Cost Planning Engineer

LS Solutions; Raymond (OH); Hybrid; USD 85,000 - 125,000; Full time

Benefits offered by this job

Competitive salary

Bonuses

Industry benefits

Company-paid programs

Career advancement

Job summary

Honda is seeking a Cost Planning Engineer to assess cost competitiveness and value of parts and systems. You will generate cost estimates, verify reasonableness, and lead cost discussions during layout and drawing reviews to ensure alignment with cost targets.

Primarily onsite with potential for one remote day per week and some travel. The role includes opportunities to contribute to cost-focused research themes and support related duties as assigned.

Qualifications

• College degree in Mechanical Engineering or related STEM field.
• Minimum of 8 years’ experience in product development and team leadership.
• Technical expertise in materials and manufacturing processes.
• Proficiency in CATIA, Microsoft Excel, PowerPoint; data visualization skills are a plus.
• Ability to evaluate design cost optimization and work independently or in teams.

Responsibilities

• Generate accurate cost estimates based on part characteristics and manufacturing processes.
• Verify cost reasonableness during reviews.
• Lead cost discussions during layout and drawing reviews.
• Support department verification activities.
• Provide insights for cost-related research themes.

Skills

CATIA

Microsoft Excel

PowerPoint

Data visualization

Education

College degree in Mechanical Engineering or related STEM field

Tools

Manufacturing processes

Data visualization

Job description

We are seeking a Cost Planning Engineer to support business objectives by assessing the cost competitiveness and value of parts and systems. This role requires a deep understanding of design cost factors, identifying cost reduction opportunities, and ensuring design alignment with cost targets. Key responsibilities include generating accurate cost estimates based on part characteristics and manufacturing processes, verifying cost reasonableness, leading cost discussions during layout and drawing reviews, and supporting department verification activities. The role also involves providing business insights for research themes related to costs and performing related duties as assigned.

Qualifications & Skills

• College degree in Mechanical Engineering or related STEM field.
• Minimum of 8 years’ experience in product development and team leadership.
• Technical expertise in materials and manufacturing processes.
• Proficiency in CATIA, Microsoft Excel, PowerPoint; data visualization skills are a plus.
• Ability to evaluate design cost optimization and work independently or in teams.

Workstyle & Additional Info

• Primarily onsite with potential for one remote day per week.
• May require overtime and domestic travel (~5-10%).

Our Benefits & Growth

• Competitive salary, bonuses, industry-leading benefits, and company-paid programs.
• Opportunities for career advancement, training, and continued learning.
• Additional offerings include lifestyle accounts, tuition assistance, wellbeing programs, and community engagement.

Honda is an equal opportunity employer, valuing diversity and inclusion in the workplace.