Sr. Manager, Cost Management - IT Systems BU

The Senior Manager Business Unit Cost Management is responsible for establishing and leading the cost management strategy across the IT Systems Business Unit. This role will coordinate cost reduction, cost avoidance, value engineering, productivity, and margin improvement activities across all product lines within the business unit. Each product line will continue to retain its dedicated cost manager and sustaining engineering resources. The product-line cost managers will report directly within their respective product-line organizations and will have a dotted-line reporting relationship to this position. **Position Summary** The ***Senior Manager Business Unit Cost Management*** is responsible for establishing and leading the cost management strategy across the IT Systems Business Unit. This role will coordinate cost reduction, cost avoidance, value engineering, productivity, and margin improvement activities across all product lines within the business unit. Each product line will continue to retain its dedicated cost manager and sustaining engineering resources. The product-line cost managers will report directly within their respective product-line organizations and will have a dotted-line reporting relationship to this position. The primary objective of this role is to ensure that business-unit and product-line cost targets are clearly defined, supported by actionable plans, rigorously tracked, and consistently met or exceeded. **Responsibilities** Business Unit Cost Strategy - Develop and lead the overall cost management strategy for the IT Systems Business Unit. - Translate business-unit financial and margin objectives into specific cost reduction and productivity targets by product line, product family, and program. - Establish annual, quarterly, and multi-year cost roadmaps aligned with the business unit’s strategic and financial plans. - Identify cost improvement opportunities across product design, materials, suppliers, manufacturing, logistics, quality, warranty, and lifecycle support. - Ensure cost management priorities are aligned with product strategy, customer requirements, quality, reliability, and time-to-market objectives. Cost Target Ownership - Own the consolidated business-unit cost reduction and productivity plan. - Ensure that cost targets are allocated appropriately across product lines and supported by credible, time-phased execution plans. - Monitor performance against cost targets and identify gaps, risks, and recovery actions. - Drive corrective action when product lines are not on track to meet committed targets. - Challenge product-line teams to identify additional opportunities and exceed established cost commitments. - Ensure cost savings are validated, measurable, sustainable, and reflected in the appropriate financial reporting systems. Dotted-Line Leadership of Product-Line Cost Managers - Provide strategic direction, governance, tools, and operating standards to product-line cost managers. - Establish common expectations, processes, definitions, and performance metrics across all product lines. - Conduct regular operating reviews with product-line cost managers to assess progress, risks, opportunities, and resource requirements. - Coach and develop the product-line cost managers while respecting their direct reporting relationships within the product lines. - Facilitate sharing of best practices, supplier intelligence, cost models, benchmarking data, and successful cost reduction approaches across the business unit. - Support the recruitment, onboarding, development, and succession planning of cost management talent throughout the organization. - Provide input to product-line leadership regarding the performance and development of the dotted-line cost managers. Cross-Functional Leadership - Partner closely with product management, engineering, sustaining engineering, operations, supply chain, procurement, finance, quality, manufacturing, service, and commercial teams. - Ensure that cost c…