Cost Engineer
Base Salary Range: $75k – $105k
Job Grade 8
Cost Engineer
If you are enthusiastic about driving positive change and eager to shape the future of technology in a dynamic, international environment, we invite you to join our Cost Analysis team. In this role you will maintain healthy performance of our meaningful technologies which make the world work!
We are Prodrive Technologies and are dedicated to creating meaningful technologies that make the world work. We are a dynamic and leading organization, dedicated to pushing boundaries and achieving excellence in the high-tech industry. Through our innovative solutions, we contribute to building a future where everyone can thrive, resources are optimized, and connectivity brings people together.
About the role
As a Cost Engineer you will review all aspects of the US business from pure COGS to overhead costs. From there, the conducted review will be translated by the Cost Engineer into savings and cost avoidance initiatives with the applicable teams. The ultimate closure of said initiatives will then be monitored and led by the Cost Engineer. Due to the wide scope of this role, it is expected that collaboration between different teams from manufacturing to finance occurs often. The person in this role will also be in the lead for creating and reviewing cost breakdowns for new and existing business.
This role is situated at our rapidly growing US regional headquarters in Canton, MA which is a small but growing team, and will provide many opportunities to interact with all levels of the organization. You will work closely with the US Supply Chain, Finance, and Project Management Team, as well as the global Sourcing team. This is a hybrid position allowing for a flexible schedule whether in the office or at home.
Key responsibilities
- Drive annual cost downs on all facets of the P&L
- Review bill of materials for cost improvements or component alternatives
- Review Man & Machine times for manufacturing optimization opportunities
- Prepare cost breakdown reviews for existing and new business
- Define associated improvement actions to realize identified cost savings
- Analyze business and market trends to identify cost savings and avoidance
- Collaborate with stakeholders for opportunity identification and resource allocation
Profile
Bachelor’s or Master’s degree in technical or business-oriented field
3 – 7 years of relevant work experience
Financially oriented and comfortable with cost analysis and financial documents
Capable of performing analysis and associated action setting and closure
Experience in project management, manufacturing, or supply chain management
Excellent presentation, communication, and negotiation skills, up to executive level
Experience with ERP (SAP preferred) and data report (Power BI preferred) systems
Entrepreneurial and capable of working independently to find opportunity areas
A passion for technology
Authorized to work in the US
Apply as Cost Engineer