Cost Engineer

ZF Group

. Support Senior Cost Engineers and Product Cost Engineers during the Product Development Process, including Design to Cost and Cost Benchmarks .

Posted 9/29/2026full-timeHyderabad • IndiaMid-LevelSeniorWebsite

Core Competencies

Role fit

Core Competencies

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Demonstrates expertise in Cost Engineering with a focus on manufacturing technologies such as Electro-Mechanics, Forgings, Machining, Stamping, and Castings. Proficient in cost calculations, project management, and cross-functional collaboration to optimize cost structures and support product development processes.

Highest-signal resume keywords

Cost EngineeringManufacturing TechnologiesProject ManagementAnalytical CapabilitiesCommunication Skills

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Cost CalculationsCost BenchmarkingTechnical Change Impact AnalysisManufacturing Process ValidationCost Structure OptimizationTechnology-Specific Master Data CollectionCost Engineering Tools DevelopmentE-Axles KnowledgeAutomatic Transmissions Understanding

Soft Skills

Solution-OrientedAccurate Work StyleTeam CollaborationNetworking Skills

Industry Keywords

Mechanical EngineeringProduction EngineeringAutomotive EngineeringElectro-MechanicsForgingsMachiningStampingCastings

About the role

Key responsibilities & impact

Support Senior Cost Engineers and Product Cost Engineers during the Product Development Process, including Design to Cost and Cost Benchmarks
Generate best-practice product cost calculations using a total-cost approach
Calculate cost impacts associated with technical changes
Execute internal and external manufacturing process validations and evaluate cost performance across Electro-Mechanics, Forgings, Machining, Stamping, and Castings
Identify measures for optimizing cost structures
Collect and document technology-specific master data with internal and external partners
Support the definition and continuous development of group-wide Cost Engineering reference processes
Support continuous development of technology-specific Cost Engineering tools
Participate in international and cross-functional projects and steer subprojects

Requirements

What you’ll need

Bachelor’s Degree in Mechanical, Production, or Automotive engineering with 4–10 years of experience
Studies of Engineering science or comparable education
First work experience in a responsibility suitable for Cost Engineering, such as Production Engineering or Methods department
Knowledge/specialization in manufacturing technologies including Electro-Mechanics, Forgings (Hot & Cold), Machining, Stamping, and Castings
Understanding of E-axles and Automatic Transmissions
Willingness to continuously maintain knowledge at state-of-the-art/best-practice level
Distinct analytical capabilities
Solution-oriented, accurate, and self-dependent way of working
Ability to work in teams
Strong communication and networking skills in local and international contexts
Willingness to travel as needed
Knowledge in Project Management

Benefits

Comp & perks

Extensive training programs
Career development opportunities
Clear path for advancement
Opportunities to work on international projects and collaborate with teams worldwide
Comprehensive health and wellness programs
Flexible work arrangements
Supportive work-life balance
Diverse and inclusive workplace
Innovative work environment
Sustainability-focused workplace