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Cost Optimization Jobs (NOW HIRING)

Our client, a large fashion retail company, is looking for a Cost Optimization Analyst to join their team! This will be a hybrid role working out of their office in Midtown Manhattan. The successful ...

ASML is seeking a Cost Optimization Analyst - FinOps to join their Digital Foundation Solutions Cloud Center of Excellence team. This role focuses on enhancing business value through efficient cloud ...

We are seeking a Cost Optimization Analyst - FinOps to join our Digital Foundation Solutions Cloud Center of Excellence (CCoE) US team. This role is pivotal in enhancing business value by ensuring ...

As Maintenance Cost Optimization Manager , you will implement cost-effective strategies for equipment reliability, maintenance practices and site capabilities across our manufacturing network. This ...

As Maintenance Cost Optimization Manager , you will implement cost-effective strategies for equipment reliability, maintenance practices and site capabilities across our manufacturing network. This ...

As Maintenance Cost Optimization Manager , you will implement cost-effective strategies for equipment reliability, maintenance practices and site capabilities across our manufacturing network. This ...

As Maintenance Cost Optimization Manager , you will implement cost-effective strategies for equipment reliability, maintenance practices and site capabilities across our manufacturing network. This ...

As Maintenance Cost Optimization Manager , you will implement cost-effective strategies for equipment reliability, maintenance practices and site capabilities across our manufacturing network. This ...

As Maintenance Cost Optimization Manager , you will implement cost-effective strategies for equipment reliability, maintenance practices and site capabilities across our manufacturing network. This ...

As Maintenance Cost Optimization Manager , you will implement cost-effective strategies for equipment reliability, maintenance practices and site capabilities across our manufacturing network. This ...

As Maintenance Cost Optimization Manager , you will implement cost-effective strategies for equipment reliability, maintenance practices and site capabilities across our manufacturing network. This ...

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Cost Optimization information

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$45.5K

$97K

$139.5K

How much do cost optimization jobs pay per year?

As of Jul 25, 2026, the average yearly pay for cost optimization in the United States is $97,048.00, according to ZipRecruiter salary data. Most workers in this role earn between $81,000.00 and $114,000.00 per year, depending on experience, location, and employer.

What does an optimization specialist do?

An optimization specialist analyzes business processes, systems, or resources to improve efficiency and reduce costs. They use data analysis, modeling tools, and industry best practices to identify areas for improvement and implement strategies that enhance performance and profitability.

What are the key skills and qualifications needed to thrive in the Cost Optimization position, and why are they important?

To thrive in Cost Optimization, you need strong analytical skills, business acumen, and a background in finance, operations, or supply chain management. Familiarity with data analysis tools such as Excel, SQL, ERP systems, and certifications like Six Sigma or Lean Management are often valuable. Attention to detail, effective communication, and problem-solving abilities help professionals stand out in this role. These skills are crucial for identifying savings opportunities, collaborating with stakeholders, and implementing sustainable cost-saving initiatives.

What are the typical daily responsibilities of a Cost Optimization professional?

A Cost Optimization professional typically spends their day analyzing spending patterns, evaluating operational processes, and identifying areas for efficiency improvement across departments. They collaborate closely with teams in finance, procurement, and operations to implement cost-saving strategies and monitor progress. The role often includes preparing reports, presenting findings to management, and ensuring cost reduction initiatives align with company goals. This dynamic position offers the opportunity to make a significant impact on the organization's financial performance while working in a collaborative, results-driven environment.

What is a Cost Optimization job?

A Cost Optimization job focuses on analyzing and improving a company's spending to maximize efficiency and reduce waste. Professionals in this role assess business operations, procurement, and financial strategies to identify cost-saving opportunities. They work closely with various departments to implement best practices, streamline processes, and negotiate better terms with suppliers. The goal is to ensure that resources are allocated effectively while maintaining quality and performance.

What jobs in the US pay 300,000 a year?

In the field of cost optimization, senior roles such as Director of Cost Management, Financial Director, or Chief Financial Officer often have salaries reaching or exceeding $300,000 annually, especially with extensive experience and certifications like CPA or CFA. These positions typically require strong analytical skills, strategic planning, and leadership in managing large budgets or financial operations.

What degree do you need to be a cost analyst?

A cost analyst typically needs a bachelor's degree in finance, accounting, economics, or a related field. Some employers prefer candidates with a master's degree or professional certifications like the Certified Management Accountant (CMA) or Certified Cost Estimator/Analyst (CCE/A). Strong analytical skills and proficiency with spreadsheets and data analysis tools are also important.

What is the work of cost optimization?

