Cost Analyst

• Analyze and monitor the global development of prices for trading goods and intercompany prices with regards to material, energy, personnel, logistics and overhead costs to identify variances and improvement opportunities
• Support decision making in sourcing council
• Perform cost variance analysis (actual vs. standard, actual vs. budget)
• Prepare regular management reports with cost insights, variance commentary, and recommendations
• Contribute to product costing and pricing decisions for new products or special customer projects
• Support in monthly, quarterly, and annual closing activities with detailed cost analysis and explanations
• Support annual budgeting and rolling forecasts with cost assumptions and scenario analysis
• Develop and maintain cost KPIs and dashboards for management reporting. Ensure data accuracy and consistency across systems and reports
• Support in reporting key financial and non-financial KPIs of the Business Unit, including special reports, and presentations (e.g. for Supervisory Board, Works Council, Economic Committee, statutory reporting)
• Support reporting of measures
• Support for the management team and risk manager in identifying, managing, and reporting risks, as well as developing and establishing proactive risk reporting

• University degree (Bachelor/Master/Diploma) in Business Administration with a focus on Finance/Controlling/Management Accounting
• Minimum 3 years of relevant professional experience
• Strong analytical and conceptual skills
• Excellent MS Office skills, especially Excel
• Experience with related processes, reports and ideally ERP/reporting systems (e.g. SAP)
• Power BI knowledge is an advantage
• Good valuation and modeling abilities
• High degree of self-motivation, initiative, and assertiveness
• Excellent teamwork and communication skills
• Strong sense of responsibility, openness, and resilience
• Willingness for continuous professional development
• Fluent English (written and spoken), German is an advantage

thyssenkrupp is an international industrial and technology group with around 98,000 employees. In the fiscal year 2023/2024, the company generated sales of €35 billion in 47 countries. Its business activities are bundled in five segments: Automotive Technology, Decarbon Technologies, Materials Services, Steel Europe and Marine Systems. With extensive technology know-how, the businesses develop innovative solutions for the challenges of the future, especially in the fields of climate protection, the energy transition, digital transformation in the industry and mobility of the future.

In the Hungarian development center with our engineering team of 1000 we are present as an innovative and significant partner in one of the fastest growing and most exciting segment of the automotive industry, in the field of electromechanical steering systems. With outstanding quality and high-tech developments we meet the needs of renowned car manufacturers and our developments can be found in 25 % of the manufactured cars all over the world. Our engineers work on new challenges that can change the future of automotive.