Senior Cost Engineer – Costing & Margin Optimization

Come Join Us, LLC; Los Angeles (CA); On-site; USD 80,000 - 130,000; Full time

Benefits offered by this job

Medical, Vision, Dental insurance

Prescription drug coverage

Life insurance

Wellness benefits

401(k) plan

Paid childcare leave

Equity opportunities

Half-day Fridays

Job summary

Munchkin, Inc. in Los Angeles is seeking a Senior Cost Engineer to evaluate designs, materials, and processes, and to develop accurate product cost estimates through development and commercialization.

You will collaborate with Product Development, Marketing, Finance and Sourcing to improve margins, manage costing budgets, mentor junior staff, and lead cost-reduction initiatives while maintaining cost accuracy and data-driven decision support.

Qualifications

• Bachelor’s degree or equivalent experience required.
• 5–7 years in cost engineering, analysis, estimation, or related fields.
• Experience in cost estimation, modeling, benefit analysis or value engineering.
• Experience reviewing BOMs, materials, labor, tooling, packaging, or supplier quotes.
• Strong understanding of cost drivers, margins, and estimation principles.
• Excellent quantitative, analytical, and problem-solving skills.
• Proficiency with Microsoft Office, especially Excel.
• Ability to interpret data and communicate findings clearly.
• Strong written and verbal communication with stakeholders.
• Ability to manage multiple projects in a fast-paced environment.

Responsibilities

• Review cost breakdowns for materials, quantities, costs, labor, tooling and packaging.
• Develop and maintain internal cost estimates through development and commercialization.
• Evaluate designs, materials, specs, and processes to identify cost drivers.
• Analyze factory and supplier quotations for inaccuracies and communicate findings.
• Perform cost comparisons and cost-benefit analyses to support decisions.
• Prepare cost analyses, margin estimates, and cost recommendations for management.
• Guide teams on target costs, margins, and design choices.
• Monitor cost trends in materials, labor, packaging, tooling, and manufacturing.
• Maintain current commodity and cost information for reference.
• Manage costing budgets for product development projects.
• Track project costs against targets and flag potential risks.
• Keep teams informed of significant cost issues during development and quoting.
• Support cost-reduction and value-engineering initiatives.
• Lead or support annual cost adjustment processes.

Skills

Cost analysis

Cost estimation

Cost modeling

Value engineering

Financial analysis

Margin calculations

Data interpretation

Multitasking

Communication

Excel proficient

Education

Bachelor’s degree in Industrial Engineering, Manufacturing Engineering, Mathematics, Economics, Finance, Supply Chain

Tools

Microsoft Office (Excel, Word, PowerPoint, Outlook)

Job description

Munchkin, Inc. in Los Angeles is seeking a Senior Cost Engineer to evaluate designs, materials, and processes, and to develop accurate product cost estimates through development and commercialization.

You will collaborate with Product Development, Marketing, Finance and Sourcing to improve margins, manage costing budgets, mentor junior staff, and lead cost-reduction initiatives while maintaining cost accuracy and data-driven decision support.