Cost Engineer
Christiansburg, VA
Full-Time Regular
2019274
Location: Christiansburg, Virginia
As a Cost and Value Engineer, you will drive initiatives to maximize product value while minimizing costs throughout the entire product life cycle. You will be a key contributor to the business capture and planning phase, where you will bridge the gap between technical engineering and financial viability. By leveraging bottom-up CVE methodologies, you will lead cross-functional teams to set optimization targets, evaluate technical solutions, and prepare robust cost data for new business proposals.
- Cost Optimization & Strategy: Apply methodologies to identify, evaluate, and realize cost potential. Lead process and technology optimization at suppliers along the value chain.
- Proposal Coordination: Support and coordinate the efforts of cost estimating teams. Gather, correlate, and translate technical inputs into proposal cost data for use in critical pricing decisions.
- Technical Analysis: Conduct concept evaluations and development-related costs, focusing primarily on design-for-cost and design-for-assembly fundamentals.
- Data Stewardship: Analyze and assemble historical data for follow-on business proposals, ensuring all calculations are reasonable, transparent, and objective.
- Cross-Functional Collaboration: Contribute to strategic topics in close cooperation with Procurement, Engineering, Finance, and Supplier Quality Management.
- Stakeholder Communication: Communicate estimating results clearly to those responsible for customer pricing and executive leadership within critical time constraints.
Requirements:
- Bachelor’s degree in mechanical engineering, industrial engineering, or finance, with a minimum of 3 years in a project-oriented, or manufacturing support role.
- In-depth knowledge of engineering principles, mechanical drawings, and 3D models.
- Proven track record in bottom-up cost calculations and managing cross-functional projects.
- Strong proficiency in data analysis, reporting, and Office tools (PowerPoint/Excel).
- Exceptional communication and negotiation competence with the ability to "assert" value-driven decisions.
- High-level moderation and presentation abilities for executive-level reviews.
- Ability to work under pressure and meet strict deadlines during the business capture phase.
- Travel: Approximately 10%, Domestic and/or International
Benefits include:
- Financial Rewards: great compensation package, annual profit sharing, matching 401k and the ability to participate in Employee Stock Purchase Plan, Flexible Spending and Health Savings Accounts
- Work/Life Balance: Flexible paid time off, holidays and parental leave program, relocation assistance
- Health & Welfare: Comprehensive insurance coverage including medical, dental, vision, life, disability, Employee Assistance Plan (“EAP”) and other supplemental benefit coverages
- Professional Skills Development: Tuition Assistance, mentorship and coaching opportunities, leadership development and other personal growth programs