BUILT TO CONNECT

At Astec, we believe in the power of connection and the importance of building long-lasting relationships with our employees, customers and the communities we call home. With a team more than 4,000 strong, our employees are our #1 advantage. We invest in skills training and provide opportunities for career development to help you grow along with the business. We offer programs that support physical safety, as well as benefits and resources to enhance total health and wellbeing, so you can be your best at work and at home.

Our equipment is used to build the roads and infrastructure that connects us to each other and to the goods and services we use. We are an industry leader known for delivering innovative solutions that create value for our customers. As our industry evolves, we are using new technology and data like never before.

We’re looking for creative problem solvers to build the future with us. Connect with us today and build your career at Astec.

LOCATION: Chattanooga, TN

ABOUT THE POSITION

The Cost Control Manager is responsible for analyzing and managing the cost structure of aftermarket parts to improve product margins and support strategic pricing decisions. This role collaborates cross-functionally with procurement, engineering, product management, and supply chain teams to identify cost-saving opportunities, optimize sourcing strategies, and enhance profitability across the product portfolio.

Deliverables & Responsibilities

·         Analyze product-level cost structures across the aftermarket parts portfolio to identify margin improvement opportunities.

·         Collaborate with procurement and supply chain teams to optimize sourcing, negotiate better supplier terms, and reduce landed costs.

·         Partner with product management and engineering to evaluate design alternatives and manufacturing efficiencies that reduce cost.

·         Support pricing strategy development by providing detailed cost and margin analysis.

·         Develop and maintain cost models for key product categories, including BOM (Bill of Materials), logistics, and overhead allocations.

·         Monitor cost trends and market dynamics to proactively address cost risks and opportunities.

·         Lead cost reduction initiatives and track savings impact across the organization.

·         Provide insights and report to senior leadership on cost performance and margin improvement progress.

·         Ensure alignment between cost control efforts and overall business strategy.

To be successful in this role, your experience and competencies are:

·         Bachelor’s degree in finance, Supply Chain, Engineering, or related field preferred.

·         5+ years of experience in cost analysis, product finance, or margin management within an OEM or aftermarket parts environment.

·         Strong understanding of product lifecycle costing, sourcing strategies, and margin optimization.

·         Proficiency in ERP systems (e.g., Epicor, Oracle) and advanced Excel or BI tools.

·         Excellent analytical, communication, and cross-functional collaboration skills.

·         Ability to influence stakeholders and drive cost-conscious decision-making.

Preferred Skills:

·         Experience in global sourcing and supplier negotiations.

·         Familiarity with manufacturing processes and logistics cost structures.

·         Knowledge of lean principles or value engineering practices.

Our Culture and Values

Employees that become part of Astec embody the values below throughout their work.

·         Continuous devotion to meeting the needs of our customers

·         Honesty and integrity in all aspects of business

·         Respect for all individuals

·         Preserving entrepreneurial spirit and innovation

·         Safety, quality and productivity as means to ensure success

Travel Requirements: none

NOTE: This position responsible for certain internal control responsibilities.  These internal control responsibilities are verbally communicated to the incumbent and periodic feedback is provided as it relates to the performance of these internal control responsibilities.

WORK ENVIRONMENT

Office

While performing the duties of this job, the employee is regularly exposed to risk of injury in an office environment and occasionally a manufacturing shop plant environment.  Duties include a typical office setting including extensive computer work, sitting or standing. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EQUAL OPPORTUNITY EMPLOYER

As an Equal Opportunity Employer, Astec does not discriminate on the basis of race, creed, color, religion, gender (sex), sexual orientation, gender identity, marital status, national origin, ancestry, age, disability, citizenship status, a person’s veteran status or any other characteristic protected by law or executive order.