Cost Engineer Intern

Posted 2 Days Ago
Be an Early Applicant
Austin, TX, USA
In-Office
Internship
Energy
The Role
Supports bottom-up cost models, should-cost estimates, program budgets, budget-versus-actual tracking, variance analysis, procurement quote comparisons, make-or-buy decisions, and sensitivity analyses for complex hardware assemblies. The role collaborates with Finance, Engineering, Manufacturing, Supply Chain, Quality, and Project Management while developing practical cost-engineering skills in a nuclear hardware environment.
Summary Generated by Built In
About Aalo Atomics

Aalo Atomics is pioneering a new era in clean energy with factory-fabricated microreactors designed to deliver affordable, scalable, and reliable nuclear power. Our mission is to make nuclear energy globally accessible, starting with the Aalo-1, a 10 MWe reactor leveraging cutting-edge safety, modularity, and efficiency. Based in Austin, TX, we’re rapidly growing as we work to deploy the world’s first fleet of advanced microreactors. Join us and help revolutionize energy for a sustainable future.

About the role

We are seeking a Cost Engineer Intern to support cost engineering, manufacturing costing, and program-level cost execution for complex hardware assemblies. This internship reports into Finance, but interfaces heavily with Engineering, Manufacturing, Supply Chain, Quality, and Project Management to help maintain accurate cost models, support budget tracking, and generate cost insights that improve design and manufacturing decisions.

You’ll work under the Senior Manager of Costing and contribute to day-to-day costing deliverables while learning the fundamentals of cost engineering in a fast-paced hardware environment.

What you'll do
  • Support the development of bottom-up cost models (materials, labor, outside processing, overhead, yield/scrap).
  • Assist in building “should-cost” estimates using BOMs, drawings, and manufacturing assumptions.
  • Help produce project budgets for modules, parts, and overall programs with clear traceability.
  • Track budgets vs. actuals and contribute to variance analysis.
  • Support procurement and make/buy decisions through quote analysis and scenario comparisons.
  • Support sensitivity analyses on cost models and project finance models to enable clear decision making and internal transparency
Required Qualifications
  • Currently pursuing a Bachelor’s or advanced degree in Chemical Engineering, Nuclear Engineering, Industrial Engineering, Mechanical Engineering, Manufacturing Engineering, Finance, or a related field.
  • Strong Excel modeling skills and comfort working with structured data.
  • Strong AI skills and comfort working with ambiguous datasets.
  • Foundational understanding of manufacturing processes and cost drivers.
  • Clear communicator with strong attention to detail and ownership.
Preferred Qualifications
  • Prior internship or job experience involving cost analysis, BOMs, or manufacturing operations.
  • Exposure to complex assemblies or high-reliability hardware.
  • Familiarity with ERP/MRP workflows.


Requirements: 

  • Based in the United States
  • Willing to work on-site in Austin, TX

What We Offer:

  • Competitive salary based on technical level
  • Health, Dental, Vision Insurance
  • Paid Time Off
  • Corporate Gym Membership

Additional Information: 

Aalo Atomics provides a collaborative and supportive work environment, opportunities for professional growth, intellectually challenging careers, and competitive compensation. Aalo Atomics is an equal opportunity employer and considers all employment decisions without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, veteran status, or any other characteristic protected by law.

Applicants must be U.S. Citizens or U.S. Persons in compliance with 10 CFR Part 810 and may not hold non-compliant foreign citizenships.

Direct applicants only. No recruiters or staffing agencies, please.


Skills Required

  • Currently pursuing a bachelor's or advanced degree in Chemical Engineering, Nuclear Engineering, Industrial Engineering, Mechanical Engineering, Manufacturing Engineering, Finance, or a related field
  • Strong Excel modeling skills and comfort working with structured data
  • Strong AI skills and comfort working with ambiguous datasets
  • Foundational understanding of manufacturing processes and cost drivers
  • Clear communication, strong attention to detail, and ownership
  • Prior internship or job experience involving cost analysis, BOMs, or manufacturing operations
  • Exposure to complex assemblies or high-reliability hardware
  • Familiarity with ERP/MRP workflows
  • Based in the United States
  • Willingness to work on-site in Austin, Texas
  • Must be a U.S. citizen or U.S. person in compliance with 10 CFR Part 810
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The Company
HQ: Austin, TX

What We Do

Energy without limits, for everyone.

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