Cost Down Program Manager

Span

$120K — $150K *
Manufacturing & Automotive
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Engineering or related field; advanced degrees are a plus.
  • Minimum 3 years of experience in financial analysis or program management within a manufacturing or technology environment.
  • Proficient in Microsoft Excel and PowerPoint, including experience with pivot tables and executive presentations.
  • Experience with SQL and Tableau for business metrics reporting.
  • Proven ability to lead value engineering and cost savings initiatives, managing a team of engineers.

Responsibilities

  • Govern NPI Financial Integrity by coordinating the integration of market data into financial models.
  • Establish Executive Reporting Cadence as the point of contact for communicating financial performance to senior leadership.
  • Mitigate Financial & Supply Chain Risk by identifying market risks and developing mitigation plans.
  • Lead cost engineering initiatives across product lines to support pricing and budgeting.
  • Prepare executive-level reports to communicate cost insights and recommendations clearly.
  • Drive Cost Optimization initiatives, focusing on closing savings gaps and setting savings goals across product lines.
  • Own the product vision and roadmap for the Should Costing platform.

Benefits

  • Competitive compensation plus equity grants at a well-funded, venture-backed company.
  • 100% employee premiums covered for medical, dental, and vision, with additional coverage options.
  • Parental leave of up to twenty-four weeks, depending on eligibility.
  • Comfortable office location near public transit options.
  • Strong emphasis on company culture with employee resource groups and social events.
  • Flexible working hours and time-off policies, including one holiday per month.
Full Job Description
The Role

We're hiring a Product Cost Program Manager to serve as the essential strategic link between our Global Supply Management (Commodity Management) and Finance (Cost Analysis) operations. You will be responsible for translating supply chain strategies and key cost-saving initiatives into concrete, measured, and reported financial outcomes. The success of this role ensures the financial integrity and efficient execution of all major supply chain and manufacturing cost programs, directly supporting margin goals across the business. Will also lead SPAN's "should costing" platform, a data-intensive, algorithm-driven application used to estimate how much a product/parts/component should cost, based on materials, manufacturing processes, and market dynamics.

Responsibilities
  • Govern NPI Financial Integrity: Coordinate the NPI financial program life cycle, ensuring the
    accurate integration of Global Supply Management's (GSM) market data and sourcing
    strategies into the Cost Analyst's financial models and final product pricing.
  • Establish Executive Reporting Cadence: Serve as the single point of contact for synthesizing
    and communicating the financial performance of supply chain initiatives, preparing clear, actionable, and data-backed reports (e.g., COGS variance, savings realization) for senior
    leadership.
  • Mitigate Financial & Supply Chain Risk: Oversee the strategic alignment between commodity market analysis and financial forecasting, proactively identifying program risks (e.g., market volatility, geopolitical impact) and partnering with teams to develop and execute mitigation plans.
  • Lead cost engineering initiatives across product lines, developing and maintaining financial
    models that support pricing, budgeting, and forecasting.
  • Prepare executive-level reports and presentations using Excel/Sheets and PowerPoint/Slides to communicate cost insights, trends, and recommendations.
  • Support program management activities, including milestone tracking, risk assessment, and
    cost-performance monitoring across custom mechanical components and manufacturing
    projects.
  • Post-Ramp Qualification - leads the qualification of new components, modules, and processes by collaborating closely with engineering to establish timelines, benchmarks, and
    Requirements for qualifying changes to shipping products.
  • Drive Cost Optimization - Lead initiatives to close identified savings gaps, set goals for short,
    medium, and long-term savings focusing on COGS, COQ, DFx, and product cost for new and
    sustaining products. Own cost savings strategic thrusts.
  • Cross-Functional Leadership - Collaborate with executive sponsors and engineers across
    Design, Manufacturing, and Supplier Engineering. Chair and participate in product cost
    reduction committees and review boards to ensure alignment and progress.
  • Project and KPI Ownership - Set and track clear goals, KPIs, and deliverables for product cost
    reduction workstreams. Quantify cost savings, quality impacts, and process adoption metrics.
  • Ensure timely and effective execution of product cost reduction projects to deliver results.
  • Strategic Influence - Shape the purpose, intent, and approach of product cost reduction
    within the organization. Remove roadblocks, align cross-functional teams, and drive adoption of product cost reduction as a core organizational habit.
  • Coordinate with the Original Equipment Manufacturer (OEM) team in planning and executing builds
  • Influence Operations, Quality, and Engineering teams on key decisions and drive cross-
    functional teams for the timely execution of projects.
  • Lead all communications, upward and downward through the organization, raising key issues and presenting options for resolution with executive teams.
  • In conjunction with cross-functional teams (e.g., design, PMO, strategic supply chain), create technology roadmaps for manufacturing processes, DFx tools, cost modeling, etc.
  • Own the product vision and roadmap for the "Should Costing" platform
  • Collaborate with stakeholders to gather and prioritize product requirements related to: Cost
    modeling, BOM (Bill of Materials), Material cost trends, Manufacturing processes, and
    logistics
  • Stay current on market trends in raw materials, global supply chains, and cost estimation
    methodologies
  • Drive Cost Realization Programs: Lead and govern all cross-functional programs for cost-
    efficiency, new product introduction (NPI), financial modeling, and risk mitigation, ensuring a direct and traceable link between sourcing strategy and final COGS reporting.
About You

