Staff Cost Engineer

Form Energy; Somerville (MA); On-site; USD 140,000 - 190,000; Full time

Benefits offered by this job

Relocation assistance

Stock options

Generous leave

Job summary

Form Energy is hiring a Staff Product Cost Engineer responsible for the comprehensive cost analysis and management of electromechanical products throughout their lifecycle. This role will strongly emphasize developing and implementing robust cost engineering processes.

Your primary focus will be optimizing product costs, identifying cost reduction opportunities, ensuring accurate cost estimations, and establishing efficient cost management frameworks for new and existing electromechanical

Qualifications

• 5+ years of experience in a cost engineering role.
• Deep understanding of cost engineering principles for electromechanical systems.
• Proven ability to design, implement, and improve cost engineering processes.

Responsibilities

• Develop detailed cost estimates for electromechanical product designs (mechanical components, electronics, wiring, assembly).
• Analyze BOMs and manufacturing processes to determine cost drivers using PLM and CAD data.
• Design, develop, and implement standardized cost engineering processes and methodologies.
• Partner with Finance to create and maintain cost estimation templates, tools, and databases.
• Establish best practices for cost data collection, analysis, and reporting.
• Support data-driven make v. buy decisions.

Skills

Cost engineering

Data analysis

Financial principles

Cost management

Communication

Tools

PLM

CAD programs

Job description

Are you ready to build America's energy future? Form Energy is an American manufacturing and energy technology company. We're revolutionizing energy storage with cost-effective, multi-day technology designed to keep the electric grid secure and reliable, even during extended periods of stress. By strengthening the electric system and reimagining what's possible, we're giving clean energy a whole new form!

In recent years, Form Energy has earned a number of accolades, including being named by TIME as a "Best Invention", MIT Technology Review as a "Top Climate Tech Company To Watch", and Fast Company as "One of the Next Big Things In Tech". We are making rapid progress on our mission of delivering energy storage for a better world, and our team is growing just as rapidly to meet demand. We have signed contracts with leading electric utilities across the United States and production of our iron-air batteries is underway at our first high-volume manufacturing facility in West Virginia.

Working for Form Energy is more than just a job, it's a chance to be part of something extraordinary. And now - right as we significantly scale up battery manufacturing - might be the most exciting moment in the company's history to join. We are assembling a team of highly talented and driven individuals across the country. Driven by our core values of humanity, excellence, and creativity, our team is determined to deliver on our mission and transform the energy landscape for the better.

Feeling energized to make a meaningful impact on the world? Then keep reading - you've come to the right place.

Role Description

Form Energy is hiring a Staff Product Cost Engineer responsible for the comprehensive cost analysis and management of electromechanical products throughout their lifecycle. This role will strongly emphasize developing and implementing robust cost engineering processes. Your primary focus will be optimizing product costs, identifying cost reduction opportunities, ensuring accurate cost estimations, and establishing efficient cost management frameworks for new and existing electromechanical systems and components. This is an exciting opportunity to help shape and be part of the growth of a fast-moving company with breakthrough technology and an incredible mission!

Relocation assistance is available.

What you'll do:

• Develop detailed cost estimates for electromechanical product designs, including custom mechanical components, electronic components (PCBs, sensors, etc.), wiring harnesses, and assembly

• Utilize PLM, CAD programs to analyze design specifications, bills of materials (BOMs), and manufacturing processes specific to electromechanical systems to determine cost drivers.

• Design, develop, and implement standardized cost engineering processes and methodologies for electromechanical products.

• Partner with Finance to create and maintain cost estimation templates, tools, and databases.

• Establish best practices for cost data collection, analysis, and reporting.

• Support data-driven make v. buy decisions

What you'll bring:

• 5+ years of experience in a cost engineering role

• Deep understanding of cost engineering principles and methodologies specific to electromechanical systems.

• Proven ability to design, implement, and improve cost engineering processes

• Familiarity with manufacturing processes for both mechanical and electronic components.

• Strong ability to analyze complex data, identify root causes, and develop effective solutions.

• Demonstrated understanding of financial principles and cost management techniques.

• Excellent communication and organizational skills
  

#LI-Onsite

Humanity is a cornerstone of Form Energy's culture, and we make sure our compensation and benefits reflect that. Form Energy offers competitive salaries, stock options, and a holistic benefits package to ensure all employees have what they need to thrive while working here.

When it comes to you and your family's health, we cover 100% of medical, dental, and vision premiums for full-time employees - and 80% of healthcare premiums for dependents. This starts from day one. We also offer at least 12 weeks of paid leave for new parents (up to 20 weeks for birthing parents), and generous vacation policies to give employees time to recharge when needed.

To build America's energy future, we need everyone at the table. We are proud to be an equal opportunity employer, and encourage candidates from all backgrounds to apply to our open jobs.

If you may require reasonable accommodations to participate in our interview process, please contact [e-mail]. Requests for accommodations will be treated with discretion.

Form Energy is committed to maintaining the privacy of our applicants. Please be aware that we will never solicit sensitive personal information such as Social Security numbers or bank account details during the recruiting or hiring process.