Cost Optimization Manager

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 Range

USD $98,400.00 - USD $139,000.00 /A

Bonus Eligibility

Role is eligible for 10% annual incentive provided the business meets financial goals and the individual meets their performance goals, subject to plan administration guidelines.