Associate Director, Product Cost Management (remote)

RTX

2d•Remote

About The Position

At RTX, the world largest aerospace and defense company, 185,000 great minds are united by purpose and inspired to make a difference solving the world’s most complex problems. With our three market leading businesses, world-class operations and investments in research and development, we offer capabilities and opportunity no one else can. Together, we push the boundaries of known science and find new ways to connect and protect our world. Collins Aerospace is a leader in technologically advanced, intelligent solutions that help redefine the aerospace and defense industry. With a comprehensive portfolio and deep technical expertise, we help customers meet the demands of the global market. Join us and help shape the future of aerospace and defense. We seek an analytically-driven and collaborative Associate Director to serve as a key individual contributor within our Product Cost Management function. This role combines data analysis, cross-functional partnership, and strategic insight to identify and drive cost reduction opportunities across the enterprise. The successful candidate will leverage financial acumen and business intelligence to provide actionable recommendations to senior leadership while supporting the continuous improvement of our cost management processes and tools. This individual must be willing and able to travel up to 20% of the time (domestic and international)

Requirements

Typically requires a University Degree and minimum 12 years prior relevant experience or an Advanced Degree in a related field and minimum 10 years of experience
7+ years experience in cost analysis, financial analysis, supply chain, or operations
Experience collaborating across functional teams (engineering, supply chain, finance, procurement)
Must be willing and able to communicate with all levels of the organization

Nice To Haves

Bachelor's degree in Finance, Accounting, Engineering, Business, Supply Chain, or related field
Experience in cost modeling, financial analysis, and data visualization
Experience from aerospace industry

Responsibilities

Product Cost Analysis & Performance Management
Analyze and forecast product cost performance across programs and commodities, identifying emerging risks and untapped opportunities
Develop and maintain cost performance dashboards and reporting mechanisms that provide visibility to key stakeholders
Conduct deep-dive cost analysis to support informed decision-making at executive and operational levels
Track and measure the impact of cost reduction initiatives and strategic sourcing activities including long-term agreement management
Cost Reduction Opportunity Identification & Prioritization
Identify and evaluate cost reduction opportunities across Value Analysis & Value Engineering (VAVE), Work Transfer, and Claims & Assertions initiatives
Responsible for operational and cross-functional governance of assigned workstreams, including facilitating tiered escalation reviews
Collaborate with engineering, supply chain, procurement, and finance teams to drive cost reduction ideation and establish prioritization frameworks
Assess feasibility, risk, and financial impact of proposed cost initiatives
Support the development of business cases and implementation roadmaps for priority cost reduction opportunities
Strategic Engagement & Roadmap Development
Drive the CORE (Cost Optimization & Reduction Excellence) engagement roadmap, serving as primary coordinator and project manager for this strategic initiative
Establish clear milestones, deliverables, and success metrics for CORE initiatives
Facilitate cross-functional collaboration and maintain momentum across CORE workstreams
Provide regular updates and progress reporting to leadership on CORE roadmap execution
Insights, Analytics & Leadership Support
Provide actionable insights and data-driven recommendations to leadership on cost-related matters and strategic opportunities
Prepare analysis, summaries, and presentation materials that translate complex cost data into clear business impact narratives
Partner cross-functionally on should cost opportunities to aid in negotiations, business case completion, or cost reduction initiatives
Identify emerging cost trends, systemic issues, and process improvement opportunities
Support executive decision-making with timely, accurate, and relevant cost intelligence
Process Maturity & Continuous Improvement
Support the implementation of process maturity improvements designed to enhance cost visibility and control
Evaluate current cost management tools, processes, and governance structures; identify gaps and improvement opportunities
Partner with process owners and business units to pilot and scale process improvements
Develop training and communication materials to support adoption of enhanced processes and tools
Monitor and report on the effectiveness of process improvements through relevant KPIs

Benefits

Medical, dental, and vision insurance
Some of our competitive benefits package includes:
Three weeks of vacation for newly hired employees
Generous 401(k) plan that includes employer matching funds and separate employer retirement contribution, including a Lifetime Income Strategy option
Tuition reimbursement program
Student Loan Repayment Program
Life insurance and disability coverage
Optional coverages you can buy pet insurance, home and auto insurance, additional life and accident insurance, critical illness insurance, group legal, ID theft protection
Birth, adoption, parental leave benefits
Ovia Health, fertility, and family planning
Adoption Assistance
Autism Benefit
Employee Assistance Plan, including up to 10 free counseling sessions
Healthy You Incentives, wellness rewards program
Doctor on Demand, virtual doctor visits
Bright Horizons, child and elder care services
Teladoc Medical Experts, second opinion program
And more!