Plant Cost Analyst

Posted Yesterday
Be an Early Applicant
Kunshan, Suzhou, Jiangsu, CHN
In-Office
Mid level
Biotech • Manufacturing
The Role
Provide plant financial business partnering, analyze product and unit cost performance, lead plant budgeting, govern standard costing and material master data, forecast and explain production cost variances, deliver monthly financial reporting and KPIs, and support global finance initiatives and process improvements.
Summary Generated by Built In

Job Summary

Are you ready to take your skills to the next level?

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

Skills Required

  • Bachelor's degree 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
  • Experience with ERP systems such as SAP, Oracle, or similar platforms
  • Strong analytical and problem-solving skills with ability to translate financial data into actionable insights
  • Effective communication and stakeholder management skills, experience partnering with plant leadership and cross-functional teams
  • Fluent English communication skills, both written and spoken
  • Experience in multinational manufacturing companies and supporting plant finance/operations (regional or global)
  • Professional certification such as CPA, CMA, ACCA or equivalent
  • Experience with Power BI, Tableau, financial automation tools, or process improvement projects (Lean/Six Sigma)

IFF Family of Companies Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about IFF Family of Companies and has not been reviewed or approved by IFF Family of Companies.

  • Fair & Transparent Compensation Pay is considered competitive in many roles and locations, and compensation is often described as good.
  • Parental & Family Support A global minimum of 16 weeks of fully paid parental leave for all new parents is in place. This policy is positioned as a notable component of the overall package.
  • Leave & Time Off Breadth Core offerings include paid time off, sick days, holidays, and sabbatical leave. Flexible scheduling options such as compressed workweeks and hybrid/remote arrangements are available where feasible.

IFF Family of Companies Insights

Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Chicago, IL
13,014 Employees

What We Do

Meet IFF: We boldly bring together science and creativity to create what the world needs. An industry leader in food, beverage, health and biosciences, we create essential solutions – from global icons to unexpected innovations and experiences. Equal parts outspoken and analytical, our international collective of thinkers working with customers to bring scents, tastes, experiences, ingredients and solutions for products people crave. With 24,000 employees across 65 countries, more than 110 manufacturing facilities, 100 R&D centers, and 33,000 customers across the world, we’re poised to make a difference on an unprecedented scale. Without our boundary-pushing passion and end-to-end expertise, the future wouldn’t be the same. Visit us at www.iff.com to learn more about how our talented people and new technology are challenging the expected, championing creators and doing more good for people and planet. Explore what sets us apart.

Similar Jobs

Qnity Electronics, Inc. Logo Qnity Electronics, Inc.

Plant Cost Analyst

Artificial Intelligence • Semiconductor • Chemical • Manufacturing
In-Office
Kunshan, Suzhou, Jiangsu, CHN
10000 Employees

Tapestry - Coach and Kate Spade Logo Tapestry - Coach and Kate Spade

COACH-销售顾问-南京金鹰

eCommerce • Fashion • Retail • Sales • Wearables • Design
Hybrid
Nanjing, Jiangsu, CHN
16000 Employees

Pfizer Logo Pfizer

代谢事业部-医学信息沟通专员-南京

Artificial Intelligence • Healthtech • Machine Learning • Natural Language Processing • Biotech • Pharmaceutical
In-Office
Nanjing, Jiangsu, CHN
121990 Employees

UL Solutions Logo UL Solutions

Senior Engineering Technician

Automotive • Professional Services • Software • Consulting • Energy • Chemical • Renewable Energy
Hybrid
Suzhou, Jiangsu, CHN
15000 Employees

Similar Companies Hiring

Fortune Brands Innovations Thumbnail
Manufacturing
Deerfield, IL
10000 Employees
Rosendin Thumbnail
Other • Manufacturing
San Jose, CA
6219 Employees
Amalgamated Sugar Thumbnail
Food • Greentech • Agriculture • Industrial • Manufacturing
Boise, Idaho
768 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account