COST SPECIALIST SKILLS, EXPERIENCE, AND JOB REQUIREMENTS

Published: August 26, 2024 - The Cost Specialist possesses an analytical background, emphasizing problem identification and resolution, crucial for effective project and program management. Mastery of cost management practices, including earned value management and cost risk analysis, ensures robust financial oversight. Equipped with strong interpersonal skills and proficiency in cost management software, the specialist excels in both independent and collaborative settings, addressing challenges across all organizational levels.

Essential Hard and Soft Skills for a Standout Cost Specialist Resume
  • Cost Analysis
  • Financial Forecasting
  • Earned Value Management
  • Risk Assessment
  • Budgeting
  • Data Analytics
  • Cost Management Software Proficiency
  • Procurement Strategy
  • Project Scheduling
  • Advanced Excel Skills
  • Problem-Solving
  • Communication
  • Adaptability
  • Attention to Detail
  • Negotiation
  • Decision-Making
  • Teamwork
  • Time Management
  • Conflict Resolution
  • Strategic Thinking

Summary of Cost Specialist Knowledge and Qualifications on Resume

1. BA in Finance with 4 Years of Experience

  • Analytical background with skills in problem identification and resolution
  • Proven record of implementation of cost management practices on projects and programs
  • Proven record of managing change within a project and program environment
  • In-depth knowledge of cost management methods and tools including earned value management
  • Analytical background with skills in problem identification and resolution
  • Knowledge of cost risk analysis
  • Good interpersonal skills with the confidence to deal with people at all levels
  • Capable of working proactively, independently, and collaboratively as part of a wider team
  • Good IT knowledge
  • Practical experience in the use of cost management software (e.g. Cobra, Ecosys)

2. BA in Business Administration with 5 Years of Experience

  • Strong communication, organizational & presentation skills are evident.
  • Required computer skills in Microsoft Office, CRM, and social media applications.
  • Ability to work with limited supervision, confidence to take the necessary initiatives to achieve success, and a creative nature to guide the company vision
  • Good verbal and written communication skills including report writing and presentation skills
  • Able to successfully manage time, plans, projects, and other related tasks
  • Ability to work with remote and distributed teams from a variety of backgrounds and skillsets
  • Proactive with the ability to work autonomously with minimal oversight
  • Experience in Cost Controls

3. BA in Economics with 5 Years of Experience

  • A highly motivated, organised, proactive and enthusiastic individual
  • Proven ability to work and motivate with utmost tact and diplomacy in supplier negotiation
  • Relevant degree in Engineering, Procurement management and/or equivalent experience
  • Experience working with ISO 13485 is essential with direct experience working in the IVD industry 
  • Ability to manage multiple projects simultaneously, resolve problems, meet deadlines, and handle fast paced critical work environment
  • Strong analytical skills and spreadsheets including should cost modelling and budgetary analysis of projects and recommendation presentation
  • Outstanding teamwork and ability to interact with external and internal partners on fastpaced projects utilising significant influence, negotiation, and collaboration skills and strong communicator
  • Expertise in manufacturing processes and the cost drivers associated with them. 
  • Knowledge of ERP systems or equivalent
  • APICS certification

4. BA in Finance with 3 Years of Experience

  • Effective written and verbal communication skills.
  • Knowledge of Head Start Program Performance Standards
  • Efficient with entire Microsoft Suite, with ability to negotiate Microsoft Office with a solid knowledge of Microsoft Excel formulations.
  • Data entry and administrative assistance experience 
  • Work well independently and collaboratively with others
  • Ability to analyze information and apply it
  • Experience working with SAP
  • Strong organizational skills to meet deadlines and deliver accurate and relevant reporting, combined with good analytical skills
  • Comfortable working in a fast moving, frequently changing environment, with the ability to adapt to changing priorities.

5. BA in Business Administration with 5 Years of Experience

  • Honesty, integrity and personal accountability
  • Strong customer service orientation
  • Positive leadership style and ability to create a high morale manufacturing environment
  • Autonomous, self‐starter
  • Superior planner and organizer
  • Holds self personally accountable
  • Demonstrated achievement orientation
  • Ability to facilitate and support grow
  • Previous experience as an Owner’s Representative
  • Experience with SAP ERP

6. BA in Economics with 3 Years of Experience

  • Skills MS Excel advanced: Pivot Tables
  • Skills MS PowerPoint-PowerPoint presentations.
  • Experience with large data sets
  • Able to communicate and make presentations to senior level leadership 
  • Strict attention to detail
  • Experience in cost accountant (Standard Cost)
  • Experience in inventory valuation (Average, FIFO)
  • Highly dynamic person accustomed to operational work
  • Manufacturing Industry experience
  • SAP or Business Warehouse experience
  • Experience with Business Intelligence Tools (Microsoft Power Query, MS Analysis, Webi)
  • Strong communication skills both written and verbal
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