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Cost Modeling Engineer Jobs in California (NOW HIRING)

Use cost models to drive supply chain and scalability strategies * Use your technical expertise to drive engineering and the supply chain team to meet program cost targets at a product and commodity ...

Overall, the Cost Modeler integrates technical, design, manufacturing, supplier, and sustainment ... Experience in engineering, manufacturing, and/or supply-chain environments or concepts.

Cost Engineer

Santa Monica, CA ยท On-site

$70K - $75K/yr

We are currently seeking a Cost Engineer for the Santa Monica office. Responsibility * Collaborate ... Maintain accurate cost models, historical cost databases, and cost benchmarking information to ...

Cost Engineer

Santa Monica, CA ยท On-site

$70K - $75K/yr

We are currently seeking a Cost Engineer for the Santa Monica office. Responsibility * Collaborate ... Maintain accurate cost models, historical cost databases, and cost benchmarking information to ...

Risk Cost Analyst

Sacramento, CA ยท Hybrid

$70K - $110K/yr

Overview Cordoba Corporation is a leading engineering and design firm based in California. We are ... Our business model emphasizes efficiency, fostering a dynamic work environment. We approach ...

Showing results 41-60

Cost Modeling Engineer information

What is the difference between Cost Modeling Engineer vs Cost Analyst?

AspectCost Modeling EngineerCost Analyst
Required CredentialsBachelor's in Engineering, Finance, or related field; certifications like CPC or CMA beneficialBachelor's in Finance, Accounting, or related field; certifications like CPA or CMA beneficial
Work EnvironmentEngineering teams, manufacturing, or project-based settingsFinance departments, manufacturing, or corporate offices
Employer & Industry UsageManufacturing, aerospace, automotive, energyManufacturing, government, consulting firms
Common Search & ComparisonYesYes

The Cost Modeling Engineer focuses on developing detailed cost models for products and projects, often requiring engineering knowledge. The Cost Analyst primarily analyzes cost data to support budgeting and financial decision-making. While both roles involve cost analysis, the engineer emphasizes model creation and technical cost estimation, whereas the analyst concentrates on interpreting cost data for strategic insights.

How much do cost modeling engineers make in the US?

Cost modeling engineers in the US typically earn between $70,000 and $120,000 annually, depending on experience, education, and industry. Senior roles or those with specialized skills in data analysis and financial modeling can earn higher salaries, often exceeding $130,000. Compensation may also include bonuses and benefits based on company and location.

What cities in California are hiring for Cost Modeling Engineer jobs?

Cities in California with the most Cost Modeling Engineer job openings:

Energy Systems Modeler

San Francisco, CA โ€ข On-site

Pattern Energy Group LP
Clean Energy Semiconductors Manufacturingย โ€ขย 501 - 1,000 employees

$86K - $108K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 9 days ago


Job description

Overview

Company Overview

Pattern Energy is a leading renewable energy companyย that develops, constructs, owns, and operates high-quality wind and solar generation, transmission, and energy storage facilities. Our mission is to transition the world to renewable energy through the sustainable development and responsible operation of facilities with respect for the environment, communities, and cultures where we have a presence.ย 

Our approach begins and ends with establishing trust, accountability, and transparency. Our company values of creative spirit, pride of ownership, follow-through, and a team-first attitude driveย usย to pursue our mission every day. Our culture supports our values by fostering innovative and critical thinking and a deep belief in living up to our promises.ย ย 

Headquartered in the United States, Pattern has a global portfolio of more than 30 power facilities and transmission assets, serving variousย customers that provide low-cost clean energy to millions of consumers.

Responsibilities

Job Purpose

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The Energy Modeler role utilizes Pattern's internal capacity expansion and production cost modeling suite (WIS:dom) to analyze North American energy markets and develops a comprehensive view of the current Pattern pipeline of construction, operating asset performance, and market dynamics that might create opportunities or risks. The role will assist ESP providing business actionable analysis to other departments of Pattern, including evaluating the value of assets, supporting operation, and incorporating complex grid and weather data into other business decisions. The Energy Modeler will: evaluate and update the codebase underlying the WIS:dom model to understand, improve, or add functionality to the code; understand and process model inputs in the context of current markets and business needs; run WIS:dom optimization models to support business decisions; and analyze and communicate results to business partners.

Key Accountabilities

  • Execute model simulations using the WIS:dom suite of tools. Provide output analysis of these simulations to the ESP team and external groups. Simulate energy systems under different scenarios (e.g., policy changes, technology adoption, or market fluctuations). Conduct forecasting for energy demand and supply, over different time horizons (hours to years).
  • Integrate large datasets into the modeling framework. Gather and validate input data for models, including energy demand, resource availability, market trends, and environmental constraints. Find available market data and translate data into modeling WIS:dom parameters and maintain version control and documentation of changes
  • Automate repetitive tasks and enhance existing workflows to improve modeling accuracy and efficiency
  • Translate complex model outputs into actionable insights for decision-makers, including engineers, project managers, and policymakers.
  • Work with multidisciplinary teams, including modelers, developers, analysts, GIS, and transmission analysts to align models with real-world conditions and objectives. Assist development of Pattern mathematical models and simulations of energy systems (WIS:dom modeling suite).
  • Make customizations to WIS:dom branches and assumptions that could impact Pattern business decisions.
Qualifications

Experience/Qualifications/Education Required

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Education:

  • Bachelor's and/or master's in electrical engineering, economics, mathematics, or a related quantitative field (power system emphasis desired).

Experience/Qualifications:

  • 3-5 years of experience in energy trading, renewables development or energy industry forecasting/analytics/research.
  • High level of understanding of capacity expansion and production cost modeling either commercial (e.g., AURORA, SERVM, RESOLVE, PLEXOS, GE MAPS, PROMOD, UPLAN) or open source (e.g., ReEDs, PyPSA, GenX, TIMES).
  • Familiarity with optimization techniques and algorithms (e.g., linear programming, Monte Carlo simulations).
  • Knowledge of energy systems (renewable and conventional) and grid operations.
  • Ability to work with large datasets, ensuring data integrity and reliability.
  • Strong problem-solving skills for complex energy scenarios.
  • Ability to manage deadlines, coordinate across teams, and handle multiple modeling tasks simultaneously.

Technical Skills:

  • Excellent programming skills in languages commonly used for energy modeling (e.g., Python, GAMS, Julia).
  • Experience with software development best practices (e.g., version control with Git).
  • Familiarity with high performance computing (HPC) environments.
  • Preferred: experience with cloud platforms and large-scale data tools (e.g., Azure, Databricks).

The expected starting pay range for this role is $86,000 - $108,000 USD. This range is an estimate and base pay may be above or below the ranges based on several factors including but not limited to location, work experience, certifications, and education. In addition to base pay, Pattern's compensation program includes a bonus structure for full-time employees of all levels. We also provide a comprehensive benefits package which includes medical, dental, vision, short and long-term disability, life insurance, voluntary benefits, family care benefits, employee assistance program, paid time off and bonding leave, paid holidays, 401(k)/RRSP retirement savings plan with employer contribution, and employee referral bonuses.

Pattern Energy Group is an Equal Opportunity Employer.

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Employment Type: OTHER