A successful Product cost PM is a leader and facilitator; is dynamic, driven, organized, and
detail-oriented; excels in program management; thrives in an ambiguous environment, and is
adept at facilitating actions and resolving conflicts. You need to have a technical background
to be able to work with highly skilled engineering teams to identify risks, explore solutions,
reach consensus, and execute mitigations as quickly as possible.
  • Cross-Functional Program Leadership: Demonstrated ability to lead complex, multi-million dollar cross-functional programs that delivered significant, quantifiable cost reductions
    and/or margin improvements within a high-tech manufacturing environment.
  • Strategic Financial & Supply Chain Acumen: Deep understanding of the intersection between strategic sourcing and financial planning, specifically in relation to COGS, gross margins, variance analysis, and inventory cost management.
  • Executive Communication & Influence: Proven skill in distilling complex program progress
    and data into clear, concise narratives and presentations suitable for executive-level decision-making and review.
  • Advanced Analytical and Systems Proficiency: Expert-level capability in program
    management, organizational structuring, and utilizing financial modeling, data visualization
    tools (e.g., Tableau), and ERP systems to manage performance and ensure data integrity.

Required Qualifications

Bachelor's degree in Engineering, or related field; advanced degrees or certifications in
supply chain or cost management are a plus. Master's degree considered a plus.
  • Minimum 3 years of experience in financial analysis or program management within a
    manufacturing or technology environment.
  • Strong proficiency in Microsoft Excel (pivot tables, charts, formulas) and PowerPoint
    (executive presentations).
  • Proven ability to synthesize complex data into actionable insights and communicate
    effectively with stakeholders.
  • Experience in manufacturing, process engineering, or product development is advantageous
  • Ability to thrive in an ambiguous environment and tackle complex multidisciplinary projects
  • Experience with SQL and Tableau for business metrics reporting.
  • Must have experience leading a value engineering, cost savings, or VAVE organization.
  • Must have management experience of a team of engineers.
  • Strong technical skills, involving problem solving, DFM, and should-cost/could-cost. Proven
    ability to interpret detailed drawings and execute tolerance stack-ups for assemblies.
  • Strong analytical skills, able to understand and shape the logic behind complex cost models and algorithms
  • Familiarity with product structures, BOMs, sourcing processes, or manufacturing workflows
  • Ability to lead cross-functional teams and stakeholders from all internal departments
  • A bias for action, comfortable driving clarity in ambiguity, and product outcomes
  • Experience with cost estimation tools, ERP systems, or PLM (Product Lifecycle Management) systems
  • Strong verbal and written communication skills, excellent interpersonal skills


The Perks:

Competitive compensation + equity grants at a well-funded, venture-backed company

Comprehensive benefits: 100% employee premiums for base plans on medical, dental, and vision, with options for additional coverage. Parental leave up to twenty-four (24) weeks, depending on eligibility

Comfortable, sunny office space located near BART and Caltrain public transit

Strong focus on team building and company culture: Employee Resource Groups, monthly social events, SPANcakes recognition breakfast, lunch, and learns

Flexible hours, one holiday per month, and flexible time off

Interested in joining our team? Apply today, and we'll be in touch with the next steps!

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