Strategic Cost Optimization Specialist

2 months ago


Århus, Århus Kommune, Denmark Vestas Full time

Unlocking Financial Excellence



Vestas is seeking a highly skilled Strategic Cost Optimization Specialist to join our innovative team. As a key member of our organization, you will play a crucial role in driving financial performance and delivering sustainable business growth.



Main Responsibilities


  • Cost Out Improvement


    • Develop and implement a holistic cost optimization strategy to reduce costs across the value chain.
    • Collaborate with cross-functional teams to identify and evaluate cost-saving opportunities.
    • Design and implement actionable recommendations to optimize costs while maintaining quality.


  • Executive Management Reporting


    • Work closely with senior leadership to create insightful reports and dashboards.
    • Translate complex financial data into clear, concise insights for decision-makers.
    • Provide regular updates on cost reduction initiatives and financial performance.


  • Strategic Planning and Execution


    • Design and implement strategic initiatives aimed at achieving long-term cost savings.
    • Evaluate investment decisions, capital allocation, and risk management.
    • Monitor progress and adjust strategies as needed to meet financial goals.


  • Change Management and Stakeholder Engagement


    • Collaborate with business units to drive adoption of cost-saving measures.
    • Communicate the rationale behind cost optimization efforts to gain buy-in from stakeholders.
    • Facilitate workshops and training sessions to embed cost-conscious practices across the organization.


  • Industry Benchmarking and Best Practices


    • Stay informed about industry trends, benchmarks, and emerging practices.
    • Benchmark our cost structures against industry peers and identify areas for improvement.
    • Implement best practices to enhance cost efficiency.


    Requirements


    • Proven experience in cost optimization and financial analysis.
    • Bachelor's degree in economics, business, or a related field.
    • Strong analytical skills and proficiency in data-driven decision-making.
    • Ability to work collaboratively in a team environment.
    • Proficiency with reporting tools, BI reporting, financial modeling software, and data visualization platforms.


    About Vestas

Vestas is the energy industry's global partner on sustainable energy solutions. We are specialized in designing, manufacturing, installing, and servicing wind turbines, both onshore and offshore. With 29,000 employees globally, we are a diverse team united by a common goal: to power the solution – today, tomorrow, and far into the future.



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