Manager of Product Costing

at  Skechers USA Inc II

Manages and maintains pre-cost and production costing for costing department, in a support function of multiple product divisions (i.e.: Athletic, Casual, Performance, etc.). Works closely with Merchandisers/Technicians/Product Managers/Factories to develop production costing that meets target division margins and meets company requirements. Work closely with Asia Costing to support the entire product development pre-cost and production costing process.

ESSENTIAL JOB REQUIREMENTS-

• Communicate with factories the direction on costing, ensure factory partners understand cost structure needed to stay competitive in the market.
• Become point person in specific product division(s) for material costing, tooling/amortization costs, HTS/duty codes, sourcing questions, cost comparisons to existing styles, cost component breakdown (CCB) analysis, etc.
• Skilled/experienced in IMU/margin calculations and able to calculate target FOB to hit specific margin requirements (based on provided Wholesale, Duty, Target Margin, Freight).
• Able to analyze and digest material % breakdowns, FOB’s, country of origin, construction types (lace-up, slip-on, etc.) to narrow down duty rates for specific shoes.
• Understand LOP and how to calculate; form relationships and comparisons of LOP across different footwear types and across our different factories (core factories vs. agent factories).
• Footwear product costing knowledge related to upper costs, lining costs, bottom costs:
• Upper material usage
• Basic upper material costs (commodity leather, meshes, engineered knits/meshes)
• Bottom Costs (EVA, RB, TPU part costs)
• Communicate with Product Manager/Merchandiser the cost to ensure setting a right target wholesale, while acting as a bridge to factory.
• Works closely with Designer/Materials & Colorists/Technicians to develop cost effective bottoms/uppers and communicate suggestions and/or solutions to drive efficient development and increase IMU.
• Manage Daily Production Cost confirmation.
• Assists Product Manager/Merchandiser on duty question and Duty Engineering.
• Work closely and lead Asia team to maintain System’s FOB and Pre-cost.
• Work closely and lead Asia Team / Factory to input development Costing, obtain Cost Break Down if needed.
• Work closely and lead Asia Costing Manager/Analyst to study/digest new process cost at factory level.

JOB REQUIREMENTS-

• Ability to multi-task.
• Excellent communicator and team player.
• Great Negotiator/Compromiser.
• Manage/generate margin reports, analysis, ad hoc Excel.
• Able to analyze complex margin reports, cost component breakdowns, materialization breakdowns, production pair reports.

EDUCATION AND EXPERIENCE-

• Education: Degree Preferred or equivalent work experience.
• 5+ years of experience in footwear industry; preferred development and/or costing experience.
• Computer Applications, Excel skill is mandatory.
  The pay range for this position is $80,000-$100,000.

ADDITIONAL RESPONSIBILITIES-

• Monitor Raw Material Price Trend.
• Monitor Exchange Rate.
• Assist special project if needed.