Home
/
Comprehensive
/
Product Cost Engineer
Product Cost Engineer-March 2024
Sunnyvale
Mar 21, 2025
ABOUT META
We’re building a team as diverse as the communities and billions of people we serve every day. Our teammates don’t need to conform here. Lived experiences are an asset, and we value your unique perspe
10,000+ employees
Social Media, Technology
VIEW COMPANY PROFILE >>
About Product Cost Engineer

  Summary:

  Meta Platforms, Inc. (Meta), formerly known as Facebook, Inc., builds technologies that help connect, find communities, and grow businesses. When Facebook launched in 2004, it changed the way people connect. Apps and services like Messenger, Instagram, WhatsApp, and Novi further empowered billions around the world. Now, Meta is moving beyond 2D screens toward immersive experiences like augmented and virtual reality to help build the next evolution in social technology.Instructions on how to apply, click "Apply to Job" online on this web page.

  Required Skills:

  Product Cost Engineer Responsibilities:

  Establish management control systems and product cost targets early in a product conception.

  Capture, document, and communicate risks and opportunities, financial exposures, and outlay as it relates to products.

  Be involved throughout all stages of the product family's lifecycle to ensure all financial targets through end-of-life are achieved.

  Leverage strong technical understanding of the product and use this to engage with HW teams and challenge design decisions from a cost standpoint.

  Support monthly executive product line reviews outlining performance against budget, target and actual cost for BOM, MVA and CapEx.

  In collaboration with the GSM and HW teams, own the supplier plan of record (SPOR) in order to ensure supply chain alignment and team focus on cost targets.

  Define, develop, and implement analytical models to understand drivers for product cost across the supply chain.

  Track the program actual costs versus target to identify program deltas and corrective actions to bring back on track.

  Outline, report, and track all program risks and opportunities related to product cost and drive them to closure.

  Lead cross-functional cost reviews to report out actual versus target cost and risks and opportunities for each program.

  Responsible for understanding program objectives, coordinating activities across different cross functional teams, and ensuring adherence to overall schedule including negotiating any changes in requirements, and communicating those to stakeholders.

  Minimum Qualifications:

  Minimum Qualifications:

  Requires a Master’s degree in Industrial Engineering, Systems Engineering, Civil Engineering or a related field and three years of work experience in the job offered or in an engineering-related occupation. Requires three years of experience in the following:

  Integrate the financial flows with operational flows to gain an understanding of new product introduction (NPIs) cost helping evaluate efficiency of an investmentAnalyze & program manage NPIs to identify & drive product & supply chain cost reductionsDevelop and implement processes, tools, and models to enable analysis of manufacturing partners quotes against industry benchmarksUse technical expertise to drive engineering and supply chain teams to meet program cost targets at a product and commodity level for NPIsChallenge HW teams at a technical level enabling cost down efforts from a design standpointTrack program actual cost vs target throughout the development cycle to identify cost deltas and identify corrective actions to bring it back on trackWork with cross functional teams to create fiscal budget by program. Track & report actuals to budget & identify opportunities for cost reductionsClearly and confidently communicates with cross functional stakeholders and senior leadershipBuilds a strong community within the program through collaboration, identification and implementation of process improvements, and ad-hoc initiatives.Public Compensation:

  $201,880/year to $227,000/year + bonus + equity + benefits

  Industry: Internet

  Equal Opportunity:

  Meta is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics. We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law. Meta participates in the E-Verify program in certain locations, as required by law. Please note that Meta may leverage artificial intelligence and machine learning technologies in connection with applications for employment.

  Meta is committed to providing reasonable accommodations for candidates with disabilities in our recruiting process. If you need any assistance or accommodations due to a disability, please let us know at [email protected].

Comments
Welcome to zdrecruit comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
SIMILAR JOBS
Instructor - Clinical Medical Assistant (Part Time)
POSITION OVERVIEW: ProTrain is currently recruiting for an experienced Live Online instructor with experience teaching a Medical Assistant course. Candidates must have experience teaching in a classr
Software Engineer - Product (Technical Leadership)
Summary: We are the teams who create all of Facebook’s product used by more than 1.5 billion people around the world. Want to build new features and improve existing products like Commerce, Ads, Vide
Social Worker (Primary Care Mental Health Integration Collaborative Care Manager)
Summary The Social Work Primary Care Mental Health Integration Collaborative Care Manager (PCMHI CoCM) works for the Central Virginia VA Health Care System (CVHCS) and is a direct report to the Prima
Biomedical Technician I
About this role: As a Biomedical Technician with Fresenius Medical Care, you will maintain and repair medical and water treatment equipment within our kidney care clinics. You will also train and edu
HR Compliance Specialist
Description Robert Half is currently seeking a qualified individual to fill the role of HR Compliance Specialist with a growing HR department in a local organization. This vital role ensures a compan
Part Time School Bus Driver
Part Time School Bus Driver Location414 S 5th St Mound City, Kansas 66056 USPhone NumberCategoriesDriversReq IDJR776 Part Time School Bus Driver (Open) First for a reasonFirst Student is the largest
Merchandising Representative
Is this job for you? Do you believe in putting the customer first? Do you love to solve problems and create solutions? Do you love a physical job that will keep you busy? The Brick is actively seekin
Hotel Laundry Attendant
Req ID: 431597 Address: 13320 Ali Ghan Road NE Cumberland, MD, 21502 Welcome to Love’s! * * Where People are the Heart of Our Success * * Hotel Laundry Attendant Laundry Attendants are expected to ma
Cook - Wayne State University
Job Description Do you love to cook? Are you passionate about food? As a Cook on our team, you?ll help bring recipes to life while being able to flex your creativity! Surrounded by fresh ingredients
Test Production Associate 2nd Shift
Test Production Associate 2nd Shift Description Test Production Associate- 2 nd Shift Our culture believes in POWERING YOUR POTENTIAL . We provide global opportunities to develop your career, make yo
Copyright 2023-2025 - www.zdrecruit.com All Rights Reserved