CapEx

CapEx Product Jobs

2 jobs found

1d ago

Product Cost Engineer, Capital Equipment

Meta Sunnyvale, CA

Sunnyvale, CA

1d ago

$168k - $234k/yr Full time CapEx Capital Equipment Capital Planning

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Job Description

Own the financial performance of capital equipment investments for the AR Glasses portfolio, from early process concepts through ramp.

Responsibilities

Establish and refine capital cost targets at program and portfolio levels; cascade targets down to line, station, and equipment while aligning Process, Tooling, Test, and Sourcing teams to meet them
Develop should-cost models for capital equipment and validate supplier quotes by decomposing pricing to confirm quotes are cost-justified before commitment
Partner with Sourcing on supplier strategy, Supplier Plan of Record (SPOR), and negotiation strategy; provide should-cost benchmarks, competitive alternatives, multi-program bundling leverage, and payment and milestone term guidance
Manage capital expenditure (capex) reporting across the AR Glasses portfolio, including tooling, fixtures, automation, test and metrology equipment, and factory infrastructure; track flow-through to Total Cost per Unit via depreciation and capex-per-unit
Work with Hardware and Manufacturing Engineering to identify and drive capital reduction opportunities such as station consolidation, cycle time and takt improvements, fixture simplification, test time reduction, and utilization gains
Define and drive intergenerational re-use strategy by assessing the installed base for carry-forward across generations and programs; quantify manual versus automation trade-offs; influence design and process commonality; track realized re-use against budget
Lead cross-functional capital reviews comparing actual versus target capex, utilization, re-use, and risks/opportunities; evaluate capital implications of design, process, automation, and test changes
Support capital approval and governance in partnership with Capex Sourcing and Finance, including business cases, depreciation treatment, and redeployment or disposition of idle assets
Codify capital cost management best practices into scalable processes and documentation across the organization

Requirements

BS or higher in Manufacturing & Operations, Industrial, Mechanical or Electrical Engineering, or equivalent experience
8+ years of experience in capital cost management, manufacturing/process engineering, tooling, or automation roles in hardware products
Experience building capital or capacity models (equipment cost, UPH, cycle time, OEE, utilization, staffing) to support investment decisions
Knowledge of Operations and Supply Chain with demonstrated effective communication skills
Experience collaborating across engineering, sourcing, and finance to align on trade-offs between cost, schedule, and technical requirements
Experience applying analytical and problem-solving methods to cost, capital, or supply chain challenges and communicating findings to cross-functional stakeholders
Experience with equipment re-use, redeployment, or intergenerational tooling strategy across product generations
Familiarity with capital governance, depreciation, payback/NPV analysis, and asset disposition

Preferred Qualifications

Experience adhering to and implementing responsible, ethical AI practices (risk assessment, bias mitigation, quality and accuracy reviews)
Demonstrated ability to integrate AI tools to optimize or redesign workflows and drive measurable impact (efficiency gains, quality improvements)
Demonstrated ongoing AI skill development (prompt/context engineering, agent orchestration) and staying current with emerging AI technologies
Experience with complex capital equipment, including new line bring-up and ramp
Master's degree or MBA in a relevant field (Engineering, Operations, Business)
10+ years of experience in capital cost, manufacturing engineering, or product cost management roles in hardware technology products
Background in Manufacturing, Operations, or Engineering

Location

Sunnyvale, CA (onsite)

Compensation

USD 168,000 - 234,000 per year

Benefits

Bonus
Equity
Benefits

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3mo ago

Product Cost Engineer

Meta Sunnyvale, CA

Sunnyvale, CA

3mo ago Closed

$168k - $234k/yr Full time CapEx Cost Cost Analysis

This position is no longer accepting applications (closed Jul 30, 2026).

Job Description

The Product Cost Engineer role at Meta Reality Labs Product Operations centers on safeguarding the product’s financial health from ideation through end of life. The role collaborates with Operations, Engineering, Product Management, Sourcing, Finance, and Contract Manufacturing to drive cost targets and maintain supply chain continuity, on a site-based basis in Sunnyvale, CA.