WHO WE ARE:

Since 1906, New Balance has empowered people through sport and craftsmanship to create positive change in communities around the world. We innovate fearlessly, guided by our core values and driven by the belief that conventions were meant to be challenged. We foster a culture in which every associate feels welcomed and respected, where leaders and creatives are inspired to shape the world of tomorrow by taking bold action today.

JOB MISSION:

Due to expansion New Balance are looking for a Product Cost Analyst to join our Product Development team in the UK. The Product Cost Analyst plays a crucial role in supporting the EMEA-based Global Football and Lifestyle Product Teams. You will analyse and report footwear product costs throughout the product creation cycle. Your responsibilities will include ensuring projects adhere to cost guidelines, providing cost-saving recommendations, and preparing detailed cost reports at each milestone.
Ideal candidates will be happy to work with a large cross-functional team but remain self-motivated to achieve tight deadlines. We are looking for someone who’s passionate about the products we create as this role will have a significant impact on the growth and success of the team.
We offer hybrid working and a flexibility to working hours to accommodate for a healthy work life balance. Bi-annual travel to the US will be required.

MAJOR ACCOUNTABILITIES:

• Support Football and Lifestyle development teams with their cost analysis
• Adhere to established cost guidelines and requirements
• Collaborate with cross-functional teams to provide accurate costing information and direction
• Identify and recommend cost-saving options throughout the product development process
• Provide daily/weekly estimates of product costs, capturing changes from Design, Development, and Marketing teams
• Prepare and report detailed product costs at each milestone, ensuring accuracy and completeness
• Review, analyse, verify, negotiate, and confirm product costs within the required timeline

REQUIREMENTS FOR SUCCESS:

• Educated to degree level, ideally within a Financial related position
• Previous experience within an analytical role, preferably in product costing or financial analysis
• Proficient in modern data analysis tools and software, including MS365 Apps (Excel, Word, PowerPoint, SharePoint, Teams) and familiarity with data visualization tools like Tableau or Power BI is a plus
• Strong analytical mindset with excellent organizational skills and attention to detail
• Excellent communication skills, including verbal, written, presentation, and negotiation abilities
• Able to work effectively in a collaborative with cross-functional teams
• Team player with great interpersonal skills and capable of building strong relationships with key stakeholders
• Ability to handle multiple tasks and prioritise effectively in a fast-paced, dynamic environment
• Motivated with proactive approach and desire to succeed

Please refer the Job description for details