Production Cost Optimization Engineer

Keystone Distinction Group

Farmington (CT)

On-site

USD 70,000 - 110,000

Full time

14 days+

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Job summary

Keystone Distinction Group is seeking a Production Cost Engineer to analyze and improve manufacturing costs across multiple lines. This role interfaces with production, engineering, controlling, and global lead plants to ensure cost transparency and drive cost-reduction initiatives.

You will review MOH, benchmark costs, define targets, and lead cross-site cost-meetings. The position requires 1–3 years in cost engineering with strong Excel, SAP, and Power BI skills.

Qualifications

  • 1–3 years in manufacturing cost engineering, production engineering, or process improvement.
  • Experience in cost benchmarking, variance analysis, and KPI management.
  • Strong project management skills; able to lead cross-site projects.
  • Advanced Excel skills; SAP and Power BI experience preferred.

Responsibilities

  • Review monthly production cost reports and identify variances.
  • Benchmark assembly hours and fabrication costs against lead plants.
  • Develop action plans to close cost gaps and maintain cost-per-hour targets.
  • Lead monthly cost review meetings with lead plants and stakeholders.
  • Support localization projects with cost analyses and business cases.
  • Create structured project plans with timelines and risk analyses.

Skills

Excel PivotTables
Power Query
Power BI
SAP
Benchmarking
Variance analysis
KPI management
Project management
Cross-site work
Communication

Education

Bachelor's degree in Industrial Engineering

Tools

Excel (PivotTables)
Power Query
Power BI
SAP

Job description

Keystone Distinction Group is seeking a Production Cost Engineer to analyze and improve manufacturing costs across multiple lines. This role interfaces with production, engineering, controlling, and global lead plants to ensure cost transparency and drive cost-reduction initiatives.

You will review MOH, benchmark costs, define targets, and lead cross-site cost-meetings. The position requires 1–3 years in cost engineering with strong Excel, SAP, and Power BI skills.

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