Cost Engineer - Electrical

Cost Engineer – Electrical develops direct material costs and tooling investments for Electrical and Electronics components using activity-based costing methodology while working from bill of materials, drawings and/or samples. Cost Engineer responsibilities will include use of Stellantis component cost methodologies and processes to develop, analyze, and provide guidance for cost convergence to internal stakeholders. The Cost Engineer will assist the worldwide teams with technical cost evaluation services to estimate component costs for projects in advanced through serial life cycle phases.An ability to be agile, curious, and an engaging cross functional teammate is required to support cost evaluation activities within a global organization.Key deliverables:Development of component costs for new programs (“cost engineering estimate” at initial concept; “should cost calculation” through bottom-up approach for new & modified purchased components based on the ‘how it’s made’ manufacturing process)Provide Engineering support during vehicle development phase for target achievement (Design to Cost)Development of tooling costs for new programsProvide purchasing support during supplier negotiations through gap analysis of supplier’s price breakdown detailProvide Engineering with support during the vehicle development phase for target achievement (Design to Cost)Support of the Global Cost Initiative and Worldwide Component Cost comparisons/studiesSupport of Benchmarking and Value Optimization (VO) activities including support of serial life should cost requestsThe CE works closely with Engineering, Buyer, other CTPC functions, Finance and supplier representativesFor Cost Engineer – Infotainment & Hardware Design, the CE should have understanding of global domain of infotainment and HPC (High Process Computer) (SoC/SiP, memories, SW capability, WiFi/BT, SGW, up-integration)The Cost Engineer will assist the worldwide teams with technical services to estimate component prices for the new technologies.The mission:Contribute to the Strategic Up Integration Vision for Stellantis’s ECUsProvide Long-term techno-economical guidance and direction for individuals and projects productsStay one step ahead of the product development, challenge and set contacts with componentsKey responsibilities include but not limited to:Research relevant market trends, industrial standards, and innovationsPerform Competitive Benchmarking and suggest value optimization ideas to programs to ensure the competitiveness of Stellantis solutionsIdentify potential cost optimization opportunities and support company technical cost reduction activities. This may include periodic Supplier visits to maintain & improve internal know-how of manufacturing processes & best practicesProvide global component cost comparison analysis by working within the Cost Engineering Community Research relevant market trends, industrial standards, and innovationsBuild and maintain techno-economical competences for infotainment and HPC/Radio/Infotainment technologiesBuild and maintain HPC/Radio/Infotainment model plant specificitiesEvaluate and negotiate the ED&D with suppliersWork with Suppliers and solutions providers to influence and align their future roadmap with Stellantis to ensure the competitiveness of Stellantis SolutionBasic Qualifications:Bachelor of Science degree in Electronics or Electrical Engineering or related scientific field.A minimum of 5 years of experience in the Auto industryExcellent communication skills and ability to create high quality presentation materials and reports for presentation to management levelsMust demonstrate a high level of organization and ability to track a high number of part numbers and part complexityProficient in MS Office suite of tools including PowerPoint, Excel and WordAbility to interface with all levels of the enterprise, across multiple organizations and regionsBasic component knowledgePreferred Qualifications:Master of Science degree in Electrical Engineering or related scientific fieldWorking knowledge of component development and the steps required to deliver a solutionFamiliarity with Cost Model elements and how to apply Activity Based Costing to component cost developmentExperience in production facilities along with knowledge of how electronic parts are madeWorking knowledge of software development and the steps required to deliver a solutionFamiliarity with Cost Model elements and how to apply Activity Based Costing to component cost developmentBrand: FCA GroupJob ID: 2016186Employment Type: Full-timeJob Area: FinancePosted Date: 30/04/2026