Cost Engineer - Technology, Strategy & Methods

About the Position

Reporting to the Head of Cost Engineering, the Cost Engineer delivers best in class product cost and emission calculations at the technology level and supports target cost achievement through strong technical expertise, on site validations, and cost down workshops with suppliers and operations. This role drives continuous improvement by defining, governing, and implementing cost engineering (CE) processes, methods, and tools, while ensuring effective risk, compliance, and knowledge management. Additional responsibilities include leading expert teams, delivering trainings (e.g., Design to Cost, moderation, negotiation), evaluating and implementing new costing tools, serving as a CE systems and tools administrator, and ensuring accurate master data management.

Responsibilities

• Develop detailed cost models for electronic products, printed circuit board assemblies (PCBAs), electronic components, and electromechanical assemblies.
• Generate cost estimates for new products during quotation, design, and production phases
• Perform Best Cost analyses to validate supplier quotations and support negotiations
• Benchmark supplier costs and market pricing of electronic components
• Contribute to target achievement through should‑cost modeling and early cost‑lever identification
• Develop, implement, and govern Cost Engineering processes, methods, and standards
• Drive Design‑to‑Cost and CIP initiatives across product lifecycle phases
• Evaluate, implement, and improve cost engineering tools and systems, including user trainings
• Support and lead expert teams, trainings, and cross‑functional initiatives

Requirements

• Bachelor’s degree in Electronics, or a related technical discipline
• 5–6 years of professional experience in manufacturing engineering, R&D, procurement, cost engineering, or process optimization in electronics industry (e.g. electronics components, modules, products, PCB)
• Experience with electronic products, PCB assemblies, and component manufacturing preferred
• Experience in automotive, industrial electronics, consumer electronics, aerospace, or telecommunications industries preferred
• Knowledge of product lifecycle costing, value engineering, and Design‑to‑Cost methods
• Analytical, structured, and innovative mindset with strong problem‑solving skills
• Confident communicator with the ability to collaborate in global, cross‑functional teams
• Must be authorized to work in the United States without sponsorship now AND in the future

Benefits

• A supportive collaborative team environment
• Annual Incentive Plan
• Paid Vacation
• Personal Time
• 401k Plan
• Health Care Benefits
• Paid Holidays
• A strong diversity culture
• Supportive Employee Groups and community outreach activities