Cost Engineer

Posted 24 Days Ago
Be an Early Applicant
Hiring Remotely in India
Remote
20-35 Annually
Mid level
Hardware • Software • Analytics
The Role
Drives product cost reduction and continuous improvement across Product Management, Engineering, Procurement, Operations, and Finance. Responsibilities include benchmarking manufacturing sites and suppliers, setting and monitoring cost targets throughout new product development and product lifecycles, analyzing cost variances, and presenting data-backed recommendations. The role also supports efficiency and quality improvements through cross-functional and cross-regional collaboration.
Summary Generated by Built In

Cost Engineer: 

Responsibilities:

  • Identify and drive product cost improvement actions by working with a cross-functional team (notably Product Management, Engineering, Procurement, Operations and Finance)
  • Develop product cost comparisons to evaluate and benchmark manufacturing locations and suppliers
  • Prepare and deliver presentations on product cost targets, key cost drivers, and supporting cost reduction activities
  • Monitor product costs during the NPDI process and throughout the product lifecycle to identify and act on variances
  • Identify and pursue continuous improvement projects that deliver improved efficiency and/or quality
  • Other duties and responsibilities as assigned.


    Requirements: 

  • Bachelor’s degree in engineering or related technical degree; Electrical or Mechanical Engineering is preferred

  • 4-5 years’ experience in Product Cost, Product Management, Engineering, Supply Chain, or Manufacturing

  • Experience with new product development processes and activities is preferred

  • Demonstrated competence in problem solving, data analysis, & project management

  • Ability to develop and deliver effective presentations of insights and recommendations, supported by data analysis

  • Experience developing cross-functional and cross-regional relationships to achieve business objectives

  • Proficiency with Microsoft Office suite (Excel, PowerPoint, PowerBI), Smartsheet, and other business applications

  • Excellent communications skills – written & verbal 

Skills Required

  • Bachelor's degree in engineering or a related technical field
  • Electrical or Mechanical Engineering degree
  • 4-5 years of experience in Product Cost, Product Management, Engineering, Supply Chain, or Manufacturing
  • Experience with new product development processes and activities
  • Problem-solving, data analysis, and project management competence
  • Ability to deliver effective presentations supported by data analysis
  • Experience developing cross-functional and cross-regional relationships
  • Proficiency with Microsoft Office, Excel, PowerPoint, Power BI, Smartsheet, and other business applications
  • Excellent written and verbal communication skills

Vertiv Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Vertiv and has not been reviewed or approved by Vertiv.

  • Healthcare Strength — Health coverage is described as comprehensive, with standard medical, dental, and vision plans plus wellness and mental-health resources. Core offerings also include disability and life insurance and an Employee Assistance Program.
  • Leave & Time Off Breadth — Time off includes paid holidays and PTO typical of large employers, and many U.S. salaried roles feature flexible or "unlimited" PTO approaches. These programs are part of a structured, global total rewards framework.
  • Fair & Transparent Compensation — Pay is considered fair at start for many office-based, engineering, and field service roles, and total compensation packages are viewed as stable. In some hourly manufacturing settings, overtime opportunities help boost overall earnings.

Vertiv Insights

Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Columbus, OH
8,435 Employees
Year Founded: 2016

What We Do

Vertiv (NYSE: VRT) brings together hardware, software, analytics and ongoing services to ensure its customers’ vital applications run continuously, perform optimally and grow with their business needs. Vertiv solves the most important challenges facing today’s data centers, communication networks and commercial and industrial facilities with a portfolio of power, cooling and IT infrastructure solutions and services that extends from the cloud to the edge of the network. Headquartered in Columbus, Ohio, USA, Vertiv employs approximately 20,000 people and does business in more than 130 countries. For more information, and for the latest news and content from Vertiv, visit Vertiv.com.

Similar Jobs

Turner & Townsend Logo Turner & Townsend

Senior cost engineer

Professional Services • Real Estate • Consulting
In-Office or Remote
17 Locations
17263 Employees

Turner & Townsend Logo Turner & Townsend

Cost engineer

Professional Services • Real Estate • Consulting
In-Office or Remote
17 Locations
17263 Employees

The Aerospace Corporation Logo The Aerospace Corporation

Sr Advanced Software Engr

Aerospace • Artificial Intelligence • Cloud • Machine Learning • Software • Cybersecurity • Defense
Remote or Hybrid
India
4600 Employees

Comcast Logo Comcast

Engineer 4, Software Development & Engineering

Digital Media • Information Technology • News + Entertainment
Remote or Hybrid
India
115000 Employees

Similar Companies Hiring

Revel Thumbnail
Aerospace • Hardware • Robotics • Software
Marina Del Rey, California
70 Employees
Unusual Machines, Inc. Thumbnail
Hardware • Robotics
Orlando, FL
300 Employees
Blee Thumbnail
Artificial Intelligence • Marketing Tech • Software
New York, New York
33 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account