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Cost Engineer

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Number of Applicants

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Job Description - Cost Engineer

Company Name:

ASTEMO INDIANA, INC.

Job Family:

Engineering

Job Description:

Position Summary:

The Cost Engineer will provide cost expertise for the EV Business Unit to support the achievement of optimal cost targets. This role involves researching current cost drivers and setting targets across the value chain for equipment, materials, and manufacturing.  Additionally, the Cost Engineer will support market research and pursue plans to optimize the Astemo's manufacturing capabilities.

    Essential Job Functions

    • Conduct cost analysis for manufacturing based on requests for new business opportunities and improvements to existing programs, ensuring competitive and optimized pricing.
    • Support business growth initiatives by leveraging market intelligences and internal capabilities to help secure new business.
    • Develop, maintain, and regularly update an internal cost database, including raw materials, labor, and other manufacturing inputs.
    • Co-lead Value Engineering/Cost (VEC) activities in collaboration with Business Unit Purchasing, including part preparation and supplier coordination/scheduling.
    • Create, maintain, and refine benchmarking templates to support cost comparison and analysis.
    • Perform additional duties as assigned to support departmental and organizational objectives.

    Minimum Qualifications:

    • Bachelor/master’s degree in engineering, finance, operations, or data analytics
    • 15 year of experience in Finance & Accounting (focused primarily in costing)
    • 3 years of Experience in a Manufacturing Environment

    Required Skills and Abilities:

    • Corporate P&L familiarity
    • Microsoft Office proficiency
    • Ability to work cross-functionally and globally.
    • Collaboration across remote sites
    • High accountability
    • Project management
    • Analytical & problem solving
    • Communication & presentation

    Supervisory Responsibilities:

    • None

    Software:

    • Microsoft Office Suite
    • SAP

    Work Environment – Travel, Noise, Smells, Quiet, Indoors or Outdoors, etc.

    • May require up to 20% travel
    • Open office setting
    • Factory setting with noise
    • Night meetings with global partners

    Equal Opportunity Employer (EOE) – Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender, identity, disability, protected veteran status and national origin.

    At Astemo, we’re challenging the status quo with the power of diversity, inclusion, and collaboration. Our goal is to build an inclusive work environment that celebrates the differences of our employees. We want to ensure that every employee feels valued, respected and empowered. We don’t just accept difference—we celebrate it, we support it, and we thrive on it for the benefit of our employees, our products, and our community. Astemo is proud to be an equal opportunity employer.

    If you need a reasonable accommodation to apply for a job at Astemo, please send the nature of the request and contact information to [email protected] when applying for the position.

    Original job Cost Engineer posted on GrabJobs ©. To flag any issues with this job please use the Report Job button on GrabJobs.
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