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Lead Cost Engineer Jobs (NOW HIRING)

Define cost and time deltasvs.lead plants and develop project-based action plans to close gaps ... Project Engineering Support&Project Management * Support project engineers with cost analyses for ...

Cost Engineer

Manhattan, NY · On-site

$110K - $120K/yr

Lead the development of independent cost estimates for change orders including quantity takeoff ... Bachelor's Degree in Engineering, Construction Management, Finance, or Business Analytics

The Cost Engineer is responsible maintaining a true and accurate cost structure and coordinating ... Take the lead in developing quarterly cost to complete reports. * Review and process change orders ...

The Cost Engineer is responsible maintaining a true and accurate cost structure and coordinating ... Take the lead in developing quarterly cost to complete reports. * Review and process change orders ...

Manages, estimating and cost planning activities to include taking ownership of and presenting the ... Sound knowledge of value engineering, life cycle costing, and commercial decision-making.

Knowledge of PLEX or other industry-standard cost engineering software, such as Oracle Primavera ... Ability to work and lead different groups to work together as a team * Strong Excel, Word, and ...

Senior Cost Engineer

Foster City, CA · On-site

$187K - $225K/yr

As a Senior Cost Engineer, you will support the Vehicle Program team by taking ownership of the ... Own and lead the execution of cost estimating and modeling processes within Vehicle Development

The cost engineer working in the PPCO / Product Program Cost Optimization team will be responsible ... lead the change that will make our world better, safer and more equitable for all. Why Join Us We ...

As a Senior Cost Engineer, you will support the Vehicle Program team by taking ownership of the ... Own and lead the execution of cost estimating and modeling processes within Vehicle Development

Senior Cost Engineer

Foster City, CA · On-site

$187K - $225K/yr

As a Senior Cost Engineer, you will support the Vehicle Program team by taking ownership of the ... Own and lead the execution of cost estimating and modeling processes within Vehicle Development

The cost engineer working in the PPCO / Product Program Cost Optimization team will be responsible ... lead the change that will make our world better, safer and more equitable for all. Why Join Us We ...

Cost Engineer (Temp)

Calvert, AL · On-site

$35 - $45/hr

The Cost Engineer acts as plant controller/financial advisor for the respective plant. Plan ... This individual is an active member of the mill management team and is expected to lead and support ...

We plan to lead in this new era of luxury electric by returning to the fundamentals of great design ... As a Staff Engineer, Cost Engineering, you will join our high-caliber Cost Engineering team at ...

The Construction Cost Engineer will be the owner-side commercial lead across a portfolio of complex, large-scale developments, with a focus on data centers and mission-critical infrastructure. You ...

As a Product Cost Engineer at Meta Reality Labs, you will manage all aspects of the financial ... Lead cross-functional cost reviews to report actual versus target costs and risks and opportunities ...

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Lead Cost Engineer information

See salary details

$45.5K

$97K

$139.5K

How much do lead cost engineer jobs pay per year?

As of Jun 30, 2026, the average yearly pay for lead cost 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 are the key skills and qualifications needed to thrive as a Lead Cost Engineer, and why are they important?

To thrive as a Lead Cost Engineer, you need strong analytical skills, expertise in cost estimation, and a degree in engineering, construction management, or a related field. Familiarity with industry-standard cost management software such as Primavera, SAP, or CostX, and relevant certifications like AACE's Certified Cost Professional (CCP) are typically required. Exceptional leadership, attention to detail, and effective communication skills help you manage teams and collaborate with stakeholders. These skills and qualities are crucial for delivering accurate project cost controls, minimizing financial risks, and ensuring project success.

How does a Lead Cost Engineer typically collaborate with project managers and other stakeholders during a project's lifecycle?

A Lead Cost Engineer plays a central role in working closely with project managers, schedulers, and procurement teams to ensure that project budgets are accurately developed, maintained, and updated throughout the project's lifecycle. This collaboration often involves regular meetings to review cost forecasts, identify potential risks, and propose cost-saving strategies. Strong communication skills are essential, as the Lead Cost Engineer must clearly present financial data and recommendations to both technical and non-technical stakeholders. By actively participating in cross-functional teams, the Lead Cost Engineer helps facilitate informed decision-making and keeps projects on track financially.

What are Lead Cost Engineers?

Lead Cost Engineers are professionals responsible for overseeing and managing the estimation, budgeting, and monitoring of costs on large projects, often within industries such as construction, engineering, and oil and gas. They lead a team of cost engineers and work closely with project managers to ensure that projects stay within budget and financial risks are minimized. Their duties include analyzing project requirements, preparing cost forecasts, tracking expenditures, and reporting on financial performance. Lead Cost Engineers play a crucial role in project planning and execution by providing accurate and timely cost information to support decision-making.