Cost optimization involves analyzing and reducing expenses to improve financial efficiency within an organization. Professionals in this field identify cost-saving opportunities, optimize resource allocation, and implement strategies to maximize value while maintaining quality. Skills in data analysis, financial modeling, and familiarity with cost management tools are often essential.
More about Cost Optimization jobs
What cities are hiring for Cost Optimization jobs? Cities with the most Cost Optimization job openings:
What are the most commonly searched types of Cost Optimization jobs? The most popular types of Cost Optimization jobs are:
What states have the most Cost Optimization jobs? States with the most job openings for Cost Optimization jobs include:
What job categories do people searching Cost Optimization jobs look for? The top searched job categories for Cost Optimization jobs are:
Infographic showing various Cost Optimization job openings in the United States as of July 2026, with employment types broken down into 1% As Needed, 88% Full Time, 8% Part Time, and 3% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $97,048 per year, or $46.7 per hour.
Cost Optimization Manager

Cost Optimization Manager

Reynolds Consumer Products

Lake Forest, IL • On-site

Full-time

Posted 5 days ago


Reynolds Consumer Products rating

6.5

Company rating: 6.5 out of 10

Based on 21 frontline employees who took The Breakroom Quiz


Job description

Overview

Join Reynolds Consumer Products...and Drive Your Career across a world of opportunities! We are passionate about achieving results and have fun winning as a team!

Join Reynolds Consumer Products...and Drive Your Career across a world of opportunities!  We currently have an opportunity for a Cost Optimization Manager at our corporate headquarters in Lake Forest, IL.

Responsibilities

Your Role:

The Cost Optimization Manager leads the development, implementation, and continuous improvement of cost optimization routines across the organization. This role is responsible for identifying cost-saving opportunities, establishing standardized performance routines, and embedding sustainable cost discipline within business operations. The Manager partners cross-functionally with operations, supply chain, finance, and engineering teams to ensure that cost optimization initiatives deliver measurable financial impact and align with strategic business goals.

You will have the opportunity to Make Great Things Happen!

Cost Optimization & Value Creation

  • Identify, evaluate, and lead cost reduction initiatives across manufacturing, supply chain, procurement, engineering, and operations.
  • Develop and maintain a robust pipeline of cost-saving opportunities that deliver measurable financial impact.
  • Analyze manufacturing costs, spending trends, and operational performance to uncover improvement opportunities.
  • Establish processes for tracking, validating, and reporting cost savings and productivity gains.

Process Standardization & Continuous Improvement

  • Drive standardization of processes, procedures, and best practices across plants and functional teams.
  • Promote Lean manufacturing, Six Sigma, and other operational excellence methodologies to improve efficiency and consistency.
  • Ensure disciplined execution and governance of cost optimization programs.

Financial Analysis & Business Partnership

  • Provide financial leadership and insight into manufacturing operations, including cost structures, product profitability, labor efficiency, overhead management, and capital investments.
  • Partner with Finance, Operations, Engineering, Procurement, and Supply Chain teams to align cost optimization strategies with business goals.
  • Develop business cases, financial models, and ROI analyses to support strategic decisions and investment opportunities.
  • Monitor key performance indicators (KPIs) and recommend corrective actions to achieve financial objectives.

Leadership & Stakeholder Engagement

  • Influence and engage cross-functional teams to drive organizational alignment and accountability.
  • Facilitate workshops, reviews, and governance meetings to prioritize initiatives and track progress.
  • Build a culture of cost awareness, operational discipline, and continuous improvement throughout the organization.
  • Communicate project status, risks, achievements, and financial results to senior leadership.
Qualifications

We need you to have:

  • Bachelor degree in Finance, Business, Engineering, or related field.
  • 7+ years of experience in cost management, operations finance, or continuous improvement leadership roles.
  • Proven experience leading cost-reduction or productivity improvement initiatives in a multi-site organization.
  • Up to 25% travel required.
  • Strong analytical and financial modeling skills.
  • Proficiency in ERP and analytics tools (SAP, Power BI, Tableau, Excel).
  • Knowledge of manufacturing cost structures, supply chain, and productivity metrics.
  • Familiarity with standard work and performance management systems.
  • Strong business acumen and strategic thinking.
  • Excellent communication and influencing skills across all levels.
  • Results-oriented with a focus on measurable outcomes.
  • Collaborative leadership and ability to drive cultural change.
  • High attention to detail with strong project management discipline.

Icing on the cake:

  • MBA preferred.
  • Experience with Lean, Six Sigma, or operational excellence programs (certification preferred).

Want to know more? Check out our website or connect with us on LinkedIn!

Apply today to join a fast-growing innovative company!

Not a good fit but know someone who is? Please refer them!

Local candidates only, no relocation assistance available

Join Reynolds Consumer Products and Drive Your Career across a world of opportunities!

For applicants or employees who are disabled or require a reasonable accommodation for any part of the application or hiring process, you may request assistance by emailing us at Recruitment@ReynoldsBrands.com.

No recruiter calls or emails please.

RCP affords equal employment opportunities to applicants without regard to race, color, religion, age, disability status, sex, marital status, protected veteran status, pregnancy, national origin, genetics, genetic information, parental status, or any other characteristic protected by federal, state or local law. RCP conforms to the spirit as well as to the letter of all applicable laws and regulations.

Posted Salary RangeUSD $98,400.00 - USD $139,000.00 /ABonus EligibilityRole is eligible for 10% annual incentive provided the business meets financial goals and the individual meets their performance goals, subject to plan administration guidelines.Employment Type: FULL_TIME

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