Cost Engineer

Siemens Energy; Santiago de Querétaro; On-site; MXN 600,000 - 900,000; Full time

Benefits offered by this job

Career growth opportunities

Company paid health and wellness

Paid time off and holidays

Savings Fund

Parental leave and family benefits

Job summary

Siemens Energy seeks a Cost Engineer to support the fabrication commodity portfolio, enhance cost transparency, and protect margins across North American and global suppliers as well as internal facilities.

You will perform should-cost analyses, evaluate supplier quotations, and identify cost-reduction opportunities through collaboration with Procurement, Engineering, and Manufacturing teams. Strong English and manufacturing process knowledge are required.

Qualifications

• Bachelor’s degree in Engineering or related technical field.
• 5–10 years of experience in Cost Engineering, Manufacturing Engineering, or related roles.
• Strong knowledge of should-cost analysis, cost modeling, and value engineering methodologies.

Responsibilities

• Perform should-cost analyses for fabricated components and industrial products.
• Build and maintain cost transparency models using TcPCM and aPriori.
• Evaluate and validate supplier quotations to support negotiation strategies.
• Lead Cost & Value Engineering (CVE) projects to identify cost-out opportunities.
• Collaborate with Procurement, Engineering, and Manufacturing teams on Design-to-Cost initiatives.
• Track and communicate the financial impact of cost-saving measures to leadership.

Skills

Cost engineering

Should-cost analysis

Value engineering

Cross-functional collaboration

English proficiency

Analytical thinking

Education

Bachelor’s degree in Engineering

Master’s degree preferred

Tools

TcPCM

aPriori

Job description

Siemens Energy and Siemens Gamesa are becoming Omterra. "We energize society" by supporting our customers to make the transition to a more sustainable world, based on innovative technologies and our ability to turn ideas into reality. With nearly 100,000 employees around the world, we shape the energy systems of today and tomorrow.

As a Cost Engineer, you will support the fabrication commodity portfolio by enhancing cost transparency, protecting margins, and driving value optimization initiatives across North American and global suppliers as well as internal manufacturing facilities. You will perform should-cost analyses, evaluate supplier quotations, and identify cost reduction opportunities through cross-functional collaboration with Procurement, Engineering, and Manufacturing teams. This role combines technical engineering expertise with cost engineering methodologies to support sourcing decisions, improve competitiveness, and maximize business profitability.

How You'll Make an Impact

• Perform should-cost analyses for fabricated components and industrial products to establish cost benchmarks and support sourcing decisions.
• Build and maintain cost transparency models using cost engineering methodologies and tools such as TcPCM and aPriori.
• Evaluate and validate supplier quotations, supporting negotiation strategies and cost optimization initiatives.
• Lead Cost & Value Engineering (CVE) projects to identify and implement cost-out opportunities across the product portfolio.
• Collaborate with Procurement, Commodity Management, Design Engineering, and Manufacturing teams to drive Design-to-Cost and Design-for-Manufacturability initiatives.
• Track, analyze, and communicate the financial impact of cost-saving measures and present recommendations to stakeholders and leadership.

What You Bring

• Bachelor’s degree in Engineering or a related technical field; Master’s degree preferred.
• 5-10 years of experience in Cost Engineering, Manufacturing Engineering, Value Engineering, Procurement Engineering, or a similar technical role.
• Strong knowledge of should-cost analysis, cost modeling, and value engineering methodologies.

Professional advanced English proficiency, with the ability to effectively communicate and collaborate in a global, cross-functional environment.

• Experience with manufacturing processes such as machining, forging, coating, or steel fabrication.
• Proficiency with cost engineering tools (e.g., TcPCM, aPriori) and interpretation of engineering drawings.
• Strong analytical, communication, and stakeholder management skills, with the ability to influence cross-functional teams in a global environment.

About the Team

The Cost & Value Engineering team plays a strategic role in improving product competitiveness and profitability across Siemens Energy's global supply chain. Working closely with Procurement, Engineering, Manufacturing, and suppliers, the team leverages technical expertise and data-driven cost analysis to identify opportunities for optimization, enhance transparency, and support sustainable business growth. Through collaboration and innovation, the team helps drive cost-efficient solutions while maintaining the highest standards of quality and performance.

Who is Siemens Energy?

At Siemens Energy, we are more than just an energy technology company. We meet the growing energy demand across 90+ countries while ensuring our climate is protected. With ~100,000 dedicated employees, we not only generate electricity for over 16% of the global community, but we’re also using our technology to help protect people and the environment.

Our global team is committed to making sustainable, reliable, and affordable energy a reality by pushing the boundaries of what is possible. We uphold a 150-year legacy of innovation that encourages our search for people who will support our focus on decarbonization, new technologies, and energy transformation.

Lucky for us, we are not all the same. Through diversity, we generate power. We run on inclusion and our combined creative energy is fueled by over 130 nationalities. Siemens Energy celebrates character – no matter what ethnic background, gender, age, religion, identity, or disability. We energize society, all of society, and we do not discriminate based on our differences.

• Career growth and development opportunities
• Company paid Health and wellness benefits
• Paid Time Off and paid holidays
• Savings Fund
• Parental leave and family building benefits