Cost Engineer

Lear Corporation • Southfield, MI

4h

About The Position

The Cost Engineer/Analyst North America is a critical role in the global cost engineering organization which will provide support to global purchasing, sales and finance teams. The cost engineer will develop cost models for automotive components for multiple commodities ranging from plastics, metals, tubes, electrical components utilizing activity-based cost accounting principles and assist purchasing in sourcing negotiations based on factual data. Requires limited supervision and a thorough knowledge of activity based clean sheet costing in the automotive industry. Any cost engineering experience in the automotive OEMs or TIER 1s is a big plus.

Requirements

• 3+ years of cost modeling, cost engineering and/or purchasing experience with a working knowledge of activity-based costing principles.
• Bachelor's degree required.
• Understanding of activity-based costing principles in manufacturing.
• Ability to analyze production steps and costs in supplier manufacturing facilities.
• Knowledge of automotive manufacturing processes such as stamping, injection molding, wiring, excrusions, and clips.
• Ability to work in a cross functional environment including purchasing, engineering, finance, and sales.
• Ability to explain gaps between should costs and supplier pricing based on factual data.
• High level of independent judgment, initiative, creativity.
• Problem solving and analytical thinking.
• Priority setting and time management.
• Action oriented/produces results.
• Effective communication, presentation, and interpersonal skills required to communicate with a global team in a timely manner.
• Candidates must be legally authorized to work in the country where the position is located.

Nice To Haves

• Any cost engineering experience in the automotive OEMs or TIER 1s is a big plus.
• BA/BS engineering degree preferred.
• MBA or Masters in engineering field preferred.

Responsibilities

• Develop cost models for automotive components for multiple commodities ranging from plastics, metals, tubes, electrical components utilizing activity-based cost accounting principles.
• Assist purchasing in sourcing negotiations based on factual data.
• Analyze production steps and costs in supplier manufacturing facilities.
• Explain gaps between should costs and supplier pricing based on factual data.
• Manage multiple projects.
• Communicate with a global team in a timely manner.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level