When you join Caterpillar, you're joining a global team who cares not just about the work we do - but also about each other. We are the makers, problem solvers, and future world builders who are creating stronger, more sustainable communities. We don't just talk about progress and innovation here - we make it happen, with our customers, where we work and live. Together, we are building a better world, so we can all enjoy living in it.
Caterpillar Inc. has an exciting opening for a Senior Cost Project Coordinator! This position will manage product cost targets and progress towards these targets across the Caterpillar Paving product line. This role will coordinate the improvement of the quarterly Product Cost Management (PCM) process by expanding sales model coverage, managing configurations on cost models, and setting targets by model and by facility.
This role will also coordinate total cost of ownership (TCO) and discounted cash flow (DCF) analysis to confirm cost reduction opportunities for Paving including new sourcing summaries by wave and by supplier.
What You Will Do:
Tracking cost progress according to program schedules and goals
Engaging in component sourcing projects to track and mange cost reduction progress.
Coordinate NPI cost roll-ups with the cost controllers and deliver them on a quarterly basis
Track capital, expensed tooling, and R&E budgets for cost reduction projects.
Manage the cost Line of Sight (LOS) Tool for Caterpillar Paving Products to reflect active and planned projects to deliver cost reduction through 2026.
What You Have (Basic Qualifications):
Degree requirement: 4 Year Degree in Accounting, Engineering or Business Disciplines is required.
Experience: Deep expertise in product development conducting financial analysis or cost management activities.
Data Gathering and Reporting: A Basic understanding of product cost inputs, accounting methodologies, and tracking metrics.
Data Gathering and Reporting : Experience conducting and/or analyzing discounted cashflow (DCF) and total cost of ownership (TCO) analysis
Top Candidates Will Have :
High level of verbal and written communication skills; an ability to see the big picture; the ability to prioritize and manage multiple projects concurrently with a diverse global team.
Experience with New Product Introduction (NPI) programs and understanding of the product development process including cost tracking and financial methodologies.
Experience with data analysis, manipulation, and relevant tools (Excel, PowerBi, Tableau, etc.).
Experience with MRP and cost tracking systems including accounting practices and how they apply to each facility.
Additional Info :
5-10% domestic and international travel is expected.
Domestic relocation is not available for those who qualify.
No ISE assignments
No visa sponsorship
Posting will close on December 31, 2024, and candidate outreach begin the 2nd week in January 2025.
What You Will Get:
Our goal at Caterpillar is for you to have a rewarding career. Our teams are critical to the success of our customers who build a better world.
Here you earn more than just a salary because we value your performance. We offer a total rewards package that provides day one benefits [medical, dental, vision, RX, and 401(k)] along with the potential of an annual bonus.
Additional benefits include paid vacation days and paid holidays (prorated based upon hire date).
About Caterpillar:
Caterpillar Inc. is the world's leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. For nearly 100 years, we've been helping customers build a better, more sustainable world and are committed and contributing to a reduced-carbon future. Our innovative products and services, backed by our global dealer network, provide exceptional value that helps customers succeed.
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Summary Pay Range: $95,640.00 - $143,520.00 Compensation and benefits offered may vary depending on multiple individualized factors, job level, market location, job-related knowledge, skills, individual performance and experience. Please note that salary is only one component of total compensation at Caterpillar.
Benefits:
Annual incentive bonus plan*
Medical, dental, and vision coverage
Paid time off plan (Vacation, Holiday, Volunteer, Etc.)
401k savings plan
Health savings account (HSA)
Flexible spending accounts (FSAs)
Disability benefits
Life Insurance
Parental leave
Healthy Lifestyle Programs
Employee Assistance Programs
Voluntary Benefits and Employee Discounts
Tuition Reimbursement
Career Development
*Subject to annual eligibility and incentive plan guidelines . Visa Sponsorship is not available for this position. This employer is not currently hiring foreign national applicants that require or will require sponsorship tied to a specific employer, such as, H, L, TN, F, J, E, O. As a global company, Caterpillar offers many job opportunities outside of the U.S which can be found through our employment website at www.caterpillar.com/careers. Posting Dates: December 9, 2024 - December 31, 2024 Any offer of employment is conditioned upon the successful completion of a drug screen.
EEO/AA Employer. All qualified individuals - Including minorities, females, veterans and individuals with disabilities - are encouraged to apply.