Cost Engineer/Senior Cost Engineer

Lear Corporation; Southfield (MI); On-site; USD 80,000 - 110,000; Full time

Job summary

Lear Corporation in North America is seeking a Cost Engineer/Analyst to support global purchasing, sales and finance by building cost models for automotive components using activity-based costing methods.

The role requires analyzing production steps, collaborating with engineering, finance and procurement to drive cost-competitive sourcing decisions, and communicating findings with stakeholders across the organization.

Qualifications

• 0-5 years of cost modeling, cost engineering and/or purchasing experience with activity-based costing principles.
• Bachelor's degree in Engineering is required.
• Understanding of activity-based costing principles in manufacturing.
• Ability to analyze production steps and costs in supplier manufacturing facilities.
• Knowledge of automotive manufacturing processes such as stamping, injection molding, wiring, excrusions, and clips.
• Ability to work in a cross functional environment including purchasing, engineering, finance, and sales.
• Ability to explain gaps between should costs and supplier pricing based on factual data.
• High level of independent judgment, initiative, creativity, and managing multiple projects.

Skills

Cost modeling

Cost engineering

Cross-functional collaboration

Data analysis

Problem solving

Time management

Communication skills

Presentation skills

Education

Bachelor's degree in Engineering

Job description

Lear For You

We work hard for the people who work for us. We champion our teams. We foster collaboration, inclusion, respect and excellence. What we are trying to say is we want to be more for you.

We are your path to a better career, a better future, and a better you.

Our teams have invented groundbreaking technologies, flawlessly manufactured millions of products and earned a long list of awards. Year after year, we are one of the World's Most Admired Companies.

Our teams are the secret to our success. They are empowered, inventive and inclusive. Passionate about their craft. Driven to succeed. Because we all understand that we must work together to win.

Are you ready for a better career? A better future?

We're Lear For You.

Job Description

The Cost Engineer/Analyst North America is a critical role in the global cost engineering organization which will provide support to global purchasing, sales and finance teams. The cost engineer will develop cost models for automotive components for multiple commodities ranging from plastics, metals, tubes, electrical components utilizing activity-based cost accounting principles and assist purchasing in sourcing negotiations based on factual data. Requires limited supervision and a thorough knowledge of activity based clean sheet costing in the automotive industry. Any cost engineering experience in the automotive OEMs or TIER 1s is a big plus.

Your Qualifications

• 0-5 years of cost modeling, cost engineering and/or purchasing experience with a working knowledge of activity-based costing principles
• Bachelor's degree in Engineering required
• Understanding of activity-based costing principles in manufacturing
• Ability to analyze production steps and costs in supplier manufacturing facilities
• Knowledge of automotive manufacturing processes such as stamping, injection molding, wiring, excrusions, and clips
• Ability to work in a cross functional environment including purchasing, engineering, finance, and sales
• Ability to explain gaps between should costs and supplier pricing based on factual data
• High level of independent judgment, intiative, creativity, and managing multiple projects
• Problem solving and analytical thinking
• Priority setting and time management
• Action oriented/produces results
• Effective communication, presentation, and interpersonal skills required to communicate with a global team in a timely manner.

Bonus if you have

• BA/BS engineering degree preferred
• MBA or Masters in engineering field preferred

Equal Opportunity Employer

Lear Corporation is committed to fair, meritbased employment practices and equal opportunity.