Altra: Footwear Costing Analyst

VF Corporation•Denver, CO

1d•$69,120 - $86,400•Onsite

About The Position

The Cost Engineer works as part of the product creation team to support the costing function throughout the development process. The primary focus of this role is to achieve overall margin goals for the brand through analytics, communication, and problem solving. Central to the costing process is a cross-functional series of margin reviews that are tied to key milestones in the calendar. The success of this role is tied directly to organization, interdepartmental collaboration, and the ability to work well with VF's Sourcing offices in Asia. This person will be an integral part of the product team, and help ensure we hit our margins while driving premium product for our consumer. This role will need to be strategic as well as granular in the day to day. This individual will need to be comfortable being proactive, asking questions and working cross functionally. They will help us take our product to the next level by working with our sourcing teams and internal team to help solve problems and ensure the team is aligned on actions that are needed.

Requirements

Footwear background required.
Ideal candidate will have working knowledge of product creation and related timelines
Competency in Microsoft Office applications with exceptional Excel skills
Effective written, visual, and oral communications
Exceptional organization with high attention to detail and accuracy
Analytical skills to build and identify trends in cost and forecast data
Strong skills in data management
Ability to work well cross functionally
Respect and urgency around deadlines and calendars
3-5 years of experience and professional achievements

Nice To Haves

Bachelor’s degree in a related field preferred.

Responsibilities

Set TFOBs by upper and tooling for each model every season
Provide detailed target FOB ranges and estimated costs on seasonal line to the product teams.
Lead the tear down of each CBD at each milestone with the triad
Identify key cost drivers and work to find alternate solutions with the team
Manage to key calendar dates to optimize overall costing timeline and calendar.
Prepare costing and margin data prior to key milestone product reviews
Offer the triad a recap of cost savings and cost drivers, as well as next steps for margin improvement, if needed.
Gather and review cost breakdown sheets (CBDs) at multiple stages.
Audit component costs.
Prepare costing files.
Identify margin challenged styles.
Work with team on solutions to improve margins.
Support costing commentary for the Gate presentation.
Support final cost review and approval.
Build and upload files for costs to be loaded into SAP/PIR.
Build out costing tools and season over season references.
Maintain organized file records in collaboration with the Sourcing and Development teams.
Partner with the product team, Sourcing offices, Materials and Operations on initial costing inputs.
Collaborate with the Design and Merchandising teams throughout the product creation cycle to identify early margin challenges-ideally at tech pack handoff.
Support the product teams in product reviews; understand cost drivers; and find cost saving options as needed.
Work with the Finance team to prepare Gate costing commentary and financial target analysis.