Job SummaryWe are seeking an experienced Program Economic Manager to join our Vehicle Engineering & Program Management team.
In this remote position, you will serve as the primary financial and economic gatekeeper for large-scale vehicle development programs delivering to a major integral OEM.You will manage program profitability, track capital expenditure (CapEx) and operational investments, drive design-to-cost (DtC) strategies, and ensure strict alignment between engineering execution, commercial agreements, and overall program financial targets.Key Responsibilities1.
Program Financial & Economic ManagementMaintain and track the overall Program Business Case throughout all vehicle development milestones (from concept through Launch / SOP).
Monitor program P&L;, tracking revenue, engineering development costs (ED&T;), piece cost, tooling investments, and prototype expenditures against baseline targets.Perform monthly profitability variance analysis, identifying financial risks and opportunities to ensure margin targets are achieved.2.
Design-to-Cost (DtC) & Commercial AlignmentPartner with Product Development Engineers,
Design Release Engineers (DREs), and Sourcing/Purchasing teams to drive target costing and cost reduction initiatives.Evaluate the financial impact of Engineering Change Notices (ECNs/CNs), scope changes, and technical revisions; ensure all scope creep is commercially recovered from the customer.Manage commercial negotiations for design modifications, engineering revisions, and tooling adjustments in collaboration with Account Managers.3.
Investment & Tooling ControlTrack and approve Tool Kick-Off (TKO) requests, prototype tooling orders, and capital investments against the baseline budget.Oversee invoicing milestones and customer payment schedules related to engineering deliverables and tooling milestones.4.
Customer Interface & Milestone ReportingLead economic and financial reviews for internal executive leadership and customer program gateways (e.g., Gate Reviews, Target Agreement meetings).
Reconcile commercial differences between supplier cost models and OEM target pricing models.
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