Costing Manager

Posted 15 Hours Ago
Be an Early Applicant
Van Nuys, Los Angeles, CA, USA
In-Office
100K-125K Annually
Senior level
Consumer Web • eCommerce • Food • Kids + Family • Design • Manufacturing
Munchkin is on a mission to be the “World’s Most Loved Baby Lifestyle Brand” through ingenuity, love, and innovation.
The Role
Leads product costing operations, including cost estimates, should-cost analysis, cost reduction initiatives, material cost tracking, factory capability evaluation, and costing system management. Partners with design, development, manufacturing, procurement, and finance teams; supports budgeting and communicates costing updates to stakeholders. Requires manufacturing and product costing expertise, with up to 15% domestic and international travel.
Summary Generated by Built In

Who We Are:

WHY Brands Inc., a parent company of Munchkin, Inc., focuses on creating, incubating, and growing the next generation of consumer lifestyle brands. Founded in 1990, Munchkin is the leading consumer product company and most loved baby lifestyle brand behind the innovative gear and products for children, mothers, and caregivers. Munchkin has sold billions of dollars of products through our key retail partners: Target, Walmart, and Amazon and has global distribution in over 50 countries. With over 375+ patents under our belt and over 250 international product and brand design awards, we continue to create solutions that leave our customers asking, "how did I ever live without this?" Innovation is the core of our company DNA and has been driving our designs for over 30 years!  Recognized as #8 on America’s Most Innovative Companies list by Fortune Magazine, innovation is the core of our company DNA and has been driving our designs for 30 years!

We lead with our core values and believe that investing in the community is our responsibility.  We create opportunities for every child’s potential and well-being through the Radiant Colors program, work to create a sustainable future, and in partnership with the International Fund for Animal Welfare have committed to animal conservation. 

Position Summary:

A leader who will work side by side with the Sr. Director of Costing Procurement, and lead a team of talented costing professional to achieve company goals and offer best in class costing procedures. This is a high visibility role and will be responsible for cost management to evaluate product designs, provide a framework to drive cost reduction, develop cost estimates which are used by cross functional departments in the design and development process, and manage the costing system that provides the product costing statistic to produce the financial reports.

What You Will Do:

  • Provide timely, competitive and reliable product cost estimates and economic information of products in support of the effective execution of design, development and manufacturing process.
  • Analyze product design to effect maximum utilization of materials, methods and processes in order to meet cost objectives and quality specifications.
  • Ability to Identify areas for cost reduction during design process to help teams meet cost targets. Develop “should cost” estimates.
  • Develop cost control and improvement projects each year to partner with factories.
  • Responsible for maintaining a material cost library and tracking core commodity costs.
  • Communicates updates to management and other stakeholders regarding product costing activities.
  • Active participant in the annual budget setting process.
  • Evaluation of factories and their capabilities.

You Will Bring:

  • Bachelor’s degree in Engineering, Applied Science or Applied Mathematics from a four-year college or university.
  • Minimum of 7+ years working experience in product costing.
  • Thorough understanding of the product development and manufacturing processes; prior work experience inside manufacturing environment is an essential requirement.
  • Merchandising knowledge or experience in the consumer product industry is a plus.
  • Knowledge of financial and engineering economy concepts is a definite advantage
  • Good presentation and communication skills in both written and spoken English
  • Require domestic and international travel of up to 15%.

      We Got You Covered!

      As a Great Place to Work Certified™ company, we are committed to offering the best to our employees.  We offer a comprehensive benefits package that includes medical, vision, dental, prescription drug coverage, life insurance, wellness benefits, generous employer-matched 401(k) plan, Paid Childcare Leave, among other benefit plans.  Our total rewards are top of market and include competitive salary, bonus, and opportunities to earn equity.  We focus on supporting employee development and growth.  

