Collins Aerospace, a leader in technologically advanced solutions in the aerospace and defense industry, is looking for a Senior Manager to oversee Product Cost Management. This role involves driving day-to-day operations, ensuring alignment between Finance and Supply Chain, and managing product cost standards while addressing external cost drivers.
Responsibilities:
- Serve as the primary liaison between Operations Finance and Supply Chain teams, ensuring alignment on in-year Purchase Price Variance (PPV) management and annual Standards Roll activities
- Facilitate regular communication and collaborative problem-solving between Finance and Supply Chain leadership to resolve cost-related discrepancies and conflicting priorities
- Develop and maintain shared cost performance dashboards and reporting that serve both Finance and Supply Chain stakeholder needs
- Drive alignment on quarterly and annual cost standard updates, ensuring consistency and accuracy across programs and commodities
- Own the day-to-day management and continuous improvement of the product cost standards setting process
- Establish and maintain governance frameworks, timelines, and quality control mechanisms for annual standards roll activities
- Identify process inefficiencies and bottlenecks; develop and implement improvements to enhance speed, accuracy, and stakeholder engagement
- Lead or co-lead the annual Long Range Plan (LRP) Product Cost process, ensuring alignment between demand forecasts and cost projections
- Support the development of cost forecasts that account for market trends, supplier dynamics, and internal cost drivers
- Interface between Finance and Supply Chain to identify and surface leading indicators of product cost risk and opportunity
- Monitor supplier performance, market conditions, and commodity cost trends to anticipate cost pressures
- Develop early warning metrics and dashboards that enable proactive cost management
- Support the evaluation of hedging strategies and cost mitigation approaches for identified risks
- Lead analysis of tariff impacts on product costs, supply chain, and sourcing strategy across programs and commodities
- Assess and quantify the financial impact of tariff changes, trade policy shifts, and regulatory developments
- Evaluate alternative sourcing and supply chain strategies to mitigate tariff exposure
- Monitor rare earth element (REE) and critical material price volatility; assess impact on product costs and supply chain risk
- Manage the mechanics and execution of annual Standards Roll activities, including communication, scheduling, and quality assurance
- Identify variances between standard and actual costs; investigate root causes and recommend corrective actions
Requirements:
- Typically requires a University Degree and minimum 10 years prior relevant experience or an Advanced Degree in a related field and minimum 7 years of experience
- 5+ years experience in cost accounting, financial analysis or supply chain management
- Experience working across functional teams (Finance, Supply Chain, Procurement, Operations) in a matrixed environment
- Experience with Excel, ERP systems, and financial modeling
- Experience from the aerospace industry
- Expedience in operations
- Bachelor's degree in Finance, Accounting, Supply Chain Management, Engineering, or related field
- Master's degree in Business Administration (MBA), Finance, Supply Chain Management, or related field
- Certification in Cost Accounting (CPA, CSCA) or Supply Chain Management (APICS, CSCP)
- Familiarity with tariff schedules, trade agreements, and customs regulations
- Knowledge of commodity cost drivers and supplier relationship management
- Six Sigma or Lean certification
- Experience with forecasting and planning tools and methodologies