What are the responsibilities and job description for the Cost Engineer position at Astemo?
Description
Position Summary:
The Cost Engineer will provide cost expertise for the xEV Business Unit (BU) to support the achievement of optimal cost targets. This role involves collecting engineering requirements and providing cost estimates along with suitable suppliers for new parts and developments. Additionally, the Cost Engineer will implement a cost database to reference cost models across similar products and will be responsible for mastering cost data to optimize cost models effectively.
Position Duties And Responsibilities
At Astemo, we’re challenging the status quo with the power of diversity, inclusion, and collaboration. Our goal is to build an inclusive work environment that celebrates the differences of our employees. We want to ensure that every employee feels valued, respected and empowered. We don’t just accept difference—we celebrate it, we support it, and we thrive on it for the benefit of our employees, our products, and our community. Astemo is proud to be an equal opportunity employer.
If you need a reasonable accommodation to apply for a job at Astemo, please send the nature of the request and contact information to [email protected] when applying for the position.
Position Summary:
The Cost Engineer will provide cost expertise for the xEV Business Unit (BU) to support the achievement of optimal cost targets. This role involves collecting engineering requirements and providing cost estimates along with suitable suppliers for new parts and developments. Additionally, the Cost Engineer will implement a cost database to reference cost models across similar products and will be responsible for mastering cost data to optimize cost models effectively.
Position Duties And Responsibilities
- Based on requests and information coming from DE, Purchasing, or BU, provide Should Cost of the component or product: 50%
- Calculate/analyze Should Cost for awarding support by sharing achievable cost & for negotiation supports by sharing should cost based; Conduct tear down and summarize findings into report; Supplier production line improvement on demand: 15%
- Update database with latest manufacturing cost including raw material, labor etc: 10%
- Co-lead the VEC activities with BU purchasing team from preparing parts to scheduling with suppliers: 10%
- Conduct the benchmarking (BMC) for the VEC (structure, weight, material etc.) and prepare summaries for the workshops: 10%
- Create and update templates for benchmarking: 5%
- Bachelor/master’s degree in engineering, Business studies or equivalent
- At least 5 years of experience in purchasing / commercial environment in industrial context
- Minimum 1 Year Experience in Cost Analysis
- Minimum 3 Years Experience in Manufacturing
- Corporate finance skills
- Cost Engineering skills
- Ability to work cross-functionally and globally.
- Collaboration & Teamwork
- High Accountability
- Project Management
- Analytical & Problem Solving
- Communication & Presentation
- None
- Microsoft Office Suite
- SAP
- Ability to work for extended periods of time while sitting
- Standing, walking, and bending for the duration of the workday
- Ability to lift and/or move up to twenty-five pounds
- Visual ability to work accurately with detailed information and a computer screen
- Full motor skills
- May require up to 20% travel
- Open office setting
- Factory setting with noise
- Personal Computer
- Hand tools
- Multimeter and other troubleshooting devices
At Astemo, we’re challenging the status quo with the power of diversity, inclusion, and collaboration. Our goal is to build an inclusive work environment that celebrates the differences of our employees. We want to ensure that every employee feels valued, respected and empowered. We don’t just accept difference—we celebrate it, we support it, and we thrive on it for the benefit of our employees, our products, and our community. Astemo is proud to be an equal opportunity employer.
If you need a reasonable accommodation to apply for a job at Astemo, please send the nature of the request and contact information to [email protected] when applying for the position.