      We regularly hold social functions to foster a genuine camaraderie that enhances teamwork. At our company-wide award functions, we take time to recognize the talent and dedication of the people who make Munchkin the most loved baby lifestyle brand in the world. 

      To give our people flexibility, we offer hybrid work environment with opportunities for half-day Friday’s all year around and provide annual weeklong global office closures giving our people a chance to recharge.   

      Salary range: $100,000 - $125,000

      To learn more, visit us at www.munchkin.com.  

      Munchkin welcomes and values what makes everyone unique.  We’re proud to be an equal opportunity and affirmative action employer. All hires for our team are based on qualifications, merit, and business needs. We recruit, employ, train, and promote regardless of race, color, religion, disability, sex, sexual orientation, gender identity, national origin, age, veteran status, genetic characteristic, or any other protected status.  

      Applicant Privacy Statement

      Equal Opportunity Employer
      This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

      Skills Required

      • Bachelor's degree in Engineering, Applied Science, or Applied Mathematics
      • Minimum of 7 years of product costing experience
      • Thorough understanding of product development and manufacturing processes
      • Prior work experience in a manufacturing environment
      • Good written and spoken English communication skills
      • Merchandising knowledge or consumer product industry experience
      • Knowledge of financial and engineering economy concepts

      What the Team is Saying

      Advika Ugale
      Anya Schultz
      Jee Shin
      Stephanie Cope

      Munchkin, Inc. Compensation & Benefits Highlights

      • Healthcare Strength — The package includes 100% employer-paid medical, dental, and vision, plus employer-paid life and AD&D, indicating robust core protection.
      • Retirement Support — A 401(k) match up to 4% with immediate vesting is advertised, pointing to solid retirement backing.
      • Parental & Family Support — Generous paid parental leave and a post‑parental‑leave return‑to‑work program are highlighted, indicating meaningful family support.

      Munchkin, Inc. Insights

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      The Company
      Bentonville, AR
      325 Employees
      Year Founded: 1990

      What We Do

      WHY Brands Inc., a parent company of Munchkin and Curio Home Goods, focuses on creating, incubating, and growing the next generation of consumer lifestyle brands. Founded in 1990, Munchkin is the leading consumer product company and most loved baby lifestyle brand behind the innovative gear and products for children, mothers and caregivers. Munchkin has sold billions of dollars of products through our key retail partners: Target, Walmart, and Amazon and has global distribution in over 50 countries. Curio, a premium brand of curated collections of home goods, launched in 2023. WHY’s vision is to establish an expanding portfolio of innovative businesses that align with its commitment to inventive product design. With over 350+ patents under our belt, we continue to create solutions that leave our customers asking, "how did I ever live without this?" Recognized as #8 on America’s Most Innovative Companies list by Fortune Magazine, innovation is the core of our company DNA and has been driving our designs for 30 years! We lead with our core values and believe that investing in the community is our responsibility. We create opportunities for every child’s potential and well-being through the Radiant Colors program, work to create a sustainable future, and in partnership with the International Fund for Animal Welfare have committed to animal conservation. Not only were we honored by LA Business Journal as The Most Sustainable Company of 2022, we were also humbled to be honored on the 2023 Fast Company’s annual “Brands That Matter” list. We put our heart into everything we do, from innovating new products to our packaging & brand design. We are honored to have our work recognized with over 250 international product and brand design awards.

      Why Work With Us

      We pour our hearts into simplifying life with big ideas for little (and big) hands. Munchkin believes we must consciously contribute to causes that protect our future. Becoming the most loved baby lifestyle brand in the world is indeed a lofty company mission and we take it seriously. Read our 2024 Sustainability Report for more!

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      Munchkin, Inc. Offices

      Hybrid Workspace

      Employees engage in a combination of remote and on-site work.

      Typical time on-site: Flexible
      Bentonville, AR
      Harrogate, GB
      Los Angeles, CA
      Milton, Ontario
      Redlands, CA
      Wakefield, GB
      Learn more

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