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Cost Engineer Jobs in Rochester, MI (NOW HIRING)

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Vehicle Cost Engineer (Interior Seat Department)

Auburn Hills, MI · On-site

$43/hr

Cost Engineer - Great opportunity to get in with a big time company! Location: Auburn Hills, MI Schedule: First shift (may require some schedule flexibility to support global teams) Pay Rate: $43.08 ...

Apex Systems

Cost Analyst

Auburn Hills, MI · On-site

The finance coordinator will be 1 out of a 4-person team (Team of 4) comprised of a Buyer, Engineer, Cost Engineer, and Finance Coordinator. In addition to validating ideas and building business ...

Brightwing

Cost Analyst

Detroit, MI · On-site

$50 - $65/hr

Experience in operating system software utilized by the Corporation (e.g Maximo, SAP R/3, SRM, BW) Association for the Advancement of Cost Engineering (AACE) certification Proficient in Earned Value ...

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Showing results 21-40

All JobsCost Engineer JobsCost Engineer Jobs in Rochester, MI

Cost Engineer information

See Rochester, MI salary details

$41.9K

$89.3K

$128.4K

How much do cost engineer jobs pay per year?

As of Aug 22, 2026, the average yearly pay for cost engineer in Rochester, MI is $89,328.00, according to ZipRecruiter salary data. Most workers in this role earn between $74,600.00 and $104,900.00 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.
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What cities near Rochester, MI are hiring for Cost Engineer jobs?

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Cost Engineer jobs near you
Infographic showing various Cost Engineer job openings in Rochester, MI 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 $89,328 per year, or $42.9 per hour.

Cost Engineer -27382

iMPact Business Group

Pontiac, MI • On-site

Other

Posted 19 days ago

Job description

Turn Manufacturing Data into Strategic Cost Advantages

Direct-hire/permanent opportunity

Hybrid Schedule - Mon-Thurs onsite, remote on Fridays.


Our client is seeking a Cost Analyst/Engineer focused on purchased parts & production processes to support sourcing, product development, and cost optimization initiatives across a global manufacturing environment. This role is ideal for an analytical professional who understands manufacturing processes and enjoys uncovering opportunities to improve cost transparency, support supplier negotiations, and drive informed business decisions.

Working closely with Purchasing, Engineering, Supply Chain, and Operations teams, this position will develop detailed cost models for purchased components and manufacturing processes while identifying cost drivers, evaluating supplier quotations, and supporting value engineering initiatives. The successful candidate will combine strong analytical capabilities with practical manufacturing knowledge to influence profitability and operational performance.


Key Responsibilities

  • Develop detailed should-cost models for purchased components, raw materials, manufacturing processes, and supplier cost structures.
  • Analyze manufacturing processes including machining, molding, stamping, fabrication, assembly, and other production operations to identify cost drivers and optimization opportunities.
  • Support supplier negotiations through fact-based cost analysis and benchmarking.
  • Evaluate supplier quotations and identify opportunities for cost reduction, productivity improvements, and value enhancement.
  • Partner with Engineering teams on design-to-cost and Value Analysis/Value Engineering (VAVE) initiatives.
  • Provide cost analysis and financial input during new product development and sourcing activities.
  • Monitor and analyze raw material pricing, manufacturing costs, labor trends, and market conditions impacting supplier costs.
  • Develop cost breakdowns covering materials, labor, overhead, tooling, logistics, and supplier margins.
  • Prepare reports, presentations, and recommendations for leadership and cross-functional stakeholders.
  • Support strategic sourcing decisions through cost modeling and risk assessment.
  • Maintain cost databases, benchmarks, and historical pricing information.
  • Collaborate with Purchasing, Engineering, Finance, and Supply Chain teams to improve cost visibility and decision-making.
  • Identify opportunities for continuous improvement in cost analysis methodologies and reporting processes.
  • Support special projects and additional responsibilities as assigned.


Required Qualifications

  • Bachelor's degree
  • 3+ years of experience in cost analysis, manufacturing engineering, sourcing, procurement, supply chain, finance, or a related discipline.
  • Strong understanding of manufacturing processes and cost drivers.
  • Experience analyzing purchased components, supplier pricing, or manufacturing operations.
  • Advanced Microsoft Excel skills including data analysis, modeling, and reporting.
  • Strong analytical, problem-solving, and critical thinking abilities.


Preferred Qualifications

  • Experience with should-cost modeling and supplier cost analysis.
  • ERP system experience
  • Familiarity with global sourcing and international supply chains.
  • Experience supporting supplier negotiations and sourcing initiatives.
  • Understanding of VAVE, design-to-cost, and cost reduction methodologies.


Titles Encouraged to Apply

  • Cost Engineer
  • Manufacturing Cost Analyst
  • Should Cost Analyst
  • Strategic Sourcing Analyst
  • Procurement Analyst
  • Value Engineering Analyst
  • Product Cost Engineer


Why Consider This Opportunity?

  • Opportunity to directly influence sourcing decisions and business profitability.
  • High-visibility role partnering with Engineering, Purchasing, Finance, and Supply Chain leaders.
  • Exposure to advanced manufacturing processes and global supply chain operations.
  • Involvement in cost reduction, supplier negotiations, and product development initiatives.
  • Collaborative environment focused on continuous improvement and operational excellence.


If you're passionate about manufacturing, cost analysis, supplier economics, and data-driven decision-making, we encourage you to apply.

Apply