Cost Engineer

Stellantis; Auburn Hills (MI); On-site; USD 80,000 - 100,000; Full time

Job summary

A leading automotive company in Auburn Hills is seeking a Cost Engineer to develop cost estimates using an activity-based costing approach. The role involves collaboration with global engineering and purchasing teams to support cost convergence activities. Ideal candidates will have a Bachelor’s degree in engineering and at least five years of experience in the automotive sector. Strong analytical skills and proficiency with Microsoft applications are essential. This position offers the opportunity to work in a dynamic and fast-paced environment.

Qualifications

• Minimum of 5 years experience in the automotive industry or related fields.
• Strong English verbal and written communication skills.
• Ability to manage a high volume of parts and varying complexity levels.

Responsibilities

• Develop early-phase cost engineering estimates.
• Conduct detailed should-cost calculations.
• Support purchasing during supplier negotiations.
• Contribute to value optimization activities.

Skills

Cost estimation

Collaborative mindset

Analytical thinking

Proficiency in Microsoft Excel

Effective communication

Education

Bachelor’s degree in Engineering or related field

Bachelor’s degree in Mechanical, Electrical, or Manufacturing Engineering

Tools

Microsoft PowerPoint

Microsoft Word

Job description

The Cost Engineerroledevelops detailed cost estimates for components and tooling using an activity‑based costing approach. This role works directly with bills of material, drawings, and physical samples to understand how parts are made and to estimate the associatedcomponent,manufacturing,and investment costs.

In this position, you will use established Stellantis methods and processes to analyze costs, provide guidance to internal teams, and support cost convergence activities. You will collaborate with global engineering,purchasing, finance, and supplier teams to ensure competitive and transparent cost structures from early concept through serial production.

Multiple roles are being fulfilled within this job posting- for allcomponentscopes within the vehicle structure(Body, Interior, Chassis, Engine Adaptation, Electrical Components and Systems, Powertrain). Position fulfillmenttoutilizeapplicant backgroundand experience as paired to internal role needs.Organization Success in this role requires curiosity, agility, and a collaborative mindset within a fast‑paced, global environment.

Key Deliverables:

• Early‑phase cost engineering estimates
• Detailed “should‑cost” calculations using a bottom‑up manufacturing approach
• Provideidea generationandcostsupport during vehicle development to help achieve cost targets (Design‑to‑Cost)
• Supportpurchasingduring supplier negotiations by completing gap analyses of supplier cost breakdowns(Piece Price, ED&D, Tooling)
• Contribute to benchmarking and value optimization activities, including serial life should‑cost assessments
• Collaborate closely withinernal global team,Engineering, Buyers,andSuppliers
• Provide global cost comparison analysis in partnership with the broader Cost Engineering community

Basic Qualifications:

• Bachelor’s degree in Engineering, Businessor a related field
• Minimum of 5 years of experience in the automotive industry, advanced manufacturing or related industries
• Strong English verbal and written skills to support rolejob key deliverables
• Ability to manage a high volume of parts and varying levels of complexity
• Proficiencywith Microsoft PowerPoint, Excel, and Word
• Ability to work effectively across multiple levels of the organization, functions, and global regions

Preferred Qualifications:

• Bachelor’s degree in Mechanical, Electrical, Manufacturing or Industrial Engineering
• Familiarity with cost model structures and activity‑based costing forcomponentdevelopment
• Experience inwithin one or multiple areas:Design Responsible Engineering, Manufacturing,ComponentTool development,orComponent Purchasing