Product Cost Engineer - Electrical

Alstom; Västerås kommun; On-site; SEK 600,000 - 800,000; Full time

Job summary

Alstom is seeking an Experienced Cost Engineer to drive cost efficiency in electrical engineering projects. You will collaborate with design, tender and project teams to develop cost-competitive solutions and analyse supplier quotes with detailed cost modelling.

Responsibilities include challenging designs, evaluating cost drivers and establishing governance for design-to-cost initiatives, while supporting procurement negotiations and continuous improvement across functions and countries.

Qualifications

• Bachelor or Master degree in Electrical Engineering.
• Strong analytical and problem-solving ability.
• Excellent communication skills and ability to work with cross-functional teams.
• Willingness to learn and adapt in a dynamic, innovative environment.
• Experience with cost modelling or cost engineering is a plus.

Responsibilities

• Support engineering in the design of cost competitive solutions.
• Assess and suggest alternative scenarios to reduce costs.
• Reinforce procurement negotiations through should-cost analysis.
• Challenge designs and supplier quotes with detailed cost modelling and benchmarking.
• Analyse key cost drivers such as materials and manufacturing processes to propose optimized technical solutions.
• Establish governance processes and monitor success factors for design-to-cost initiatives.

Skills

Cost analysis

Analytical thinking

Communication skills

Cross-functional collaboration

Leadership

Education

Bachelor or Master in Electrical Engineering

Job description

Req ID: 522908

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, more than 80 000 colleagues lead the way to greener and smarter mobility worldwide, connecting cities as we reduce carbon and replace cars.

Your future role

Take on a new challenge and apply your electrical 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

• Bachelor or Master degree in Electrical Engineering
• Strongly determined
• Attracted by costing
• Interested in applying analytical and problem-solving skills
• Enjoys self-learning
• Good communication 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.

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.

Job Type: Experienced