Cost Manager Food Preservation Lead
Finance
Full Time
Stockholm, Sweden
2022-02-11

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By creating desirable solutions and great experiences that enrich people’s daily lives and the health of our planet, we want to be a driving force in delivering enjoyable and sustainable living. We go to work every day determined to shape living for the better – for our customers and for the health of our planet.

For that, we employ great people from a wide variety of backgrounds – not just because it’s the right thing to do, but also because we believe that diverse perspectives make our business stronger and more innovative. If you share our values, come find your place in our global community. Meet us on @lifeatelectrolux  and career.electroluxgroup.com to learn more.

The preferred work location is Stockholm, but location is flexible.

The Costing Function is an organization within Electrolux Finance which is responsible for driving the cost management agenda in New Product Development (NPD) and product lifecycle for all product lines globally. With hundreds of NPD projects on a yearly basis, the team plays an important role in developing next generations’ profitable white appliances.

Within the Costing Function team, we are looking for Cost Manager Leads, who will be partly operational as Cost Managers in NPD project teams and partly responsible for managing other Cost Managers within the same CX area. Cost Managers will be accountable for managing and tracking product cost along the NPD process, leading the cross-functional team to identify and achieve product cost target, applying state of the art costing methods, systems and processes. Moreover, Cost Managers will work closely with the Cost Modelers, who will be providers of should-costing information.

Beyond these responsibilities, the Cost Manager Lead will represent and drive the cost management agenda in Steering Committees, allocate resources to projects and be responsible for building cost knowledge and skills within Product Lines. Each Cost Manager Lead will be focused on a certain CX area.

 As this position encompasses various activities, we offer you a fantastic growth and learning experience where you can maximize your professional and social skill set. In exchange we count on your commitment, curiosity and eagerness to create value-add and bring cost excellence to the next level.

The candidate should be a motivated individual with excellent analytical and communication skills, passionate about driving transparent, predictable, and sustainable costing throughout new product development.

Tasks:
•Tracking product cost and managing potential deviations during product development phases to ensure Business Case profit is met
•Working with Business Area and Product Line to define specification and top-down target cost
•Gathering proposals, specifications, historical data, and should cost data from e.g., Cost Modelers, and liaising with stakeholders to determine bottom-up target cost
•Leading the product cost workstream within the cross-functional project team (R&D, PMO, Category, Design, Manufacturing, Purchasing etc..) to track cost and evaluate and close the gap between top-down and bottom-up target cost
•Aligning with stakeholders and supporting management decisions by providing appropriate cost information and data
•Preparing documention to share cost assessment and development during the Project Steering Committee in accordance with standard procedure prepare documentation
•Coaching and mentoring stakeholders in good costing practices, to develop costing  capabilities cross-functionally
•Leading the implementation of the new Ways of Working, tools and methods within each Product Line
•Representing and driving the cost management agenda in Steering Committees
•Allocating resources across projects by participating in 'Generation project & plan discussions'
•Being responsible for building product cost knowledge & skills within Product Lines
•Delivering on functional and project costing KPIs to ensure that the company is achieveing cost excellence

Knowledge, Skills & Abilities Required:
•Bachelor’s degree in Manufacturing Engineering, Management, Operations Research, Mathematics
•At least 7-8 years’ professional experience, preferably in an analytical position in a manufacturing environment or in project management
•Business acumen and analytical skills with systematic approach to mass data handling, analysis, and interpretation
•Understanding from key functional areas – purchasing, manufacturing, project management, financial controlling, quality management, R&D
•Team player with leadership skills to drive cross-functional work
•Presentation, communication, influencing, and negotiation skills, with the ability to form and maintain good relationships internally and externally with different cultures
•Project management skills
•Strong time management and organizational skills
•Strategic thinker with detail orientation, who can challenge status quo
•Experience from product costing in a product development related context e.g., product cost optimization, value eng., DFMA, target cost ambition setting
•Hands-on experience from using automated cost models, cost database, cost factors, and/or cost estimating related tools
•Knowledge about costing tools like TcPCM, Apriori, etc. is a plus
•Experience in appliance, electronics industry or contract manufacturer is a plus
•Advanced proficiency in MS office

Travel :
The candidate might need to travel occasionally

At Electrolux, we take responsibility for our development in a supportive environment where we embrace our differences and learn from each other. In a truly multicultural setting, we shape living for the better and create remarkable experiences for employees and consumers, all around the globe.

Our Consumer Experience organisation is a global team dedicated to shaping living for the better – transforming business, industry and our consumers lives! Does that appeal to you? This may just be the position you're looking for. Consumer Experience spans brand, marketing, design, sustainability, R&D, technology and innovation. We're dedicated to working toward the Electrolux mission to deliver sustainable and outstanding experiences for consumers around the world. Join us!

Find out more on:
Stockholm HQ: https://www.linkedin.com/company/electrolux/life/sweden

 

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We encourage you to apply as soon as possible as candidates will be interviewed continuously. The position may be filled prior to the date described as 'Apply by'