Plant Cost Analyst job opportunity at International Flavors & Fragrances (IFF).

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International Flavors & Fragrances (IFF) Plant Cost Analyst
Experience: 3-years
Pattern: full-time
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degreeMaster's (M.A.)
loacation Budapest, Hungary, Hungary
loacation Budapest, Hung..........Hungary

Job Summary We are seeking a Plant Cost Analyst to join our Budapest Global Shared Services team. In this role, you will provide critical financial insights to plant leadership, analyze product and production costs, coordinate budgeting and forecasting processes, and support productivity and performance improvement initiatives. You will play a key role in strengthening standard costing, enhancing internal controls, and contributing to global cost analysis projects, while partnering closely with cross‑functional teams in a dynamic manufacturing environment. Where You’ll Make a Difference Provide financial support to Plant Managers and local leadership, contributing to accurate decision‑making. Analyze product cost development, unit cost evolution, and plant productivity to highlight risks and opportunities. Coordinate the annual budgeting process for the plant, focusing on cost structures, capacity, and impact on final product costs. Lead monthly production cost variance forecasting in close collaboration with plant leadership. Maintain and strengthen the standard costing framework, ensuring proper governance of Material Master data. Develop, implement, and communicate KPIs that clearly reflect plant performance, delivering monthly reporting using global tools and plant‑specific analyses. Support the monthly Integrated Operations Review and assist in achieving plant productivity targets. Uphold a strong internal control environment and contribute to global projects within the Plant Cost Analysis organization, including process and IT tool improvements. What Makes You the Right Fit University degree in Accounting, Finance, Economics, or Engineering . 2–3 years of plant controlling experience in a manufacturing environment . Strong understanding of manufacturing processes, cost drivers, and operational impacts. Experience in implementing or improving financial and operational processes. Proficiency in ERP/SAP, Business Warehouse, and advanced Office applications. Knowledge of standard costing environments and cost governance frameworks. Strong communication and business partnering skills, with the ability to influence and collaborate across teams. High level of integrity and commitment to internal controls and business ethics. Strong analytical thinking, problem‑solving skills, and a drive for results. How Would You Stand Out? Prior experience in global shared services or multinational manufacturing organizations. Demonstrated success in cost improvement or productivity‑enhancement projects. Advanced skills in data analytics, KPI dashboarding, or digital reporting tools. Why Choose Us? Work for a global industry leader in scent, taste, nutrition, and biosciences solutions. Join a dynamic team within our Budapest Global Shared Services center operating in a hybrid model. Benefit from a structured professional onboarding program and continuous learning & development opportunities. Enjoy a supportive, multinational environment with strong collaboration and knowledge-sharing culture. Competitive benefits package (cafeteria plan, health insurance, training programs). Hybrid working opportunity (3 days home office per week). 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

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