Manager - Costing

As the Costing Manager, you will play a crucial role in managing and optimizing the costing process for the company's footwear, accessories, and components. Your responsibilities will include reviewing cost breakdowns, validating product specifications, negotiating with vendors for competitive pricing, and ensuring cost savings and margin optimization. You will collaborate with various teams such as sourcing, merchandising, and others to maintain cost standards and achieve margin targets effectively. Your key responsibilities will involve reviewing cost breakdowns from suppliers, finalizing raw material pricing, calculating material consumption accurately, and finalizing labor costs based on work content analysis and wage structure. Additionally, you will negotiate with vendors to secure the best pricing while upholding quality standards, conduct market research and product cost analytics, and analyze product margins to implement strategies for profitability. Furthermore, you will be responsible for managing vendor relationships, leading cost-saving initiatives, coordinating cross-functionally with different teams, overseeing margin targets, and regularly reviewing and adjusting costing structures based on market trends. It will be essential for you to stay updated on industry knowledge, implement best practices in cost management processes, and ensure compliance with company policies and statutory requirements. To be successful in this role, you should hold a Bachelor's or Master's degree in Finance, Accounting, or a related field, along with a minimum of 8 years of experience in costing, procurement, or a similar role in the footwear, accessories, or related industry. Proficiency in cost analysis, vendor negotiations, market analysis, and margin management is required, as well as advanced knowledge of tools like Microsoft Excel for reporting. Strong negotiation, communication, and analytical skills are essential, along with the ability to work collaboratively with different teams, attention to detail, problem-solving capabilities, and the capacity to handle multiple priorities under pressure to meet deadlines. If you are looking to be part of a dynamic team where your expertise in cost management can make a significant impact, then this role as a Costing Manager may be the perfect fit for you.,