As a Cost Engineer, you will play a critical role in providing insight and driving down the costs of parts and complex modules by simulating production processes. You will also provide early definition of manufacturing process flows and product cost calculations during the design phase in collaboration with the development and sourcing competences.
Requirements
• Master degree in an mechanical engineering discipline or equivalent experience.
• Experience with advance manufacturing processes like CNC Milling, CNC Turning, (Laser, E-Beam) welding, additive (3D printing) manufacturing, precision mechanics vacuum, manufacturing automation / robotization, industrial 4.0 (operation data analyses).
• Knowledge of manufacturability of raw material manufacturing like stainless steel, titanium, casting, extrusion, high end plastics, vendor components market pricing and availability etc.
• Experience in reporting cost driver views, opportunities and risks.
• Understand both supplier, supply chain manufacturing capabilities and preferable their financial value streams.
• Experience in working in design teams, supplier account teams and with supplier collaboration.
• Direct manufacturing engineering experience in operations.
Responsibilities
• Serve as the go to expert for mechanical manufacturing and product costing.
• Drive down Cost of Goods (Parts & modules) by influencing design on manufacturability & costs.
• Early defining of Manufacturing Process Flows for manufacturability & Product Cost calculations during design.
• Provide adequate transparency in Product Costing for both Technical costs and Business uplifts.
• Create more value and cost down opportunities through deepen assessments of Factory Standard Costs and simulate Supplier & Supply Chain Costs.
• Collaborate with : Development & Engineering competences, Sourcing and Supply Chain Engineering.
Personal skills
• Determine manufacturing strategies through the manufacturing flow and steps and create product costing of designs for high end precision parts and complex modules based on optimum serial and volume manufacturing effects.
• Drive faster learning curve effects and cost down.
• Has excellent: analytical and simulation skills for product costs and supplier Factory Standard Cost scenario’s.
• Professional communication and convincing skills. Experiences on reporting cost validations, opportunities and risks.
• Proactive member of design and supplier account teams.
• Excellent written and verbal communication skills in English
Inclusion and diversityASML is an Equal Opportunity Employer that values and respects the importance of a diverse and inclusive workforce. It is the policy of the company to recruit, hire, train and promote persons in all job titles without regard to race, color, religion, sex, age, national origin, veteran status, disability, sexual orientation, or gender identity. We recognize that inclusion and diversity is a driving force in the success of our company.
Need to know more about applying for a job at ASML? Read our frequently asked questions.
ASML Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about ASML and has not been reviewed or approved by ASML.
-
Healthcare Strength — Health coverage is broad and employer‑funded to a significant degree, with multiple plan options plus mental health and wellness resources. Complementary offerings like onsite/virtual care, HSA contributions, and a gym subsidy strengthen the overall medical package.
-
Parental & Family Support — Family‑forming benefits include paid parental leave, adoption assistance, IVF coverage, and practical supports like lactation rooms and milk‑shipment for travel. These provisions indicate substantial caregiving support across life stages.
-
Leave & Time Off Breadth — Paid time off can reach a high ceiling when combining vacation and company holidays, with accruals increasing by tenure. Flexible workplace policies and a vacation sell‑back option add usability to the time‑off program.
ASML Insights
Similar Jobs
What We Do
ASML is a high-tech company, headquartered in the Netherlands. We manufacture the complex lithography machines that chipmakers use to produce integrated circuits, or computer chips. Over 30 years, we have grown from a small startup into a multinational company with over 60 locations across Europe, Asia and the US. Behind ASML’s innovations are engineers who think ahead. The people who work at our company include some of the most creative minds in physics, electrical engineering, mathematics, chemistry, mechatronics, optics, mechanical engineering, computer science and software engineering. Because ASML spends more than €2 billion per year on R&D, our teams have the freedom, support and resources to experiment, test and push the boundaries of technology. They work in close-knit, multidisciplinary teams, listening to and learning from each other.
