Product Cost Engineer

The Sustaining Product Cost Engineer (PCE) is the Single Threaded Leader (STL) for mass production (MP) product cost from Ramp through End of Life (EOL). As the voice of the product portfolio's financial health, the PCE is responsible for modeling and communicating the cost tradeoffs associated with MP product decisions and influencing these decisions to ensure Reality Labs (RL) is optimizing MP cost performance. The PCE is responsible for coordinating with cross functional Operations teams to develop cost optimization plans, drive execution, and subsequently report out plan updates and performance against targets at Leadership Reviews.

They will have a strong technical understanding of the product and combine this with a customer-centric mindset to engage with cross functional teams and challenge decisions. In collaboration with Sourcing and Hardware teams, the PCE will also own the supplier plan of record (SPOR) making updates as needed and identifying postmortem feedback for future generations. Candidates must be entrepreneurial, detail-oriented, execution-focused, and have a knowledge of Consumer Electronics BOM categories.

They must also have a strong technical understanding of the entire product portfolio, competitor products, and supplier technical capabilities. Crucially, they need to demonstrate exceptional stakeholder management skills and the ability to influence internal decision makers as well as the supplier base. PCEs must also be proactive and structured problem solvers that can manage multiple products in a dynamic, fast-paced environment.

Product Cost Engineer Responsibilities

• Responsible for setting and driving cross functional teams to meet BOM+MVA, CapEx, and OCOGS cost targets at the product and commodity level

Track actual costs versus targets and coordinate with cross functional stakeholders to develop cost optimization plans to close these gaps and achieve targets

Outline, report and track all program risks & opportunities related to product cost and execute to program completion

Lead cross-functional cost reviews to report out actual versus target cost, risks and opportunities, and cost optimization plan updates for each product

Work with both GSM and Engineering to drive updates to a product's SPOR as needed and identify postmortem feedback for the next related product's SPOR

Drive the supply chain and operations teams to provide detailed cost reduction forecasts that enable you to meet and exceed your product goals

Track CapEx actuals to budget and identify opportunities for CapEx reduction and reuse on future products

Minimum Qualifications

• BS or higher in Electrical Engineering, Mechanical Engineering, Manufacturing & Operations Engineering or equivalent experience

Experience in a product cost management role

Knowledge of product features/specifications, BOM cost categories, operations and supply chain

Cross-functional working experience to drive a program

Problem solving, analytical and communication experience

Proficiency in Microsoft Office suite: Word, PowerPoint, Excel and SQL

Experience navigating ambiguity in a fast-paced environment and prioritize multiple work threads to maximize impact

Preferred Qualifications

• Master's degree, MBA

Experience working with key commodity management or CM/ODM management

Knowledge in ERP and PLM tools

Experience in competitive analysis, should cost, and design to cost methodologies

Locations

About Meta

Meta builds technologies that help people connect, find communities, and grow businesses. When Facebook launched in 2004, it changed the way people connect.

Apps like Messenger, Instagram and WhatsApp further empowered billions around the world. Now, Meta is moving beyond 2D screens toward immersive experiences like augmented and virtual reality to help build the next evolution in social technology. People who choose to build their careers by building with us at Meta help shape a future that will take us beyond what digital connection makes possible today-beyond the constraints of screens, the limits of distance, and even the rules of physics.

Meta is committed to providing reasonable support (called accommodations) in our recruiting processes for candidates with disabilities, long term conditions, mental health conditions or sincerely held religious beliefs, or who are neurodivergent or require pregnancy-related support. If you need support, please reach out to accommodations-ext@fb.com.

$167,000/year to $230,000/year + bonus + equity + benefits

Individual compensation is determined by skills, qualifications, experience, and location. Compensation details listed in this posting reflect the base hourly rate, monthly rate, or annual salary only, and do not include bonus, equity or sales incentives, if applicable.

In addition to base compensation, Meta offers benefits. Learn more about benefits at Meta.