Senior Manager, Cost Management

Jobtailor; Atlanta (GA); On-site; USD 120,000 - 180,000; Full time

Job summary

Jobtailor seeks a senior leader to drive end-to-end cost management across a global procurement network. You will steer cost optimization, lead negotiations, and build advanced models and tools to forecast costs and capture year-over-year value.

You will collaborate with engineering, sourcing, and finance to set budgets, track savings, and communicate insights to stakeholders. A strong background in procurement and cost analysis is required.

Qualifications

• Bachelor's degree in Engineering, Business, Finance, or related field; MBA preferred.
• 7+ years of progressive experience in cost management, procurement, global sourcing, manufacturing cost estimation, or product cost analysis.
• Extensive experience (5+ years) in supplier contract negotiation and cost control initiatives at a global scale.
• Strong financial acumen and proficiency in advanced Excel modeling and data analysis tools.
• Demonstrated ability to lead cross-functional teams and manage multi-million-dollar cost reduction projects.
• Experience with global commodity markets, indices, and sourcing strategies is highly desirable.
• Solid understanding of manufacturing processes, supply chain dynamics, and product cost drivers.
• Excellent communication, organizational, and project management skills.

Responsibilities

• Lead end-to-end cost management of a multi-billion-dollar procurement from a global supplier network.
• Identify opportunities for cost optimization and lead cross-functional teams to achieve year-over-year value capture.
• Lead complex, data-driven supplier negotiations to secure the lowest total acquisition cost.
• Develop and implement advanced tools and processes to improve cost analysis, reporting accuracy, and stakeholder communications.
• Lead the creation and maintenance of detailed cost models to analyze and forecast product cost changes.
• Collaborate with engineering during product teardown and should-cost modeling to understand cost drivers.
• Develop and execute comprehensive negotiation strategies to secure optimal terms with global suppliers.
• Lead high-stakes supplier negotiations to drive savings without compromising quality or service.
• Partner with sourcing and category teams to align negotiation approaches with procurement objectives.
• Capture total cost of ownership data to establish baselines for procurement initiatives.
• Provide mentorship on best practices related to cost management.
• Lead development of yearly budgets focused on cost-out targets.

Skills

Cost Management

Supplier Negotiation

Advanced Excel Modeling

Cross-Functional Leadership

Global Sourcing

Budget Development

Financial Acumen

Project Management

Data Analysis

Cost Reduction Initiatives

Education

Bachelor's Degree

MBA or Advanced Degree Preferred

Tools

ERP Systems

Data Visualization Tools

MS Excel

Job description

• Lead end-to-end cost management of multi-billion-dollar procurement from a diversified, multi-tier global supplier network.


• Identify opportunities for cost optimization and lead cross-functional teams to consistently achieve year-over-year value capture.


• Lead complex, high-stakes data driven supplier negotiations to secure the lowest total acquisition cost without compromising operational requirements.


• Develop and implement advanced tools and processes to improve cost analysis, reporting accuracy, and stakeholder communications.


• Lead the creation and maintenance of detailed cost models to analyze and forecast product cost changes.


• Collaborate closely with engineering teams during product teardown and shouldcost modeling to understand cost drivers and enhance model precision.


• Develop and execute comprehensive negotiation strategies to secure optimal terms and cost structures with global suppliers.


• Lead high-stakes supplier negotiations, leveraging market insights and cost analysis to drive cost savings without compromising quality or service.


• Partner with sourcing and category teams to align negotiation approaches with overall procurement and business objectives.


• Partner with Category and Sourcing teams to refine sourcing strategies by leveraging global cost insights.


• Work cross-functionally to capture comprehensive total cost of ownership data to establish accurate baselines for procurement initiatives.


• Provide expert guidance and mentorship within the organization on best practices related to cost management.


• Lead the development of yearly budgets focused on cost-out targets, aligning financial goals with strategic cost management plans.


• Oversee and drive cost reduction initiatives throughout the year to achieve budget objectives, monitoring progress and adjusting actions as necessary.

Requirements

• Bachelor's degree in Engineering, Business, Finance, or related field; MBA or advanced degree preferred.


• Minimum 7+ years of progressive experience in cost management, procurement, global sourcing, manufacturing cost estimation, or product cost analysis.


• Extensive experience (5+ years) in supplier contract negotiation and cost control initiatives at a global scale.


• Strong financial acumen and proficiency in advanced Excel modeling and data analysis tools.


• Demonstrated ability to lead cross-functional teams and manage multi-million-dollar cost reduction projects.


• Experience with global commodity markets, indices, and sourcing strategies is highly desirable.


• Solid understanding of manufacturing processes, supply chain dynamics, and product cost drivers.


• Excellent communication, organizational, and project management skills.

Core Competencies

Demonstrates expertise in cost management and procurement, with a strong focus on supplier negotiations, cost analysis, and financial modeling. Proven ability to lead cross-functional teams and implement strategies that drive cost savings and operational efficiency.

Highest-signal resume keywords

• Cost Management


• Supplier Negotiation


• Advanced Excel Modeling


• Cross-Functional Team Leadership


• Global Sourcing Strategies

ATS Optimization Keywords

Hard Skills

• Cost Analysis


• Data Analysis


• Cost Modeling


• Budget Development


• Manufacturing Cost Estimation


• Financial Acumen


• Cost Reduction Initiatives


• Total Cost of Ownership Analysis
  
• Negotiation Strategies


• Project Management

Soft Skills

• Communication


• Organizational Skills


• Mentorship

Certifications & Qualifications

• Bachelor's Degree


• MBA or Advanced Degree Preferred

Industry Keywords

• Global Supplier Network


• Procurement


• Sourcing


• Supply Chain Dynamics


• Commodity Markets