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  • The North Face: Costing Manager

    VF Corporation (Denver, CO)



    Apply Now

    Now that you’ve found the job description, what’s next?

     

    At The North Face we dare to lead the world forward through Exploration. We were born to Explore, Disrupt and to Lead. We were born to Love Wild Places and to Spark Curiosity. We believe that exploration is a mindset - both on the mountain and off the mountain - and it infuses everything we do. As a community of explorers, we stay curious about new ideas, places, and people.

     

    So, before we get to the job details, take a minute to learn a little more about us – our values and our culture. If you can see yourself working side-by-side with a team of adventure-loving people, The North Face just may be the place for you.

     

    To learn more about our values and our culture, visit The North Face Careers (https://www.thenorthface.com/en-us/about-us/careers) or www.thenorthface.com (https://www.thenorthface.com/en-us) .

     

    What will you do?

     

    A day in the life of a Development Costing Manager – Global Apparel at The North Face looks a little like this.

    + Set Seasonal Development Cost Targets: Provide pre-concept material and FOB targets leveraging historical data analytics aligned to seasonal & future financial targets. This involves collaboration with Planning, Finance, Product Management, Materials, Design & Sourcing to estimate the costs involved in developing and producing new seasonal developments.

    + Adherence to Development FOB: Confirm FOB targets during the pre-cost & initial allocation stage. Be the active spokesperson to ensure all cross-functional partners adhere to fabric, and material costs to achieve the target. Partner with regional Costing teams to ensure negotiated labor & overhead support in season and growth strategies for new developments. Be transparent at every development milestone of FOB & margin as well as provide technical costing expertise that permits teams to design into profitable product.

    + Sourcing: Collaborate with Sourcing to ensure allocation strategies achieve margin maximization. This includes being the liaison between Merchant teams & Sourcing teams to present seasonal Brief & providing context for strategic initiatives. It involves sharing projected forecasts, style development needs & regional costing expectations so that Sourcing can determine appropriate Vendor allocation that will support regional financial & volume/capacity investment goals & product execution needs.

    + Financial Analysis: Analyze cost data, market trends, and industry benchmarks to develop accurate cost estimates and projections. Identify areas for cost savings and efficiency improvements on all new & carryover developments

    + Global Costing Management: Manage the entire development costing process pre-concept to bulk buy for multiple seasons for all regions. Ensure that cost targets align with strategic objectives & are favorable for global adoption. Support definition of product costing performance as well as the framework & KPIs that measure success. Provide final costing in time to support cross-functional deliverables. Develop costing tools and/or support development or enhancement of systems and tools to ensure teams are continuously seeking ways to improve margins

    + Team Collaboration: This person will work closely and collaboratively with Global Product teams, Category Planning, Supply Chain, Global/Regional Planning teams, GTM and Finance departments to gather relevant data and insights required for accurate costing. This can include implementing the strategy and the execution plan to achieve brand strategies, financial, pricing and distribution goals. It will also involve partnerships with Sourcing teams to understand supplier costs and ensure Brand needs are communicated to support the negotiation of favorable terms

    + Reporting: Maintain detailed records of cost estimates (pre-cost tool). Provide transparent costing/margin documentation for immediate teams and leadership for business decision-making & planning. Ad hoc reporting and special projects, primarily related to understanding product costs, factory output, and the enhancement of financial performance

    + Risk Assessment: Identify potential cost-related risks and work with stakeholders to mitigate them. Anticipate challenges that could impact the accuracy of cost estimates. Collaborate to identify risks and opportunities throughout the line and GTM process

    + Continuous Improvement: Continuously refine and enhance costing methodologies and tools based on feedback, changing market conditions, and industry best practices. Proactively seek ways to communicate complex data in a format agreeable for various audiences

    + Active Participant in Development Decisions: May recommend materials and construction techniques that meet will allow garments to meet or exceed gross margin targets

    + Achieve Global & Regional Margin Goals: Ensure Global and Regional product merchandising targets by product category and classification align with financial and brand strategies. This will be done through partnership with Global Pricing and Profitability & Finance teams to track progress against targets to achieve global and regional revenue & margin goals. Working closely with Planning, Pricing & Profitability, PM, Materials, and Merchandising to identify opportunities to improve the margin on new and carryover products, ensuring costs are in line with critical path, from predictive through to latest factory quoted costs

     

    What do you need to succeed?

