Director Costing
Ottoint.wd3.careers
Apply to this jobIn Otto International, It starts with us; Our outstanding products and services are made possible by our most valuable resource: our people. It is their skills, passion, and precision that empower our excellent, customer-centric solutions.
How will you make a difference?
Strategic Cost Management
Lead the development and execution of cost management strategies across product categories and sourcing regions.
Define and implement cost frameworks, methodologies, and governance models to ensure consistency and transparency.
Cost Structure Development & Analysis
Oversee the creation and validation of detailed cost breakdowns for products and materials.
Analyze cost drivers and identify opportunities for cost optimization and value engineering.
Cross-Functional Collaboration
Partner with sourcing, product development, finance, and operations teams to align cost expectations with business goals.
Support supplier negotiations with cost insights and benchmarking data.
Supplier Cost Transparency
Drive cost transparency initiatives with suppliers, including should-cost modeling and open-book costing.
Benchmark supplier costs across geographies and tiers to identify best-value sourcing options.
Forecasting & Scenario Planning
Model cost impacts of raw material fluctuations, labor rates, tariffs, and logistics changes.
Provide cost forecasts and insights to support budgeting, pricing, and strategic planning.
Continuous Improvement & Innovation
Identify and drive cost-saving initiatives through process improvements, alternative sourcing strategies, and material substitutions.
Promote a culture of cost awareness and continuous improvement across the organization.
Reporting & Compliance
Ensure accurate and timely reporting of costing data to senior leadership.
Maintain compliance with internal policies and external regulations related to cost management.
Who we are looking for?
Bachelor's or Master’s degree in Supply Chain Management, Finance, Business Administration, or a related field.
10+ years of experience in cost management or financial planning in the apparel industry.
Strong leadership and strategic thinking skills.
Proficiency in financial modeling and ERP systems/costing systems.
Financial acumen: Strong grasp of budgeting, forecasting, and margin analysis.
Excellent communication and Sr. stakeholder management abilities.
Deep understanding of cost modeling and analysis, cost drivers in manufacturing and sourcing.
Strategic sourcing: Ability to evaluate suppliers and negotiate cost-effective contracts.
Data analytics: Skilled in Excel, Power BI, or other analytical tools.
Why work with us?
Collaborative, fun and challenging work environment.
Open, transparent and diverse culture with locations worldwide.
Double-pay, performance bonus, flexible working hours.
Full healthcare insurance coverage.
All data provided by applicants will be treated in strict confidence and used solely for recruitment purposes.
Summary
Lead cost strategies, analysis, supplier collaboration, forecasting, and continuous improvement in apparel industry.
Job title
Director Costing
Experience level
10+ years
Industry
retail
Location requirements
Hong Kong, remote work not specified
Salary
Not specified
Visa sponsorship
H-1B sponsor history
Management role
Yes
Required skills
Preferred skills
Specializations
Structured locations inferred from the posting.
Hong Kong