At a Glance
- Tasks: Lead product cost analysis and develop detailed cost models for global products.
- Company: Join Vertiv, a leader in critical infrastructure solutions.
- Benefits: Permanent role with competitive salary and opportunities for professional growth.
- Other info: On-site role in Redhill, UK with excellent career advancement potential.
- Why this job: Make a real impact on pricing and margin decisions in a dynamic environment.
- Qualifications: 10-15 years of experience in product costing and strong collaboration skills.
The predicted salary is between 60000 - 80000 € per year.
As a Global Product Costing Specialist, you will play a key individual contributor role within the Global Product Cost team, leveraging 10–15 years of experience in product cost and product management to drive accurate should cost models, support pricing and margin decisions, and enable design to cost and sourcing strategies. The Global Product Costing Specialist requires deep hands‑on expertise in product costing, strong cross‑functional collaboration, and the ability to translate complex cost data into clear business insights.
Location: Vertiv – Redhill, UK (On‑site role; no hybrid or WFH option available)
Duration: Permanent
About Us: Vertiv is a global leader in critical infrastructure solutions, delivering innovative products and services for data centers, communication networks, and industrial environments. We are seeking a highly experienced Global Product Costing Specialist to support cost transparency, margin improvement, and data driven decision making across our global product portfolio.
Key Responsibilities:
- Lead end‑to‑end product cost analysis for manufactured and sourced products across global factories.
- Develop, maintain, and validate detailed product cost models, including material, labor, overhead, logistics, and regional cost differences.
- Support new product introduction (NPI) by building cost estimates, validating targets, and tracking cost evolution through the development lifecycle.
- Partner closely with Product Management, Engineering, Procurement, Supply Chain, and Finance to ensure accurate and aligned cost data.
- Provide cost insights to support pricing decisions, business cases, and margin analysis.
- Identify and quantify cost‑out and cost optimization opportunities, including design‑to‑cost and value engineering initiatives.
- Monitor and explain product cost changes, including standard vs actual variances and their impact on profitability.
- Maintain and govern cost data within ERP systems and reporting tools, ensuring consistency and data integrity.
- Act as a subject‑matter expert for product costing, providing guidance and best practices across the organization.
Global Product Costing Specialist in Surrey employer: Vertiv Co
At Vertiv, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. Our Redhill location provides a unique opportunity to engage directly with cross-functional teams, ensuring your expertise in product costing translates into impactful business insights. With a commitment to employee growth, we provide ongoing training and development opportunities, making it an ideal place for professionals seeking meaningful and rewarding careers in a global leader in critical infrastructure solutions.
StudySmarter Expert Advice🤫
We think this is how you could land Global Product Costing Specialist in Surrey
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry and let them know you're on the hunt for a Global Product Costing Specialist role. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your product costing knowledge. Be ready to discuss your experience with cost models and how you've collaborated with cross-functional teams. We want to see you shine and show us how you can drive those accurate cost insights!
✨Tip Number 3
Don’t just apply anywhere; focus on roles that excite you! Check out our website for openings that match your skills and passion. Tailor your approach to each opportunity, highlighting your expertise in product costing and data-driven decision making.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Use this chance to reiterate your enthusiasm for the role and how you can contribute to the team’s success at Vertiv.
We think you need these skills to ace Global Product Costing Specialist in Surrey
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Global Product Costing Specialist role. Highlight your 10-15 years of experience in product costing and management, and don’t forget to showcase your cross-functional collaboration skills!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain how your expertise aligns with our needs at Vertiv. Be specific about how you can drive accurate cost models and support pricing decisions.
Showcase Your Analytical Skills:We love data-driven decision making! In your application, provide examples of how you've translated complex cost data into clear business insights. This will show us you’re the right fit for the role.
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the Global Product Costing Specialist position. We can’t wait to see what you bring to the table!
How to prepare for a job interview at Vertiv Co
✨Know Your Numbers
As a Global Product Costing Specialist, you'll need to demonstrate your expertise in product costing. Brush up on key metrics and be ready to discuss how you've developed cost models in the past. Prepare specific examples of how your analysis has influenced pricing or margin decisions.
✨Collaborate Like a Pro
This role requires strong cross-functional collaboration. Think about times when you've worked with teams like Product Management or Finance. Be prepared to share how you effectively communicated complex cost data to non-financial stakeholders and how that impacted decision-making.
✨Showcase Your Problem-Solving Skills
Expect questions about identifying cost optimisation opportunities. Prepare to discuss specific instances where you've successfully implemented design-to-cost strategies or value engineering initiatives. Highlight your analytical skills and how they led to tangible results.
✨Master the ERP Systems
Since maintaining cost data within ERP systems is crucial, make sure you're familiar with the tools mentioned in the job description. If you've used similar systems before, mention them and explain how you ensured data integrity and consistency in your previous roles.