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
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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