Building / Remodel Manufacturing • Home Decor • Kitchen Remodel • Bathroom Remodel • cabinets
10,000+ employees
🛒 Retail
November 27
Building / Remodel Manufacturing • Home Decor • Kitchen Remodel • Bathroom Remodel • cabinets
10,000+ employees
🛒 Retail
• Conduct detailed cost analysis for new products, including material, labor, and overhead. • Understand and apply accurate program costs to enable recommended manufacturer suggested retail pricing. • Analyze cost variances and identify root causes for discrepancies. • Develop and maintain cost databases and models to support ongoing product costing activities. • Develop and maintain cost estimation models to support product development and pricing strategies. • Prepare cost estimates for updates to existing products. • Ensure cost estimates are accurate, comprehensive, and aligned with company objectives. • Introduce automation and enhanced technologies and processes to costing and communication. • Develops business cases and financial models to support new business initiatives and partnerships. • Assists product management teams in financial planning and analysis related to product development and launches. • Collaborate with Product Management to incorporate market and competitive pricing strategies into cost models. • Work closely with Engineering to understand product specifications and manufacturing processes. • Partner with Finance to align costing methodologies with financial reporting and budgeting. • Coordinate with Operations and/or Operations Finance to gather data on production efficiencies and potential cost-saving measures. • Provides financial insights and recommendations to optimize product pricing, cost structures, and profitability in the product development process. • Conduct cost-benefit analyses for proposed changes to materials, processes, or designs. • Implement cost-saving initiatives and track their impact on overall product costs. • Monitors and analyzes key financial and operational metrics to identify trends and areas for improvement; Prepare and present cost reports and analyses to management, highlighting key findings and recommendations. • Develop dashboards and visualizations to communicate cost data effectively. • Provide regular updates on cost performance against targets and benchmarks. • Assist in the preparation of budgets and forecasts related to product costs. • Monitor actual costs against budgeted figures and report variances. • Ensure all costing activities comply with company policies and industry standards. • Maintain documentation and records to support audit and compliance requirements. • Stay updated on industry trends and best practices in product costing and financial analysis. • Performs other duties as assigned and special project work under manager's instruction and supervision.
• An undergraduate degree in Engineering, Finance, Accounting, or related field. • 3-5 years of experience in product costing, financial analysis, or product management support. • Proven experience in product costing and financial modeling or business case development. • Experience in a high-growth or dynamic industry preferred. • Strong analytical, organizational, and problem-solving skills with attention to detail. • Ability to manage multiple projects simultaneously. • Excellent financial modeling and data analysis capabilities. • Ability to work collaboratively in a cross-functional team environment. • Strategic thinker with the ability to translate financial insights into actionable business strategies. • Effective communication (written and verbal); clearly, concisely and with context communicate objectives and expectations within the organization. • Ability to work and communicate effectively with all levels of management and staff. • Proficiency in financial software and advanced Microsoft Office skills (PowerPoint, Word, Excel). • Strong presentation skills. • Ability to travel 20% annually (domestic). • Bilingual (English & Spanish) is a plus
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