Product Costing Analyst I

Who We Are

Founded in 1963 by Mary Kay Ash with a bold mission to enrich women's lives, Mary Kay has grown into one of the world's most successful and enduring beauty brands. For more than 60 years, our people-first culture and commitment to innovation have powered our global success in skincare, color cosmetics, nutritional supplements, and fragrances. Our corporate teams spanning R&D, marketing, IT, manufacturing, distribution, supply chain, analytics, and more play a critical role in supporting millions of Independent Beauty Consultants across more than 35 markets worldwide. At Mary Kay, employees collaborate on meaningful work that drives real impact, fuels entrepreneurship, and advances science backed beauty. Guided by purpose, we are equally committed to sustainability, supporting women affected by cancer and domestic abuse, and inspiring future generations, all while offering rewarding careers with global reach and opportunities for growth.

What We Offer

• Generous Paid Time Off

• 401K & Profit Sharing

• Medical, Dental & Vision Coverage

• Free On-site Fitness Center & Health Clinic

• Tuition Reimbursement

• Employee Product Discounts

About the Role

This role partners with Marketing, Product Development, Engineering, Manufacturing, Procurement, and Global Product Management to analyze the financial viability of new Mary Kay products. You'll help estimate product costs, evaluate pricing strategies, analyze profitability, and provide the financial insights that support key business decisions throughout the New Product Development (NPD) lifecycle.

Working under the guidance of the Manager, you'll develop financial models using input from both U.S. and international business partners to support product approvals by regional teams, senior leadership, and executives. You'll also prepare cost estimates for new products, monitor financial performance after launch through KPI reporting and data visualization tools such as Tableau, and investigate unusual data trends to help ensure accurate financial reporting and decision-making.

Responsibilities:

• Cost Estimates & Analysis:

• Prepare and support the development of cost estimates for new products.

• Coordinate cost estimate activities to help ensure projects are completed on time.

• Review cost information provided by Procurement, Engineering, and Process Development teams.

• Conduct benchmark research and analyze historical cost trends to validate assumptions.

• Apply cost accounting principles and company policies to support pricing and profitability analysis.

• Identify and clearly communicate key cost drivers to NPD project teams.

• Develop make-versus-buy analyses and provide financial decision support related to manufacturing feasibility and profitability for U.S. and international subsidiaries.

• NPD Project Team Support:

• Serve as the Finance representative on assigned NPD projects.

• Respond to cost-related questions and gather project updates from cross-functional partners.

• Communicate project status to management and escalate issues when needed.

• Build effective working relationships with Project Managers, Business Leads, and other NPD stakeholders.

• Participate in Product Leadership Team meetings and assist in presenting cost analyses during key stage-gate approval points.

• Pricing:

• Provide analyses and tools to support strategic pricing decisions for new products.

• Manage ad hoc requests from Global Product Management and communicate any risks or roadblocks.

• Support business leads with current and historical cost, pricing, and profitability insights.

• Assist with new product target costing and price-setting best practices.

• Help, develop, and maintain product and pricing tools in partnership with IT, external vendors, and internal teams.

• This job requires on-site work at our Global Headquarters in Addison, TX.

What You'll Need to Be Successful

Required:

• Experience: 1+ years of experience in financial analysis; knowledge and understanding of New Product Development Financial assessment in a retail or consumer product business

• Education: Bachelor/University Degree in Economics, Statistics, Business Administration, Accounting, Finance, Market Research, Marketing or other business-related discipline. A post-graduate degree and/or previous experience in an analysis or financial reporting role in a retail, consumer packaged goods, or direct selling environment preferred.

• Strong Microsoft Office skills, particularly Excel, Access, and PowerPoint

• Experience with PivotTables, subtotals, and other advanced Excel functions.

• Strong analytical, mathematical, and problem-solving skills.

• High attention to detail and ability to manage multiple financial inputs from U.S. and international partners.

• Strong communication and interpersonal skills, including the ability to work effectively with non-finance partners and global teams.

• Ability to quickly learn Mary Kay's products, business processes, international markets, and manufacturing operations.

• Curious, innovative, adaptable, and comfortable approaching problems from multiple perspectives.

• Ability to evaluate the reasonableness of financial inputs and follow up with business partners as needed.

• Ability to work with a sense of urgency on ad hoc requests and projects that support speed to market.

• Ability to develop a strong understanding of internal data sources and reporting processes.

Preferred:

• Experience with Tableau

• Experience with Agile or stage-gate processes

• Knowledge of JD Edwards

• Cosmetics industry experience