What is the difference between Lead Cost Engineer vs Cost Engineer?

AspectLead Cost EngineerCost Engineer
CredentialsBachelor's degree in engineering, finance, or related field; often with certifications like AACE Certified Cost Professional (CCP)Bachelor's degree in engineering, construction management, or related field; may also hold CCP certification
Work EnvironmentLeads cost estimation teams, manages budgets, and oversees cost control in large projectsPerforms cost analysis, estimates, and monitoring within project teams
Industry UsageCommon in large construction, engineering, and infrastructure projectsUsed across similar industries for project cost management

The Lead Cost Engineer typically holds a more senior role, overseeing teams and managing complex budgets, while the Cost Engineer focuses on detailed cost analysis and estimation. Both roles require similar credentials and are vital in project cost management, but the Lead Cost Engineer has broader responsibilities and leadership duties.

More about Lead Cost Engineer jobs
What cities are hiring for Lead Cost Engineer jobs? Cities with the most Lead Cost Engineer job openings:
Production Cost Engineer

Production Cost Engineer

TRUMPF

Farmington, CT • On-site

Full-time

Posted 29 days ago


Key responsibilities

  • Review and analyze monthly production cost reports to identify cost variances, root causes, and corrective actions.

  • Lead and facilitate cross-functional meetings with stakeholders to review production costs, cost measures, and project status.

  • Plan, manage, and execute improvement, cost-saving, and localization projects ensuring on-time delivery and realized financial benefits.


Trumpf rating

9.4

Company rating: 9.4 out of 10

Based on 5 frontline employees who took The Breakroom Quiz

4th of 421 rated machine equipment manufacturers


Job description

As a family-run, high-tech company with nearly 19,000 employees at 71 locations worldwide, we are looking for forward thinkers with unconventional ideas and drive to join our team. Our company culture, which values collaboration and mutual trust, creates the ideal framework for boldly trying new things and questioning the status quo. Our technologies inspire people to develop and produce things that are currently unimaginable. Whether lasers, machine tools, EUV or electronics - TRUMPF is building technological worlds for future generations. Are you ready for new challenges?

The Production Cost Engineer is responsible for analyzing, benchmarking, and improving manufacturing costs across multiple production linesat TRUMPF Inc.'s main manufacturing location in Farmington. This role acts as a key interface between production, engineering, controlling, and global lead plants to ensure cost transparency, identify cost drivers, and execute cost-reduction initiatives. The position supports both day-to-day cost monitoring and long-term cost strategy, including localization and process improvement projects.

Cost Analysis,Benchmarking& Target Setting

  • Review and analyze monthlygroup productioncost reports; identify cost variances, root causes, and corrective actions.

  • Perform benchmark analyses of assembly hours and fabrication costs against lead plants.

  • Define cost and time deltasvs.lead plants and develop project-based action plans to close gaps.

  • Define and maintain cost-per-hour targets for fabrication processes; lead initiatives to achieve target levels.

  • Review manufacturing overhead (MOH) calculations monthly with Controlling; summarize key changes, drivers, and risks.

Stakeholder Coordination & Reporting

  • Lead monthly cost review meetings with each lead plant to reviewproduction costs, cost measures, and project status.

  • Facilitate cross-functional meetings with stakeholders responsible for cost measures and project execution.

  • Support and coordinate cost-measure investigations, including data collection, analysis, and follow-up actions.

  • Provide monthly or quarterly cost and project performance updates to senior leadership covering all assigned product lines.

Project Engineering Support&Project Management

  • Support project engineers with cost analyses for localization projects, including business-case evaluations and financial impact assessments.

  • Plan, manage, and execute concurrent improvement, cost-saving, and localization projects ensuring on-time delivery and realized financial benefits.

  • Develop and maintain structured project plans with scope, timelines, risk analyses, and coststrategies;monitor and report progress to senior leadership.

Experience

  • 1-3 years in manufacturing cost engineering, production engineering, or process improvement, preferably in sheet metal fabrication environments.

  • Experience in cost benchmarking, variance analysis, and manufacturing KPI management.

  • Strong project management skills; experience leading cross-site projects and stakeholder meetings.

  • Advanced Excel skills (PivotTables, Power Query); SAP and Power BI experience preferred.

  • Strong analytical, organizational, and communication skills; willingness to work on the shop floor and travel occasionally.

Education

Bachelor's degree in Industrial Engineering, Mechanical Engineering, Manufacturing Engineering, Business Administration (operations focus), or equivalent.

TRUMPF Inc. endeavors to make TRUMPF careers pages accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance in completing the applications process, please contact our HR department at 860.255.6000 or at HRgeneral@us.trumpf.com.This contact information is for accommodation requests only and can not be used to inquire about the status of application.