In short
The Costing Senior Analyst is responsible for developing, analyzing, and validating product costs across Apparel & Accessories categories. This role partners closely with Product Strategy, Product Development, Finance and Suppliers to ensure accurate, competitive, and transparent costing that supports margin targets and On's growth plans
Your mission
- Validate and analyze FOB, CMT, and detailed cost breakdowns for apparel and accessories, ensuring accuracy and transparency.
- Build, standardize, and maintain cost models by product type, dimensions, factory, and country of origin.
- Identify key cost drivers and savings opportunities, benchmarking competitiveness across factories and countries.
- Lead target costing and margin planning for seasonal lines (SS/FW), partnering with Finance on scenario simulations.
- Support pricing decisions, line reviews, and business case evaluations with data-driven cost insights.
- Collaborate with T1 suppliers to validate cost structures, challenge assumptions (min rate, yields, MOQs, efficiencies), and drive cost transparency.
- Develop and maintain costing tools and dashboards (PLM modules, trackers, and what-if simulations), ensuring data integrity and audit readiness.
- Establish and continuously improve costing standards, templates, and governance, providing strategic cost insights to management for sourcing decisions.
Your story
- Deep expertise in apparel & accessories costing, including fabric, trims, wastage %, min rate, CMT, and full cost structure analysis.
- 68+ years of experience in apparel costing, sourcing, or product development across multiple product categories (apparel, accessories, FMCG preferred).
- Strong commercial acumen with proven negotiation capability, able to challenge costs constructively with suppliers and internal stakeholders.
- Advanced analytical and problem-solving skills, translating data into actionable business insights.
- Advanced Google Sheets proficiency, including pivot tables, complex formulas, dashboards, and scenario simulations.
- Experience working with PLM systems and global supplier bases.
- Clear and confident cross-functional communicator who collaborates across Finance, Sourcing, and Product teams.
- Detail-oriented, structured, and commercially driven, with a bachelor's degree in Business, Finance, Supply Chain, Engineering or a related field.
What We Offer
On is a place that is centered around growth and progress. We offer an environment designed to give people the tools to develop holistically to stay active, to learn, explore and innovate. Our distinctive approach combines a supportive, team-oriented atmosphere, with access to personal self-care for both physical and mental well-being, so each person is led by purpose.
On is an Equal Opportunity Employer. We are committed to creating a work environment that is fair and inclusive, where all decisions related to recruitment, advancement, and retention are free of discrimination.
