Product Cost Engineer

ALSTOM Gruppe; Västerås kommun; On-site; SEK 550,000 - 750,000; Full time

Job summary

Alstom in Västerås, Sweden, is seeking a Product Cost Engineer (Mechanical) to apply engineering expertise toward cost competitiveness of our rail solutions. You will work with design, tender and project teams to challenge designs, benchmark costs and identify optimized technical solutions, supporting cross-functional collaboration in a dynamic, international environment.

Join a globally connected team and contribute to innovative projects while advancing your career in a stable, inclusive

Qualifications

• Bachelor or Master degree in Mechanical Engineering
• Strongly determined
• Attracted by costing
• Interested in applying analytical and problem-solving skills
• Collaboration & leadership skills to enable cross-functional team-working
• Willing to work in a dynamic and innovative environment
• Understanding of product competitiveness
• Knowledge of industrial processes

Responsibilities

• Support engineering in the design of cost competitive solutions
• Assess and suggest alternative scenarios
• Reinforce Procurement supplier negotiation thanks to should cost analysis
• Challenge design and supplier quotes through detailed cost modelling and benchmarking activities
• Analyze key cost drivers including materials, manufacturing processes, and supply chain factors, and propose optimized technical solutions
• Establish governance processes and monitor key success factors for design-to-cost initiatives

Skills

Strongly determined

Attracted by costing

Interested in applying analytical and

Collaboration & leadership

Willing to work in dynamic environment

Cross-functional teamwork

Cost competitiveness awareness

Education

Bachelor or Master degree in Mechanical Engineering

Job description

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Date: 18 Sept 2026

Company: Alstom

At Alstom, we understand transport networks and what moves people. From high-speed trains, metros, monorails, and trams, to turnkey systems, services, infrastructure, signalling and digital mobility, we offer our diverse customers the broadest portfolio in the industry. Every day, 80,000 colleagues lead the way to greener and smarter mobility worldwide, connecting cities as we reduce carbon and replace cars.

Could you be the full-time Product Cost Engineer (Mechanical) in Västerås, Sweden we’re looking for?

Your future role

Take on a new challenge and apply your mechanical engineering expertise in a new cutting-edge field.You'll play a key role in driving cost efficiency and competitiveness in our products and you’ll work alongside collaborative and innovative teammates.

Your mission is to:

• Support engineering in the design of cost competitive solutions
• Assess and suggest alternative scenarios
• Reinforce Procurement supplier negotiation thanks to should cost analysis

Day-to-day, you’ll work closely with teams across the business (design, tender, and project teams) with the aim to:

• Challenge design and supplier quotes through detailed cost modelling and benchmarking activities.
• Analyze key cost drivers including materials, manufacturing processes, and supply chain factors, and propose optimized technical solutions
• Establish governance processes and monitor key success factors for design-to-cost initiatives, and much more.

All about you

We value passion and attitude over experience. That’s why we don’t expect you to have every single skill. Instead, we’ve listed some that we think will help you succeed and grow in this role:

• Bachelor or Master degree in Mechanical Engineering
• Strongly determined
• Attracted by costing
• Interested in applying analytical and problem-solving skills
• Collaboration & leadership skills to enable cross-functional team-working
• Willing to work in a dynamic and innovative environment

It also helps if you have experience in the following:

• Understanding of product competitiveness
• Knowledge of industrial processes

Things you’ll enjoy

Join us on a life-long transformative journey – the rail industry is here to stay, so you can grow and develop new skills and experiences throughout your career. You’ll also:

• Enjoy stability, challenges and a long-term career free from boring daily routines
• Collaborate with transverse teams and helpful colleagues
• Contribute to innovative projects
• Utilise our flexible and inclusive working environment
• Steer your career in whatever direction you choose across functions and countries
• Benefit from our investment in your development, through award-winning learning
• Progress towards roles such as Senior Cost Engineer or Project Manager
• Benefit from a fair and dynamic reward package that recognises your performance and potential, plus comprehensive and competitive social coverage (life, medical, pension)

You don’t need to be a train enthusiast to thrive with us. We guarantee that when you step onto one of our trains with your friends or family, you’ll be proud. If you’re up for the challenge, we’d love to hear from you!

Important to note

As a global business, we’re an equal-opportunity employer that celebrates diversity across the 63 countries we operate in. We’re committed to creating an inclusive workplace for everyone.