     

    We all have unique skills that we bring to work and celebrate every day. For this role, there are foundation skills you’ll need to succeed and excel. Additionally, while formal education in a related field is great to have, we are most interested in your 5+ years of professional experience in product development, pricing, costing, merchandise planning, forecasting, or buying.

    The foundation skills you will need in this position are:

    + Technical Knowledge: Familiarity with the industry, product development processes, and manufacturing methods to accurately assess cost factors.

    + Financial Acumen: Strong understanding of financial principles, cost accounting, and budgeting techniques.

    + Analytical Skills: Ability to gather, analyze, and interpret data to make informed cost estimates and projections.

    + Computer/Software Applications: Microsoft Office Suite - very strong Excel skills required

    + Attention to Detail: Thoroughness in collecting and validating data, as small errors in estimation can lead to significant cost discrepancies.

    + Communication: Excellent interpersonal and communication skills to collaborate effectively with cross-functional teams and present cost estimates to stakeholders. Communicate strategic direction - organize well, set a clear and simple course of action

    + Project Management: Proficiency in managing multiple projects simultaneously (i.e. managing multi seasonal development), adhering to deadlines, and ensuring proper resource allocation.

    + Business Acumen: Proven ability to work with and lead a cross-functional team. Able to address challenges to guide practical and meaningful change in the business

    + High Process Orientation: Can identify opportunities and transform ways of working across groups & is efficient with time management

    + Flexibility with Availability: Ability to work some flexible hours because of varying time zones and regions

    + Travel Requirements: Willingness to travel as needed, including internationally

     

    What do we offer you?

     

    At The North Face, we know you expect as much from us as we do from you. That is why we make a commitment to support and grow our people. We offer extensive development and growth opportunities for your current and future positions, a competitive compensation package, and a strong benefits package that includes medical, dental, vision, and 401(k).

     

    Our commitment extends beyond this and into your daily work life. We strive to foster a diverse and inclusive culture based on respect, connection, and authenticity. Our focus on DEI is at the foundation of who we are and what we do.

     

    To learn more about The North Face’s benefits package, follow this MyVFBenefits.com (https://www4.benefitsolver.com/benefits/BenefitSolverView?page\_name=signon&co\_num=30716&co\_affid=vfcorp) and click “Looking to Join VF”.

     

    To learn more about The North Face’s Diversity and Inclusion efforts, go to www.thenorthface.com.

     

    Now WE have a question for YOU.

     

    Are you in?

    Hiring Range** **:

    $101,952.00 USD - $127,440.00 USD annually

     

    **Incentive Potential** : This position is eligible for additional compensation awards that may include an annual incentive plan, sales incentive, or commission potential. Specific details of the additional compensation eligibility for this position will be provided during the recruiting and interview process.

    **Benefits at VF Corporation** : You can review a general overview of each benefit program offered, including this year's medical plan rates on www.MyVFbenefits.com and by clicking **Looking to Join VF?** Detailed information on your benefits will be provided during the hiring process.

     

    _P_** **_lease note, our hiring ranges are determined and built from market pay data. In determining the specific compensation for this position, we comply with all local, state, and federal laws._

     

    _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 are unable to submit your application because of incompatible assistive technology or a disability, please contact us at_ [email protected]_ _. VF will reasonably accommodate qualified individuals with disabilities to the extent required by applicable law._

     

    _Pursuant to all applicable local Fair Chance Ordinance requirements, including but not limited to the San Francisco Fair Chance Ordinance, VF will consider for employment qualified applicants with arrest and conviction records._

    VF Diversity Vision Statement

    VF is committed to creating an inclusive environment that welcomes and values the differences among all of our associates, customers, suppliers and the communities in which we live and conduct business. The continued success and growth of VF is enhanced through initiatives that promote diversity throughout VF around the world.VF is an equal employment opportunity/ affirmative action employer of minorities, females, protected veterans and the disabled. VF is committed to providing equal opportunities in employment, and treating our VF associates and VF applicants without discrimination on the basis of their race, color, gender, age, national origin, religion, sexual orientation, gender identity or expression, marital status, citizenship, disability, protected veteran status, HIV/AIDS status, or any other legally protected factor.

     


    Apply Now



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