Cost & Value Engineer

Job Description

Job Description

Cost & Value Engineer 
Location: Christiansburg, Virginia
Work Arrangement: 100% Onsite
Employment Type: Full-Time, Permanent

Department: Industrial Group – Slip Ring & Marine
Reports To: Manager, Operations
Experience Required: 3+ years; typically 2–5 years of relevant experience
Education: Bachelor’s degree in Mechanical Engineering, Industrial Engineering, or Finance

The Cost & Value Engineer (CVE) will help maximize product value while minimizing costs throughout the product life cycle. This role is particularly important during business capture, proposal development, and planning, where technical engineering requirements must be translated into reliable cost estimates that support financially sound business decisions.

Reporting to the Manager, Operations, the engineer will apply bottom-up cost and value engineering methodologies, establish cost-optimization targets, evaluate technical alternatives, and coordinate cross-functional teams to improve product value and manufacturing cost.

The ideal candidate is a cost/value engineering professional with a background in mechanical engineering, industrial engineering, finance, or manufacturing support. They can interpret mechanical drawings and 3D models, develop bottom-up cost calculations, analyze historical cost data, and communicate cost recommendations clearly to technical and business stakeholders.

The candidate should demonstrate:

• Strong proficiency in data analysis, reporting, Microsoft Excel, and PowerPoint.

• Practical experience with bottom-up cost calculations and cross-functional project coordination.

• A sound understanding of engineering principles, mechanical drawings, and 3D models.

• Strong communication, negotiation, facilitation, and presentation skills.

• Confidence in advocating for value-driven cost decisions.

• The ability to manage competing priorities and strict proposal deadlines.

• Willingness to work onsite in Christiansburg, Virginia, and travel approximately 10%.

Required Qualifications

• Bachelor’s degree in Mechanical Engineering, Industrial Engineering, or Finance .

• Minimum of 3 years of experience in a project-oriented or manufacturing-support role.

• In-depth knowledge of engineering principles, mechanical drawings, and 3D models.

• Demonstrated experience with bottom-up cost calculations.

• Experience coordinating or managing cross-functional projects.

• Strong data-analysis, reporting, and Microsoft Office skills, particularly Excel and PowerPoint.

• Excellent written and verbal communication skills.

• Strong negotiation, facilitation, and presentation abilities.

• Ability to work under pressure and meet strict deadlines.

• Ability to work onsite in Christiansburg, Virginia.

• Willingness to travel approximately 10%, including domestic and/or international travel.

• Ability to meet applicable requirements for access to U.S. export-controlled information.