Product Costing Manager

EDGE Group PJSC; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading company in the UAE is seeking a strategic Product Costing Manager to lead cost reduction initiatives throughout the product lifecycle. The role involves developing cost optimization strategies, managing a team, and collaborating across departments to achieve significant savings while maintaining quality. Candidates should have extensive experience in product cost analysis and engineering, with a strong background in manufacturing processes.

Qualifications

• 15+ years in product cost analysis or related fields.
• 2+ years in management.
• Strong understanding of manufacturing processes and supply chain dynamics.

Responsibilities

• Develop and implement cost reduction strategies.
• Conduct complex cost analyses and identify key cost drivers.
• Lead workshops for value engineering and cost optimization.

Skills

Analytical skills

Problem-solving skills

Strategic thinking

Leadership

Education

Bachelor's/Master's in Engineering

Tools

Lean Manufacturing

Six Sigma

Job description

About EDGE COMMERCIAL:

EDGE Commercial oversees the management of group-wide commercial activities, allowing individual entities to focus on their core products. This centralized approach promotes sustainable growth and efficiency through key functions:

• Opportunity and Proposal Management
• Engineering Solutions
• Contracting & Project Procurement
• Contracts Management
• Commercial Planning
• International Contracts
• Strategic Program Management

Job Title: Product Costing Manager

We seek a strategic and experienced Product Costing Manager to lead product cost reduction initiatives throughout the product lifecycle. You will develop and execute cost optimization strategies, manage a team, and collaborate across departments to achieve significant savings while maintaining quality and performance.

Key Responsibilities:

1. Cost Reduction Strategy Development: Develop and implement innovative strategies considering design changes, material substitutions, manufacturing improvements, and supply chain optimization aligned with company goals.
2. Advanced Cost Analysis and Modeling: Conduct complex cost analyses, ensure accuracy of models, and identify key cost drivers for optimization.
3. Value Engineering / Value Analysis: Lead workshops to identify unnecessary costs without sacrificing quality or functionality.
4. Cross-Functional Collaboration: Act as liaison between Product Costing and other departments, driving collaboration and buy-in for initiatives.
5. Supplier Relationship Management: Work with Procurement to develop strategic supplier relationships focused on cost savings and explore innovative sourcing strategies.
6. Performance Reporting: Develop plans, and report on cost performance, achievements, and opportunities to senior management.
7. Team Leadership: Lead, mentor, and support the Product Costing team, fostering a high-performing environment.
8. Risk Management: Assess and mitigate risks associated with cost reduction initiatives.
9. Process Improvement: Continuously improve methodologies and leverage new technologies for cost optimization.

Qualifications:

• Bachelor's/Master's in Engineering (Mechanical, Aeronautical, Electrical, Industrial, etc.)
• 15+ years in product cost analysis, engineering, or related manufacturing fields, with 2+ years in management
• Experience with Lean Manufacturing or Six Sigma
• Proven success in leading cost reduction initiatives
• Strong understanding of manufacturing processes, BOM structures, and supply chain dynamics
• Excellent leadership and mentoring skills
• Analytical and problem-solving skills, strategic thinking, data-driven decision-making

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