Product Cost Specialist

CNH; Surbo; On-site; EUR 35,000 - 54,000; Full time

Benefits offered by this job

Flexible work arrangements

Savings & Retirement benefits

Tuition reimbursement

Parental leave

Adoption assistance

Fertility & Family building support

Employee Assistance Programs

Charitable contribution matching and V

Job summary

CNH Industrial in Italy is seeking a Cost Engineer to coordinate product costing activities across current and new products. You will provide subject matter expertise in Value Analysis / Value Engineering and lead cost actions to achieve program objectives.

The role requires 5+ years in Finance, Cost Management or Engineering, with strong analytical skills and knowledge of manufacturing processes. CNH offers market-competitive compensation and benefits.

Qualifications

• Mechanical Engineering degree or in Technical or Financial discipline.
• Minimum 5 years’ experience in Finance, Cost Management or Engineering
• Good knowledge of Machining/Fabrication operations or general manufacturing processes
• Excellent analytical skills, organization, with proactive attitude
• Language requirements: Good English
• Prior experience in cost analysis and management tools
• Knowledge of CHN Industrial products is a plus

Responsibilities

• Provide cost estimation to support Programs target cost setting and Purchasing negotiations.
• Track new product cost evolution during the process to support the Platform.
• Manage cost evolution by updating product cost until implementation in production and report variances; drive recovery plans to support Program cost objectives.
• Provide Engineering changes costing approval and track current product cost variances by causals (engineering changes Q&R/CRT).
• Analyze selected Key Model cost evolution and provide reports to Platform / other functions.
• Assign TCEs at part number level (buy) by priority and update/maintain target cost tracking systems with latest estimates.
• Optimize product cost by proposing, collecting, evaluating and consolidating Cost Reduction opportunities or more economical design/process alternatives.
• Facilitate design cost improvements by interacting with other functions (Engineering, Manufacturing, Purchasing).
• Promote and develop standardization cost comparative analysis to (proactively) identify new ideas.
• Support make or buy studies cost estimation (buy level) when required.

Skills

Cost analysis

Analytical skills

English

Education

Mechanical Engineering degree

Tools

Microsoft Office

Costing software

Job description

About Us

Innovation. Sustainability. Productivity. This is how we are Breaking New Ground in our mission to sustainably advance the noble work of farmers and builders everywhere. With a growing global population and increased demands on resources, our products are instrumental to feeding and sheltering the world.

From developing products that run on alternative power to productivity-enhancing precision tech, we are delivering solutions that benefit people – and they are possible thanks to people like you. If the opportunity to build your skills as part of a collaborative, global team excites you, you’re in the right place.

Grow a Career. Build a Future!

Be part of this company at the forefront of agriculture and construction, that passionately innovates to drive customer efficiency and success. And we know innovation can’t happen without collaboration. So, everything we do at CNH Industrial is about reaching new heights as one team, always delivering for the good of our customers.

Job Purpose

Coordinate product costing activities for both current and new product by providing subject matter expertise in Value Analysis / Value Engineering.

Leads key cost activities by setting target costs, performing new product cost tracking and ensuring cost improvement actions are executed to achieve the objectives.

Key Responsibilities

• Provide cost estimation to support Programs target cost setting and Purchasing negotiations.
• Track new product cost evolution during the process to support the Platform.
• Manage cost evolution by updating product cost until implementation in production and report variances; drive recovery plans to support Program cost objectives.
• Provide Engineering changes costing approval and track current product cost variances by causals (engineering changes Q&R/CRT).
• Analyze selected Key Model cost evolution and provide reports to Platform / other functions.
• Assign TCEs at part number level (buy) by priority and update/maintain target cost tracking systems with latest estimates.
• Optimize product cost by proposing, collecting, evaluating and consolidating Cost Reduction opportunities or more economical design/process alternatives.
• Facilitate design cost improvements by interacting with other functions (Engineering, Manufacturing, Purchasing).
• Promote and develop standardization cost comparative analysis to (proactively) identify new ideas.
• Support make or buy studies cost estimation (buy level) when required.

Experience Required

• Mechanical Engineering degree or in Technical or Financial discipline
• Minimum 5 years’ experience in Finance, Cost Management or Engineering

Preferred Qualifications

• Good knowledge of Machining/Fabrication operations or general manufacturing processes
• Excellent analytical skills, organization, with proactive attitude
• Computer literacy with proficiency in Microsoft Office Products (Outlook, Excel, Word, Powerpoint, etc.)
• Managing multiple tasks, often with compelling deadlines
• Ability to prepare clear, concise and informative reports and presentations
• Ability to make assumptions and estimates from preliminary information as well as accurate detailed tracking and analysis.
• Good interpersonal skills and drive to sustain cost targets, and interact with other functions
• Language requirements: Good English
• Prior experience in cost analysis and management tools
• Previous experience developed in manufacturing technologies, processes, engineering
• Knowledge of CHN Industrial products is a plus

Pay Transparency

The annual salary for this role is EUR 35.100 - 53.820 plus any applicable bonus (Actual salaries will vary and will be based on various factors, such as skill, experience and qualification for the role.)

For roles open across multiple locations, the salary range indicated refers to the primary location. If a different location is considered, the applicable salary range will be communicated to candidates prior to the first interview.

What We Offer

We offer dynamic career opportunities across an international landscape. As an equal opportunity employer, we are committed to delivering value for all our employees and fostering a culture of respect.

Benefits

At CNH, we understand that the best solutions come from the diverse experiences and skills of our people. Here, you will be empowered to grow your career, to follow your passion, and help build a better future. To support our employees, we offer regional comprehensive benefits, including:

• Flexible work arrangements
• Savings & Retirement benefits
• Tuition reimbursement
• Parental leave
• Adoption assistance
• Fertility & Family building support
• Employee Assistance Programs
• Charitable contribution matching and Volunteer Time Off