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Cost Engineer
General Motors. Develop, grow, and continuously improve cost knowledge and cost modeling tools .
Core Competencies
Role fitCore Competencies
Use this summary to align your resume positioning with the role.
Demonstrates expertise in Activity Based Costing, Cost Optimization, and Design to Cost methodologies, with a strong background in automotive component analysis and supplier negotiations. Proficient in data analytics and costing software, capable of training others and improving cost modeling processes.
Highest-signal resume keywords
Activity Based CostingCost OptimizationDesign to Cost/VAVEAutomotive Component ExperienceData Analytics
ATS Keywords
Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills
Cost ModelingShould-Cost EstimatingCost Insights DevelopmentSupplier Quote AnalysisManufacturing Process ExperienceCosting Software ProficiencyCommercial NegotiationsBenchmarkingTooling AnalysisHigh Volume Automotive Applications
Soft Skills
CollaborationTrainingAdvocacy
Industry Keywords
Automotive Tier 1 SupplierInjection MoldingStampingBrazingAluminum ExtrusionSMT/ElectronicsCastingMachiningGeneral AssemblyCost Standards Development
Tech Stack
Tools & technologiesAssembly
About the role
Key responsibilities & impact- Develop, grow, and continuously improve cost knowledge and cost modeling tools
- Perform ground-up should-cost estimating for materials, vendor tooling, and ED&D for assigned components and subsystems
- Evaluate GM and competitor design solutions and their cost implications
- Develop timely estimates and cost insights to support new vehicle program business cases, targeted costs, and profitability improvements
- Evaluate supplier quotes against estimated costs for sourcing and engineering changes
- Extract insights on cost gaps and support Purchasing in data-driven supplier negotiations
- Identify, advocate for, and support savings opportunities through design-to-cost/VAVE and commercial gap resolution
- Collaborate cross-functionally with Purchasing and Engineering partners
- Work on special projects and assignments to improve cost results and process effectiveness
- Support development of process and estimating standards for supplier automation levels
- Train new Cost Engineers on activity-based costing and GM tools
- Work under a hybrid policy of three days in-office and two days remote
Requirements
What you’ll need- Bachelor's degree in Business, Finance, Engineering, Mechatronic Engineering, or related field of study
- Three (3) years of experience as a Cost Engineer, Launch Engineer, Product Engineer, or related role
- Three (3) years of experience with Activity Based Costing, including material piece cost, ED&D, and tooling from design math and “black box” physical sample tear down
- Manufacturing process experience including injection molding, stamping, brazing, aluminum extrusion, SMT/electronics, casting, machining, and general assembly for high volume automotive component applications
- Automotive component experience with a variety of components
- Automotive Tier 1 Supplier Quote Analysis
- Commercial negotiations including material piece cost, ED&D, and vendor tooling with international Tier 1 automotive component suppliers
- Design to Cost/VAVE, Cost Optimization, and Benchmarking
- Data Analytics
- Costing software proficiency, demonstrating command of it, and training other people
- Must be able to report to the local office
Benefits
Comp & perks- Benefits supporting employee well-being at work and at home
- Reasonable accommodations for applicants with disabilities
- Inclusive, non-discriminatory workplace