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Cost Reduction Manager Jobs in Virginia (NOW HIRING)

Black Bear Talent

Cost Accounting Manager

Staunton, VA

$75K - $90K/yr

... cost reduction • Monitoring inventory levels and completing month-end reconciliations • ... or Accounting Manager role within a manufacturing environment. • Advanced proficiency in ...

Heven AeroTech

Cost Accounting Manager

Winchester, VA · On-site

$92K - $120K/yr

Cost Accounting Manager Company: Heven AeroTech Location: Winchester, Virginia FLSA: Exempt About ... cost reduction initiatives. * Prepare cost reports, dashboards, and ad hoc financial analyses for ...

Heven AeroTech

Cost Accounting Manager

Winchester, VA

$92K - $120K/yr

Cost Accounting Manager Company: Heven AeroTech Location: Winchester, Virginia FLSA: Exempt About ... cost reduction initiatives. * Prepare cost reports, dashboards, and ad hoc financial analyses for ...

Heven AeroTech

Cost Accounting Manager

Winchester, VA

$92K - $120K/yr

Cost Accounting Manager Company: Heven AeroTech Location: Winchester, Virginia FLSA: Exempt About ... cost reduction initiatives. * Prepare cost reports, dashboards, and ad hoc financial analyses for ...

Cesna Recruitment

Cost Financial Analyst

Reston, VA

... reduction projects. Conducts ad hoc analyses and projects to support business management decisions Lead monthly G&A meetings with cost center owners to provide a clear understanding of results ...

Cesna Recruitment

Cost Financial Analyst

Reston, VA · On-site

... cost reduction projects. · Conducts ad hoc analyses and projects to support business management decisions · Lead monthly G&A meetings with cost center owners to provide a clear understanding of ...

Black Bear Talent

Senior Cost Accountant

Staunton, VA

$65K - $80K/yr

... for cost reduction and efficiency improvements • Monitor and reconcile inventory balances ... manage large data sets • In-depth understanding of cost accounting methodologies and best ...

Black Bear Talent

Senior Cost Accountant

Staunton, VA

$65K - $80K/yr

... cost reduction and efficiency improvements Monitor and reconcile inventory balances, ensuring ... and manage large data sets In-depth understanding of cost accounting methodologies and best ...

N-C

Manufacturing Engineering Manager

Virginia Beach, VA · On-site

$97K - $121K/yr

The manager oversees engineering resources, capital equipment planning, and cost reduction ... Drives cost reduction and efficiency improvements through process optimization, tooling ...

Amazon

Senior Financial Analyst, NACF

Arlington, VA

$98K - $122K/yr

Collect, analyze and manage quantitative data and create meaningful reports to lead business improvement and defect cost reduction strategy. Perform root cause analysis to uncover core issues using ...

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Cost Reduction Manager information

What is the highest paying managerial job?

The highest paying managerial roles are often executive positions such as Chief Executive Officer (CEO), Chief Financial Officer (CFO), or Chief Operating Officer (COO), with salaries frequently exceeding several hundred thousand dollars annually. In some industries like finance, technology, and healthcare, senior executives with extensive experience and advanced degrees can earn multi-million dollar compensation packages, including bonuses and stock options.

What is cost reduction management?

Cost reduction management is a process used by professionals, such as Cost Reduction Managers, to identify and implement strategies that lower expenses and improve efficiency within an organization. It involves analyzing operational costs, negotiating with suppliers, and applying tools like data analysis and process improvement techniques to achieve sustainable savings.

What jobs make $1,000,000 a year?

In the context of a Cost Reduction Manager, earning $1,000,000 annually is uncommon and typically associated with executive-level roles such as Chief Executive Officers, Chief Financial Officers, or other C-suite positions in large corporations. These roles often require extensive experience, advanced degrees, and leadership skills, and compensation may include base salary, bonuses, and stock options. Most managerial roles, including cost management positions, have lower salary ranges, with top executives reaching or exceeding the million-dollar mark in large organizations.

What does a Cost Reduction Manager do?

A Cost Reduction Manager is responsible for identifying and implementing strategies to reduce expenses and improve efficiency within an organization. They analyze financial data, review operational processes, and collaborate with various departments to find cost-saving opportunities without compromising quality or productivity. Their goal is to help the company achieve financial targets by optimizing resources, renegotiating contracts, and streamlining operations. They also monitor the results of cost-saving initiatives and report on their effectiveness to senior management.

What are the key skills and qualifications needed to thrive as a Cost Reduction Manager, and why are they important?

To excel as a Cost Reduction Manager, you need strong analytical skills, financial acumen, and experience in process improvement, often supported by a degree in finance, business, or engineering. Familiarity with cost analysis software, ERP systems, and certifications like Six Sigma or Lean Management are highly valuable. Excellent communication, problem-solving abilities, and stakeholder management skills help drive cost-saving initiatives and foster cross-departmental collaboration. These capabilities are crucial for identifying savings opportunities, implementing effective strategies, and ensuring the organization's financial health.

What jobs make $3,000 a day?

High-level executive roles such as CEOs, CFOs, and certain specialized consultants can earn $3,000 or more per day, especially in large corporations or consulting firms. Additionally, some highly experienced project managers, investment bankers, and legal professionals working on major deals may reach this level of daily income, often requiring advanced skills, certifications, and extensive experience.

How does a Cost Reduction Manager typically collaborate with different departments to achieve savings goals?

