Program Cost Manager

Posted 7 Days Ago
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Elyria, OH, USA
In-Office
Senior level
Internet of Things • Energy
The Role
Leads should-cost and could-cost modeling for direct materials and product programs. Supports sourcing strategies, supplier negotiations, RFQs, contracting, cost reduction, make-versus-buy evaluations, benchmarking, and total-cost-of-ownership analysis. Collaborates with Engineering and Operations to validate manufacturing assumptions and identify design-for-cost opportunities. Tracks cost performance, analyzes variances, and provides recommendations to senior leadership while improving costing tools and sourcing analytics.
Summary Generated by Built In
The Program Cost Manager is a senior-level individual contributor within the Sourcing organization, responsible for leading should-cost and could-cost modeling to inform sourcing strategies, supplier negotiations, and cost reduction initiatives across assigned product programs. This role serves as the primary cost subject matter expert for direct material spend to support manufacturing facilities enabling fact-based sourcing decisions and disciplined cost management throughout the product lifecycle.
In This Role, Your Responsibilities Will Be:
  • Lead development and ownership of should-cost and could-cost models for key commodities, suppliers, and product programs, including material, labor, overhead, and process assumptions. 
  • Partner with Strategic Sourcing to support supplier negotiations, RFQs, and contracting activities through fact-based cost analysis and total cost of ownership assessments. 
  • Identify cost drivers and improvement opportunities across the supply base, supporting cost-out initiatives, productivity improvements, and margin expansion. 
  • Collaborate with Engineering and Operations to validate process assumptions, manufacturing routings, and design-for-cost opportunities. 
  • Provide cost impact analysis for total cost of ownership on sourcing decisions, supplier changes, volume shifts, and engineering changes. 
  • Track and report cost performance versus targets, including variance analysis and recovery actions. 
  • Support make-versus-buy evaluations, supplier benchmarking, and clean-sheet costing exercises. 
  • Act as the sourcing cost authority for assigned programs, ensuring alignment between cost models, negotiated outcomes, and financial commitments. 
  • Contribute to continuous improvement of costing tools, methodologies, and sourcing analytics capabilities.
  • Other duties as assigned.

Who you are:

You use financial analysis to generate, evaluate, and act on strategic options and opportunities. You push yourself and help others achieve results. You adjust communication content and style to meet the needs of diverse stakeholders.

For This Role, You Will Need:
  • Bachelor’s degree in Engineering, Supply Chain, Finance, Business, or related field.
  • 7+ years of experience in sourcing, cost engineering, manufacturing finance, or related roles within an industrial or manufacturing environment. 
  • Demonstrated expertise in should-cost methodology, clean-sheet costing, and supplier cost analysis. 
  • Strong understanding of manufacturing processes, materials, and operations cost structures. 
  • Proven ability to influence sourcing outcomes and negotiations through data-driven insights. 
  • Advanced analytical skills with proficiency in system-based cost modeling; ERP and sourcing system experience preferred. 
  • Strong communication skills with the ability to translate complex cost data into clear recommendations for senior leadership.
  • Proven success in cross functional collaborative environments
  • Periodic overnight travel of 10+% will be required
  • Legal authorization to work in the United States - sponsorship will not be provided for this role. 
     
Our Culture & Commitment to You:
At Emerson, we prioritize a workplace where every employee is valued, respected, and empowered to grow. We foster an environment that encourages innovation, collaboration, and diverse perspectives—because we know that great ideas come from great teams. Our commitment to ongoing career development and growing an inclusive culture ensures you have the support to thrive. Whether through mentorship, training, or leadership opportunities, we invest in your success so you can make a lasting impact. We believe diverse teams, working together are key to driving growth and delivering business results.
 

We recognize the importance of employee wellbeing. We prioritize providing flexible, competitive benefits plans to meet you and your family’s physical, mental, financial, and social needs. We provide a variety of medical insurance plans, with dental and vision coverage, Employee Assistance Program, 401(k), tuition reimbursement, employee resource groups, recognition, and much more. Our culture offers flexible time off plans, including paid parental leave (maternal and paternal), vacation and holiday leave.

Learn more about our Culture & Values. 

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About Us

WHY EMERSON 

Our Commitment to Our People

At Emerson, we are motivated by a spirit of collaboration that helps our diverse, multicultural teams across the world drive innovation that makes the world healthier, safer, smarter, and more sustainable. And we want you to join us in our bold aspiration.

