Product Costing Manager, Product Development

2 weeks ago


Brisbane, Australia Tritium Full time

Help create products for the rapidly expanding EV industry
- Excellent opportunity to diversify and develop experience
- Fast track your career working with industry leaders

**About Tritium**
Founded in 2001, Tritium (NASDAQ: DCFC) designs and manufactures proprietary hardware and software to create advanced and reliable DC fast chargers for electric vehicles. Tritium’s compact and robust chargers are designed to look great on Main Street and thrive in harsh conditions, through technology engineered to be easy to install, own, and use. Tritium is focused on continuous innovation in support of our customers around the world.

**About the role**
The Product Costing Manager reports to the Vice President, Product Development and is based in Murarrie, Brisbane.

As a Product Costing Manager for the Product Development Team, you will play a key role in driving the commercial success of new products and innovations.

You will collaborate closely with cross-functional teams, including product development, marketing, sales, and finance, to ensure successful commercialization and market adoption of new products. Your primary responsibility will be to develop and execute commercial strategies that maximize revenue growth and profitability.

The Product Costing Manager is a vital role within the product development team, responsible for overseeing and managing the commercial aspects of projects from inception to completion. This position requires strong business acumen, innate knowledge of product cost breakdown, contract management expertise, and the ability to effectively collaborate with various stakeholders. You will be responsible for ensuring commercial success, profitability, and adherence to contractual obligations.

**Key responsibilities for this role include, but are not limited to**:

- Product Cost Strategy: Develop and implement the product costing strategy for both the product & the project, aligned with the overall project goals and objectives. Collaborate with the project team to identify potential risks, opportunities, and mitigation strategies.
- Contract Management: Lead the contract management process, including drafting, negotiating, and reviewing contracts with clients, subcontractors, and vendors. Ensure compliance with legal and regulatory requirements, and manage contract modifications, variations, and claims.
- Financial Analysis: Establish and maintain project financials, including base product unit cost/part cost, cost control, and revenue forecasting in line with agreed margin/minimum hurdle rates.
- Analyze financial data to identify trends, variances, and areas for improvement. Take into consideration future potential cost variances and plan accordingly. Provide regular financial reports to project stakeholders, highlighting key metrics and insights.
- Risk Management: Identify and mitigate commercial risks throughout the project lifecycle. Conduct risk assessments, develop risk mitigation plans, and implement strategies to minimize potential financial and contractual risks.
- Stakeholder Management: Build and maintain strong relationships with project stakeholders, including clients, subcontractors, suppliers, and regulatory bodies. Effectively communicate with stakeholders to ensure their expectations are met and address any commercial issues that arise.
- Change Management: Assess and manage change requests, variations, and scope creep. Evaluate the impact of changes on project costs, timelines, and contractual obligations. Collaborate with the project team to implement appropriate change management processes.
- Claims Management: Identify and manage any contractual claims, disputes, or potential breaches. Liaise with legal counsel, if required, to resolve issues and protect the project's commercial interests. Prepare and submit claims in accordance with contractual requirements.
- Performance Monitoring: Monitor project performance against commercial targets, milestones, and key performance indicators (KPIs). Implement performance tracking mechanisms and develop action plans to address any deviations or challenges.
- Support the negotiation and agreement of commercial matters including new contracts and contract amendments, and developing pricing based on past agreements and targeted gross margin.
- Develop an in-depth understanding of the Projects and monitor progress to key milestones proactively advising of non-compliance or divergence.
- Deliver transaction processes across the delivery of the Product Development programs, including the preparation and assurance of associated commercial, contract and budget documentation.
- Provide ad hoc advice to the relevant Director in relation to commercial issues.
- Foster a culture based on good governance, commitment to excellence and a high standard of professional ethics ensuring that any interaction with the delivery team operates in an environment based on high transparency, open communication, consultation and trust.
- Prepare int


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