Lead, Footwear Costing

Date: Feb 29, 2024

Location: Baltimore, MD, US, 21230

Company: Under Armour

Under Armour has one mission: to make you better. We have a commitment to innovation that lies at the heart of everything we do, not just for our athletes but also for our teammates. As a global organization, our teams around the world push boundaries and think beyond what is expected. Together our teammates are unified by our values and are grounded in our vision to inspire you with performance solutions you never knew you needed but can’t imagine living without.

Values & Innovation

At Under Armour, we are committed to empowering those who strive for more, and the company's values - Act Sustainably, Celebrate the Wins, Fight on Together, Love Athletes and Stand for Equality - serve as both a roadmap for our teams and the qualities expected of every teammate.

 

Our Values define and unite us, the beliefs that are the red thread that connects everyone at Under Armour. Our values are rallying cries, reminding us why we're here, and fueling everything we do.

 

Our pursuit of better begins with innovation and with our team's mission of being the best. With us, you get the freedom to go further - no matter your role. That means developing, delivering, and selling the state-of-the-art products and digital tools that make top performers even better.

 

If you are a current Under Armour teammate, apply to this position on the Internal Career Site Here. 

Purpose of Role

The Lead, Footwear Costing is responsible for maintaining current costing initiatives and supporting HQ and Asia costing leads to drive new and effective strategies to ensure UA is highly competitive in the marketplace.  This role will drive communication with Asia costing counterparts to effectively provide costing information with calendar timeline and partner with HQ development, engineer, and material team for costing suggestions. This role cooperates with product line manager to set up target FOB and ensure team follow the costing policy from product brief to final confirmation.

Your Impact

  • Leads pre-costing from production brief to commercialization to ensure all costing requirements are met
  • Work collaboratively cross functionally with Development, Marketing, Engineering, UA Sourcing/costing, and Factory Asian counterparts through product creation development process in order to maximize costing opportunities.
  • Lead and coordinate costing reviews at critical millstones to ensure alignment between development, product line manager for target FOB achievement 
  • Increase awareness and understanding for cost process within organization through effective communication and training if necessary.
  • Ensure costing standards, policies and & practices are shared, followed accurately from start to finish while following established timelines and calendars.
  • Embrace and support manufacturing excellence, concepts and successes across the Asia Footwear manufacturing platform
  • Lead and cooperate with product line manager to set product cost targets
  • Create margin report at each of milestone and analysis gaps. Ensure follow up with leaders, development and product line manager for any various vs target margin/FOBs.  
  • Compile detailed product cost estimates including identification of cost drivers, very good understanding of various manufacturing processes 
  • Facilitate and monitor Cost action plans and verify achievement of cost targets  
  • Lead and support final product cost 
  • Assist in the maintenance of a Centric BOM and CBD platform
  • Assist in the continuous improvement and maintenance of a global cost engineering process  
     

Qualifications

  • Knowledge of footwear development/costing make you an ideal candidate.
  • Ability to work both independently and cooperatively with a diverse group of people.
  • Strong financial expertise for managing/compiling/analyzing and communicating financial and costing related data
  • Passion, passion and more passion for delivering quality footwear.  
  • Bachelor’s degree or equivalent in a related field. 
  • 5+years of industry experience.
  • Prior experience in the sports footwear industry and overseas manufacturing.
  • Product costing experience
  • Strong presentation skills
  • Experience developing pricing strategies and an assortment mix that supports the Brand positioning
  • Team Player Attitude
     

Workplace Location

  • Location: This individual must reside within commuting distance from our Baltimore office.
  • Return to Work Designation: days week in-office, the remainder of work week remote. 

#LI-Hybrid 

Relocation

  • No relocation provided

 

Base Compensation

 

 $91,010.00 - $125,138.20 USD

Most new hires fall within this range and have the opportunity to earn more over time. Initial placement within the salary range, however, is based on an individual's relevant knowledge, skills and experience for the position. UA is committed to helping our teammates succeed and advance in their careers. Base salary is only one component of our competitive Total Rewards package.

Benefits & Perks

  • Paid "UA Give Back" Volunteer Days: Work alongside your team to support initiatives in your local community.
  • Under Armour Merchandise Discounts
  • Competitive 401(k) plan matching.  
  • Maternity and Parental Leave for eligible and FMLA-eligible teammates
  • Health & fitness benefits, discounts and resources- We offer teammates across the country programs to promote physical activity and overall well-being. 

 

Want more details about benefits? Visit our page here

Our Commitment to Diversity

At Under Armour, we are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and teammates without regard to race, color, religion or belief, sex, pregnancy (including childbirth, lactation and related medical conditions), national origin, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, family or paternal status and any other characteristic protected by applicable law. Under Armour believes that diversity and inclusion among our teammates is critical to our success as a global company, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. Accommodation is available for applicants with disabilities upon request.

At Under Armour, we are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and teammates without regard to race, color, religion, sex, pregnancy (including childbirth, lactation and related medical conditions), national origin, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, and any other characteristic protected by applicable law.  Under Armour believes that diversity and inclusion among our teammates is critical to our success as a global company, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. 


Nearest Major Market: Baltimore