Director of Costing

What You’ll Do: This role leads global sourcing and product costing strategies to achieve company financial goals, focusing on cost reduction, quality, and supply performance. It oversees supplier selection, contract negotiation, cost modeling, and vendor management while driving savings initiatives and continuous improvement. The position also manages budgets, maintains cost data, and develops the sourcing team to ensure effective execution across all sourcing and costing activities. Specific job duties include: Creates and executes strategies that align with the Company goals for reducing costs and meeting company financial expectations, while managing vendor relationships Oversee and direct product costing and sourcing activities to ensure all financial goals and objectives are met Lead global sourcing strategy to ensure the aggressive savings targets set up by the Company and business needs are being met Identify and manage global sourcing strategies to establish and implement a sourcing strategy focusing on cost, quality, and delivery Conduct industry analysis to provide proactive insight into sourcing strategy Initiate, direct and conduct all activities relating to negotiating, evaluating, selecting, and implementing preferred supplier contacts Represent the Company and negotiate contracts with global suppliers which include negotiating price, capacity, terms and conditions in support of those agreements Act as the interface to supplier; ensure supplier development and partnership; and ensure that suppliers meet key requirements and obligations Provide overall direction for total system cost modeling and developing "should cost" estimates Identify and implement problem solving methods for cost control and improvement projects each year in partnership with factories Manage maintenance of a material cost library and implement tracking process for core commodity costs Manage Costing and Sourcing budget and budget setting process Mentor, train, and develop staff to facilitate effective performance across all phases of the sourcing and costing processes Other duties may be assigned Bring It! Minimum of 15 plus years of costing and procurement experience in the consumer products industry with a BS degree in Engineering Demonstrated ability to think strategically Ability to articulate points of view with executive management and execute plans when directed Minimum 10 years supervisory experience Utilize project management skills to manage projects, develop project scopes, budgets, schedules, and communicate associated risks to peers and management Experience working with cross-functional teams managing multiple projects Superior problem solving and interpersonal communication skills with a proven ability to be an extremely flexible team member that can meet deadlines and excel in a fast-paced, demanding environment Must have excellent time management skills and be able to work effectively with little management oversight As a Great Place to Work Certified company, we are committed to offering the best to our employees. We offer a comprehensive benefits package that includes medical, vision, dental, prescription drug coverage, life insurance, wellness benefits, generous employer-matched 401(k) plan, Paid Childcare Leave, among other benefit plans. Our total rewards are top ofmarketand include competitive salary, bonus, and opportunities to earn equity. We focus on supporting employee development and growth. We regularly hold social functions to foster a genuine camaraderie that enhances teamwork. At our company-wide award functions, we take time to recognize the talent and dedication of the people who make Munchkin the most loved baby lifestyle brand in the world. To give our people flexibility, we offer hybrid work environment with opportunities forhalf-day Friday’s all year aroundand provide annual weeklong global office closures giving our people a chance to recharge. Munchkin welcomes and values what makes everyone unique. We’reproud to be an equal opportunity and affirmative action employer. All hires for our team are based on qualifications, merit, and business needs. We recruit, employ, train, and promote regardless of race, color, religion, disability, sex, sexual orientation, gender identity, national origin, age, veteran status, genetic characteristic, or any other protected status.

Equal Opportunity Employer: This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.