Technical Cost Reduction Specialist (Hybrid)

Technical Cost Reduction Specialist

Joining Collins Aerospace isn't just about finding a job; it's about embarking on a journey to redefine the future of aerospace technology.

The Supplier Designed Equipment (SDE) team is looking for a Technical Cost Reduction Specialist. This position, in alignment with business strategy, develops and executes opportunities to enhance product profitability and ensure financial goals are met by working with the supply base to identify ways to reduce cost in hardware supplied by the supply base. The Cost Reduction Specialist guides program performance including project execution, financial goals, risk management, schedules, and additional contractual commitments.

The Cost Reduction Specialist advises senior management and customers of the status of business objectives through briefing packages, financial and program reviews. They collaborate with leaders from the Value Stream, Operations, Supply Chain and Engineering to foster a culture of Cost reduction idea generation and change.

This is a hybrid role located in Windsor Locks, CT. Candidates must be a commutable distance from the site. Ratio of time working onsite will be determined in partnership with your leader.

What You Will Do

• Collaborate with leaders from Engineering, Value Stream, Operations, Supply Chain and Finance to define program financial objectives and product cost targets.
• Work closely with the Engineering Functional Leads to develop strategies, business cases and program plans including schedule and funding requirements.
• Lead teams through project execution to realize opportunities, resolve roadblocks, identify risks and establish mitigation plans.
• Manage Cost reduction projects and schedule execution through Earned Value Reviews
• Organize and support program reviews, team meetings and various other regular business reviews.
• Develop and communicate cost status reports for products and programs, ensure accuracy in annual cost standards.
• Target maximum product profitability and ensure financial goals are met.
• Inspire and support idea generation and questioning the status quo.
• Travel 10%

Qualifications You Must Have

Qualifications We Prefer

What We Offer

Some of our competitive benefits package includes :

We make modern flight possible for millions of travelers and our military every second. Our major product lines are on-board virtually every aircraft flying. Be it keeping passengers safe with our emergency power generation systems or creating a positive in-flight experience through reliable cabin pressure controls and quieter engines, Power & Controls focuses on delivering a best-in-class experience to our customers. We hire the top people in the industry. Their ideas drive our performance, and their integrity keeps our customers happy. Join us as we take flight!

Hybrid : Employees who are working in Hybrid roles will work regularly both onsite and offsite. Ratio of time working onsite will be determined in partnership with your leader.

Regardless of your role type, collaboration and innovation are critical to our business and all employees will have access to digital tools so they can work with colleagues around the world and access to Collins sites when their work requires in-person meetings.

Apply now and be part of the team that's redefining aerospace, every day.

The salary range for this role is 82,000 USD - 164,000 USD. The salary range provided is a good faith estimate representative of all experience levels. RTX considers several factors when extending an offer, including but not limited to, the role, function and associated responsibilities, a candidate's work experience, location, education / training, and key skills. Hired applicants may be eligible for benefits, including but not limited to, medical, dental, vision, life insurance, short-term disability, long-term disability, 401(k) match, flexible spending accounts, flexible work schedules, employee assistance program, Employee Scholar Program, parental leave, paid time off, and holidays. Specific benefits are dependent upon the specific business unit as well as whether or not the position is covered by a collective-bargaining agreement. Hired applicants may be eligible for annual short-term and / or long-term incentive compensation programs depending on the level of the position and whether or not it is covered by a collective-bargaining agreement. Payments under these annual programs are not guaranteed and are dependent upon a variety of factors including, but not limited to, individual performance, business unit performance, and / or the company's performance. This role is a U.S.-based role. If the successful candidate resides in a U.S. territory, the appropriate pay structure and benefits will apply. RTX anticipates the application window closing approximately 40 days from the date the notice was posted. However, factors such as candidate flow and business necessity may require RTX to shorten or extend the application window.

RTX is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or veteran status, or any other applicable state or federal protected class. RTX provides affirmative action in employment for qualified Individuals with a Disability and Protected Veterans in compliance with Section 503 of the Rehabilitation Act and the Vietnam Era Veterans' Readjustment Assistance Act.