager8.successfactors.com/sf/careers/jobsearch?bplte_company=ua&_s.crb=aNMP8gWoYkBDFn%252bz2BldysgcgQHZpVs6tHzE9smSuXE%253d)
Purpose of Role
Your Impact
Support to define the seasonal product cost negotiation strategy to optimize the profitability thru running standard and ad hoc data analysis to drive the negotiation with Apparel T1 suppliers
Applies advanced knowledge thru data analysis to project and forecast of product costing & savings improvement process
Assist and support the seasonal costing activities timeline to cope with the seasonal development calendar to enhance costing process and provide guidance to tea
Assist and support target cost setting for resource, multi-country source for T1 suppliers to develop the cost control mechanism and manage the saving tracker to provide insight to manager
Support the seasonal costing activities including product ranking and cost competitiveness input to leadership with insight on cost driver developments an supplier competitiveness using systematic costing analytics, to support for costing strategy to set for short term and long-term goal
Create & disseminate research of different & various costing structure, components, internal & external factors & drivers at model level, mix sourcing, pricings & other decisions impact overall profitability
Assist and support cross-functional initiatives and costing projects
Tools creation by setting the algorithm: Drive development, implementation and maintenance of advanced reporting and analytics tools, to increase transparency in costing and to sustain the costing performance and support sourcing strategy
Data cube: create and maintain the data cube and seasonal master data for team benchmarking and analysis
Costing Scorecard: Development and implementation of costing scorecard thru identifying seasonal cost competitiveness of vendor
Yield: support on database maintenance and seasonal master data
Cost Matrix: Gather market intelligence and understand macroeconomic changes such as macroeconomic trend / movement (wages, exchange rate etc.) and conduct cost analysis to foresee the implication to the seasonal cost matrix setting
Pre cost tool: Support Development Ops in Baltimore on pre costing thru the tool maintenance
Clearly and concisely document the costing process from origination through completion to create SOP to have the guidelines and follow calendars
Standard reporting and ad hoc reporting to be established following key reports are envisioned
Qualifications
Bachelor’s degree
2+ years of progressive work experience in analytical position, preferably in apparel/ textile industry.
Workplace Location
Location: This individual must reside within commuting distance from our HongKong office
Travel: 5%
Licenses/Certifications: N/A
Relocation
No relocation providedBase Compensation
Benefits & Perks
[EMEA, APAC, LATAM, & Canada: Edit the text to include country specific benefits verbiage]
Paid "UA Give Back" Volunteer Days: Work alongside your team to support initiatives in your local community.
Under Armour Merchandise Discounts
Competitive 401(k) plan matching.
Maternity and Parental Leave for eligible and FMLA-eligible teammates
Health & fitness benefits, discounts and resources- We offer teammates across the country programs to promote physical activity and overall well-being.
Want more details about benefits? Visit our page here (https://usbenefitsoverview.underarmour.com/)
Our Commitment to Diversity
At Under Armour, we are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and teammates without regard to race, color, religion or belief, sex, pregnancy (including childbirth, lactation and related medical conditions), national origin, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, family or paternal status and any other characteristic protected by applicable law. Under Armour believes that diversity and inclusion among our teammates is critical to our success as a global company, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. Accommodation is available for applicants with disabilities upon request.