Remote Principal Should-Cost Engineer

RTX (Raytheon); United States; Remote; USD 108,000 - 205,000; Full time

Benefits offered by this job

Healthcare

Retirement plan

Parental leave

Flexible schedules

Educational assistance

Job summary

RTX is seeking a Principal Should Cost Engineer for a remote US-based role. You will lead cost modeling across complex assemblies, using aPriori and custom regression models to drive cost transparency for supplier negotiations.

The role requires STEM education with 8+ years experience, plus ERP/SAP familiarity and strong interpretation of engineering drawings. Occasional travel is possible, with a focus on scalable cost drivers and continuous improvement.

Qualifications

• Typically requires a degree in Science, Technology, Engineering or Mathematics (STEM) and minimum 8 years prior relevant experience or an Advanced Degree in a related field and minimum 5 years of experience or in absence of a degree, 12 years of relevant experience.
• Experience should costing or designing to cost.
• Experience with engineering drawing, reading, and interpretation.
• Experience with SAP or other ERP system.

Responsibilities

• Lead cost modeling and benchmarking activities spanning complex assemblies, parts.
• Utilize aPriori significantly as well as home grown regression models and still to be developed models.
• Should costing and should cost modeling for components and assemblies, translating engineering drawings and models into costed elements (material, labor, OH, tooling, logistics).
• Develop and maintain cost roll ups and drivers at appropriate levels of granularity to support negotiations.
• Create assumptions and cost driver logic.
• Use historical data to create forward looking models when should costing software is not available.
• Validate and calibrate models at appropriate intervals.
• Train new users of software or models and help/contribute to upgrading standard work.
• Conduction should cost assessments on parts with software called aPriori.
• Potential travel with Supply Chain managers occasionally, however, minimal.

Skills

Cost modeling

A Priori

Regression models

Data analysis

Education

STEM degree

Advanced degree

Tools

aPriori

SAP/ERP

VB/SQL/Python

Job description

RTX is seeking a Principal Should Cost Engineer for a remote US-based role. You will lead cost modeling across complex assemblies, using aPriori and custom regression models to drive cost transparency for supplier negotiations.

The role requires STEM education with 8+ years experience, plus ERP/SAP familiarity and strong interpretation of engineering drawings. Occasional travel is possible, with a focus on scalable cost drivers and continuous improvement.