Cost Analyst Job at Munchkin, Inc.

Munchkin, Inc. Los Angeles, CA

Who We Are

Munchkin is one of the most innovative and fast-growing consumer product companies in the world! After 30 years of being a leader in the baby industry, Munchkin is growing up and expanding our business reach to even more consumers with the launch of Curio, a highly curated line of home products inspired by curiosity.

Founded in 1990, Munchkin has sold billions of dollars of products through our key retail partners: Target, Walmart and Amazon and has global distribution in over 45 countries. At Munchkin, we make world-class, award-winning products, and believe in only producing the safest ones on the market. We are industry leaders in design and innovation with over 140 international product and brand design awards in the past 5 years and growing! Munchkin has a world-class portfolio of over 300 patents and has recently averaged over 20 new patents per year.

We lead with our core values and believe that investing in the community is our responsibility. We create opportunities for every child’s potential and well-being through the Radiant Colors program, work to create a sustainable future, and in partnership with the International Fund for Animal welfare have committed to animal conservation.

There is no better time than now to join Munchkin as we embark on our next and biggest growth journey moving us into technology focused, higher valued products, and household consumer goods. Munchkin is growing up and you could be the next influential leader to play a key role in driving enormous customer-centered value and join us on our journey toward rapid growth.

What You’ll Do

As a Cost Analyst, you will be evaluating product designs and make recommendations that improve the production and cost efficiencies. Your primary role will be to develop internal cost estimates used in the development process. In addition, you will review factory quotes and provide sourcing input in selecting the appropriate vendors.

  • Analyze product cost breakdowns for utilization of cost of material, material usage, and labor rates in order to meet cost objectives
  • Review and negotiate vendor quotes
  • Maintain awareness of the material and labor cost trends. Responsible for upkeeping the core commodity cost for reference.
  • Guides the Marketing and Design teams on margin attainment/expectations
  • Manages the cost budget of the assignment projects. Manage all sourcing and costing essentials to stay with the planned budget.
  • Keeps management team abreast of significant issues or developments identified during quoting phase/process
  • Interprets data quickly and evaluates potential issues to the appropriate level of review
  • Mentor and develop staff to facilitate effective performance across all phases of the sourcing and costing processes
  • Other duties may be assigned

Bring It!

  • Bachelor's degree in industrial engineering, mathematic or economic from a four-year college or university
  • Minimum of 3+ years related experience and/or training or equivalent combination of education and experience
  • Proficiency using Microsoft Office applications (Excel, Word, PowerPoint, and Outlook)
  • Minimum 3+ years of cumulative experience in one or more of the following:
    • Cost Estimation
    • Cost Benefit Analysis
  • Strong quantitative skills and must have demonstrated the ability to apply analytical skills to problem solving

We Got You Covered!

As a Great Place to Work Certified™ company, we are committed to offering the best to our employees. We offer a comprehensive benefits package that includes medical, vision, dental, and life coverages, wellness benefits, generous employer-matched 401(k) plan, bonuses, opportunities to earn equity, and much more. We focus on supporting employee development and growth.

We regularly hold social functions to foster a genuine camaraderie that enhances teamwork. At our company-wide award functions, we take time to recognize the talent and dedication of the people who make Munchkin the most loved baby lifestyle brand in the world.

We offer work-life balance benefits such as paid maternity and paternity leave, hybrid work schedules, and annual weeklong global office closures giving our people a chance to recharge!

Salary range: $65,000 - $85,000 annually

To learn more, visit us at www.munchkin.com.

Munchkin embraces diversity and is proud to be an equal opportunity employer.

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