Plant Cost Analyst
Job Summary
Job Description
IFF is a global leader in flavors, fragrances, food ingredients and health & biosciences. We deliver sustainable innovations that elevate everyday products.
Global Business Service: We are proud of delivering streamlined, scalable support—enhancing efficiency, compliance and service excellence across the company.
GL Team Description: Agile, Resilient, Motivated, Communicative, Dedicated
The role is based in Kunshan City, China. Be part of a Plant Analyst Cost Team in GBS where together we can achieve greatness and make a real impact. Your potential is our inspiration.
Where You’ll Make a Difference
- Provide financial business partnering support to the Plant Manager and local leadership team, enabling informed operational and financial decisions.
- Analyze product cost development, unit cost performance, and productivity metrics, identifying cost drivers and improvement opportunities.
- Lead and coordinate the annual budgeting process, focusing on plant costs, production capacity, and financial impact on product profitability.
- Drive cost optimization initiatives in collaboration with plant functions and support execution of productivity improvement projects.
- Maintain and govern standard costing processes, including material master data accuracy and costing integrity.
- Coordinate monthly production cost variance forecasting and analysis, providing clear explanations of key variances and risks.
- Prepare and deliver monthly plant financial reporting and KPI analysis, leveraging global reporting tools and local business insights.
- Support global finance and operations initiatives, including internal control compliance, process improvements, system automation, and implementation of global tools.
What Makes You the Right Fit
- Bachelor's degree or above in Finance, Accounting, Economics, Business Administration, or related field.
- Minimum 3-5 years of experience in Plant Controlling, Cost Accounting, FP&A, Manufacturing Finance, or related roles.
- Strong knowledge of standard costing, product costing, budgeting, forecasting, and variance analysis.
- Solid understanding of manufacturing operations, production processes, capacity planning, and productivity measurement.
- Advanced proficiency in Excel and experience with ERP systems such as SAP, Oracle, or similar platforms.
- Strong analytical and problem-solving skills with the ability to translate financial data into actionable business insights.
- Effective communication and stakeholder management skills, with experience partnering with plant leadership and cross-functional teams.
- Fluent English communication skills, both written and spoken, capable of working within a global organization.
How Would You Stand Out?
- Experience in multinational manufacturing companies and supporting plant finance/operations in a regional or global environment.
- Professional certification such as CPA, CMA, ACCA, or equivalent.
- Experience with Power BI, Tableau, financial automation tools, or process improvement projects (Lean/Six Sigma).
Why Choose Us?
- Attractive profit, including free shuttle bus, lunch etc.
- Home office opportunity (2 days/week after probation)
- Work-Life balance
- Training opportunities
- Learning and development programs
- Great team collaboration
We are a global leader in taste, scent, and nutrition, offering our customers a broader range of natural solutions and accelerating our growth strategy. At IFF, we believe that your uniqueness unleashes our potential. We value the diverse mosaic of the ethnicity, national origin, race, age, sex, or veteran status. We strive for an inclusive workplace that allows each of our colleagues to bring their authentic self to work regardless of their religion, gender identity & expression, sexual orientation, or disability.
Visit IFF.com/careers/workplace-diversity-and-inclusion to learn more