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Product Cost Engineer Jobs (NOW HIRING)

CTPC Cost Engineer Interiors (CEI/TON) develops direct material costs and tooling investments for ... Experience in production facilities along with knowledge of how NVH component ( Carpet, Inner Dash ...

Our teams have invented groundbreaking technologies, flawlessly manufactured millions of products ... The Cost Engineer/Analyst North America is a critical role in the global cost engineering ...

You will collaborate with global engineering, purchasing, finance, and supplier teams to ensure competitive and transparent cost structures from early concept through serial production. Multiple ...

Our teams have invented groundbreaking technologies, flawlessly manufactured millions of products ... The Cost Engineer/Analyst North America is a critical role in the global cost engineering ...

Cost Engineer -Stamping & welding Location: Auburn Hills, Michigan USA Experience requirement ... production, quality, process expertise and costing Field • Expertise in Steel/Aluminum Stamping ...

You will collaborate with global engineering, purchasing, finance, and supplier teams to ensure competitive and transparent cost structures from early concept through serial production. Multiple ...

The Cost Engineer will be mainly responsible for preparing, submitting, and defending change orders ... Computer knowledge and efficiency, including Microsoft Office Products. Experience with Clearstory ...

You will collaborate with global engineering, purchasing, finance, and supplier teams to ensure competitive and transparent cost structures from early concept through serial production. Multiple ...

Cost Engineer - Electrical develops direct material costs and tooling investments for Electrical ... Stay one step ahead of the product development, challenge and set contacts with components Key ...

Experience working cross functionally with Product Engineering, Finance, Supply Chain, Purchasing ... Identify cost savings opportunities within purchased commodities by proactively analyzing cost ...

The Cost Engineer is responsible for developing accurate and comprehensive cost calculations for new products. This role leads the estimation of initial costs for materials, sheet metal fabrication ...

... product change notices; 3) evaluating tool firm price contracts and verifying asset existence; 4) ... cost models. Qualifications * BS in Electrical or Mechanical Engineering (or equivalent) from an ...

Cost Engineer II

Wilton, NY · On-site

$80K - $105K/yr

Collins Family of Companies has brought safety, quality and productivity to industrial ... The Cost Engineer II builds upon foundational cost engineering responsibilities by taking greater ...

Cost Engineer Required Qualifications: * * * Excellent math skills ... Computer knowledge and efficiency, including Microsoft Office products; * Minimum 2 years of ...

... product change notices; 3) evaluating tool firm price contracts and verifying asset existence; 4) ... cost models. Qualifications * BS in Electrical or Mechanical Engineering (or equivalent) from an ...

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Product Cost Engineer information

See salary details

$45.5K

$97K

$139.5K

How much do product cost engineer jobs pay per year?

As of Jun 9, 2026, the average yearly pay for product 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 is the difference between Product Cost Engineer vs Manufacturing Cost Analyst?

AspectProduct Cost EngineerManufacturing Cost Analyst
CredentialsBachelor's in Engineering, Finance, or related field; certifications like CPCM or CPMBachelor's in Accounting, Finance, or Industrial Engineering; similar certifications
Work EnvironmentDesign and development teams, manufacturing plants, engineering departmentsFinance and accounting departments, manufacturing facilities
Industry UsageProduct development, engineering, manufacturingCost analysis, budgeting, financial planning in manufacturing

Product Cost Engineers focus on estimating and controlling costs during product development, working closely with engineering teams. Manufacturing Cost Analysts primarily analyze manufacturing expenses, supporting budgeting and cost reduction efforts. While both roles involve cost analysis and require similar credentials, their focus areas and daily tasks differ within the manufacturing industry.

What is a Product Cost Engineer?

A Product Cost Engineer is a professional responsible for analyzing, estimating, and managing the costs associated with manufacturing a product. They work closely with design, engineering, and procurement teams to evaluate materials, labor, and production processes to ensure products are developed within budget. Their goal is to optimize costs without compromising quality or functionality, helping organizations achieve profitability and competitive pricing. Product Cost Engineers often use specialized software and cost modeling techniques to support decision-making throughout the product lifecycle.

How does a Product Cost Engineer typically collaborate with other departments during the product development process?

Product Cost Engineers work closely with cross-functional teams such as design, engineering, procurement, and manufacturing to ensure that products are developed within targeted cost parameters. They often participate in design reviews, provide cost estimates, and suggest design modifications to optimize material and production costs. Effective communication and teamwork are essential, as Product Cost Engineers act as a bridge between technical teams and finance, ensuring that cost considerations are integrated into decision-making from the earliest stages of product development.

What are the key skills and qualifications needed to thrive as a Product Cost Engineer, and why are they important?

