Senior Analyst- Apparel & Accessories Costing

Locations: Hanoi, Ho Chi Minh City

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Costing & Sourcing

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.

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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.

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About the Team

This is your opportunity to become part of the world’s fastest-growing sports company. Shoes are not the only product and supply chain landscape disrupted by On, but also apparel and accessories. As a member of the globally integrated supply chain team and cross-functional apparel organization, you will be based in Hanoi City or Ho Chi Minh City, Vietnam, with frequent travel within Asia & to our key factory partners.

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What we offer

On is a place that is centered around growth and progress. We offer an environment designed to give people the tools to develop holistically – to stay active, to learn, explore and innovate. Our distinctive approach combines a supportive, team-oriented atmosphere, with access to personal self-care for both physical and mental well-being, so each person is led by purpose.

On is an Equal Opportunity Employer. We are committed to creating a work environment that is fair and inclusive, where all decisions related to recruitment, advancement, and retention are free of discrimination.

Build the better you

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.