Analyst Costing

At Hasbro, our mission is to entertain and connect generations of fans through the wonder of storytelling and exhilaration of play. We’re looking for adventurous and curious people who want to explore, experiment, and innovate to come up with the best ideas. Our culture has inspired our diverse team of highly skilled, highly creative, and highly committed individuals for 100 years and we believe the best is yet to come.
 

We are looking for an ambitious and experienced Analyst who is committed to being part of Hasbro India's Costing team.

Responsibilities:

• To review, negotiate and finalize the product costs with suppliers in a timely manner.
• To conduct vendor cost management activities at vendor end, identify the cost reduction opportunities by enhancing the product value.
• To Support Hong kong Far East (HFE) team to analyze and complete the cost in P2M for adaptation items.
• Standardization, cost model development, cost parameters information gathering
• Responsible for the cost negotiation with toys manufacturing companies and material suppliers.
• To update the ex-factory cost for variations and adaptations in Hasbro costing systems (P2M/SAP) before first shipment to avoid revenue recognition risks and SOX non compliances.
• To update ACR, running change costs in P2M/PQS for adaptation items of the leads for China and Vietnam vendors.
• To update the costing for Carry Forward items after the Annual Cost Review negotiations as soon as possible to capture the full potential of the ACR savings.
• Partner with Engineering and Sourcing on the cost estimation and evaluation of new and carry forward items
• To create and maintain database of key market factors to support ex-factory cost analysis and negotiation (regional labor rates, resin and commodity costs, standard components etc.).

Qualifications & Skills:

• Minimum of 6 years’ experience in product costing, product engineering, industrial engineering, or procurement in manufacturing industry.

• University graduate in Manufacturing, Industrial, Mechanical, Engineering or equivalent.

• Proficient in various PC applications (e.g. Microsoft Office, P2M, SAP) and preferable familiar with CAD and Pro E.
• Knowledge and experience in continuous improvement approaches (e.g. Six Sigma, Lean manufacturing) and manufacturing processes is a definite advantage.
• Knowledge of excel VBA and Power BI would be add on.
• Energy & Passion: Boundless energy to get the job done. Eager to do the right things for Hasbro and not constrained by job description, function, departmental thinking.
• Internal Impact: Builds and maintains a solid network and partners intensively with Hasbro colleagues.
• External Impact: able to influence respectfully manufacturing partners and material suppliers to get the best ex-factory costs for Hasbro.
• Edge: strong negotiator with desire to Play to Win.
• Execution: Consistent, hands-on and pragmatic performer, consistently deliver on goals and tackles any performance issue and proactive solve them.
• Analytical Mindset: Must have analytical mindset and interest in current financial developments. Should be able to build learned forecast about the impact on the cost parameters like resin rates, labor rates and others.

Hasbro is committed to equality of opportunity in all aspects of employment. We are committed to making all employment decisions without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, marital status, or any other legally protected status.