To thrive as a Product Cost Engineer, you need a solid background in engineering, cost analysis, and manufacturing processes, often supported by a degree in engineering or related fields. Familiarity with cost modeling software, ERP systems, and tools like SAP or Excel is typically essential. Strong analytical thinking, attention to detail, and effective communication skills help in collaborating with cross-functional teams and presenting cost-saving recommendations. These skills and qualifications are crucial for accurately estimating product costs, optimizing resources, and supporting strategic business decisions.
More about Product Cost Engineer jobs
What states have the most Product Cost Engineer jobs? States with the most job openings for Product Cost Engineer jobs include:
Infographic showing various Product Cost Engineer job openings in the United States as of June 2026, with employment types broken down into 2% As Needed, 90% Full Time, 2% Part Time, 4% Contract, and 2% Nights. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution, with an average salary of $97,048 per year, or $46.7 per hour.
Cost Engineer (Automotive)

$43.08/hr

Full-time

Posted 25 days ago


Job description

Cost Engineer (Automotive) Location: Auburn Hills, MI Schedule: First Shift (flexibility required to support global teams in Europe) Pay Rate: $43.08/hour Position Overview We are seeking Cost Engineers to support a global automotive OEM in Auburn Hills, MI. This role is responsible for developing detailed cost estimates for vehicle components and tooling using an activity-based costing approach . Cost Engineers will work directly with bills of materials (BOMs), engineering drawings, and physical components to understand manufacturing processes and estimate component, production, and investment costs.

This position plays a key role in supporting cost targets from early concept through full production. You will collaborate cross-functionally with engineering, purchasing, finance, and global supplier teams to ensure accurate, competitive, and transparent cost structures. Functional Areas Candidates will be aligned based on experience across one of the following areas: Body (CEB) – France Interior (CEI) – Italy Chassis & Engine Systems (CEC) – Italy Propulsion (P) – France Electrical Systems (CES) – North America Key Responsibilities Develop component cost estimates for new vehicle programs, including: Early-phase cost modeling Detailed “should-cost” analysis using bottom-up methodologies Support Design-to-Cost (DTC) initiatives by identifying cost-saving opportunities Perform gap analysis on supplier quotes, including: Piece price Engineering, Design & Development (ED&D) Tooling costs Partner with purchasing teams during supplier negotiations Conduct benchmarking and value optimization analysis across programs Support serial life cost assessments and continuous improvement initiatives Collaborate with global engineering, supplier, and cross-functional teams Deliver cost comparison analysis across regions and programs Basic Qualifications Bachelor’s degree in Engineering or related technical field Minimum 5+ years of automotive or related industry experience Strong communication skills (written and verbal) Ability to manage high-volume, complex component portfolios Proficiency in: Microsoft Excel PowerPoint Word Ability to work across cross-functional teams and global regions Preferred Qualifications Experience with activity-based costing and cost modeling structures Background in one or more of the following: Manufacturing Engineering Product/Design Engineering Tooling Development Supplier/Component Purchasing Prior experience supporting cost reduction or supplier negotiations Target Candidate Background We are particularly interested in candidates with experience from: OEMs: Ford, GM, Stellantis, Toyota Tier 1 Suppliers: Magna, Bosch, Denso Ideal candidates may include: Manufacturing Engineers with cost exposure Design Engineers involved in cost analysis Purchasing/Supplier Engineers with strong cost modeling experience Success Profile The ideal candidate is: Analytical and detail-oriented Comfortable working in a fast-paced, global environment Collaborative with strong stakeholder communication skills Adaptable and capable of managing multiple priorities If you are interested, please send an up-to-date resume to jschafer@alinestaffing.com Provide cost analysis and cost advice Identify product cost reduction opportunities Manage major cost reduction ideas Determine best cost reduction opportunities Achieve desired cost objectives and provide cost alternatives Conducting cost reconciliation to meet client's cost requirements Learned and develop cost reduction plans Providing cost estimates and evaluations Perform all cost development activities Containing schedule and cost information Preparing project and turnaround cost reports Coordinating cost estimating/forecasting activities including periodic project re-estimates and cost benchmark metrics Discuss cost information with project contractors Propose lower cost design concepts Interpret spreadsheets and cost data to determine cost saving opportunities Provide cost forecast for project team management Lead and participate in cost reduction events Lead the cost volume team Verify other committed cost information against cost estimates Collect costs and produce forecast based on progress of work


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About A-Line Staffing Solutions

Sourced by ZipRecruiter

A-Line Staffing Solutions is an established full-service recruiting and staffing provider that operates in the industry of human resources and recruitment. Based in Utica, Michigan, A-Line Staffing Solutions has been committed to its mission of providing innovative and effective workforce solutions since its foundation. The company specializes in providing high-quality staffing solutions for a range of disciplines, including Information Technology, Professional, Administrative, Healthcare, and more. A-Line prides itself on its ability to offer comprehensive and tailored staffing solutions in line with the varying needs of different businesses, which has played a crucial role in the company's growth and success.

Industry

Recruiting and staffing services

Company size

201 - 500 Employees

Headquarters location

Utica, MI, US

Year founded

2004

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