Product Cost Engineer

MetaSunnyvale, CaliforniaOn-siteFull-timeMid level, 2–5 yearsListed 4 hours ago

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About this role

The Sustaining Product Cost Engineer (PCE) manages mass production (MP) product cost from ramp through end of life (EOL). As the voice of the product portfolio's financial health, you will be responsible for modeling and communicating the cost trade-offs associated with MP product decisions. The PCE is responsible for coordinating with cross-functional operations teams to develop cost-optimization plans, drive execution, and subsequently report out plan updates and performance against targets at leadership reviews.

Responsibilities

Responsible for setting and driving cross-functional teams to meet BOM+MVA, CapEx, and OCOGS cost targets at the product and commodity level
Track actual costs versus targets and coordinate with cross-functional stakeholders to develop cost optimization plans to close these gaps and achieve the targets
Outline, report, and track all program risks and opportunities related to product costs and execute them to completion
Lead cross-functional cost reviews to report out actual versus target costs, risks and opportunities, and cost optimization plan updates for each product
Drive the supply chain and operations teams to provide detailed cost reduction forecasts that enable you to meet your product's cost reduction goals
Track CapEx actuals to budget and identify opportunities for CapEx reduction and reuse on future products

Qualifications

BS or higher in Electrical Engineering, Mechanical Engineering, Manufacturing & Operations Engineering or equivalent experience
Experience in a product cost management role
Knowledge of product features/specifications, BOM cost categories, operations and supply chain
Cross-functional working experience to drive a program
Problem solving, analytical and communication experience
Proficiency in Microsoft Office suite: Word, PowerPoint, Excel and SQL
Experience navigating ambiguity in a fast-paced environment and prioritizing multiple work threads to maximize impact Demonstrated ability to integrate AI tools to optimize/redesign workflows and drive measurable impact (e.g., efficiency gains, quality improvements)
Experience in competitive analysis, should cost, and design of cost methodologies
Knowledge in ERP and PLM tools
Experience adhering to and implementing responsible, ethical AI practices (e.g., risk assessment, bias mitigation, quality and accuracy reviews)
Demonstrated ongoing AI skill development (e.g., prompt/context engineering, agent orchestration) and staying current with emerging AI technologies