Manager Costing

vfc

📍 asia sgp singapore gmt product supply office singapore🕐 1mo ago🔗 workday

Job Description

**ABOUT YOUR ROLE** * Acts as the global functional focal point for apparel costing, driving enterprise standards, influencing strategic sourcing decisions, and enabling margin delivery across the product creation lifecycle. * Leads end-to-end costing execution across a global sourcing portfolio, ensuring cost accuracy, transparency, and alignment to brand margin targets. * Owns global costing delivery by embedding enterprise costing standards into disciplined regional execution, enabled through active leadership, development, and coaching of Senior Costing Engineers within key manufacturing regions. * Partners cross-functionally with Sourcing Development, Engineering, Product Supply Enablement (PSE), Brand Planning, Product Development, Design & merch to drive margin optimization, strengthen cost discipline, and enable fact-based, data-driven decision making across the organization. KEY RESPONSIBILITIES ==================== The Costing Manager will act as central connector across Finance, PSE and Brand to establish and develop end-to-end product cost governance. This includes: **1\. End-to-End Costing Delivery** * Own global FOB validation, consolidation, and submission across all GTM milestones * Ensure costing accuracy, completeness, and alignment to margin targets * Provide structured visibility of FOB evolution, risks, and variance to enable decision making * Maintain discipline in milestone tracking, forecast accuracy, and buy readiness **2\. Cost Governance & Standards Execution** * Implement and enforce global costing standards, frameworks, and processes across regions * Ensure consistency in costing methodologies, assumptions, and tools * Own governance of cost changes, exceptions, and approval processes * Drive transparency and accountability in costing outcomes **3\. Regional Costing Leadership** * Lead regional costing execution through Senior Costing Engineers in key sourcing countries (e.g., Vietnam, Bangladesh) * Set clear expectations, monitor performance, and ensure delivery against timelines and targets * Drive alignment of regional execution to global costing strategy and operating model * Identify and escalate risks impacting cost performance or GTM readiness **4\. Cost Optimization & Commercial Impact** * Lead vendor-facing cost negotiations and cost engineering initiatives * Identify opportunities across materials, construction, and manufacturing efficiency to improve margins * Partner with Engineering, Sourcing, and Product teams to balance cost, quality, and product intent * Support sourcing allocation decisions through cost competitiveness insights **5\. Cross-Functional Partnership** * Partner with Product Development, Merchandising, Sourcing, PSE, and Finance to align on cost targets and margin delivery * Provide insights on economic trends, cost drivers, trade impacts, and regional dynamics to inform decision making * Contribute to integrated planning and cost projection discussions **6\. Reporting & Insights** * Lead structured costing communication at key GTM milestones * Consolidate regional inputs into clear, actionable global insights * Highlight risks, opportunities, and recommended actions to stakeholders **7\. Capability Building** * Build costing capability across regions through coaching and guidance of Sr Costing Engineers * Develop team discipline in: * Costing fundamentals * Analytical rigor * Stakeholder communication **COMPETENCY REQUIREMENTS** * Strong commercial acumen with the ability to connect product costs, sourcing strategies, margin performance, and business outcomes. * Demonstrated analytical thinking and problem-solving capability, with the ability to translate data into actionable business recommendations. * Proven ability to influence and build alignment across cross-functional stakeholders in a complex, matrixed environment. * Strong leadership capability with experience coaching, developing, and leading teams while driving accountability and continuous improvement. * Results-oriented with a strong ownership mindset and ability to deliver in a fast-paced, milestone-driven environment. * Effective communicator with the ability to simplify complex topics and influence decision-making through clear insights and business storytelling. * Proven change agent with the ability to drive process standardization, governance, and adoption of new ways of working. * Digital and continuous improvement mindset with a passion for leveraging data, systems, and technology to improve performance. **KEY QUALIFICATIONS** * Bachelor's degree in Textile Engineering, Apparel Manufacturing, Industrial Engineering, Supply Chain, Finance, or a related field. * 6+ years of experience in apparel sourcing, manufacturing, product costing, cost engineering, or supply chain operations, including multi-country sourcing environments. * Strong expertise in apparel costing, garment construction, manufacturing processes, material cost drivers, and vendor economics. * Proven track record of delivering cost optimization, cost engineering, and vendor negotiation initiatives that improve margin performance. * Strong understanding of FOB development, cost forecasting, margin management, and costing governance processes. * Advanced analytical and financial modeling capabilities, including proficiency in Excel and costing tools. * Knowledge of global sourcing dynamics, trade regulations, tariffs, and regional manufacturing competitiveness. * Experience working in a global matrix organization with cross-functional stakeholder management responsibilities. R-20260707-0005
Manager Costing at vfc | MergeJobs