Sr. Manager, Procurement & Cost Management

- Lead end-to-end cost management of multi-billion-dollar procurement from a diversified, multi-tier global supplier network - Identify opportunities for cost optimization and lead cross-functional teams to consistently achieve year-over-year value capture. - Lead complex, high-stakes data driven supplier negotiations to secure the lowest total acquisition cost without compromising operational requirements. - Develop and implement advanced tools and processes to improve cost analysis, reporting accuracy, and stakeholder communications.

- Lead the creation and maintenance of detailed cost models to analyze and forecast product cost changes. - Collaborate closely with engineering teams during product teardown and shouldcost modeling to understand cost drivers and enhance model precision.

- Develop and execute comprehensive negotiation strategies to secure optimal terms and cost structures with global suppliers. - Lead high-stakes supplier negotiations, leveraging market insights and cost analysis to drive cost savings without compromising quality or service. - Partner with sourcing and category teams to align negotiation approaches with overall procurement and business objectives.

- Partner with Category and Sourcing teams to refine sourcing strategies by leveraging global cost insights. - Work cross-functionally to capture comprehensive total cost of ownership data to establish accurate baselines for procurement initiatives. - Provide expert guidance and mentorship within the organization on best practices related to cost management.

- Lead the development of yearly budgets focused on cost-out targets, aligning financial goals with strategic cost management plans. - Oversee and drive cost reduction initiatives throughout the year to achieve budget objectives, monitoring progress and adjusting actions as necessary. - Collaborate with finance and cross-functional teams to track budget performance and report on variances and outcomes.

- Lead, manage, and develop a dedicated team of cost management professionals, fostering collaboration, accountability, and continuous professional growth. - Conduct regular performance evaluations, provide constructive feedback, and support career development plans for direct reports. - Demonstrate ownership and accountability for cost management results, actively driving key initiatives with minimal oversight. - Exhibit strategic thinking to anticipate risks and opportunities in global costs and supply chains, enabling proactive decision-making. - Coach and develop team members by sharing knowledge, encouraging continuous learning, and promoting a culture of high performance. - Act as a trusted advisor to senior leadership by delivering insightful cost analyses and actionable recommendations. - Manage multiple priorities effectively, balancing short-term tactical needs with long-term strategic objectives. - Lead and influence cross-functional teams by fostering collaboration, clear communication, and alignment toward common cost reduction goals.

- Bachelor's degree in Engineering, Business, Finance, or related field; MBA or advanced degree preferred. - Minimum 7+ years of progressive experience in cost management, procurement, global sourcing, manufacturing cost estimation, or product cost analysis. - Extensive experience (5+ years) in supplier contract negotiation and cost control initiatives at a global scale. - Strong financial acumen and proficiency in advanced Excel modeling and data analysis tools. - Demonstrated ability to lead cross-functional teams and manage multi-million-dollar cost reduction projects. - Experience with global commodity markets, indices, and sourcing strategies is highly desirable. - Solid understanding of manufacturing processes, supply chain dynamics, and product cost drivers. - Excellent communication, organizational, and project management skills.

- Automotive industry experience is desired. - Ability to work independently in a fast-paced, team-oriented environment. - Strong analytical thinking, problem-solving, and decision-making skills. - Proactive leadership style with a focus on collaboration and driving measurable results.

- Typical office environment with moderate noise levels. - Reasonable accommodations will be made for individuals with disabilities.