We have built an engaged community of inquisitive, dedicated people who thrive knowing they are welcomed, trusted, celebrated, and empowered to solve the world’s most complex problems — for our customers, our communities, and the planet. You’ll contribute to this vital work while further developing your skills through our award-winning employee development programs. We are a proud corporate citizen in every city where we operate and are committed to our people, our communities, and the world at large. We take this responsibility seriously and strive to make a positive impact through every endeavor.

At Emerson, you’ll see firsthand that our people are at the center of everything we do. So, let’s go. Let’s think differently. Learn, collaborate, and grow. Seek opportunity. Push boundaries. Be empowered to make things better. Speed up to break through. Let’s go, together.

Work Authorization

Emerson will only employ those who are legally authorized to work in the United States. This is not a position for which sponsorship will be provided. Individuals with temporary visas such as E, F-1(including those with OPT or CPT) , H-1, H-2, L-1, B, J or TN, or who need sponsorship for work authorization now or in the future, are not eligible for hire.

Equal Opportunity Employer

Emerson is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to sex, race, color, religion, national origin, age, marital status, political affiliation, sexual orientation, gender identity, genetic information, disability or protected veteran status. We are committed to providing a workplace free of any discrimination or harassment.

Accessibility Assistance or Accommodation

If you have a disability and are having difficulty accessing or using this website to apply for a position, please contact: [email protected].   


ABOUT EMERSON 

Emerson is a global leader in automation technology and software. Through our deep domain expertise and legacy of flawless execution, Emerson helps customers in critical industries like life sciences, energy, power and renewables, chemical and advanced factory automation operate more sustainably while improving productivity, energy security and reliability.

With global operations and a comprehensive portfolio of software and technology, we are helping companies implement digital transformation to measurably improve their operations, conserve valuable resources and enhance their safety.

We offer equitable opportunities, celebrate diversity, and embrace challenges with confidence that, together, we can make an impact across a broad spectrum of countries and industries. Whether you’re an established professional looking for a career change, an undergraduate student exploring possibilities, or a recent graduate with an advanced degree, you’ll find your chance to make a difference with Emerson. Join our team – let’s go!

No calls or agencies please. 

Skills Required

  • Bachelor's degree in Engineering, Supply Chain, Finance, Business, or a related field
  • 7+ years of experience in sourcing, cost engineering, manufacturing finance, or related roles within an industrial or manufacturing environment
  • Expertise in should-cost methodology, clean-sheet costing, and supplier cost analysis
  • Strong understanding of manufacturing processes, materials, and operations cost structures
  • Ability to influence sourcing outcomes and negotiations through data-driven insights
  • Advanced analytical skills with proficiency in system-based cost modeling
  • ERP and sourcing system experience
  • Strong communication skills and ability to translate complex cost data into recommendations for senior leadership
  • Success in cross-functional collaborative environments
  • Periodic overnight travel of 10% or more
  • Legal authorization to work in the United States without employer sponsorship

Emerson Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Emerson and has not been reviewed or approved by Emerson.

  • Retirement Support Retirement programs have been strengthened with a 401(k) plus company-supported contributions such as profit sharing and a recent cash-balance transition for certain participants. These features are positioned as differentiators among large industrial peers.
  • Equity Value & Accessibility An employee stock purchase plan introduced in 2026 enables discounted share purchases via payroll deductions. This adds an accessible ownership element to the total rewards mix.
  • Leave & Time Off Breadth The package includes PTO, holidays, sick leave, and parental leave within a broad benefits suite. Coverage breadth aligns with large-employer norms across locations, though specifics vary.

Emerson Insights

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The Company
HQ: Saint Louis, MO
50,857 Employees
Year Founded: 1890

What We Do

At Emerson, we’re passionate about what we do. By fusing decades of technology and engineering expertise, Emerson continues to solve some of the world’s most complex challenges with innovative solutions for customers in industrial, commercial, and residential markets. We recruit the greatest talent and apply the best technologies to benefit our customers worldwide. Automation Solutions is a leader in helping process and discrete manufacturers automate and optimize production processes through our best-in-class technologies and industry expertise. Commercial & Residential Solutions develops technologies and services that improve human comfort, safeguard food, protect the environment, enable sustainable food waste disposal, and support efficient construction and maintenance of buildings and municipal infrastructure. Emerson has a wide range of industry knowledge, manufacturing expertise, and technological innovation around the world. Join our next generation of leaders today.

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