Cost Engineering Analyst III

Jobtailor; Missouri; On-site; USD 120,000 - 180,000; Full time

Job summary

Jobtailor in the United States (Missouri) seeks a senior Cost Engineer to own bottom-up cost calculations for automotive and heavy truck components. Lead cost planning, collaborate with engineering and purchasing, and drive cost-reduction initiatives across projects.

The role requires a bachelor’s degree in engineering, 10 years in automotive/heavy truck sectors, 3 years in cost engineering, and 1 year in leadership.

Qualifications

• Bachelor’s degree in Mechanical, Electrical, or Industrial Engineering.
• 10 years of experience in Automotive and/or heavy truck industry.
• 3 years in a Cost Engineering role.
• 1 year of group leader, project lead, or mentoring experience.
• Experience with manufacturing process optimization.
• Travel up to 10% domestically and internationally.
• Must be legally authorized to work permanently in the country the position is located in at the time of application.
• Must successfully complete a criminal background check.
• May be required to successfully complete a pre-employment drug screen.

Responsibilities

• Lead cost planning structures and determine bottom-up target costs.
• Maintain detailed knowledge of parts in scope, related technologies, materials, and production processes.
• Participate in cost avoidance and reduction activities using bottom-up cost calculation according to the global Cost Engineering methodology.
• Assess gaps between prices, purchasing, and engineering; align next steps and track progress to close cost gaps.
• Set up cost engineering strategies to achieve short, intermediary, and long-term savings.
• Support Purchasing in negotiations and discuss cost gaps directly with suppliers.
• Collaborate with Engineering to promote designs and avoid costly product changes.
• Support creation of cost targets with a bottom-up approach for product projects.
• Verify savings potentials by benchmarking complex powertrain parts.
• Engage in tear downs and cost driver analysis for internal and external parts.
• Represent the CE Team in cross-functional project team meetings.
• Provide cost transparency for project leads and cross-functional teams.
• Travel up to 10% domestically and internationally.

Skills

Cost Engineering

Bottom-Up Cost Calculation

Manufacturing Process Optimization

Siemens Calculation Software

Project Leadership

Education

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

Tools

Siemens Calculation Software

Job description

• Lead cost planning structures
• Determine bottom-up target costs of REC (Reference Calculation)
• Maintain detailed knowledge of parts in scope, related technologies, materials, and production processes
• Participate in cost avoidance and reduction activities using bottom-up cost calculation according to the global Cost Engineering methodology
• Assess gaps between prices, purchasing, and engineering; align next steps and track progress to close cost gaps
• Set up cost engineering strategies to achieve short, intermediary, and long-term savings
• Support Purchasing in negotiations and discuss cost gaps directly with suppliers
• Collaborate with Engineering to promote designs and avoid costly product changes
• Support creation of cost targets with a bottom-up approach for product projects
• Verify savings potentials by benchmarking complex powertrain parts
• Engage in tear downs and cost driver analysis for internal and external parts
• Represent the CE Team in cross-functional project team meetings
• Provide cost transparency for project leads and cross-functional teams
• Travel up to 10% domestically and internationally

Requirements

• Bachelor’s degree in Mechanical, Electrical, or Industrial Engineering, or its equivalent
• 10 years of experience in Automotive and/or heavy truck industry
• 3 years in a Cost Engineering role
• 1 year of group leader, project lead, or mentoring experience
• Experience with manufacturing process optimization
• Experience with Siemens calculation software for generating cost calculations
• 10% domestic and international travel required
• Must be legally authorized to work permanently in the country the position is located in at the time of application
• Must successfully complete a criminal background check
• May be required to successfully complete a pre-employment drug screen

Core Competencies

Demonstrates expertise in Cost Engineering methodologies, with a strong focus on bottom-up cost calculations and cost reduction strategies. Proven ability to collaborate across functions, support negotiations, and provide cost transparency in the automotive and heavy truck industries.

Highest-signal resume keywords

• Cost Engineering
• Bottom-Up Cost Calculation
• Manufacturing Process Optimization
• Siemens Calculation Software
• Project Leadership

ATS Optimization Keywords

Hard Skills

• Cost Planning
• Cost Avoidance
• Cost Driver Analysis
• Benchmarking
• Cost Transparency

Soft Skills

• Collaboration
• Negotiation
• Mentoring

Industry Keywords

• Automotive Industry
• Heavy Truck Industry
• Engineering
• Production Processes

Tools & Technologies

• Siemens Calculation Software