Vehicle Cost Engineer
Job Description
Job Description
Cost Engineer (Multiple Openings – 26 Roles) - Great opportunity to get in with a big time company!
Location: Auburn Hills, MI
Schedule: First shift (may require some schedule flexibility to support global teams)
Pay Rate: $43.08/hour
We are actively hiring 6 Cost Engineers to support multiple functional areas within a global automotive environment. These roles will focus on developing detailed cost estimates for components and tooling using an activity-based costing approach.
This is a high-impact opportunity to work cross-functionally with engineering, purchasing, finance, and supplier teams in a fast-paced, global setting.
Key Responsibilities
- Develop component cost estimates for new vehicle programs
- Perform early-phase cost analysis and detailed “should-cost” modeling
- Analyze bills of material, drawings, and physical components to determine manufacturing costs
- Support design-to-cost initiatives during product development
- Partner with purchasing teams to support supplier negotiations through cost breakdown and gap analysis
- Conduct benchmarking and value optimization activities
- Collaborate with global engineering, finance, and supplier teams
- Provide cost comparisons across regions and programs
Basic Qualifications
- Bachelor’s degree in Engineering or related technical field
- Minimum of 5 years of experience in automotive or a related industry
- Strong verbal and written communication skills
- Ability to manage a high volume of parts with varying complexity
- Proficiency in Microsoft Excel, PowerPoint, and Word
- Ability to work cross-functionally across multiple teams and global regions
Preferred Qualifications
- Experience with activity-based costing and cost modeling structures
- Background in one or more of the following:
- Design Engineering
- Manufacturing Engineering
- Tooling / Component Development
- Purchasing / Supplier Management
What We’re Looking For
- Strong analytical mindset with attention to detail
- Ability to operate in a fast-paced, high-volume environment
- Collaborative approach with global teams
- Curiosity and drive to understand how components are designed and manufactured
Additional Notes
- Multiple hires will be made across different functional teams
- Candidates should be clearly labeled for the specific group they align with when submitted
- These roles support global teams, so some schedule flexibility may be required
Please apply now - Jared Petrill
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