Costing Manager

Munchkin, Inc.; Los Angeles (CA); Hybrid; USD 110,000 - 170,000; Full time

Benefits offered by this job

Medical coverage

Vision coverage

Dental coverage

Prescription drug coverage

Life insurance

Wellness benefits

401(k) plan with match

Paid childcare leave

Equity opportunities

Hybrid work environment

Job summary

Munchkin, Inc. is seeking a cost-conscious leader to head costing procurement. You will guide a team of costing professionals to drive cost reduction, evaluate designs, and develop cost estimates used by design and manufacturing to improve product profitability.

In this high-visibility role, you will manage the costing system, support budgeting, and work with factories to optimize material costs while ensuring quality. Domestic and international travel up to 15% may be required.

Qualifications

• 7+ years of product costing experience.
• Thorough understanding of product development and manufacturing processes.
• Merchandising knowledge or experience in consumer products is a plus.

Responsibilities

• Provide timely, competitive and reliable product cost estimates for design, development and manufacturing.
• Analyze product design to optimize material use and processes to meet cost targets and quality specs.
• Identify cost reduction opportunities during design to meet targets; develop should-cost estimates.
• Develop cost control and improvement projects with factories each year.
• Maintain material cost library and track core commodity costs.
• Communicate costing updates to management and stakeholders.
• Participate in annual budget setting process.
• Evaluate factories and capabilities.

Skills

Costing experience

Manufacturing knowledge

Analytical skills

English communication

Education

Bachelor’s degree in Engineering, Applied Science or Applied Mathematics

Job description

WHY Brands Inc., a parent company of Munchkin , Inc., focuses on creating, incubating, and growing the next generation of consumer lifestyle brands. Founded in 1990, Munchkin is the leading consumer product company and most loved baby lifestyle brand behind the innovative gear and products for children, mothers, and caregivers. Munchkin has sold billions of dollars of products through our key retail partners: Target, Walmart, and Amazon and has global distribution in over 50 countries. With over 375+ patents under our belt and over 250 international product and brand design awards, we continue to create solutions that leave our customers asking, "how did I ever live without this?" Innovation is the core of our company DNA and has been driving our designs for over 30 years! Recognized as #8 on America’s Most Innovative Companies list by Fortune Magazine, innovation is the core of our company DNA and has been driving our designs for 30 years!

We lead with our core values and believe that investing in the community is our responsibility. We create opportunities for every child’s potential and well-being through the Radiant Colors program, work to create a sustainable future, and in partnership with the International Fund for Animal Welfare have committed to animal conservation.

Position Summary:

A leader who will work side by side with the Sr. Director of Costing Procurement, and lead a team of talented costing professional to achieve company goals and offer best in class costing procedures. This is a high visibility role and will be responsible for cost management to evaluate product designs, provide a framework to drive cost reduction, develop cost estimates which are used by cross functional departments in the design and development process, and manage the costing system that provides the product costing statistic to produce the financial reports.

What You Will Do:

• Provide timely, competitive and reliable product cost estimates and economic information of products in support of the effective execution of design, development and manufacturing process.
• Analyze product design to effect maximum utilization of materials, methods and processes in order to meet cost objectives and quality specifications.
• Ability to Identify areas for cost reduction during design process to help teams meet cost targets. Develop should cost estimates.
• Develop cost control and improvement projects each year to partner with factories.
• Responsible for maintaining a material cost library and tracking core commodity costs.
• Communicates updates to management and other stakeholders regarding product costing activities.
• Active participant in the annual budget setting process.
• Evaluation of factories and their capabilities.

You Will Bring:

• Bachelor’s degree in Engineering, Applied Science or Applied Mathematics from a four-year college or university.
• Minimum of 7+ years working experience in product costing.
• Thorough understanding of the product development and manufacturing processes; prior work experience inside manufacturing environment is an essential requirement.
• Merchandising knowledge or experience in the consumer product industry is a plus.
• Knowledge of financial and engineering economy concepts is a definite advantage
• Good presentation and communication skills in both written and spoken English
• Require domestic and international travel of up to 15%.

As a Great Place to Work Certified company, we are committed to offering the best to our employees. We offer a comprehensive benefits package that includes medical, vision, dental, prescription drug coverage, life insurance, wellness benefits, generous employer-matched 401(k) plan, Paid Childcare Leave, among other benefit plans. Our total rewards are top ofmarketand include competitive salary, bonus, and opportunities to earn equity. We focus on supporting employee development and growth.

We regularly hold social functions to foster a genuine camaraderie that enhances teamwork. At our company-wide award functions, we take time to recognize the talent and dedication of the people who make Munchkin the most loved baby lifestyle brand in the world.

To give our people flexibility, we offer hybrid work environment with opportunities forhalf-day Friday’s all year aroundand provide annual weeklong global office closures giving our people a chance to recharge.

Munchkin welcomes and values what makes everyone unique. We’re proud to be an equal opportunity and affirmative action employer. All hires for our team are based on qualifications, merit, and business needs. We recruit, employ, train, and promote regardless of race, color, religion, disability, sex, sexual orientation, gender identity, national origin, age, veteran status, genetic characteristic, or any other protected status.

Equal Opportunity Employer
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