Costing Manager

Come join us • Van Nuys, CA

8h • Hybrid

About The Position

The Costing Manager will work closely with the Sr. Director of Costing Procurement and lead a team of costing professionals to achieve company goals and establish best-in-class costing procedures. This high-visibility role is responsible for cost management, evaluating product designs, creating a framework for cost reduction, developing estimates used by cross-functional teams during design and development, and managing the costing system that provides product-costing statistics for financial reporting.

The role provides timely, competitive, and reliable product cost estimates and economic information to support design, development, and manufacturing. It analyzes product designs to optimize materials, methods, and processes while meeting cost objectives and quality specifications; identifies cost-reduction opportunities; develops should-cost estimates and annual cost-control and improvement projects with factories; maintains a material cost library and tracks core commodity costs; communicates costing updates to management and stakeholders; participates in annual budget setting; and evaluates factory capabilities. Domestic and international travel of up to 15% is required.

Requirements

• Bachelor’s degree in Engineering, Applied Science, or Applied Mathematics from a four-year college or university.
• At least 7 years of work experience in product costing.
• Thorough understanding of product development and manufacturing processes.
• Prior work experience in a manufacturing environment.
• Good written and spoken English presentation and communication skills.
• Ability to travel domestically and internationally up to 15%.

Nice To Haves

• Merchandising knowledge or experience in the consumer product industry.
• Knowledge of financial and engineering economy concepts.

Responsibilities

• Provide timely, competitive, and reliable product cost estimates and economic information to support design, development, and manufacturing.
• Analyze product designs to maximize the utilization of materials, methods, and processes while meeting cost objectives and quality specifications.
• Identify cost-reduction opportunities during the design process to help teams meet cost targets.
• Develop should-cost estimates.
• Develop annual cost-control and improvement projects in partnership with factories.
• Maintain a material cost library and track core commodity costs.
• Communicate updates about product-costing activities to management and other stakeholders.
• Participate in the annual budget-setting process.
• Evaluate factories and their capabilities.
• Lead a team of costing professionals and work alongside the Sr. Director of Costing Procurement.

Benefits

• Medical, vision, dental, and prescription drug coverage.
• Life insurance.
• Wellness benefits.
• Generous employer-matched 401(k) plan.
• Paid Childcare Leave.
• Competitive salary, bonus, and opportunities to earn equity.
• Employee development and growth support.
• Social functions and company-wide award functions.
• Hybrid work environment with opportunities for half-day Fridays year-round.
• Annual weeklong global office closures.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager