Plant Cost Analyst

Job Summary

IFF is a global leader in flavors, fragrances, food ingredients, health, and biosciences. We deliver sustainable innovations that elevate everyday products.

Within IFF, the Plant Cost Analysis organization plays a critical role in supporting Operations and Finance by driving transparency, productivity, and cost excellence across our manufacturing footprint.

The Plant Cost Analyst role is based in [location] ([onsite / hybrid]). You will join a collaborative, analytical, and performance‑driven team where partnership with plant leadership and operations is key to delivering impact. Your potential is our inspiration.

Where You’ll Make a Difference

Act as a financial business partner to Plant Managers and local leadership, providing clear insights into operational and cost performance

Analyze production, fabrication, and unit costs, identifying trends, risks, and improvement opportunities

Monitor and verify market price changes and assess their impact on product and manufacturing costs

Coordinate and analyze product cost development, standard costing, and productivity initiatives

Support the monthly Integrated Operations Review, including variance analysis and performance explanations

Lead and coordinate the monthly production cost variance forecast in close collaboration with plant leadership

Prepare detailed monthly plant reporting using global financial tools combined with plant‑specific analysis

Support the annual plant budget process, focusing on cost, capacity, and impact on final product pricing

Control and validate process orders, physical inventories, and material movements (local and imported)

Maintain strong internal controls, governance of material master data, and compliance with business ethics

Actively contribute to global and regional Plant Cost Analysis projects, including process and IT tool improvements

What Makes You the Right Fit

University degree in Accounting, Finance, Economics, or Engineering

Experience or strong exposure to manufacturing, plant finance, or cost analysis environments

Solid understanding of standard costing and production cost structures

Strong analytical skills with the ability to translate data into clear, actionable insights

Proficiency with ERP systems (SAP), Business Warehouse, and Microsoft Office tools

Ability to collaborate effectively across Operations, Finance, and Supply Chain

Strong communication skills and confidence in engaging with senior plant stakeholders

High level of control awareness, integrity, and commitment to internal controls

Fluent in English and the local language

How Would You Stand Out?

Experience working in a global manufacturing or chemical/ingredients environment

Hands‑on involvement in productivity improvement or cost optimization initiatives

Demonstrated ability to improve financial tools, dashboards, or reporting processes

Why Choose Us?

Be part of a global, purpose‑driven company with a strong sustainability agenda

Gain deep exposure to manufacturing operations and financial analytics

Work closely with plant leadership and influence real business decisions

Access continuous learning and career development opportunities

Collaborate within a diverse, international finance community

Make a tangible impact on productivity, cost transparency, and operational excellence

IFF is a global leader in flavors, fragrances, food ingredients, health, and biosciences. We deliver sustainable innovations that elevate everyday products.

Within IFF, the Plant Cost Analysis organization plays a critical role in supporting Operations and Finance by driving transparency, productivity, and cost excellence across our manufacturing footprint.

The Plant Cost Analyst role is based in Asturias on a hybrid model. You will join a collaborative, analytical, and performance‑driven team where partnership with plant leadership and operations is key to delivering impact. Your potential is our inspiration.

Where You’ll Make a Difference

• Act as a financial business partner to Plant Managers and local leadership, providing clear insights into operational and cost performance
• Analyze production, fabrication, and unit costs, identifying trends, risks, and improvement opportunities
• Monitor and verify market price changes and assess their impact on product and manufacturing costs
• Coordinate and analyze product cost development, standard costing, and productivity initiatives
• Support the monthly Integrated Operations Review, including variance analysis and performance explanations
• Lead and coordinate the monthly production cost variance forecast in close collaboration with plant leadership
• Prepare detailed monthly plant reporting using global financial tools combined with plant‑specific analysis
• Support the annual plant budget process, focusing on cost, capacity, and impact on final product pricing
• Control and validate process orders, physical inventories, and material movements (local and imported)
• Maintain strong internal controls, governance of material master data, and compliance with business ethics
• Actively contribute to global and regional Plant Cost Analysis projects, including process and IT tool improvements
  
  

What Makes You The Right Fit

• University degree in Accounting, Finance, Economics, or Engineering
• Experience or strong exposure to manufacturing, plant finance, or cost analysis environments
• Solid understanding of standard costing and production cost structures
• Strong analytical skills with the ability to translate data into clear, actionable insights
• Proficiency with ERP systems (SAP), Business Warehouse, and Microsoft Office tools
• Ability to collaborate effectively across Operations, Finance, and Supply Chain
• Strong communication skills and confidence in engaging with senior plant stakeholders
• High level of control awareness, integrity, and commitment to internal controls
• Fluent in English and the local language
  
  

How Would You Stand Out?

• Experience working in a global manufacturing or chemical/ingredients environment
• Hands‑on involvement in productivity improvement or cost optimization initiatives
• Demonstrated ability to improve financial tools, dashboards, or reporting processes
  
  

Why Choose Us?

• Be part of a global, purpose‑driven company with a strong sustainability agenda
• Gain deep exposure to manufacturing operations and financial analytics
• Work closely with plant leadership and influence real business decisions
• Access continuous learning and career development opportunities
• Collaborate within a diverse, international finance community
• Make a tangible impact on productivity, cost transparency, and operational excellence
• IFF offers an attractive compensation and benefits package designed to support your health, wellbeing, and work-life balance, including:
• Comprehensive medical coverage for you, with optional coverage for your family.
• Pension plan to support your long-term financial security.
• Life and accident/disability insurance.
• Benefits Club with exclusive discounts and savings on everyday purchases and vacation packages through a wide network of providers.
• Employee Assistance Program (EAP), offering confidential access to a wide range of wellbeing, financial, and personal support services for you and members of your household.
• Remote work options.*
• Flexible working hours.*
  

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