Cost Engineer - Hybrid (Remote 2 days) Cost Modeling

Socket.dev; Michigan; On-site; USD 90,000 - 120,000; Full time

Job summary

General Motors is seeking a Cost Engineer to develop and improve cost knowledge, models for materials, tooling and ED&D for assigned components within vehicle programs. You will evaluate supplier quotes, support data-driven negotiations, and drive cost improvements across cross-functional teams.

The role requires a Bachelor's degree and 3 years in cost engineering or related roles, with knowledge of activity-based costing, tooling, and automotive supplier quotes, and a collaborative approach.

Qualifications

• Bachelor's degree in Business, Finance, Engineering, Mechatronic Engineering, or related field; 3 years' cost engineering experience.
• Experience with Activity Based Costing, ED&D costing, and cost modeling.
• Experience with automotive components and supplier quote analysis.

Responsibilities

• Develop, grow, and improve cost models for components and subsystems.
• Compare supplier quotes to estimates to close gaps and negotiate best costs.
• Support cross-functional teams to establish target costs and profitability.

Skills

Cost engineering

Activity Based Costing

Data analytics

Supplier cost analysis

Education

Bachelor's degree in Business/Finance/Engineering/Mechatronic Engineering

Tools

Costing software

Excel

Job description

General Motors is seeking a Cost Engineer to develop and improve cost knowledge, models for materials, tooling and ED&D for assigned components within vehicle programs. You will evaluate supplier quotes, support data-driven negotiations, and drive cost improvements across cross-functional teams.

The role requires a Bachelor's degree and 3 years in cost engineering or related roles, with knowledge of activity-based costing, tooling, and automotive supplier quotes, and a collaborative approach.