A Cost Reduction Manager works closely with departments such as procurement, operations, finance, and supply chain to identify cost-saving opportunities and implement efficiency measures. They often lead cross-functional teams to analyze spending patterns, negotiate with vendors, and streamline processes. Regular meetings, data sharing, and clear communication are crucial for aligning departmental goals and ensuring that cost reduction initiatives do not negatively impact product quality or customer satisfaction. This collaborative approach not only drives savings but also fosters a culture of continuous improvement across the organization.
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Cost Reduction Manager jobs near you
North America Resiliency and Cost Driver & Project Manager - Cost Optimization

North America Resiliency and Cost Driver & Project Manager - Cost Optimization

TE Connectivity

Hampton, VA • On-site

$93K - $116K/yr

Full-time

Medical, Life, Retirement, PTO

Posted 26 days ago

TE Connectivity rating

7.5

Company rating: 7.5 out of 10

Based on 71 frontline employees who took The Breakroom Quiz

88th of 156 rated electronics manufacturers

Job description

Job Title: North America Resiliency and Cost Driver & Project Manager - Cost Optimization
Posting Start Date: 6/30/26
At TE, you will unleash your potential working with people from diverse backgrounds and industries to create a safer, sustainable and more connected world.
Job Description:
Job Overview
TE Connectivity is seeking a highly analytical and execution-focused Cost Driver & Project Manager to lead and deliver cost reduction initiatives across our the region you're hired in. This role will identify, prioritize, and execute cross-functional cost optimization opportunities while driving measurable bottom-line impact.
You will partner with Engineering, Procurement, Manufacturing, Finance, Quality and Supply Chain teams to systematically reduce product and operational costs without compromising quality, delivery, or innovation.
Key Responsibilities
Cost Reduction Strategy & Execution
  • Identify, evaluate, and prioritize cost-down opportunities across products, materials, logistics, and processes
  • Lead structured cost reduction projects from ideation through implementation and tracking
  • Drive Value Engineering (VE) and Design-to-Cost (DtC) initiatives
  • Develop and execute cost roadmaps aligned with business targets
  • Supply Resiliency projects that reduce escalations and improve operational efficiency

Other Key Job Requirements
Project & Program Management
  • Manage multiple cost optimization projects simultaneously, ensuring timelines, deliverables, and savings targets are achieved
  • Comply with project governance, milestones, and reporting cadence
  • Use data-driven methods to track cost savings and ROI
  • Establish structured tracking mechanisms for all cost optimization initiatives
  • Deliver regular updates (weekly/monthly) to management with clear insights and status

Cross-Functional Leadership
  • Collaborate closely with:
    • Procurement (supplier negotiations, resourcing)
    • Engineering (design changes, material alternatives)
    • Manufacturing (process improvements, automation)
    • Finance (validation of savings, forecasting impacts)
    • Supplier Quality Engineering (quality and standards requirements)
    • Supply Chain (alignment, supplier communications, ERP updates)
    • Customer (alignment, change management)
  • Facilitate workshops or alignment meetings to drive consensus and progress
  • Act as the central coordinator to ensure smooth communication and execution
  • Influence stakeholders without direct authority to drive alignment and execution

Cost Modeling & Analysis
  • Build and maintain detailed cost models (BOM, conversion cost, logistics)
  • Perform should-cost analysis and benchmarking
  • Analyze cost drivers and identify key levers for optimization

Supplier & External Engagement
  • Support supplier cost reduction initiatives and negotiations
  • Evaluate alternative suppliers, materials, and technologies
  • Drive cost transparency across the supply base

What your background should look like
Qualifications & Experience
Required
  • 5+ years of experience in:
    • Cost reduction / cost engineering / sourcing / operations
    • Project or program management
  • Proven track record of delivering measurable cost savings
  • Strong analytical and financial acumen
  • Experience with cross-functional collaboration in a manufacturing environment

Preferred
  • Lean, Six Sigma, or continuous improvement certification
  • ERP (SAP) and cost modeling tools experience
  • PMP certification or equivalent

#LI-REMOTE #TANADC
Competencies
Values: Integrity, Accountability, Inclusion, Innovation, Teamwork
COMPENSATION
• Competitive base salary commensurate with experience: $93,200 - $116,400 (subject to change dependent on physical location)
• Posted salary ranges are made in good faith. TE Connectivity reserves the right to adjust ranges depending on the experience/qualification of the selected candidate as well as internal and external equity.
• Total Compensation = Base Salary + Incentive(s) + Benefits
BENEFITS
• A comprehensive benefits package including health insurance, 401(k), disability, life insurance, employee stock purchase plan, paid time off and voluntary benefits.
EOE, Including Disability/Vets
IMPORTANT NOTICE REGARDING RECRUITMENT FRAUD
TE Connectivity has become aware of fraudulent recruitment activities being conducted by individuals or organizations falsely claiming to represent TE Connectivity. Please be advised that TE Connectivity never requests payment or fees from job applicants at any stage of the recruitment process. All legitimate job openings are posted exclusively on our official careers website at te.com/careers, and all email communications from our recruitment team will come only from actual email addresses ending in @te.com. If you receive any suspicious communications, we strongly advise you not to engage or provide any personal information, and to report the incident to your local authorities.
Job Locations:
Posting City: Hampton
Job Country: United States
Travel Required: Less than 10%
Requisition ID: 154313
Workplace Type: Remote
External Careers Page: Procurement

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