Cost Analyst

Cost Analyst Location: Stroud Hours: Full Time, Permanent Monday to Thursday 8:00am - 4:00pm, Friday 8:00am - 1:00pm Salary: £32,000 per annum Key Responsibilities of a Cost Analyst: * Develop and maintain cost models and pricing structures to support tenders and sales opportunities. * Carry out costing, pricing and margin analysis across bids and proposals. * Obtain and evaluate supplier quotations for materials, components and services. * Identify commercial risks, assumptions and opportunities within cost submissions. * Support procurement strategies aligned to commercial and operational objectives. * Analyse historical pricing, cost data and win/loss information to improve future performance. * Provide insight into pricing strategies, discount structures and commercial decision-making. * Maintain accurate costing records, documentation and approval trails. * Work closely with Sales, Engineering, Supply Chain, Planning and Finance teams. * Support continuous improvement of costing tools, templates and commercial processes. Key Skills of a Cost Analyst: * Previous experience in a costing, pricing, tendering or commercial role. * Strong understanding of cost structures, pricing models and margin analysis. * Excellent analytical and numerical skills with a high level of attention to detail. * Advanced Microsoft Excel skills and confidence working with complex spreadsheets. * Experience using CRM systems and sales data. * Strong organisational and communication skills. * Ability to manage commercially sensitive information with discretion. * Experience within engineering, manufacturing, industrial or project-based environments would be advantageous