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Cost Engineer Jobs in Indiana (NOW HIRING)

Cost Accountant

Indianapolis, IN · On-site

$59K - $79K/yr

You will partner with Operations, Engineering, Supply Chain, and Accounting teams to validate bills of materials (BOMs), routings, inventory transactions, and manufacturing cost drivers to ensure ...

Cost Accountant

Indianapolis, IN · On-site

$59K - $79K/yr

You will partner with Operations, Engineering, Supply Chain, and Accounting teams to validate bills of materials (BOMs), routings, inventory transactions, and manufacturing cost drivers to ensure ...

Cost Accountant

Auburn, IN

$61K - $81K/yr

In this role, youwill partner with operations and engineering personnel to identify andimplement cost-reduction opportunities and provide business leadership withcost analysis to support decision ...

Cost Accountant

Auburn, IN

$61K - $81K/yr

In this role, youwill partner with operations and engineering personnel to identify andimplement cost-reduction opportunities and provide business leadership withcost analysis to support decision ...

Cost Accountant

Hobart, IN · On-site

$88K - $92K/yr

With hundreds of engineers inhouse, the company designs, manufactures, integrates, and installs the ... The Cost Accountant ensures the integrity of cost accounting information by planning, studding and ...

Cost Accountant

Auburn, IN · On-site

$61K - $81K/yr

In this role, youwill partner with operations and engineering personnel to identify andimplement cost-reduction opportunities and provide business leadership withcost analysis to support decision ...

Cost Accountant

West Lafayette, IN

$63K - $84K/yr

Cost Accountant Office Location: West Lafayette, IN Work Model: Onsite About SK hynix America At SK hynix America, we're at the forefront of semiconductor innovation, developing advanced memory ...

Within CO&I, the Engineering Procurement & Construction (EPC) organization is responsible for ... Cost Reporting: Work with the PMQS, GC and project controls to ensure that the full suite of cost ...

Showing results 21-40

Cost Engineer information

See Indiana salary details

$43.3K

$92.3K

$132.7K

How much do cost engineer jobs pay per year?

As of Aug 19, 2026, the average yearly pay for cost engineer in Indiana is $92,347.00, according to ZipRecruiter salary data. Most workers in this role earn between $77,100.00 and $108,500.00 per year, depending on experience, location, and employer.

What is a cost engineer?

Cost Engineers are professionals who specialize in estimating, managing, and controlling the costs associated with engineering projects. They analyze project plans, materials, labor, and time requirements to develop accurate cost projections and budgets. Cost Engineers play a crucial role in helping organizations optimize resources, minimize expenses, and ensure projects are completed within financial constraints. Their expertise is essential in industries such as construction, manufacturing, and energy.

What does a cost engineer do?

As a cost engineer, you estimate the various costs associated with a project. You can perform your duties in a variety of settings and industries. Many cost engineers work in construction, manufacturing, or other industrial enterprises. In these positions, your responsibilities focus on using technical knowledge to forecast expenses for all phases of the project accurately. You help create a budget that includes time, materials, labor costs, and other factors. These other factors may include things like travel, taxes, and security needs. Cost engineers use specialized software to organize their cost figures and compile information for creating a budget.

What are the key skills and qualifications needed to thrive as a cost engineer, and why are they important?

A Cost Engineer requires a solid background in engineering, mathematics, or finance, often supported by a relevant degree and experience with budgeting and cost estimation. Familiarity with cost management software (like Primavera or SAP), project management systems, and industry certifications such as AACE or PMP are typically important. Strong analytical thinking, attention to detail, and effective communication help Cost Engineers collaborate with project teams and stakeholders. These competencies are crucial to ensure project costs are accurately estimated, controlled, and aligned with business objectives.

How does a cost engineer typically collaborate with project managers and other departments during a project's lifecycle?

Cost Engineers work closely with project managers, procurement teams, and engineering staff to ensure project costs remain within budget and financial risks are minimized. They participate in regular project meetings, provide cost forecasts, and analyze potential cost overruns. Their role often involves reviewing vendor quotes, coordinating with schedulers to align budgets and timelines, and preparing detailed cost reports for stakeholders. This cross-functional collaboration is essential to proactively identify issues and support informed decision-making throughout the project.

What is the difference between Cost Engineer vs Cost Estimator?

AspectCost EngineerCost Estimator
CredentialsTypically requires a degree in engineering, construction management, or related field; certifications like AACE International's CCP or CEOften holds a degree in construction management, engineering, or related; may also have certifications like AACE CCP
Work EnvironmentWorks on project cost control, budgeting, and financial analysis during project executionFocuses on preparing cost estimates for project bids and proposals
Industry UsageUsed throughout project lifecycle, especially in engineering and construction projectsPrimarily involved during project planning and bidding phases

While both roles involve cost analysis, a Cost Engineer manages ongoing project costs and controls, whereas a Cost Estimator focuses on initial cost projections for bids. Understanding these differences helps in selecting the right career path or job role in the construction and engineering industries.

How much do cost engineers make in the US?

Cost engineers in the US typically earn a median annual salary of around $80,000 to $100,000, with experienced professionals and those in senior roles earning over $120,000. Salaries vary based on industry, location, experience, and certifications such as AACE International's certifications.

What degree do you need to be a cost engineer?

