Cost Engineer

2 weeks ago

Wayne, Pennsylvania, United States FXI Foamex Innovations Full time

Overview

Building our Future Together. FXI is a leading provider of comfort solutions to the Bedding, Furniture and Transportation markets. We have made it our mission to provide tailored solutions that delight our customers and consumers. We are an industry leader in the rapidly growing Mattress in a Box segment of the bedding market. We have created a "molecules to doorstep" business model that leverages our leading innovation, scale, and footprint to deliver our own brands as well as other leading brands to the market and to consumers doorsteps. With our corporate headquarters, high-tech research and development facility, and multiple manufacturing locations in North America, FXI has built a culture of innovation and achievement that is recognized by customers, suppliers, and peers. We provide one of the broadest sets of comfort solutions to the broadest set of industry players, through the broadest manufacturing platform in the industry. You will find FXI's comfort technologies inside countless applications you encounter every day. Everywhere comfort is needed, FXI's innovations lead the way We are always looking for best-in-class talent to join our innovative, fun, and value-driven culture. What are you waiting for?

Job Purpose

The Cost Standards Engineer will support the costing process at FXI through creating, maintaining, and updating the product costing standards across the organization. The selected individual will work cross-functionally to ensure product costing standards are in place across the organization, which ultimately, will ensure alignment, accuracy, and efficiency.

Responsibilities

  • Ensure Product Costing Standards are in place and up to date across the organization
  • Support and ensure alignment with plant budgeted standards (plant cost/forecasted sales)
  • Work and align cross functionally with operations and engineering on effect of proposed changes and coordinate with FP&A
  • Support the quoting team in developing accurate standards for new capital and layouts and workflow within the plants
  • Coordinate and help develop efficiency metrics within and across the plants
  • Drive for efficiency, alignment, and accuracy across the plants
  • Analyze variations from standards and ensure root causes are identified and improvements are in place
  • Perform fixed and variable cost analysis for both operations and overhead within and across the plants
  • Drive best practice sharing across the plants
  • Other duties as required
Key Attributes
  • Excellent written and verbal communication skills - Ability to communicate at all levels of the organization
  • Innovative-inquisitive, challenges status quo
  • Highly analytical with ability to challenge respectfully
  • Strong prioritization and project management skills
  • Cultural alignment - unwavering ethical standards; drives excellence and innately collaborative
  • Comfort and experience with complex, large, and heavily matrixed organizations

Qualifications

  • BA / BS Mechanical, Quality, or Industrial Engineering
  • 4 plus years extensive manufacturing cost accounting experience
  • Lean manufacturing/green belt certification
  • Experience with SAP, Hyperion, Essbase, Power BI, MS Office Suite (Excel and PowerPoint)
  • Ability to perform daily analytics, auditing, diagnosis, and coordination of cost accounting standards across plants
  • Ability to drive and reinforce cost accounting standards
  • Ability to conduct time studies and translate findings cost savings
  • Create MRP capacity planning models across plants
  • Ability to identify, communicate and collaborate plant shop floor differences and successes
  • Extensive experience working collaboratively with teams and a wide range of stakeholders
  • Up to 30% travel

Key words

LI-Hybrid #LI-JM1

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