Cost Engineer

Job Overview

Responsible for providing financial support and performance analysis to the global/regional operations and plant management teams. The role requires an exceptional business partner to drive organizational success through the development and execution of financial strategies. Key responsibilities include managing a team of operational financial analysts/plant controllers, consolidation and analysis of actual results/forecasts/budgets, conducting monthly plant reviews, product/conversion/material productivity analysis, driving freight/inventory reductions, and supporting capital investments. The position also requires coordination with the regional/global BU supply chain team.

Tasks and Responsibilities

oCalculation of production alternatives in terms of design, method and production location for EMEA automotive products  
oCosting of the projects in all phases according to the product development process (Concept, Design, Industrialization)
oPerforming capital analysis for the projects in terms of ROI, Payback, Operating Income and Break Even Point (Full Product P&L)
oSupporting lifetime cost calculations during all project phases; optimizing cost cycles in collaboration with key business partners such as Sales, Product Engineering, Product Management, Purchasing, Manufacturing Engineering
oImplement new methodologies for new product families and 
oImplementation of continuous cost improvements as well as target costing 
oProactive participation in interdisciplinary functional/core teams  
oStrong collaboration with Project Controlling and Project Lead

What your background should look like:

oMaster's degree in the field of industrial engineering or business administration 
oRelevant professional experience in finance and production in the automotive industry 
oGood understanding of the impact of process changes on financial performance 
oIdeally knowledge of thermoplastic injection molding, stamping as well as assembly processes 
oLeadership skills and a confident demeanor when dealing with senior management 
oHigh affinity in value driver analysis 
oPatience and passion for cost reductions 
oGood Microsoft Office skills, especially Excel 
oExperienced handling of SAP, FACTON (Enterprise Product Costing) desirable
oExcellent communication and presentation skills - verbal & written - in English
oStrong Team Player
 

Competencies