Raw Material Cost Analyst

Competencies

• Business acumen
• Team collaboration
• High integrity
• Good verbal and written communications skills
• Strong data management, analytical and synthesis skills
• Fully proficient in cost management
• Fully proficient in Microsoft Office, advanced in Excel
• Proficient/fully proficient in Raw Materials and associated process technologies
• Experience and interest in working from a distance with different cultures
• Structured, autonomous and self-driven
• Fluent in English, both written and spoken

Qualifications

University degree in finance/business control, engineering or related field

Preferably min 2-5 years of experience with international cross-cultural exposure Mission

Raw material market prices are volatile. Within Volvo Group Purchasing Division and Business Controlling Department, Raw Material team mission is to develop and deploy raw material market expertize, tools, methods and governance that enable Purchasing to secure and enhance its raw material related performance and thus to provide a competitive advantage to the Volvo Group trucks & buses brands.

As Raw Material Cost Analyst for a Business Area, your mission is to control raw material costs and provide market impact visibility to the corresponding Purchasing organization. You are a Business Partner to this organization. You are part of a global team of Raw Material Specialists, Cost Analysts, Controller & Data Administrator and you report to Director Raw Material.

Responsibilities

• Understand parts’ suppliers raw material cost structure, supply chains and process technology
• Understand and follow-up the local Raw Material market dynamics (e.g. ferrous metals, base metals, precious metals, plastics, rubbers…)
• Translate market forecast information to cost impact forecast at segment, supplier and part level
• Analyze and validate purchasing part prices adjustments depending on the raw material market prices.
• Support Buyers in negotiation
• Track our performance versus market and establish recovery plans
• Support the Raw Material Specialists in settling or renewing Raw Material contracts with parts’ suppliers
• Contribute to build the Raw Material performance yearly budget, quarterly forecast updates and monthly closures

Authorities

Act to fulfill the above described tasks and responsibilities

Validate the Raw Material cost variances

The Volvo Group aims at being the most admired employer in the industry by attracting and engaging the best people. Volvo Group Purchasing provides competitive advantages to the Volvo Group by selecting high performing suppliers to deliver the best possible products & services with the right quality output that add real business value for our customers. We are a global division with approximately 1,300 professionals world-wide providing expertise to secure Purchasing Excellence for Customer Success. Volvo Group Purchasing has 120 BSEK in Purchasing annual spend, 2,550 suppliers in serial production, and 1,9 billion parts delivered to the Group Truck plants annually. We support the Volvo Group’s mission ‘Driving prosperity through transport solutions’ by applying the principles of Code of Conduct and responsible sourcing to the purchasing processes.