A cost engineer typically needs a bachelor's degree in engineering, construction management, finance, or a related field. Some employers prefer candidates with a master's degree or professional certifications such as the Certified Cost Professional (CCP) or Certified Estimating Professional (CEP). Strong analytical skills and experience with project management tools are also important.

What job categories do people searching Cost Engineer jobs in Indiana look for?

The top searched job categories for Cost Engineer jobs in Indiana are:

What cities in Indiana are hiring for Cost Engineer jobs?

Cities in Indiana with the most Cost Engineer job openings:

What are popular job titles related to Cost Engineer jobs in IN?

For Cost Engineer jobs in IN, the most frequently searched job titles are:

Infographic showing various Cost Engineer job openings in Indiana as of August 2026, with employment types broken down into 66% Full Time, and 34% Contract. Highlights an 100% In-person job distribution, with an average salary of $92,347 per year, or $44.4 per hour.

Manufacturing Engineer - Cost Specialist

Howmet Aerospace

La Porte, IN • On-site

Full-time

Posted 29 days ago


Howmet Aerospace rating

7.8

Company rating: 7.8 out of 10

Based on 162 frontline employees who took The Breakroom Quiz

49th of 72 rated aerospace companies


Job description

We are seeking an experienced Manufacturing Engineer with a strong automotive background who is ready to bring their expertise into a new industry. This role is ideal for an engineer who understands high‑volume production, cost‑driven decision‑making, and disciplined process control — and is looking to apply those strengths in a fresh environment with new challenges and technologies.

If you excel at building the cost of manufacturing a component from the ground up, optimizing processes, and driving measurable improvements, you’ll thrive here.

Role Overview

As a Manufacturing Engineer, you will take ownership of production processes, cost structures, and continuous improvement initiatives for a key product area. You’ll apply your automotive experience — including workflow optimization, cost modeling, and quality‑focused engineering — to help us strengthen efficiency, reduce waste, and improve overall manufacturing performance.

This role is perfect for someone who wants to broaden their industry experience while still leveraging the technical and financial skills developed in automotive manufacturing.

Key Responsibilities

Costing & Financial Insight

  • Build complete manufacturing cost models for components, including labor, materials, equipment, tooling, overhead, and process flow.

  • Analyze cost drivers and identify opportunities for reduction through process changes, tooling improvements, workflow adjustments, or sourcing strategies.

  • Support leadership with clear, data‑based cost insights to guide investment decisions and operational priorities.

  • Partner with cross‑functional teams to validate cost assumptions and ensure alignment with production realities.

Process Improvement & Optimization

  • Evaluate current manufacturing processes and identify opportunities to improve efficiency, throughput, and consistency.

  • Apply automotive‑grade problem‑solving and continuous improvement methods to reduce waste and strengthen process reliability.

  • Lead improvement projects focused on safety, quality, delivery, and cost.

  • Support the development of standard work, process documentation, and training materials.

Production Support & Daily Operations

  • Provide hands‑on engineering support to resolve production issues and maintain stable operations.

  • Collaborate with operations, quality, maintenance, and supply chain to ensure smooth workflow and timely issue resolution.

  • Monitor key performance indicators and help teams understand daily progress toward goals.

Tooling, Equipment & New Technology

  • Support tooling and equipment improvements that enhance quality, reduce cost, or simplify production.

  • Participate in equipment evaluations, vendor discussions, and implementation of new technologies.

  • Assist with capital project justification through cost modeling and operational impact analysis.

Cross‑Industry Adaptation

  • Translate automotive best practices into new manufacturing environments.

  • Bring fresh perspective to process discipline, cost control, and high‑volume production methodologies.

  • Help build stronger systems, documentation, and workflows by applying proven automotive approaches.


Required Qualifications

  • Bachelor’s degree in Mechanical, Industrial, Manufacturing Engineering, or related field
  • 5+ years of manufacturing engineering experience, preferably in automotive or other high‑volume production
  • Strong understanding of manufacturing cost structures and component cost modeling
  • Experience with process improvement, workflow optimization, and structured problem‑solving
  • Ability to interpret engineering drawings and understand manufacturing requirements
  • Strong communication, analytical, and organizational skills
  • Employees must be legally authorized to work in the United States. Verification of employment eligibility will be required at the time of hire. Visa sponsorship is not available for this position.
  • This position entails access to export-controlled items and employment offers are conditioned upon an applicant's ability to lawfully obtain access to such items.

Preferred Qualifications

  • Experience transitioning between industries or supporting diverse product lines
  • Background in tooling, fixtures, or equipment improvement
  • Familiarity with lean manufacturing or Six Sigma methodologies
  • Strong financial literacy and comfort presenting cost‑based recommendations

What Howmet Aerospace employees say

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About Howmet Aerospace

Sourced by ZipRecruiter

Howmet Aerospace Inc. (NYSE: HWM), headquartered in Pittsburgh, Pennsylvania, is a leading global provider of advanced engineered solutions for the aerospace and transportation industries. The Company's sales for 2021 approximated $5 billion. The Company's primary businesses focus on jet engine components, aerospace fastening systems, titanium structural parts and forged wheels. With nearly 1,150 granted and pending patents, the Company's differentiated technologies promote more fuel efficiency for aircraft and commercial transportation. Howmet is proud to be an Equal Employment Opportunity and Affirmative Action employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Industry

Aviation

Company size

10,000+ Employees

Headquarters location

Pittsburgh, PA, US

Year founded

1888