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Cost-Out Manager - ES EMEA

Hiring from
Hungary
Work type
Hybrid
Posted
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Join Eaton, a global leader where equality and inclusivity are at the heart of our mission. Here, everyone is valued and belongs. Be part of a team that delivers cutting-edge, energy-efficient solutions, making a tangible impact on the world. We empower our customers to manage electrical, hydraulic, and mechanical energy more effectively, safely, and sustainably. At Eaton, we’re dedicated to enhancing quality of life and protecting the environment with our innovative energy management technologies and services.
Our EMEA Business Service Center (BSC) in Budapest is Eaton’s largest office in the region. With a diverse team of over 700 people, representing 40+ nationalities and speaking 20+ languages, the BSC is the central hub for business services. It empowers seamless operations and drives exceptional results across our electrical, industrial, and corporate teams. We are proud to be a Disability Friendly Workplace, ensuring an inclusive environment for all our employees.

What you’ll do:

The Cost Out Manager will lead the development, prioritisation, and execution governance of the Cost Out portfolio for Direct Material across all divisions in ES EMEA. This position will establish an integrated, cross-functional operating rhythm for identifying, evaluating, prioritising, funding, and executing Cost Out projects. The Cost Out Manager will ensure that resources, engineering capacity, programme management support, and funding are allocated to the highest-value initiatives, with clear ownership, milestones, risks, financial benefits, and escalation paths.

Main Resposnibilities:

  • Lead cross-functional governance for Cost Out projects across Supply Chain, Engineering, Product Line Management, Operations, Finance, Quality, Programme Management, Manufacturing, and other supporting functions.
  • Establish a consistent portfolio review cadence at the enterprise, business, division, product line, and site levels to review performance, pipeline health, project milestones, risks, resource constraints, and support required.
  • Facilitate project waterlining and prioritisation decisions, ensuring that the organisation focuses resources and investment on projects with the strongest strategic, financial, resilience, and operational value.
  • Define clear project ownership and accountability using appropriate responsibility-assignment models, ensuring that every project has identified business, technical, commercial, financial, and execution owners.
  • Drive alignment between Cost Out priorities and Product Line or Technology roadmaps, ensuring that cost competitiveness is incorporated into product lifecycle, sustaining engineering, and new-product decisions.
  • Lead and organise Cost Out pipeline-building events to ensure pipeline health is maintained and Cost Out objectives are achieved by each division and global category.
  • Drive results through influence, collaboration, and structured governance.
  • Promote digitalisation and continuous improvement across Cost Out processes, adopting EBS and other governance models.

Qualifications:

  • Bachelor’s degree required; preferrably in Engineering or Supply Chain Management fields
  • 5-7 years of experience in a relevant role in Supply Chain area

Skills:

  • Strong expertise in Lean methodologies, Project Management (PMP), and Design to Value (DtV) / Value Analysis Value Engineering (VAVE).
  • Demonstrated ability to lead cross-functional and global teams through influence, without direct reporting authority.
  • Strong stakeholder management skills, with the ability to build alignment across functions with differing objectives, priorities, and performance measures.
  • Fluent in English, with strong written and verbal communication skills.

What We Offer:

  • Wide Range of Employee Benefits: Hybrid work model, Annual bonus, Cafeteria, Private Medical Insurance, Life Insurance, - Eye-glass refund, AYCM partnership, Internal reward system (E-Stars)
  • Employee Wellbeing Support: Access comprehensive support programs designed to enhance your overall wellbeing
  • Family Friendly: Enjoy a family-friendly environment with policies that support work-life balance
  • Talent Management and Career Development: We are dedicated to your professional growth, with a strong focus on internal mobility, continuous learning, and peer coaching
  • Dog-Friendly: Bring your furry friend to work in our dog-friendly office
  • Dedicated Spaces: Utilize our family room, multi-prayer room, stretching room, and chill room for your comfort and convenience
  • Company Yoga Sessions: Participate in regular yoga sessions to stay fit and relaxed
  • Social Responsibility: Join a socially responsible organization committed to making a positive impact
  • Employee Appreciation Day: Celebrate with us on Employee Appreciation Day, recognizing your hard work and contributions

All positions may require participation in video and in-person interviews as part of the hiring process. All candidates will be evaluated based on job-related competencies, and all candidates’ privacy rights and data security will be protected in accordance with applicable laws.

We are committed to ensuring equal employment opportunities for job applicants and employees. Our recruitment processes use balanced selection criteria and avoid unlawful discrimination against applicants on the basis of their age, colour, disability, marital status, national origin, gender, gender identity, genetic information, race or racial origin, religion, sexual orientation or any other status protected or required by law.

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