Cost Manager

Role Introduction

• Responsible for the NPD projects portfolio from inception till its launch into the marketplace.  

• The role involves working globally (UK, SG & Malaysia) with a cross functional team spanning NPI/NPD RDD Designers, Commercial Marketing, Engineering, Procurement, Operations and Finance

• Role located in SG with Reporting line to Senior Cost Manager

Strategic Impact and Decision Making

• Responsibility to drive product cost governance, optimize cost, maximize efficiencies, make recommendations to drive NPD projects to achieve profitability targets

•  Responsible for providing timely, accurate and insightful analysis on product cost to support project milestone, financial health checks, change management and risk-opportunity tracking.

•  Generate cost build up estimates for new NPD Research Design and Development (RDD) projects and evaluating multiple design alternatives for lowest cost possible.

•  Responsible for embedding new ways of working across the cross functional team to raise the profile and importance of product cost. Embedding a new cost-conscious environment to manage product cost transparency and accountability.

•  Work collaboratively while challenging multiple stakeholders (Designers, Engineering, Operations, Procurement and Finance) to achieve stretch cost targets

•  Manage the monthly reporting cycle to support the product cost change movements, understand the associated risks and opportunities which could impact a product as it progresses through the development cycle.

•  Drive continuous improvement throughout data, process and people

•  Communicate with impact and create a sense of urgency and responsibility to address cost challenges

Leadership

• Leadership over Global NPD portfolio range for the products Category. 

•  Member of Project Leadership Team

•  Potential future people manager in event of organizational expansion

Knowledge and Specialist Skills

• You have the ability to both think strategically and operationalize those strategic plans into execution plans with clear set of KPI to drive towards success

• Governance of detailed ‘should cost ‘ to validate supplier quotes and ensure target cost achieved.

• Knowledge of manufacturing capabilities such as plastic injection moulding, metal extrusion/stamping, rubber over-mould and electronics PCB assembly.

• Knowledge of design optimization using Value-Engineering Concept.

• Demonstrable strong analytical ability to provide cost insight and actionable deliverables.

• Evaluating multiple cost down idea and “make” vs “buy” analysis.

• Able to manage product design complexity and influence senior stakeholders.

Operational Accountability

• Leadership over entire Global NPD portfolio range. 

• Role involves working globally (UK, SG & Malaysia) with a cross functional team spanning NPI/NPD RDD Designers, Commercial Marketing, Engineering, Procurement, Operations and Finance

• Role located in SG/MY with Reporting line to Senior Cost Manager

About you

• You thrive in an ever-evolving environment with global presences and multiple stakeholders

• You are energized by solving problems by bringing people with competing goals to the same table to achieve a common goal

•  An engineering / manufacturing/ cost accounting degree with previous experience and more than 5 years in a product cost engineering role.

• Proven experience dealing with change transformation and introducing new process or ways of working

•  Strong communication and leadership influencing skills

Dyson is an equal opportunity employer. We know that great minds don’t think alike, and it takes all kinds of minds to make our technology so unique. We welcome applications from all backgrounds and employment decisions are made without regard to race, colour, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other any other dimension of diversity.