What are the responsibilities and job description for the Cost Engineer position at Tekgence Inc?
Cost Engineer
Primary skills
The Should Cost Engineer will be responsible for cost estimation, analysis, and optimization of Engineering Procurement Systems (EPS) related components used in nuclear power plants, including auxiliary systems and balance of plant (BOP).
This role requires expertise in cost modelling, supplier benchmarking, and engineering analysis to ensure cost-effectiveness, competitiveness, and compliance with industry standards and regulations .
Key Responsibilities:
- Develop and maintain should-cost models for auxiliary systems, and BOP in nuclear power plants.
- Analyze manufacturing processes, material costs, and labor costs to establish accurate cost estimates.
- Collaborate with engineering, procurement, and supply chain teams to identify cost-saving opportunities.
- Perform supplier cost benchmarking, negotiations, and value engineering initiatives.
- Support design-to-cost and design-for-manufacturing initiatives by working closely with design teams.
- Conduct market analysis to understand industry trends, cost drivers, and supplier capabilities.
- Provide cost breakdown analysis and risk assessments to facilitate strategic decision-making.
- Ensure compliance with nuclear industry standards, safety requirements, and regulatory guidelines.
- Assist in contract negotiations by providing technical cost insights and recommendations.
Qualifications & Skills:
- Bachelor's or master’s degree in electrical engineering, Mechanical Engineering, Industrial Engineering, or a related field.
- 5 years of experience in cost engineering, procurement, or related roles within the energy or nuclear sector.
- Strong understanding of transformers, switchgear, cabling, power distribution systems, motor control centers and commodities like Forging, casting, Heavy fabrication, sheet-metal etc.
- Experience in working should cost model with Built to specification.
- Familiarity with manufacturing processes, materials, and cost structures relevant to nuclear power plant equipment.
- Proficiency in cost estimation tools, data analysis, and spreadsheet modeling.
- Knowledge of industry standards such as ASME, IEEE, NRC regulations, and nuclear safety requirements.
- Experience working with suppliers and performing supplier cost analysis.
"Tekgence is an equal opportunity employer. Applicants must be authorized to work in the U.S. U.S. citizens and Green Card holders are strongly encouraged to apply."
