Senior Analyst- Apparel & Accessories Costing

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.

• 6–8+ 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 to expect

We want to set everyone up for success, so here’s the lowdown on how we hire. Our process is a two-way street – bringing you into our culture, while helping us learn how you think.

Our full process can last about eight weeks from application to offer, because we care about getting it right. These steps explain how we usually do things.

Before you get started, feel free to consider if you want to work with us. Strange question? Well, we give people a lot of space to navigate their day-to-day and that style isn't for everyone. We want you to be passionate about what you do and be sure this is the right fit. Because when skills and passion combine – it creates that 'Wow' moment.

• Step One

  It starts with you...

  You'll start by submitting your application to a specific role. We try to keep this step as simple as possible. We do get a lot of applications, but we review them all. If you're a good fit to the role, a recruiter will follow up with you directly. If you didn't receive a reply, or were unsuccessful this time around, we encourage you to look for other possible matches at On.

• Step Two

  Interview with a recruiter

  What ignites your spirit? This is where we’ll start getting to know all about you and what makes you tick – and it’s your first chance to get a feel for our culture. Chatting with a member of our talent team, you’ll learn more about On and how we work. We’ll learn about what motivates you and what you could bring to the team.

• Step Three

  Interview with a hiring manager

  Ready to dig into the details? This second interview will be held with your future manager and will focus on the specifics of the job. Together you’ll delve into your unique skills and experiences and how they could be relevant at On. It's also a time to assess how you might feel working side-by-side. Bring any questions you have about the job, the team or anything else you might like to know – this is an open forum.

• Step Four

  The Case Study

  What's your style? This task will help us understand how you think, face a challenge and give insight into your novel ideas. Designed to give everyone their best shot, your case study is based on something you might typically experience on the job. This is your chance to show us what you’ve got. So express yourself. Be you.

• Step Five

  The Experience Day

  Your first taste of the Oniverse. This is a time to meet some of the people you'll be working closest with. In person or virtually, you'll get a feel for the day-to-day at On and the people who make it happen. You'll chat with a few potential teammates - the conversations will be as equally driven by the role and your experience as by our values. We believe how you do things is just as important as what you do.

• Step Six

  The Result

  Are we a good fit? We’ll get together internally to share our feedback and decide if we’re a match. We know that job searching is a big time investment, so it’s not a decision we take lightly. It’s also time for you to reflect on the experience – are we the right place for you? No matter the outcome, we’ll give you meaningful feedback.

Step One:

It starts with you...

You'll start by submitting your application to a specific role.

We try to keep this step as simple as possible. We do get a lot of applications, but we review them all. If you're a good fit to the role, a recruiter will follow up with you directly. If you didn't receive a reply, or were unsuccessful this time around, we encourage you to look for other possible matches at On.