Product Cost Engineer – Meta Reality Labs Product Operations
| Company | Meta |
|---|---|
| Location | Redmond, WA, USA, Sunnyvale, CA, USA |
| Salary | $167000 – $230000 |
| Type | Full-Time |
| Degrees | Bachelor’s, Master’s, MBA |
| Experience Level | Senior, Expert or higher |
Requirements
- BS or higher in Electrical Engineering, Mechanical Engineering, Manufacturing & Operations Engineering or equivalent experience
- 5+ years of experience in product cost management roles in hardware technology products
- Knowledge of Operations and Supply Chain with demonstrated effective communication skills
- Experience adjusting to different communication styles and balancing non-cost variables
- Problem solving, analytical and communication skills
Responsibilities
- Support cross functional teams in active reporting and management of Total Cost per Unit including Materials, Capital Expenditures, Manufacturing Value Add (MVA), Warranty, Freight and others
- Develop cost models to support cost and product category boundary decisions
- Use cost models to drive supply chain and scalability strategies
- Use your technical expertise to drive engineering and the supply chain team to meet program cost targets at a product and commodity level for your project
- Engage Hardware teams at a technical level to identify and drive cost reduction opportunities
- Track program actual costs versus targets to identify deltas and come up with corrective actions to bring the costs back on track
- Outline, report and track all risks & opportunities related to product cost and drive them to closure
- Lead cross-functional cost reviews to report actual versus target costs and risks and opportunities for your program
- Actively participate in cross functional reviews to understand cost implications of operational, engineering and/or process changes
- Work with both Sourcing and Engineering to align on Supplier Plan of Record (SPOR) to ensure low cost and stable supply
- Ensure that best practices for cost management are shared across different teams
- Help create scalable processes documenting some of the best practices in the organization
Preferred Qualifications
- Master’s degree, MBA
- 8+ years of experience in product cost management roles in hardware technology products
- Background in Finance, Sourcing, or Engineering