Entry Level Cost Engineer

Stellantis; Auburn Hills (MI); On-site; USD 80,000 - 120,000; Full time

Job summary

Stellantis is seeking a Cost Engineer to develop component and tooling cost estimates using activity-based costing. You will work with BOMs, drawings, and samples to understand manufacturing costs and contribute to cost targets across early concept to serial production.

Collaborate with global engineering, purchasing, finance, and suppliers in a fast-paced, international environment. You will support cost convergence activities, provide guidance to internal teams, and help ensure transparent

Qualifications

• Bachelor’s degree in Engineering, Business, or related field.
• Strong English verbal and written skills.
• Ability to manage a high volume of parts with varying levels of complexity.
• Proficiency with Microsoft Office applications.

Responsibilities

• Develop component cost estimates for new programs.
• Perform detailed “should-cost” calculations using bottom‑up manufacturing data.
• Support cost convergence during vehicle development (Design‑to‑Cost).
• Collaborate with Engineering, Purchasing, Finance and Suppliers.
• Provide global cost comparison analysis with the Cost Engineering community.

Skills

Cost estimation

Activity-based costing

BOM analysis

MS Excel

PowerPoint

English communication

Cross-functional collaboration

Education

Bachelor’s degree in Engineering, Business or related field

Tools

Excel

PowerPoint

Word

Job description

The Cost Engineerroledevelops detailed cost estimates for components and tooling using an activity‑based costing approach. This role works directly with bills of material, drawings, and physical samples to understand how parts are made and to estimate the associatedcomponent,manufacturing,and investment costs.

In this position, you will use established Stellantis methods and processes to analyze costs, provide guidance to internal teams, and support cost convergence activities. You will collaborate with global engineering,purchasing, finance, and supplier teams to ensure competitive and transparent cost structures from early concept through serial production.

Multiple roles are being fulfilled within this job posting- for allcomponentscopes within the vehicle structure(Body, Interior, Chassis, Engine Adaptation, Electrical Components and Systems, Powertrain). Position fulfillmenttoutilizeapplicant backgroundand experience as paired to internal role needs.Organization Success in this role requires curiosity, agility, and a collaborative mindset within a fast‑paced, global environment.

Key Deliverables:

Developcomponentcost estimates fornew programs, including:

• Early‑phase cost engineering estimates
• Detailed “should‑cost” calculations using a bottom‑up manufacturing approach
• Provideidea generationandcostsupport during vehicle development to help achieve cost targets (Design‑to‑Cost)
• Supportpurchasingduring supplier negotiations by completing gap analyses of supplier cost breakdowns(Piece Price, ED&D, Tooling)
• Contribute to benchmarking and value optimization activities, including serial life should‑cost assessments
• Collaborate closely withinternal global team,Engineering, Buyers,andSuppliers
• Provide global cost comparison analysis in partnership with the broader Cost Engineering community

Basic Qualifications:

• Bachelor’s degree in Engineering, Businessor a related field
• Strong English verbal and written skills to support rolejob key deliverables
• Ability to manage a high volume of parts and varying levels of complexity
• Proficiencywith Microsoft PowerPoint, Excel, and Word
• Ability to work effectively across multiple levels of the organization, functions, and global regions

Preferred Qualifications:

• Bachelor’s degree inMechanical, Electrical, Manufacturingor Industrial Engineering
• Experience in the automotive industry, advanced manufacturing or related industries
• Familiarity with cost model structures and activity‑based costing forcomponentdevelopment
• Experience inwithin one or multiple areas:Design Responsible Engineering, Manufacturing,ComponentTool development,orComponent Purchasing