New Balance

Who We Are: 

Since 1906, New Balance has empowered people through sport and craftsmanship to create positive change in communities around the world. We innovate fearlessly, guided by our core values and driven by the belief that conventions were meant to be challenged. We foster a culture in which every associate feels welcomed and respected, where leaders and creatives are inspired to shape the world of tomorrow by taking bold action today. At New Balance, We Got Now.

JOB MISSION:

Develop and implement New Balance's apparel cost control procedures and policies to enhance organizational performance against key objectives, working to have strong alignment with footwear while staying authentic to the apparel business. Prepare product cost summaries, investigating products to establish manufacturing costs. Must be able to demonstrate a mastery of project management skills by driving the collaboration with Development, NBIL, Product Management, Finance, Vendor partners, along with extended teams keeping the entire value chain informed on key issues and potential risk to successfully deliver quality product at the right price. 

MAJOR ACCOUNTABILITIES:

• Responsible for costing management and analysis of all apparel from development through production, including the development, evolution and implementation of the short term and long-term strategic agenda with focus on improved financial margins. All while ensuring transparency of any financial risks and opportunities to internal partners.
• Optimizing profits by staying well-informed of industry best practices, including yield management and lean thinking, and leveraging them to develop and negotiate pricing frameworks and processes with key vendors. 
• Develop and deliver costing processes, tools, and training to Development Teams to enable and empower better decision making to increase margins. Conduct cost comparisons by gender, silhouette, COO to ensure optimal GM is achieved. 
• Collaborate with the Material and Strategic Sourcing teams on material costs and process improvements, providing seasonal volume projections to aid in negotiations and ensuring that updates are communicated in proper cadence with costing calendar deadlines.
• Collaborate with suppliers, seasonally working with them to ensure expectations are clear, processes are followed, and major deliverables are met. Negotiate and reconfirm MOQ/MCQ and NB Cost Standards as needed. Engages in vendor assessments specific to development deliverables, costing and overall quality of product. 

REQUIREMENTS FOR SUCCESS:

• BS in Finance, Accounting or Engineering. MS or MBA preferred and a minimum of 10 years of relevant experience in Costing, Apparel Development, Engineering, and/or Finance.
• Expert Excel user with practical knowledge of a variety of computer software applications in spreadsheets, database, word processing, and presentation software (MS Word, PowerPoint, Outlook). Must have the ability to learn and master new software, specifically PLM and Spotfire. 
• Strong understanding of product cost- skilled in all aspects of costing construction, product knowledge, business experience, and negotiation skills, resulting the ability to identify key cost drivers and keep management informed of potential impacts.
• A mastery of project management skills by coordinating tasks with the cross functional teams and vendors while keeping the entire team informed on key issues and ensuring all costing timelines are met.
• Models project leadership, a technical understanding and core values of Teamwork, Integrity, and Total Customer Satisfaction. Adapts to others behavior styles and listens to diverse perspectives to achieve the desired goals of the team.
• A Strong Communicator with ability for high impact presentations, both verbal and written.

Regular Associate Benefits 

Our products are only as good as the people we hire, so we make sure to hire the best and treat them accordingly. New Balance offers a comprehensive traditional benefits package including three options for medical insurance as well as dental, vision, life insurance and 401K. We also proudly offer a slate of more nontraditional perks – opportunities like online learning and development courses, tuition reimbursement, $100 monthly student loan support and various mentorship programs – that encourage our associates to grow personally as they develop professionally. You’ll also enjoy a yearly $1,000 lifestyle reimbursement, 4 weeks of vacations, 12 holidays and generous parental leave, because work-life balance is more than just a buzzword – it’s part of our culture.

Temporary associates are provided three options for medical insurance as well as dental and vision insurance and an associate discount.

Part time associates are provided 401k, short term disability, a yearly $300 lifestyle reimbursement and an associate discount.

Flexible Work Schedule

For decades we have fostered a unique culture founded on our values with a particular focus on in-person teamwork and collaboration. Our North American hybrid model encourages rich in-person experiences, showcasing our commitment to teamwork and connection, while maintaining flexibility for associates. New Balance Associates currently work in office three days per week (Tuesday, Wednesday, and Thursday). Our offices are fully open, and amenities are available across our North American office locations. To continue our focus on hybrid work we have introduced “Work from Anywhere” (WFA) for four weeks per calendar year. This model will help us enhance our culture while continuing to maintain elements of flexibility.

Equal Opportunity Employer

New Balance provides equal opportunities for all current and prospective associates and takes affirmative action to ensure that employment, training, compensation, transfer, promotion and other terms, conditions and privileges of employment are provided without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, handicap, genetic information and/or status as an Armed Forces service medal veteran, recently separated veteran, qualified disabled veteran or other protected veteran.