Target Costing Engineer – Automotive Manufacturing

Carcoustics International GmbH; Troy (MI); On-site; USD 75,000 - 110,000; Full time

Job summary

Carcoustics International GmbH in Troy, MI seeks a Calculation & Target Costing Engineer to develop accurate product cost models and support quotation activities. You will drive target costing for new and existing programs, evaluating BOMs, materials, labor, and tooling to ensure profitable growth.

Collaborate with Engineering, Purchasing, Operations, and Sales to establish competitive cost models and lead cost reduction initiatives.

Qualifications

• Bachelor's degree in Mechanical Engineering, Manufacturing Engineering, Industrial Engineering, Finance, Business, or related field.
• Minimum 3 years of experience in product costing, target costing, manufacturing engineering, industrial engineering, estimating, or financial analysis.
• Experience with automotive OEM or Tier 1 suppliers preferred.
• Strong Excel and data analysis skills; ability to read engineering drawings and CAD models.

Responsibilities

• Develop detailed cost calculations for customer quotations and product changes.
• Create and maintain target cost models for automotive acoustic and thermal products.
• Analyze BOMs, raw materials, labor, overhead, tooling, and logistics costs.
• Evaluate manufacturing processes including thermoforming, injection molding, and assembly.
• Support RFQ activities with timely, accurate cost estimates.
• Collaborate with engineering teams to optimize designs for cost and manufacturability.
• Work with Purchasing to evaluate supplier quotes and identify savings.
• Perform cost benchmarking and competitive analyses.
• Support value engineering and cost reduction initiatives.
• Develop ROI analyses for tooling and automation investments.
• Monitor costs against quotes and maintain costing database standards.
• Prepare management reports and participate in program reviews.

Skills

Cost Estimation

Target Costing

Financial Analysis

Manufacturing Processes

Value Engineering

Cost Optimization

Data Analysis

Cross-Functional Collaboration

Education

Bachelor's degree in Mechanical Engineering or related field

Tools

Power BI

SAP

ERP systems

Job description

Carcoustics International GmbH in Troy, MI seeks a Calculation & Target Costing Engineer to develop accurate product cost models and support quotation activities. You will drive target costing for new and existing programs, evaluating BOMs, materials, labor, and tooling to ensure profitable growth.

Collaborate with Engineering, Purchasing, Operations, and Sales to establish competitive cost models and lead cost reduction initiatives.