Cost Engineer: Design-to-Cost & Value Optimization

Siemens Energy, Inc.; 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 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.