ICT Should Cost Engineer

At TE, you will unleash your potential working with people from diverse backgrounds and industries to create a safer, sustainable and more connected world.

Job Overview

TE Connectivity's Financial Planning & Analysis Teams develop, interpret and implement financial concepts for financial planning and control. They perform technical analysis to determine present and future financial performance. They gather, analyze, prepare and summarize recommendations for financial plans, acquisition activity, trended future requirements and operating forecasts. The Financial Planning & Analysis Teams also perform economic research and studies in the areas of rates of return, depreciations, working capital requirements, investment opportunities, investment performance and impact of governmental requirements.

Your main tasks

1.Should-Cost Model Development
•Support the implementation and structuring of should-cost models and target cost activities with external partners.
•Estimate product costs based on Bill of Materials (BOM), using internal cost modelling tools and databases.
•Ensure consistency between costing, product/process definitions, and inputs from supporting functions.
•Provide real-time updates, gap analysis, and directional costing to internal stakeholders.
2.Cost Information Analysis
•Analyse and challenge provided cost information and assumptions.
•Collect and consolidate part prices, investment data, and costing inputs for defined products and potential manufacturing scenarios.
•Monitor cost evolution and maintain detailed traceability for cost-related decisions.
3.Cross-Functional Support (Engineering, Sales, PM/PjM, Procurement)
•Support Sales teams in technical discussions with customers regarding material usage, labour, and profitability optimization.
•Collaborate with Product Engineering during development phases to analyse component costs and drive margin improvements.
•Participate in technical evaluations and assumptions during sourcing phases with the acquisition team.
4.Continuous Improvement
•Ensure the costing database is regularly updated and aligned with official inputs (materials, plants, machine rates, etc.).

Your ideal background

•Master’s degree in Engineering (mandatory); combined experience or education in Finance is highly valued
•Minimum of 5 years of experience in an industrial environment, ideally in the automotive industry.
•Solid background in production, manufacturing engineering, cost estimation, or product cost analysis.
•Technical understanding of manufacturing processes (preferably Assembly; Molding, Stamping, Machining, etc.).
•Ability to provide qualitative, reliable, and traceable cost data.
•Strong communication skills and ability to work independently.
•Fluent in English.

Competencies

Values: Integrity, Accountability, Inclusion, Innovation, Teamwork

Compensation
• Competitive base salary commensurate with experience: $xxx – xxx (subject to change dependent on physical location)
• Posted salary ranges are made in good faith. TE Connectivity reserves the right to adjust ranges depending on the experience/qualification of the selected candidate as well as internal and external equity.

What TE Connectivity Internship Program offers
TE has a robust internship program that provides our interns with an abundance of resources to feel included as part of our Team. Every summer we coordinate various educational and networking events for our interns. The TE University Relations team will be hosting virtual meetups, information sessions, tours, skill building presentations, and topping it off with National Intern Day celebration activities.

A unique employee resource group we have is the Young Professionals Employee Resource Group (ERG). This group is committed to creating a highly engaged and empowered cross-functional network of young professionals by placing high value in Professional Development, Networking Opportunities and Community Involvement to drive the success of our interns.

In addition to the ERG, we also provide our interns with complete access to our internal library of self-lead courses. These courses include academies like leadership to help the interns develop their development in becoming future leaders at our organization. To help with their professional growth, we provide access to Mentors via our NAVIGATE platform. Mentors serve as a guide to navigate the organization and provide additional support in their career endeavors at the company. Our program provides a holistic experience for interns that targets professional development and personal growth.

Our internship program typically runs May thru August and gives students the opportunity to work on projects that contribute to the success of their team and build on their classroom experience. Throughout the 10–12-week program, interns will be provided with:

• Onboarding & Orientation

• Professional Development Workshops

• Networking Opportunities

• Operations Experience

• Executive Exposure

Timeline
TE Connectivity recruits on campus between September and March for New Grad (FT), Rotational, Internship and Co-op positions beginning in May. Once you have applied to a position, your resume and application will be reviewed. If you are selected to move to the next step in the application process, you will be contacted by a recruiter. Once you accept an offer, the onboarding process will begin in January for interns who have committed to offers in the fall semester and upon acceptance for interns who have committed to offers in the spring semester.

EOE, Including Disability/Vets

Location:

_TANGER, TNG, MA, _90000

City: _TANGER

State: TNG

Country/Region: MA

Travel: 10% to 25%

Requisition ID: 132738

Alternative Locations:

Function: Finance & Accounting