Technical Cost Reduction Manager

3 weeks ago

Windsor Locks, United States Collins Aerospace Full time

**Date Posted**:
2023-11-13
**Country**:
United States of America
**Location**:
01: Building 01 Windsor Locks One Hamilton Road, Windsor Locks, CT, 06096 USA
**Position Role Type**:
Hybrid
The Technical Cost Reduction Manager, Cost Lead, in alignment with business strategy, develops and executes opportunities to enhance product profitability and ensure financial goals are met. The Cost Reduction Manager guides program performance including project execution, financial goals, risk management, schedules, and additional contractual commitments.

The Cost Reduction Manager advises senior management and customers of the status of business objectives through briefing packages, financial and program reviews. They collaborate with leaders from the Value Stream, Operations, Supply Chain and Engineering to foster a culture of Cost reduction idea generation and change.

**Eligible for relocation**

**Primary Responsibilities**:

- Collaborate with leaders from the Engineering, Value Stream, Operations, Supply Chain and Finance to define program financial objectives and product cost targets.
- Work closely with the Engineering Functional Leads to develop strategies, business cases and program plans including schedule and funding requirements.
- Lead teams through project execution to realize opportunities, resolve roadblocks, identify risks and establish mitigation plans.
- Manage Cost reduction projects and schedule execution through Earned Value Reviews
- Organize and support program reviews, team meetings and various other regular business reviews.
- Develop and communicate cost status reports for products and programs, ensure accuracy in annual cost standards.
- Target maximum product profitability and ensure financial goals are met.
- Inspire and support idea generation and questioning the status quo.
- Travel 10%

**Qualifications/Experience Needed**:

- Typically requires a degree in Science, Technology, Engineering or Mathematics (STEM) unless prohibited by local laws/regulations and minimum 8 years prior relevant experience **or** **an Advanced Degree in a related field and minimum 5 years of experience **or** in absence of a degree, 12 years of relevant experience
- U.S. citizenship is required, as only U.S. citizens are authorized to access the financial management system due to government contractual requirements.

**Preferred Qualifications**:

- Experience navigating competing priorities, delivering the highest level of engagement, and delivering successful outcomes in critical situations.
- Earned Value Management experience.
- Experience developing strategies and business cases

Collins Aerospace, an RTX company, is a leader in technologically advanced and intelligent solutions for the global aerospace and defense industry. Collins Aerospace has the capabilities, comprehensive portfolio, and expertise to solve customers’ toughest challenges and to meet the demands of a rapidly evolving global market.

We make modern flight possible for millions of travelers and our military every second. Our major product lines are on-board virtually every aircraft flying. Be it keeping passengers safe with our emergency power generation systems or creating a positive in flight experience through reliable cabin pressure controls and quieter engines, Power & Controls focuses on delivering a best-in-class experience to our customers. We hire the top people in the industry. Their ideas drive our performance, and their integrity keeps our customers happy. Join us as we take flight

**#reempowerprogram**

This role is also eligible for the Re-Empower Program. The Re-Empower Program helps support talented and committed professionals as they rebuild their capabilities, enhance leadership skills, and continue their professional journey. Over the course of the 14-week program, experienced professionals will gain paid, on-the-job experience, have an opportunity to participate in sessions with leadership, develop personalized plans for success and receive coaching to guide their return-to-work experience. Upon completion of the program, based on performance and contributions participants will be eligible for a career at RTX.

**Minimum Program Qualifications**
- Have prior experience in functional area of interest
- Have interest in returning in either a full-time or part-time position

**Diversity drives innovation; inclusion drives success**. We believe a multitude of approaches and ideas enable us to deliver the best results for our workforce, workplace, and customers. We are committed to fostering a culture where all employees can share their passions and ideas so we can tackle the toughest challenges in our industry and pave new paths to limitless possibility.

**WE ARE REDEFINING AEROSPACE.**Hybrid**: Employees who are working in Hybrid roles will work regularly both onsite and offsite. Ratio of time working onsite will be determined in partnership with your leader.

Regardless of your role type, collaboration and innova

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