Senior Manager, Cost Management

Job not on LinkedIn

🕒 July 29

🏢🏡 Atlanta – Hybrid

⏰ Full Time

🟠 Senior

👔 Manager

👻 Ghost score 38%

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Logo of Softcard (acquired by Google)

Softcard (acquired by Google)

WebsiteLinkedIn

201 - 500 employees

Founded 2012

💸 Finance

💳 Fintech

🛍️ eCommerce

Finance • Fintech • eCommerce

Softcard is a mobile commerce platform developed as a joint venture by AT&T Mobility, T-Mobile USA, and Verizon Wireless. It utilizes near field communication (NFC) technology to enable mobile payments, allowing consumers to shop, pay, and save conveniently through their mobile devices. With specialties in mobile payments, mobile wallets, and loyalty programs, Softcard aims to revolutionize the way consumers handle transactions and rewards programs, offering an enhanced and personalized experience with just a tap of their phone.

📋 Description

• 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.

🎯 Requirements

• 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.

🏖️ Benefits

• Reasonable accommodations will be made for individuals with disabilities.

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