Job Description

We are seeking a highly analytical and detail-oriented Cost Analyst to join our Cost Management team. The successful candidate will be responsible for monitoring, analyzing, and reporting on costs and expenditures across the organization. This role plays a key part in budget planning, cost control, and financial optimization, ensuring resources are used efficiently and aligned with the company’s strategic objectives.

Key Responsibilities:

Budget Planning & Management
- Assist in the preparation, development, and review of annual budgets and forecasts.
- Monitor budget performance and identify variances between actual and projected costs.
- Provide actionable insights and recommendations to improve budget accuracy and cost-efficiency.
Cost Analysis & Reporting
- Analyze cost structures and provide detailed reports on cost trends, cost allocations, and profitability.
- Prepare monthly, quarterly, and annual cost analysis reports for management.
- Work with department heads to ensure costs are within budget and highlight areas for improvement.
Financial Modeling & Forecasting
- Build and maintain cost models to support strategic planning and decision-making.
- Conduct what-if scenarios and variance analyses to support business cases.
Cross-Functional Collaboration
- Partner with procurement, operations, and finance teams to ensure accurate cost allocation and tracking.
- Support project managers in developing cost estimates and tracking project budgets.
Compliance & Process Improvement
- Ensure compliance with internal financial policies and external regulations.
- Identify opportunities for cost savings and implement process improvements to enhance financial efficiency.

Qualifications:

Bachelor’s degree in Accounting, Finance, Economics, or a related field
2–5 years of experience in cost analysis, budgeting, or financial planning.
Strong proficiency in Excel and financial modeling tools (e.g., SAP, Oracle, QuickBooks, or similar ERP systems).
Excellent analytical, problem-solving, and communication skills.
Ability to manage multiple priorities and meet tight deadlines.

Preferred Skills:

Experience working in manufacturing or project-based environments, with a strong understanding of related cost structures and workflows.
Solid knowledge of Generally Accepted Accounting Principles (GAAP) and financial compliance standards.
Proficiency in financial analysis tools and ERP systems (e.g., SAP, Oracle, or similar platforms) is a plus.
Strong analytical, critical thinking, and problem-solving skills with a keen attention to detail.
Ability to communicate complex financial data clearly and effectively to both financial and non-financial stakeholders.

Work Location: Santa Clara, CA (Onsite)

Annual Salary Range: 70K - 90K

About Foxconn

Established in Taiwan in 1974, Hon Hai Technology Group (Foxconn) (2317: Taiwan) is the world’s largest electronics manufacturer. Foxconn is also the leading technological solution provider, and it continuously leverages its expertise in software and hardware to integrate its unique manufacturing systems with emerging technologies. By capitalizing on its expertise in Cloud Computing, Mobile Devices, IoT, Big Data, AI, Smart Networks, and Robotics / Automation, the Group has expanded not only its capabilities into the development of electric vehicles, digital health and robotics, but also three key technologies –AI, semiconductors and new-generation communications technology – which are key to driving its long-term growth strategy and the four core product pillars: Consumer Products, Enterprise Products, Computing Products and Components and Others. In 2021, Hon Hai's annual revenue reached NT$5.99 trillion.

The company has established R&D and manufacturing centers in other markets around the world including China, India, Japan, Vietnam, Malaysia, Czech Republic, U.S. and more. With a focus on research and development, the company owns more than 54,253 patents. In addition to maximizing value-creation for customers who include many of the world’s leading technology companies, Foxconn is also dedicated to championing environmental sustainability in the manufacturing process and serving as a best-practices model for global enterprises.

The company has received widespread international accolades and recognition since its establishment. The company ranked 22nd on the Fortune Global 500 rankings in 2021 and 25th in the Top 100 Digital Companies in the Forbes ranking of the World’s Best Employers in 2019. Moreover, on Forbes’ World’s Best Employers 2021 rankings, the company ranked 1st in Taiwan. Foxconn is also the only Taiwanese private company awarded for 5 consecutive years of Clarivate Top 100 Global Innovators (2018 - 2022).

Industry

Manufacturing & Production

Company Size

10,000+ employees

Headquarters

Unknown

Year Founded

Unknown

Website

foxconn.com

Social Media