Product Cost Specialist I
About The Role
Tire Rack is seeking a detail-oriented and analytical Product Cost Specialist I to support our Purchasing team by maintaining product pricing programs, auditing invoice costs, and ensuring the accuracy of supplier pricing information. This role is responsible for monitoring pricing data, resolving cost discrepancies, and supporting accurate financial processes that contribute to efficient purchasing operations. The ideal candidate demonstrates strong analytical and organizational skills, excels at identifying discrepancies, and thrives in a fast-paced, collaborative environment.
What You'll Do
- Set up and maintain product price programs, including supplier price updates and program changes.
- Review and analyze pricing programs to identify discrepancies or missing information and coordinate resolutions with suppliers and the Buying team.
- Support the Buying team by researching and resolving product cost issues.
- Audit and verify supplier program credits to ensure accuracy and compliance with company standards.
- Process EDI and non-EDI invoices, credits, and debits while resolving processing errors and pricing variances with suppliers.
- Partner with the Accounts Payable team to resolve invoice balancing issues and maintain accurate financial records.
- Assist with month-end balancing activities as needed.
- Maintain spreadsheets and reports related to pricing discrepancies, shipping errors, supplier claims, and other purchasing activities.
- Analyze pricing and cost data to identify trends and opportunities for improved accuracy and efficiency.
- Support continuous improvement initiatives by maintaining organized records and recommending process enhancements.
- Work collaboratively with Purchasing, Accounts Payable, suppliers, and other cross-functional teams to resolve issues and support business objectives.
- Manage multiple priorities while meeting established deadlines in a fast-paced environment.
- Perform other duties as assigned to support daily operations.
Required Qualifications
- Minimum of two (2) years of experience in accounting, purchasing, finance, or a related field.
- Strong analytical, problem-solving, and organizational skills.
- Exceptional attention to detail with the ability to identify and resolve discrepancies.
- Excellent verbal and written communication skills.
- Ability to manage multiple priorities and meet established deadlines.
- Proficiency with Microsoft Office applications, including Microsoft Excel.
- Demonstrated ability to work collaboratively within a cross-functional team environment.
Preferred Qualifications
- Experience processing EDI transactions and supplier invoices.
- Knowledge of purchasing, product pricing, or inventory management processes.
- Experience working with ERP or purchasing systems.
- Strong understanding of financial reconciliation and invoice auditing.
Education
Associate's degree in Accounting, Business Management, Finance, or a related field is required. Equivalent combinations of education and relevant experience may also be considered.
Why Tire Rack?
At Tire Rack, you'll join a collaborative Purchasing team dedicated to maintaining pricing accuracy, strengthening supplier partnerships, and supporting operational excellence. As a Product Cost Specialist I, you'll play an important role in ensuring the integrity of our product cost data while working alongside experienced professionals in a fast-paced and team-oriented environment. If you're analytical, detail-oriented, and enjoy solving problems while supporting critical business operations, we'd love to hear from you.
Apply
If you're interested in joining our team, apply today and help keep Tire Rack moving forward.