Cost Engineer for Innovation Ventures (Hybrid)

Mattel; El Segundo (CA); Hybrid; USD 84,000 - 95,000; Full time

Job summary

Mattel seeks a Cost Engineer at our El Segundo campus to provide cost analysis, modeling, and cost intelligence across the product lifecycle. You will work with Product Development, Design, Sourcing, Finance, and Manufacturing to meet cost targets while preserving quality and consumer value.

Responsibilities include developing cost estimates, supporting design decisions, and driving cost optimization through VA/VE activities and standardized methodologies.

Qualifications

• Bachelor's degree in Mechanical Engineering, Industrial Engineering, Manufacturing Engineering, or related field.
• 1+ years of cost engineering/product development/manufacturing/sourcing experience.
• Advanced Microsoft Excel skills and proficiency with Microsoft Office.
• Strong written and verbal communication skills.
• Growth mindset and continuous learning attitude.

Responsibilities

• Develop and maintain product cost estimates from concept through production.
• Prepare cost analyses to support design decisions and supplier negotiations.
• Evaluate costs to identify opportunities for optimization and cost reduction.
• Collaborate with Product Development and Design to balance cost, quality, and performance.
• Participate in VA/VE activities to achieve target costs and best practices.

Skills

Cost engineering

Excel

Data analysis

Communication

Education

Mechanical Engineering degree

Industrial/Manufacturing Engineering degree

Job description

Mattel seeks a Cost Engineer at our El Segundo campus to provide cost analysis, modeling, and cost intelligence across the product lifecycle. You will work with Product Development, Design, Sourcing, Finance, and Manufacturing to meet cost targets while preserving quality and consumer value.

Responsibilities include developing cost estimates, supporting design decisions, and driving cost optimization through VA/VE activities and standardized methodologies.