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- Tasks: Lead product cost analysis and develop detailed cost models for global products.
- Company: Join Vertiv, a leader in innovative technology solutions.
- Benefits: Enjoy a senior role with high visibility and real impact on business decisions.
- Other info: Collaborative environment with opportunities for professional growth.
- Why this job: Make a difference by optimising product costs and driving profitability.
- Qualifications: 10-15 years in product costing; strong Excel and analytical skills required.
The predicted salary is between 60000 - 80000 ÂŁ 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
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.
Skills & Qualifications
- 10–15 years of experience in product costing, product management, cost engineering, or related roles within manufacturing or engineered products.
- Advanced proficiency in Microsoft Excel (complex formulas, pivot tables, cost models).
- Strong capability in Microsoft PowerPoint for executive‑level storytelling.
- Experience using Power BI for cost reporting and analytics.
- Working knowledge of ERP systems (SAP, Oracle, or similar).
- Strong analytical mindset with excellent attention to detail.
- Ability to communicate clearly and confidently with cross‑functional and senior stakeholders.
- Comfortable operating independently in a global, matrixed environment.
Preferred Qualifications
- Bachelor’s degree in Engineering, Finance, Supply Chain, Business, or a related discipline.
- Experience supporting global product portfolios and multi‑region manufacturing footprints.
- Exposure to pricing, margin management, or commercial decision support is a plus.
What We Offer
- A senior, hands‑on role with high visibility and real impact on product margins and business decisions.
- Opportunity to apply deep product cost expertise across complex, global product lines.
- Exposure to advanced costing tools, analytics, and global supply chain operations.
- A collaborative, fast‑paced environment where expertise and initiative are valued.
Work Authorization
No calls or agencies please. Vertiv 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, H‑1, H‑2, L, B, J, or TN or who need sponsorship for work authorization now or in the future, are not eligible for hire.
Equal Opportunity Employer
We promote equal opportunities for all with respect to hiring, terms of employment, mobility, training, compensation, and occupational health, without discrimination as to age, race, color, religion, creed, sex, pregnancy status (including childbirth, breastfeeding, or related medical conditions), marital status, sexual orientation, gender identity / expression (including transgender status or sexual stereotypes), genetic information, citizenship status, national origin, protected veteran status, political affiliation, or disability.
Global Product Costing Specialist in Redhill employer: Vertiv
Contact Detail:
Vertiv Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Global Product Costing Specialist in Redhill
✨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 that you can translate complex data into actionable insights!
✨Tip Number 3
Showcase your analytical skills! Bring examples of how you've identified cost optimisation opportunities in past roles. This will demonstrate your ability to drive margins and support pricing decisions, which is key for this position.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you're serious about joining our team at Vertiv.
We think you need these skills to ace Global Product Costing Specialist in Redhill
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to highlight your 10-15 years of experience in product costing and management. Use keywords from the job description to show that you’re a perfect fit for the Global Product Costing Specialist role.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're passionate about product costing and how your expertise can drive our business forward. Share specific examples of your past successes in cost analysis and collaboration with cross-functional teams.
Showcase Your Skills: Don’t forget to highlight your advanced Excel skills and experience with Power BI. We want to see how you’ve used these tools to create impactful cost models and insights in your previous roles.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity at Vertiv!
How to prepare for a job interview at Vertiv
✨Know Your Numbers
As a Global Product Costing Specialist, you'll need to demonstrate your expertise in product costing. Brush up on your knowledge of cost models, including material, labour, and overhead costs. Be ready to discuss specific examples from your past experience where you successfully managed product costs.
✨Showcase Cross-Functional Collaboration
This role requires strong collaboration with various teams. Prepare to share instances where you've worked closely with Product Management, Engineering, or Finance. Highlight how your contributions led to better cost insights or improved pricing decisions.
✨Master the Tools
Familiarise yourself with Microsoft Excel, PowerPoint, and Power BI, as these are crucial for this position. During the interview, mention any complex cost models you've built or analytics reports you've created. This will show that you're not just familiar with the tools but can leverage them effectively.
✨Communicate Clearly
You’ll need to convey complex cost data in a clear manner. Practice explaining your past projects or analyses in simple terms, focusing on the impact they had on profitability. This will demonstrate your ability to communicate effectively with senior stakeholders.