Program Cost Manager
Elyria, OH, USA
- Lead development and ownership of should-cost and could-cost models for key commodities, suppliers, and product programs, including material, labor, overhead, and process assumptions.
- Partner with Strategic Sourcing to support supplier negotiations, RFQs, and contracting activities through fact-based cost analysis and total cost of ownership assessments.
- Identify cost drivers and improvement opportunities across the supply base, supporting cost-out initiatives, productivity improvements, and margin expansion.
- Collaborate with Engineering and Operations to validate process assumptions, manufacturing routings, and design-for-cost opportunities.
- Provide cost impact analysis for total cost of ownership on sourcing decisions, supplier changes, volume shifts, and engineering changes.
- Track and report cost performance versus targets, including variance analysis and recovery actions.
- Support make-versus-buy evaluations, supplier benchmarking, and clean-sheet costing exercises.
- Act as the sourcing cost authority for assigned programs, ensuring alignment between cost models, negotiated outcomes, and financial commitments.
- Contribute to continuous improvement of costing tools, methodologies, and sourcing analytics capabilities.
- Other duties as assigned.
Who you are:
You use financial analysis to generate, evaluate, and act on strategic options and opportunities. You push yourself and help others achieve results. You adjust communication content and style to meet the needs of diverse stakeholders.
- Bachelor’s degree in Engineering, Supply Chain, Finance, Business, or related field.
- 7+ years of experience in sourcing, cost engineering, manufacturing finance, or related roles within an industrial or manufacturing environment.
- Demonstrated expertise in should-cost methodology, clean-sheet costing, and supplier cost analysis.
- Strong understanding of manufacturing processes, materials, and operations cost structures.
- Proven ability to influence sourcing outcomes and negotiations through data-driven insights.
- Advanced analytical skills with proficiency in system-based cost modeling; ERP and sourcing system experience preferred.
- Strong communication skills with the ability to translate complex cost data into clear recommendations for senior leadership.
- Proven success in cross functional collaborative environments
- Periodic overnight travel of 10+% will be required
- Legal authorization to work in the United States - sponsorship will not be provided for this role.
We recognize the importance of employee wellbeing. We prioritize providing flexible, competitive benefits plans to meet you and your family’s physical, mental, financial, and social needs. We provide a variety of medical insurance plans, with dental and vision coverage, Employee Assistance Program, 401(k), tuition reimbursement, employee resource groups, recognition, and much more. Our culture offers flexible time off plans, including paid parental leave (maternal and paternal), vacation and holiday leave.
Learn more about our Culture & Values.
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Our Commitment to Our People
At Emerson, we are motivated by a spirit of collaboration that helps our diverse, multicultural teams across the world drive innovation that makes the world healthier, safer, smarter, and more sustainable. And we want you to join us in our bold aspiration.
We have built an engaged community of inquisitive, dedicated people who thrive knowing they are welcomed, trusted, celebrated, and empowered to solve the world’s most complex problems — for our customers, our communities, and the planet. You’ll contribute to this vital work while further developing your skills through our award-winning employee development programs. We are a proud corporate citizen in every city where we operate and are committed to our people, our communities, and the world at large. We take this responsibility seriously and strive to make a positive impact through every endeavor.
At Emerson, you’ll see firsthand that our people are at the center of everything we do. So, let’s go. Let’s think differently. Learn, collaborate, and grow. Seek opportunity. Push boundaries. Be empowered to make things better. Speed up to break through. Let’s go, together.
Work Authorization
Emerson will only employ those who are legally authorized to work in the United States. This is not a position for which sponsorship will be provided. Individuals with temporary visas such as E, F-1(including those with OPT or CPT) , H-1, H-2, L-1, B, J or TN, or who need sponsorship for work authorization now or in the future, are not eligible for hire.
Equal Opportunity Employer
Emerson is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to sex, race, color, religion, national origin, age, marital status, political affiliation, sexual orientation, gender identity, genetic information, disability or protected veteran status. We are committed to providing a workplace free of any discrimination or harassment.
Accessibility Assistance or Accommodation
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Emerson is a global leader in automation technology and software. Through our deep domain expertise and legacy of flawless execution, Emerson helps customers in critical industries like life sciences, energy, power and renewables, chemical and advanced factory automation operate more sustainably while improving productivity, energy security and reliability.
With global operations and a comprehensive portfolio of software and technology, we are helping companies implement digital transformation to measurably improve their operations, conserve valuable resources and enhance their safety.
We offer equitable opportunities, celebrate diversity, and embrace challenges with confidence that, together, we can make an impact across a broad spectrum of countries and industries. Whether you’re an established professional looking for a career change, an undergraduate student exploring possibilities, or a recent graduate with an advanced degree, you’ll find your chance to make a difference with Emerson. Join our team – let’s go!
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The Program Cost Manager is a senior-level individual contributor within the Sourcing organization, responsible for leading should-cost and could-cost modeling to inform sourcing strategies, supplier negotiations, and cost reduction initiatives across assigned product programs. This role serves as the primary cost subject matter expert for direct material spend to support manufacturing facilities enabling fact-based sourcing decisions and disciplined cost management throughout the product lifecycle. Partnering closely with Strategic Sourcing, Engineering, Operations, and Finance, the Program Cost Manager develops transparent cost models, identifies structural cost drivers, and translates cost insights into actionable negotiation strategies and savings opportunities. The role plays a critical leadership function in driving cost competitiveness, margin improvement, and supplier accountability.