Senior Cost Engineer: Product Cost & Margin Leader

Munchkin; Los Angeles (CA); On-site; USD 80,000 - 130,000; Full time

Benefits offered by this job

Medical, vision, dental coverage

401(k) with company match

Paid childcare leave

Half-day Fridays

Job summary

Munchkin is seeking a Senior Cost Engineer to assess product costs across design, materials, and manufacturing. You will develop robust cost estimates, validate BOMs, and partner with Product Development, Marketing, Finance, and Sourcing to improve margins and reduce costs.

You will mentor junior team members, monitor cost trends, and support cost-reduction initiatives while ensuring alignment with project budgets and business goals.

Qualifications

• Bachelor’s degree or equivalent in a related field.
• 5–7 years of cost engineering/cost Estimation experience.
• Experience reviewing product designs, BOMs, materials, labor, tooling, packaging, and supplier quotations.
• Strong understanding of cost drivers, margin calculations, and cost-estimation principles.

Responsibilities

• Review product cost breakdowns for accuracy of materials, quantities, unit costs, labor, tooling, and packaging.
• Develop and maintain internal cost estimates through development and commercialization.
• Evaluate designs and processes to identify cost drivers and opportunities for cost efficiency.
• Analyze factory and supplier quotations for inaccuracies and communicate findings.
• Perform cost analyses and communicate margin estimates to stakeholders.
• Prepare product cost analyses and recommendations to management and cross-functional teams.
• Provide guidance on target costs and design implications to Marketing and Design teams.
• Monitor cost trends and maintain current commodity information for estimates.
• Lead cost budgeting for assigned development projects.

Skills

Cost estimation

Cost modeling

Cost-benefit analysis

Manufacturing cost analysis

Value engineering

Education

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

Tools

Excel

Word

PowerPoint

Outlook

Job description

Munchkin is seeking a Senior Cost Engineer to assess product costs across design, materials, and manufacturing. You will develop robust cost estimates, validate BOMs, and partner with Product Development, Marketing, Finance, and Sourcing to improve margins and reduce costs.

You will mentor junior team members, monitor cost trends, and support cost-reduction initiatives while ensuring alignment with project budgets and business goals.