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Philips Global Cost Analyst 
Israel, Haifa District, Haifa 
757522125

24.06.2024
Global Cost Analyst


The Global Cost Analyst provides an extensive support to R&D, Procurement and Operations leaders in order to help drive cost reduction and improvement in the short and long term.
Your role:

  • Single point of contact for “integral landed cost calculations” (Actual, forecast) for both mature and new products of the CT/AMI global portfolio

  • Partner with R&D, Procurement and Operations leaders in order to help drive cost reduction and improvement in short and longer term

  • Key role in validating and tracking BOM savings and their translations the BU P&L

  • Consult and optimize strategies to improve landed costs across the different sites and product lines

  • Periodically present landed costs results, forecasts, high/low lights to upper management

  • Manage all related product data bases (Different SAP systems/databases ZDVC, ZFFP, etc’)

  • Serve as Factory Cost Price (FCP/FSP) expert for BU with internal (BU) and external (Philips key markets, finance Center of excellence) parties on iCoS and related productivity.

  • Support with Month-End Close, Forecasts, and Annual Budgeting entries and analysis to support Operations & BU

  • Working together with Operations for analysis of absorption with understanding of key drivers


You're the right fit if you have:

  • B.A degree in relevant field (business, finance, accounting, economics);

  • 2-3 Years of experience as an economist/analyst in an organization – preferably an industrial one

  • Experience in a global/hi-tech organization

  • Analytical skills, experience in working with multiple disciplines

  • Experience in budget control, analysis

  • Fluent English skills

  • Extensive Excel skills

  • Good presentation skills

  • Advanced degree - an advantage

  • Knowledge with SAP system - an advantage

  • Knowledge in Product costing - an advantage

We are a health technology company. We built our entire company around the belief that every human matters, and we won't stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help the lives of others.
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