Cost Engineer

The opportunity

How you’ll make an impact

1. You will lead all activities related to cost engineering within the assigned scope of work, utilize cost methodologies, tools and appropriate software models and provide expert knowledge in cost analysis, manufacturing processes, material/supplier comparison etc. and work proactively towards cost target objectives and sourcing strategy in collaboration with Strategic Buyers, Category Managers, NPI Teams and R&D. 

2. You will investigate and identify cost reduction opportunities through cost analysis review for new as well as existing parts/products.

3. You will maintain reliable and accurate data related to raw materials, processes, machines, labor rates etc. relevant to the scope of work, require knowledge of at least one Cost estimation software’s such as “aPriori”, PCS/PCM-Team Center, DFMA and SEER Tool-Galorath”, analyze supplier manufacturing process, infrastructure and quotes and provide arguments with data to aid communication with suppliers and customers and achieve cost optimization. 

4. You will support supplier meetings and negotiations to challenge prices and aim for cost reductions to meet target costs, support and utilize experience to aid best practice in the supplier process in conjunction with buyers and take end to end responsibility for the full scope interacting with all internal and external stakeholders as required.

5. You will be responsible to ensure compliance with applicable external and internal regulations, procedures, and guidelines.

6. Living Hitachi Energy's core values of safety and integrity, which means taking responsibility for your own actions while caring for your colleagues and the business.

Your background

1. You hold a bachelor’s degree in mechanical/ electrical & Electronics / Production/Material Sciences Engineering, master’s degree is a plus. 

2. Minimum 3 years in similar industry or automobile or aero space.

3. Deep understanding of various cost models viz. Should Costing, Directional Costing, linear Performance Pricing, Price History, Benchmarking etc. Knowledge and understanding of a variety of manufacturing processes and components and ability to evaluate and analyses associated costs. 

4. Work exposure to different supply regions such as China, India, Europe and US, good experience in Supplier assessments, workshops and negotiations and exposure to Design for Manufacturing would be an advantage.

5. Ability to coordinate with cross functional and cross geographical teams, flexibility to travel min 10%. 

6. Excellent Analytical and communication skills. Fluent in English, other languages are a plus. 

More about us
We pride ourselves on offering a holistic range of competitive benefit programs to support your financial, physical and mental wellbeing and personal development. We want you to truly thrive with us – in work and out. For this role, depending on grade and experience, we offer the following employee benefits (subject to the respective plan rules) :

1. Up to 30 days full paid leaves per year
2. Flexible Benefit program (Supplementary Pensions included)
3. Medical Insurance(outpatient and inpatient)
4. Long service awards
5. Flexible Working(subject to role)

Are you ready for an exciting new challenge? Does the above description sound like you? Welcome  Our selection process is continuous, and the position may be closed before the advertisement expires. So, if you are interested – don’t delay, apply today!  All other questions can be directed to Talent Acquisition Partner: Sherry Xiao, WeChat: leqi_lx.