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Cost Modeling Engineer Jobs (NOW HIRING)

We are looking for an applied AI Modeling Engineer to improve the intelligence, accuracy, safety, latency, and cost of Palona's voice and multimodal agents. You will own problems across model ...

We are looking for an applied AI Modeling Engineer to improve the intelligence, accuracy, safety, latency, and cost of Palona's voice and multimodal agents. You will own problems across model ...

Senior Cost Engineer

Hagerstown, MD · On-site

$73K - $117K/yr

The Senior Cost Engineer is responsible for developing, validating, and managing product and ... Support pricing strategies through cost modeling and margin analysis * Conduct variance analysis ...

We are looking for an applied AI Modeling Engineer to improve the intelligence, accuracy, safety, latency, and cost of Palona's voice and multimodal agents. You will own problems across model ...

Senior Cost Engineer

Spartanburg, SC · On-site

$73K - $117K/yr

The Senior Cost Engineer is responsible for developing, validating, and managing product and ... Support pricing strategies through cost modeling and margin analysis * Conduct variance analysis ...

Senior Cost Engineer

Oshkosh, WI · On-site

$73K - $117K/yr

The Senior Cost Engineer is responsible for developing, validating, and managing product and ... Support pricing strategies through cost modeling and margin analysis * Conduct variance analysis ...

We are looking for an applied AI Modeling Engineer to improve the intelligence, accuracy, safety, latency, and cost of Palona's voice and multimodal agents. You will own problems across model ...

We are looking for an applied AI Modeling Engineer to improve the intelligence, accuracy, safety, latency, and cost of Palona's voice and multimodal agents. You will own problems across model ...

We are looking for an applied AI Modeling Engineer to improve the intelligence, accuracy, safety, latency, and cost of Palona's voice and multimodal agents. You will own problems across model ...

Oversee ground-up cost modeling across major vehicle systems to support sustaining programs and change actions. * Drive agile, accurate evaluation of engineering change requests (ECRs), providing ...

Cost Reduction Engineer

Poway, CA · On-site

$52.88 - $62.50/hr

Support cost modeling and value engineering activities across multiple product lines to ensure consistent, scalable cost reduction practices. * Track, quantify, and communicate savings opportunities ...

New

In this role, you will develop cost models, evaluate manufacturing scenarios, and partner with engineering and business teams to deliver cost-effective solutions in a global manufacturing environment.

Cost Engineer Manager

$95K - $153K/yr

Cost Engineer Manager - Hybrid This is a hybrid role with a minimum of 3 days on-site weekly is ... Execute and manage cost modelingbySBD cost modeling methods and outputs * Identifycost savings ...

Cost Engineer Manager - Hybrid This is a hybrid role with a minimum of 3 days on-site weekly is ... Execute and manage cost modelingbySBD cost modeling methods and outputs * Identifycost savings ...

Showing results 21-40

Cost Modeling Engineer information

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$45.5K

$97K

$139.5K

How much do cost modeling engineer jobs pay per year?

As of Sep 13, 2026, the average yearly pay for cost modeling engineer in the United States is $97,048.00, according to ZipRecruiter salary data. Most workers in this role earn between $81,000.00 and $114,000.00 per year, depending on experience, location, and employer.

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 are hiring for Cost Modeling Engineer jobs?

Cities with the most Cost Modeling Engineer job openings:

What states have the most Cost Modeling Engineer jobs?

States with the most job openings for Cost Modeling Engineer jobs include:

What are popular job titles related to Cost Modeling Engineer jobs?

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

Infographic showing various Cost Modeling Engineer job openings in the United States as of June 2026, with employment types broken down into 88% Full Time, 10% Part Time, and 2% Contract. Highlights an 87% Physical, 3% Hybrid, and 10% Remote job distribution, with an average salary of $97,048 per year, or $46.7 per hour.

Manufacturing Engineer - Cost Specialist

La Porte, IN • On-site

Howmet Aerospace
Aviation • 10K+ employees

Other

Re-posted 24 days ago


Howmet Aerospace rating

7.8

Company rating: 7.8 out of 10

Based on 166 frontline employees who took The Breakroom Quiz


Job description

Manufacturing Engineer - Cost SpecialistJob Info
  • Job Identification 118516
  • Job Category Engineering
  • Posting Date 07/21/2026, 05:54 PM
  • Locations 1110 East Lincoln Way, Laporte, IN, 46350-3954, US (On-site)
  • Job Schedule Full time
  • Export-Controlled Data 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
Responsibilities

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

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.

QualificationsRequired 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
About Us

Howmet Aerospace Inc. (NYSE: HWM), headquartered in Pittsburgh, Pennsylvania, is a leading global provider of advanced engineered solutions for the aerospace and transportation industries. Our primary businesses focus on jet engine components, aerospace fastening systems, titanium structural parts and forged wheels. With $8.3 Billion in revenue in 2025, our products play a crucial role in enabling fuel efficiency and lightweighting, contributing to our customers’ success and making a positive impact on the world. To learn more about the way Howmet Aerospace Inc. is advancing the sustainability of our customers, markets, and communities where we operate, review the 2025 Environmental Social and Governance report at www.howmet.com/esg-report . Follow: LinkedIn , Twitter , Instagram , Facebook , and YouTube .

Equal Opportunity Employer:

Howmet is proud to be an Equal Employment Opportunity employer. We are committed to creating an inclusive environment for all employees. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or other applicable legally protected characteristics.

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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