What will you do?
The Cost Engineer works as part of the product creation team to support the costing function throughout the development process. The primary focus of this role is to achieve overall margin goals for the brand through analytics, communication, and problem solving. Central to the costing process is a cross‑functional series of margin reviews tied to key milestones in the calendar. Success depends on organization, interdepartmental collaboration, and the ability to work well with sourcing offices in Asia.
Key Responsibilities
Set TFOBs by upper and tooling for each model every season; provide detailed target FOB ranges and estimated costs to product teams.
Lead the teardown of each CBD at each milestone with the triad; identify key cost drivers and find alternate solutions with the team.
Manage key calendar dates to optimize the overall costing timeline and calendar.
Prepare costing and margin data prior to key milestone product reviews; offer the triad a recap of cost savings and cost drivers, and next steps for margin improvement, if needed.
Gather and review cost breakdown sheets at multiple stages; audit component costs and prepare costing files.
Identify margin‑challenged styles, work with the team on solutions to improve margins, and support costing commentary for the Gate presentation.
Support final cost review and approval; build and upload files for costs to be loaded into SAP/PIR.
Build out costing tools and seasonal references; maintain organized file records in collaboration with the sourcing and development teams.
Partner with sourcing offices, materials, and operations on initial costing inputs; collaborate with design and merchandising teams throughout the product creation cycle to identify early margin challenges.
Support product teams in product reviews; understand cost drivers and find cost‑saving options as needed.
Work with the Finance team to prepare Gate costing commentary and financial target analysis.
What you need to succeed
Footwear background required.
Working knowledge of product creation and related timelines.
Competency in Microsoft Office applications with exceptional Excel skills.
Effective written, visual, and oral communications.
Exceptional organization with high attention to detail and accuracy.
Analytical skills to build and identify trends in cost and forecast data.
Strong skills in data management.
Ability to work well cross‑functionally.
Respect and urgency around deadlines and calendars.
Bachelor’s degree in a related field preferred.
Compensation and Benefits
Hiring Range: $69,120.00USD – $86,400.00USD annually. Incentive Potential: This position is eligible for additional compensation awards that may include annual incentive plans, sales incentives, or commission potential. Benefits at VF Corporation include medical plans, dental, vision, and other benefits; details will be provided during the hiring process.
Equal Employment Opportunity Statement
At VF, we value a diverse, inclusive workforce and we provide equal employment opportunity for all applicants and employees. All qualified applicants for employment will be considered without regard to an individual’s race, color, sex, gender identity, gender expression, religion, age, national origin or ancestry, citizenship, physical or mental disability, medical condition, family care status, marital status, domestic partner status, sexual orientation, genetic information, military or veteran status, or any other basis protected by federal, state or local laws. If you require accommodations during the application process, please contact us at peopleservices@vfc.com. VF will provide reasonable accommodations for qualified individuals to the extent required by applicable law.
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Altra: Footwear Costing Analyst
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- Job type:
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