Program Cost Manager
Finance, Banking & Legal · Banking & Investments · Financial Analysis · Risk Management
In short
Emerson is looking for a senior Program Cost Manager to lead cost modeling and analysis for sourcing strategies and cost reduction initiatives. This role requires expertise in should-cost methodology and a strong understanding of manufacturing processes to support fact-based sourcing decisions across product programs.
Responsibilities
- Lead the development and ownership of should-cost and could-cost models for key commodities, suppliers, and product programs.
- Partner with Strategic Sourcing to support supplier negotiations, RFQs, and contracting activities through cost analysis.
- Identify cost drivers and improvement opportunities across the supply base.
- Collaborate with Engineering and Operations to validate process assumptions and design-for-cost opportunities.
- Provide cost impact analysis for sourcing decisions, supplier changes, and engineering changes.
- Track and report cost performance versus targets.
- Support make-versus-buy evaluations, supplier benchmarking, and clean-sheet costing exercises.
- Act as the sourcing cost authority for assigned programs.
- Contribute to continuous improvement of costing tools and methodologies.
Requirements
- Bachelor’s degree in Engineering, Supply Chain, Finance, Business, or related field.
- 7+ years of experience in sourcing, cost engineering, manufacturing finance, or related roles within an industrial or manufacturing environment.
- Demonstrated expertise in should-cost methodology, clean-sheet costing, and supplier cost analysis.
- Strong understanding of manufacturing processes, materials, and operations cost structures.
- Proven ability to influence sourcing outcomes and negotiations through data-driven insights.
- Advanced analytical skills with proficiency in system-based cost modeling.
- ERP and sourcing system experience preferred.
- Strong communication skills with the ability to translate complex cost data into clear recommendations.
- Proven success in cross-functional collaborative environments.
- Periodic overnight travel of 10+% will be required.
- Legal authorization to work in the United States - sponsorship will not be provided.
Desired Qualifications
- You use financial analysis to generate, evaluate, and act on strategic options and opportunities.
- You push yourself and help others achieve results.
- You adjust communication content and style to meet the needs of diverse stakeholders.
Benefits
- Variety of medical insurance plans, with dental and vision coverage
- Employee Assistance Program
- 401(k)
- Tuition reimbursement
- Employee resource groups
- Recognition
- Flexible time off plans
- Paid parental leave (maternal and paternal)
- Vacation and holiday leave
#Cost Management#Sourcing#Procurement#Finance#Engineering#Manufacturing
Company
Emerson
Job Posted
1 week ago
Employment Type
Full Time
WorkMode
On Site
Experience Level
Senior
Locations
Elyria, United States
Qualification
Bachelor
Applicants
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