At Altra, we are on a never-ending journey to seek out opportunities to unlock potential in ourselves and others and to create a more diverse and inclusive running community. When we’re all working together as the best versions of ourselves, we can feel empowered both individually and as a community.
So, before we get to the job details, take a minute to learn a little more about us – our values and our culture. If you can see yourself working side-by-side with a team of people driven to discover more about ourselves and the world around us, Altra just may be the place for you.
To learn more about our values and our culture, visit Altra Careers or www.altrarunning.com.
What will you do?
A day in the life of a Cost Engineer at Altra looks a little like this.
The Cost Engineer works as part of the product creation team to support the costing function throughout the development process. The primary focus of this role is to achieve overall margin goals for the brand through analytics, communication, and problem solving. Central to the costing process is a cross-functional series of margin reviews that are tied to key milestones in the calendar. The success of this role is tied directly to organization, interdepartmental collaboration, and the ability to work well with VF's Sourcing offices in Asia
This person will be an integral part of the product team, and help ensure we hit our margins while driving premium product for our consumer. This role will need to be strategic as well as granular in the day to day. This individual will need to be comfortable being proactive, asking questions and working cross functionally. They will help us take our product to the next level by working with our sourcing teams and internal team to help solve problems and ensure the team is aligned on actions that are needed.
Let’s break down that day-in-the-life a bit more.
Set TFOBs by upper and tooling for each model every season
Provide detailed target FOB ranges and estimated costs on seasonal line to the product teams.
Lead the tear down of each CBD at each milestone with the triad
Identify key cost drivers and work to find alternate solutions with the team
Manage to key calendar dates to optimize overall costing timeline and calendar.
Proto Reviews
Prepare costing and margin data prior to key milestone product reviews
Offer the triad a recap of cost savings and cost drivers, as well as next steps for margin improvement, if needed.
Margin Review/Gate Preparation
Gather and review cost breakdown sheets (CBDs) at multiple stages. Audit component costs.
Prepare costing files.
Identify margin challenged styles. Work with team on solutions to improve margins.
Support costing commentary for the Gate presentation.
Cost Finalization
Support final cost review and approval. Build and upload files for costs to be loaded into SAP/PIR.
Seasonal Maintenance and Preparation
Build out costing tools and season over season references.
Maintain organized file records in collaboration with the Sourcing and Development teams.
Partner with the product team, Sourcing offices, Materials and Operations on initial costing inputs.
Collaborate with the Design and Merchandising teams throughout the product creation cycle to identify early margin challenges-ideally at tech pack handoff.
Support the product teams in product reviews; understand cost drivers; and find cost saving options as needed.
Work with the Finance team to prepare Gate costing commentary and financial target analysis.
What do you need to succeed?
We all have unique skills that we bring to work and celebrate every day. For this role, there are foundation skills you’ll need to succeed and excel. Additionally, while formal education in a related field is great to have, we are most interested in your 3-5 years of experience and professional achievements.
The foundation skills you will need in this position are:
Footwear background required.
Ideal candidate will have working knowledge of product creation and related timelines
Competency in Microsoft Office applications with exceptional Excel skills
Effective written, visual, and oral communications
Exceptional organization with high attention to detail and accuracy
Analytical skills to build and identify trends in cost and forecast data
Strong skills in data management
Ability to work well cross functionally
Respect and urgency around deadlines and calendars
Bachelor’s degree in a related field preferred.
Now WE have a question for YOU.
Are you in?
#LI-DD1
Hiring Range:
$69,120.00 USD - $86,400.00 USD annuallyIncentive Potential: This position is eligible for additional compensation awards that may include an annual incentive plan, sales incentive, or commission potential. Specific details of the additional compensation eligibility for this position will be provided during the recruiting and interview process.
Benefits at VF Corporation: You can review a general overview of each benefit program offered, including this year's medical plan rates on www.MyVFbenefits.com and by clicking Looking to Join VF? Detailed information on your benefits will be provided during the hiring process.
Please note, our hiring ranges are determined and built from market pay data. In determining the specific compensation for this position, we comply with all local, state, and federal laws.
At VF, we value a diverse, inclusive workforce and we provide equal employment opportunity for all applicants and employees. All qualified applicants for employment will be considered without regard to an individual’s race, color, sex, gender identity, gender expression, religion, age, national origin or ancestry, citizenship, physical or mental disability, medical condition, family care status, marital status, domestic partner status, sexual orientation, genetic information, military or veteran status, or any other basis protected by federal, state or local laws. If you require accommodations during the application process, please contact us at [email protected]. VF will provide reasonable accommodations for qualified individuals to the extent required by applicable law.
Pursuant to all applicable local Fair Chance Ordinance requirements, including but not limited to the San Francisco Fair Chance Ordinance, VF will consider for employment qualified applicants with arrest and conviction records.
Skills Required
- 3-5 years of experience in a related field
- Bachelor's degree in a related field
- Exceptional organization with high attention to detail
- Strong skills in data management and analytics
- Competency in Microsoft Office applications, especially Excel
- Footwear background preferred
- Effective written and oral communication skills
What We Do
VF Corporation is one of the world’s largest apparel, footwear and accessories companies connecting people to the lifestyles, activities and experiences they cherish most through a family of iconic outdoor, active and workwear brands including Vans®, The North Face®, Timberland® and Dickies®. Our purpose is to power movements of sustainable and active lifestyles for the betterment of people and our planet. We believe that when you discover the difference between a career and a calling, you get so much more out of life. When those lines begin to blur, you start to limit yourself much less and start aiming for more. That’s what we want for everyone who joins us at VF. And frankly, that’s what it takes to thrive here too. For more information, please visit vfc.com.
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