Product Cost Engineer
4 weeks ago
Meta Reality Labs is seeking a highly skilled Product Cost Engineer to join our team. As a Product Cost Engineer, you will play a critical role in managing the financial health of our products from early ideation to end-of-life.
Key Responsibilities:- Support cross-functional teams in active reporting and management of Total Cost per Unit, including Materials, Capital Expenditures, Manufacturing Value Add (MVA), Warranty, Freight, and others.
- Develop cost models to support cost and product category boundary decisions.
- Use cost models to drive supply chain and scalability strategies.
- Collaborate with Hardware teams to identify and drive cost reduction opportunities.
- Track program actual costs versus targets to identify deltas and develop corrective actions to bring costs back on track.
- Lead cross-functional cost reviews to report actual versus target costs and risks and opportunities for your program.
- Actively participate in cross-functional reviews to understand cost implications of operational, engineering, and/or process changes.
- Work with Sourcing and Engineering to align on supplier strategy to ensure low cost and stable supply.
- BS or higher in Electrical Engineering, Mechanical Engineering, Manufacturing & Operations Engineering, or equivalent experience.
- 5+ years of experience in product cost management roles in hardware technology products.
- Knowledge of Operations and Supply Chain with demonstrated effective communication skills.
- Experience adjusting to different communication styles and balancing non-cost variables.
- Experience working with suppliers with diverse cultural and geographic backgrounds.
- Problem-solving, analytical, and communication skills.
- Master's degree, MBA.
- 8+ years of experience in product cost management roles in hardware technology products.
- Background in Finance, Sourcing, or Engineering.
$134,000/year to $196,000/year + bonus + equity + benefits.
Meta is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
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