Senior Cost Strategist

Experienced Cost Strategist to partner with our Engineering and Product Development teams in driving cost optimization and financial discipline throughout the New Product Introduction (NPI) and New Product Development (NPD) lifecycle. The ideal candidate will have a strong background in financial management, cost modeling, and engineering processes, with a proven track record of supporting complex product development initiatives. This role will be instrumental in developing and implementing Return on Cost (ROC) models, tracking periodic project costs, and ensuring alignment with business objectives.

NATURE & SCOPE : Please explain how the job fits into the organisation and how it relates to other functions, both internal and external. (please tick ( √ )one from each category for the role)

Independence

What degree of independence does this role operate with

Receives instructions, guidance, and direction.

Receives moderate level of guidance and direction.

Works independently, receiving minimal guidance.

Works independently, receiving guidance only in very complex situations.

Knowledge

What is the knowledge requirement of the role

Requires conceptual knowledge in own job discipline.

Requires expanded conceptual knowledge in own job discipline.

Requires in-depth conceptual and practical knowledge in own job discipline and basic knowledge of related job disciplines (subject matter expert)

Requires specialized depth and / or breadth of expertise in own job discipline and expanded knowledge of related job disciplines.

Problem Solving

What problems does the role solve

Solve standard problems; analyzes information and uses existing procedures or standard practices to make judgments.

Solves straightforward problems; analyzes possible solutions using technical experience and judgment and precedents.

Solves complex problems; takes a new perspective on existing solutions; exercises judgment based on the analysis of multiple sources of information.

Leads others to solve complex problems; use sophisticated analytical thought to exercise judgement and identify innovative solutions.

Communication

How is the role required to communicate

Exchanges straightforward information asks questions and checks for understanding.

Explains complex information to others in straightforward situations.

Explains difficult or sensitive information; works to build consensus (influence others to agree)

Communicates difficult concepts and negotiates with others to adopt a different point of view (negotiate with others)

Leadership

How does this role lead self / others (Note : leading projects does not equate to people management)

Accountable for own contributions

Accountable for own contributions and provides informal guidance to new team members.

Resources for less experienced team members; may lead small projects with manageable risk / lower complexity.

Resource for less experienced team members may lead medium / large projects with moderate risk / higher complexity.

We Don't Just Build The World, We Build Innovative Technology Too.

Joining the Stanley Black & Decker team means working in an innovative, tech-driven and highly collaborative team environment supported by over 58,000 professionals in 60 countries across the globe. Here, you'll get the unique chance to impact some of the world's most iconic brands including STANLEY TOOLS, DEWALT, CRAFTSMAN, MAC TOOLS and Black + Decker. Your ideas and solutions have the potential to reach millions of customers as we work together to write the next chapter in our history. Come build with us and take your career to new heights.

Who We Are

We're the World's largest tool company. We're industry visionaries. We're solving problems and advancing the manufacturing trade through innovative technology and our Industry 4.0 Initiative. We are committed to ensuring our state-of-the-art 'smart factory' products and services provide greater quality to our customers & greater environmental and social value to our planet. We are unique in that we have a rich and storied history dating back to 1843, but that hasn't stopped us from evolving into a vibrant, diverse, global growth company.

Global Benefits & Perks

You'll be rewarded with a competitive salary plus receive entitlements and benefits unique to your country of hire.

What You'll Also Get

Career Opportunity : Career paths aren't linear here. Being part of our global company with 60+ brands gives you the chance to grow and develop your skills along multiple career paths.

Learning & Development :

Our lifelong learning philosophy means you'll have access to a wealth of state-of-the-art learning resources, including our Lean Academy and online university (where you can get certificates and specializations from renowned colleges and universities).

Diverse & Inclusive Culture :

We pride ourselves on being an awesome place to work. We respect and embrace differences because that's how the best work gets done. You'll find we like to have fun here, too.

Purpose-Driven Company :

You'll help us continue to make positive changes in the local communities where we work and live as well as in the broader world through volunteerism, giving back and sustainable business practices.

Skills Required

Financial Management