Strategic Cost Engineer for Vehicle Programs

Stellantis Financial Services; Auburn Hills (MI); On-site; USD 90,000 - 130,000; Full time

Job summary

Stellantis Financial Services seeks a Cost Engineer to develop component cost estimates using activity-based costing across multiple vehicle components. You will collaborate with global engineering, purchasing, finance and supplier teams to ensure transparent, competitive cost structures from concept to production.

Responsibilities include early-phase estimates, should-cost calculations, and supporting supplier negotiations to achieve cost targets.

Qualifications

• Bachelor’s degree in Engineering, Business or a related field.
• Strong English verbal and written skills.
• Ability to manage a high volume of parts and varying levels of complexity.
• Proficiency with Microsoft PowerPoint, Excel, and Word.
• Ability to work effectively across multiple levels of the organization, functions, and global regions.
• Bachelor’s degree in Mechanical, Electrical, Manufacturing or Industrial Engineering.
• Experience in the automotive industry, advanced manufacturing or related industries.
• Familiarity with cost model structures and activity‑based costing for component development.
• Experience in within one or multiple areas: Design Responsible Engineering, Manufacturing, Component Tool development, or Component Purchasing.

Responsibilities

• Develop component cost estimates for new programs.
• Detailed “should‑cost” calculations using a bottom‑up manufacturing approach.
• Provide cost guidance during vehicle development to help achieve cost targets (Design‑to‑Cost).
• Support purchasing during 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 within internal global team, Engineering, Buyers, and Suppliers.
• Provide global cost comparison analysis in partnership with the broader Cost Engineering community.

Skills

English communication

Cross-functional collaboration

Analytical reasoning

Education

Bachelor’s degree in Engineering

Bachelor’s degree in Mechanical/Electrical/Manufacturing or Industrial Engineering

Tools

Microsoft PowerPoint

Microsoft Excel

Microsoft Word

Job description

Stellantis Financial Services seeks a Cost Engineer to develop component cost estimates using activity-based costing across multiple vehicle components. You will collaborate with global engineering, purchasing, finance and supplier teams to ensure transparent, competitive cost structures from concept to production.

Responsibilities include early-phase estimates, should-cost calculations, and supporting supplier negotiations to achieve cost targets.