Richmond, VA, USA
1 day ago
Manager - Cost Management

As a Manager - Cost Management you will be responsible for supplier product cost data maintenance and loading, including regional into-stock costs, published book pricing. You will provide analytic and cost audit support for sales and functions to identify supplier cost variances.  You will manage standard cost variance process.  You will own relationships with I.T. to maintain and improve required cost systems. You will own loading supplier contract and standard cost information in all systems. You will manage a team of cost analysts.

Responsibilities:

Develops and facilitates project planning, goals and departmental scheduling. Selects, manages, evaluates and develops staff. Provides staff with coaching, feedback, and developmental opportunities. Manages processing of supplier contract costs to ensure purchase order accuracy. Manages processing of third party and supplier direct price submissions. Oversees processing of daily maintenance (additions, changes, prices, etc.). Ensures data accuracy, integrity and completeness. Troubleshoots system issues and offers suggestions for resolution. Participates in interdepartmental meetings on pricing system enhancements and offers suggestions for improvement. Leads, coaches and develops team.  


Qualifications:

Bachelors Degree in Business or related field is required. 5 years required, 7 years preferred prior responsibility in pricing and data management Strong ability to analyze and interpret cost data, identify variances, and recommend corrective actions. 2 years required, 3 years preferred of management supervision. In-depth understanding of financial principles and cost management practices, including budgeting, forecasting, and financial reporting. Strong analytical skills to evaluate supplier product costs, perform audits, and support sales functions with data-driven insights. Knowledge of suppliers, customers and competitors data Ability to initiate and develop relationships with key decision makers inside and outside the company to achieve objectives. Ability to work within timelines and project deadlines Able to oversee people and processes to achieve objectives. Experience in managing and developing a team of cost analysts, including mentoring and performance management. Ability to identify opportunities for process improvements related to cost data management and reporting, and to implement solutions effectively. Excellent verbal and written communication skills for effective collaboration with cross-functional teams, suppliers, and stakeholders. Strong interpersonal skills to build and maintain relationships with IT and other departments for system improvements and collaboration. Strong computer skills.

Preferred Skills: 

Ability to lead and manage projects related to cost systems and reporting, ensuring timely delivery and alignment with organizational goals. Service Now ticket management system a plus Experience with Flintfox is a plus Strong technical skills working with multiple ERPs Proficiency in data maintenance and management, including experience with loading and maintaining cost data in financial systems. #LI-SG1
Wesco International, Inc., including its subsidiaries and affiliates (“Wesco”) provides equal employment opportunities to all employees and applicants for employment. Employment decisions are made without regard to race, religion, color, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, or other characteristics protected by law. US applicants only, we are an Equal Opportunity and Affirmative Action Employer.  

 

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