Program Economic Manager

Segula Technologies; México; Remote; MXN 900,000 - 1,200,000; Full time

Job summary

Groupe SEGULA Technologies SA in a remote Mexico-based role seeks an experienced Program Economic Manager to own the financial governance of large vehicle development programs for a global OEM.

You will drive DtC strategies, monitor P&L, CapEx and tooling investments, reconcile customer agreements with engineering execution, and secure margin targets while coordinating with engineering, sourcing and account teams.

Qualifications

• Experience managing program-level profitability and P&L.
• Ability to drive design-to-cost and target costing initiatives.
• Proven track record in CapEx governance and tooling investments.
• Experience negotiating engineering changes and commercial terms.
• Strong cross-functional collaboration across engineering, sourcing, and sales.

Responsibilities

• Maintain and track the overall Program Business Case through milestones.
• Monitor program P&L, costs, tooling investments, and prototype expenditures.
• Perform profitability variance analysis and identify financial risks and opportunities.
• Drive DtC & commercial alignment with engineering and supply chain teams.
• Oversee invoicing milestones and customer payment schedules for engineering deliverables.

Skills

Program P&L management

DtC / target costing

CapEx tracking

Tooling budgeting

Commercial negotiations

Job description

Job Summary

We are seeking an experienced Program Economic Manager to join our Vehicle Engineering & Program Management team. In this remote position, you will serve as the primary financial and economic gatekeeper for large-scale vehicle development programs delivering to a major global OEM.

You will manage program profitability, track capital expenditure (CapEx) and operational investments, drive design-to-cost (DtC) strategies, and ensure strict alignment between engineering execution, commercial agreements, and overall program financial targets.

Key Responsibilities

1. Program Financial & Economic Management

• Maintain and track the overall Program Business Case throughout all vehicle development milestones (from concept through Launch / SOP).

• Monitor program P&L, tracking revenue, engineering development costs (ED&T), piece cost, tooling investments, and prototype expenditures against baseline targets.

• Perform monthly profitability variance analysis, identifying financial risks and opportunities to ensure margin targets are achieved.

2. Design-to-Cost (DtC) & Commercial Alignment

• Partner with Product Development Engineers, Design Release Engineers (DREs), and Sourcing/Purchasing teams to drive target costing and cost reduction initiatives.

• Evaluate the financial impact of Engineering Change Notices (ECNs/CNs), scope changes, and technical revisions; ensure all scope creep is commercially recovered from the customer.

• Manage commercial negotiations for design modifications, engineering revisions, and tooling adjustments in collaboration with Account Managers.

3. Investment & Tooling Control

• Track and approve Tool Kick-Off (TKO) requests, prototype tooling orders, and capital investments against the baseline budget.

• Oversee invoicing milestones and customer payment schedules related to engineering deliverables and tooling milestones.

4. Customer Interface & Milestone Reporting

• Lead economic and financial reviews for internal executive leadership and customer program gateways (e.g., Gate Reviews, Target Agreement meetings).

• Reconcile commercial differences between supplier cost models and OEM target pricing models.